The Monocacy Foundation Inc is a private foundation focused on Human Services, based in Frederick, MD. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 69 grants totaling $54K. Net investment income was $226K.
Key facts about The Monocacy Foundation Inc
- EIN
- 52-1953383
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $53,672
- Grants made (2025)
- 69
- Average grant
- $778
- Median grant
- $396
- Total assets
- $1,239,228
- Primary geography
- Maryland (96% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Monocacy Foundation Inc funds
By grant dollars, the top recipient states for The Monocacy Foundation Inc's 69 itemized 2025 grants were Maryland (96%). The most frequent recipient cities were Frederick, MD (38 grants), Thurmont, MD (5 grants), Adamstown, MD (4 grants) and Middletown, MD (3 grants). None of its 69 grants with a stated purpose were described as general or operating support. Recurring purposes include "Horseback Riding Lessons for Individual in Need" (12 grants), "Swimming Lessons for Individual in Need" (5 grants) and "Speech Therapy for Individual in Need" (3 grants).
How The Monocacy Foundation Inc gives
- Giving fell 20% from 2022 to 2025. Method
- In 2025 it paid out 113% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with The Monocacy Foundation Inc
- How to evaluate The Monocacy Foundation Inc as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.2M
+37.7% YoY
Annual Giving
$54K
-6.3% YoY
Grant Count
69
-28.1% YoY
Avg Grant Size
$777.855
+30.4% YoY
Under IRS private-foundation payout rules, The Monocacy Foundation Inc reported a distributable amount of $48K for 2025 — the minimum it must pay out in qualifying distributions.
About The Monocacy Foundation Inc
Based on IRS filings
The Monocacy Foundation Inc is a private foundation focused on Human Services, based in Frederick, MD. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 69 grants totaling $54K. Net investment income was $226K.
Focus Areas
Ready to take the next step with The Monocacy Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 69 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,239,228 | $899,671 | $829,070 |
| Revenue | $565,104 | $77,211 | $81,277 |
| Expenses | $79,066 | $79,752 | $76,160 |
| Qualifying Distributions | $53,672 | $57,257 | $51,608 |
| Net Investment Income | $225,851 | $9,038 | $843 |
| Distributable Amount | $47,662 | $42,174 | $40,353 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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 2025
Grant Size Distribution
397 grants across all recorded years
Open Grants
1 open opportunity from The Monocacy Foundation Inc
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Community Living Inc ($22,568), FC 4H Therapeutic Riding ($2,000), Variety National ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COMMUNITY LIVING INC Frederick, MD | PERSONAL SUPPORT PROGRAM FOR INDIVIDUALS IN NEED | $22,568 |
| FC 4H THERAPEUTIC RIDING Thurmont, MD | HORSECARE AND SUPPLIES FOR INDIVIDUALS IN NEED | $2,000 |
| VARIETY NATIONAL Washington, DC | FREDERICK COUNTY PROGRAM FOR INDIVIDUALS IN NEED | $2,000 |
| DANIEL BRIGGS Knoxville, MD | CAMP FEES FOR INDIVIDUAL IN NEED | $1,000 |
| XAVIER GOLDFIELD Braddock Heights, MD | IPAD AND ACCESSORIES FOR INDIVIDUAL IN NEED | $880 |
| HENRY ALVESTAD Frederick, MD | YMCA MEMBERSHIP FOR INDIVIDUAL IN NEED | $864 |
| KELLAN FOREMAN Frederick, MD | YMCA MEMBERSHIP FOR INDIVIDUAL IN NEED | $750 |
| SALAMEH SAAH Adamstown, MD | MEDICAL EXPENSES FOR INDIVIDUAL IN NEED | $729 |
| ROSALIE HERNANDEZ Middletown, MD | IPAD AND ACCESSORIES FOR INDIVIDUAL IN NEED | $660 |
| VALERIA VARGAS EMERSON Frederick, MD | MUSIC LESSONS FOR INDIVIDUAL IN NEED | $630 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| George Chaney II | Treasurer | 2 | — |
| Donald Hiltner Jr | Vice President | 2 | — |
| Gael Butcher | Board Member | 2 | — |
| Dustin Sclater | Board Member | 2 | — |
| Susan Holton | Board Member | 2 | — |
| Michelle Hill | Secretary | 2 | — |
| Jim Gangawere | Board Member | 2 | — |
| Kim Daigre | Board Member | 2 | — |
| Marty Young | President | 2 | — |
| Stacey Hiltner | Board Member | 2 | — |
| Julia Deroner | Board Member | 2 | — |
| Bridget Patterson | Board Member | 2 | — |
| Don Hiltner III | Board Member | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Monocacy Foundation Inc?
The Monocacy Foundation Inc is a private foundation focused on Human Services, based in Frederick, MD. It holds $1.2M in total assets as of 2025.
How large is The Monocacy Foundation Inc?
As of 2025, The Monocacy Foundation Inc holds $1.2M in total assets with $565K in annual revenue. It awarded 69 grants totaling $54K in 2025.
Where does The Monocacy Foundation Inc operate?
The Monocacy Foundation Inc has awarded grants in District of Columbia, Maryland.
What size grants does The Monocacy Foundation Inc award?
In 2025, The Monocacy Foundation Inc awarded 69 grants totaling $54K — an average of about $777.855 per grant, based on its IRS Form 990 filings.
How much is The Monocacy Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Monocacy Foundation Inc reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Monocacy Foundation Inc's EIN?
The Monocacy Foundation Inc's EIN (Employer Identification Number) is 52-1953383. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.