The Michnal Foundation Inc
The Michnal Foundation Inc is a private foundation focused on Community and economic development, based in THE VILLAGES, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $565K in total assets. In 2024, it awarded 39 grants totaling $153K. Net investment income was $19K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$565K
-3.2% YoY
Annual Giving
$153K
+53.2% YoY
Grant Count
39
+21.9% YoY
Avg Grant Size
$4K
+25.7% YoY
Under IRS private-foundation payout rules, The Michnal Foundation Inc reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.
About The Michnal Foundation Inc
Based on IRS filings
The Michnal Foundation Inc is a private foundation focused on Community and economic development, based in THE VILLAGES, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $565K in total assets. In 2024, it awarded 39 grants totaling $153K. Net investment income was $19K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $564,836 | $583,514 | $536,266 |
| Revenue | $121,065 | $153,410 | $-153,597 |
| Expenses | $157,011 | $104,536 | $84,709 |
| Qualifying Distributions | $155,243 | $102,299 | $74,836 |
| Net Investment Income | $19,297 | $51,173 | — |
| Distributable Amount | $24,864 | $22,409 | $25,100 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
221 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Wildwood Soup Kitchen ($50,000), Cedarville University ($20,000), Friends of Sozo Kids Inc ($11,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMERS ASSOCIATION OF FLORIDA TALLAHASSEE, FL | SUPPORT AND OPERATING EXPENSES | $250 |
| AMERICAN LIFE LEAGUE STAFFORD, VA | SUPPORT AND OPERATING EXPENSES | $500 |
| BETHLEHEM CENTER SPARTANBURG, SC | SUPPORT AND OPERATING EXPENSES | $3,500 |
| CEDARVILLE UNIVERSITY CEDARVILLE, OH | SUPPORT AND OPERATING EXPENSES | $20,000 |
| CHAMBLISS CENTER FOR CHILDREN CHATTANOOGA, TN | SUPPORT AND OPERATING EXPENSES | $3,250 |
| CHILDREN ADVOCACY NAPLES, FL | SUPPORT AND OPERATING EXPENSES | $1,000 |
| DARKHORSE LODGE SPRINGVILLE, TN | SUPPORT AND OPERATING EXPENSES | $5,000 |
| ECHO N FT MYERS, FL | SUPPORT AND OPERATING EXPENSES | $7,000 |
| FREEWHEEL CHAIR MISSION IRVINE, CA | SUPPORT AND OPERATING EXPENSES | $250 |
| FRIENDS OF SOZO KIDS INC THE VILLAGES, FL | SUPPORT AND OPERATING EXPENSES | $11,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAURA MALONE | SECRETARY | 2 | — |
| ROBERT MICHNAL | PRESIDENT | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Michnal Foundation Inc?
The Michnal Foundation Inc is a private foundation focused on Community and economic development, based in THE VILLAGES, FL. It holds $565K in total assets as of 2024.
How large is The Michnal Foundation Inc?
As of 2024, The Michnal Foundation Inc holds $565K in total assets with $121K in annual revenue. It awarded 39 grants totaling $153K in 2024.
Where does The Michnal Foundation Inc operate?
The Michnal Foundation Inc has awarded grants in California, District of Columbia, Florida, Georgia, Hawaii, Illinois, Kansas, Kentucky, Massachusetts, Maryland, Michigan, North Carolina, New Hampshire, Nevada, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin.
What size grants does The Michnal Foundation Inc award?
In 2024, The Michnal Foundation Inc awarded 39 grants totaling $153K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Michnal Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Michnal Foundation Inc reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Michnal Foundation Inc's EIN?
The Michnal Foundation Inc's EIN (Employer Identification Number) is 65-0231926. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Michnal Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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