The Mvma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCHENECTADY, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $305K in total assets. In 2025, it awarded 6 grants totaling $18K. Net investment income was $8K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$305K
+6.1% YoY
Annual Giving
$18K
+33.3% YoY
Grant Count
6
+20.0% YoY
Avg Grant Size
$3K
+11.1% YoY
Under IRS private-foundation payout rules, The Mvma Foundation reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.
About The Mvma Foundation
Based on IRS filings
The Mvma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCHENECTADY, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $305K in total assets. In 2025, it awarded 6 grants totaling $18K. Net investment income was $8K.
Focus Areas
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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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $305,421 | $287,790 | $276,499 |
| Revenue | $40,894 | $29,188 | $26,097 |
| Expenses | $23,263 | $17,821 | $14,520 |
| Qualifying Distributions | $20,855 | $15,779 | $12,609 |
| Net Investment Income | $8,486 | $7,146 | $5,470 |
| Distributable Amount | $15,979 | $14,356 | $13,194 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Sphp Center for Philanthropy ($3,000), Samaritan Hospital Nursing School ($3,000), Ellis Medicine Balanger School ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SPHP CENTER FOR PHILANTHROPY ALBANY, NY | NURSING SCHOLARSHIP | $3,000 |
| SAMARITAN HOSPITAL NURSING SCHOOL TROY, NY | NURSING SCHOLARSHIP | $3,000 |
| ELLIS MEDICINE BALANGER SCHOOL SCHENECTADY, NY | NURSING SCHOLARSHIP | $3,000 |
| EMPIRE STATE COLLEGE FOUNDATION SARATOGA SPRINGS, NY | NURSING SCHOLARSHIP | $3,000 |
| MARIA COLLEGE ALBANY, NY | NURSING SCHOLARSHIP | $3,000 |
| THE SAGE COLLEGES CORP CONNECTIONS TROY, NY | NURSING SCHOLARSHIP | $3,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD B TOLL MD | CHAIRMAN | 0.5 | — |
| DAVID OLIKER | VICE CHAIR & | 0.5 | — |
| ARTHUR OSTROV MD | SECRETARY | 0.5 | — |
| MURRAY JAROS ESQ | DIRECTOR | 0.5 | — |
| AUDRA HANLEY MD | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Mvma Foundation?
The Mvma Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SCHENECTADY, NY. It holds $305K in total assets as of 2025.
How large is The Mvma Foundation?
As of 2025, The Mvma Foundation holds $305K in total assets with $41K in annual revenue. It awarded 6 grants totaling $18K in 2025.
Where does The Mvma Foundation operate?
The Mvma Foundation has awarded grants in New York.
What size grants does The Mvma Foundation award?
In 2025, The Mvma Foundation awarded 6 grants totaling $18K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Mvma Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Mvma Foundation reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Mvma Foundation's EIN?
The Mvma Foundation's EIN (Employer Identification Number) is 55-0853578. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in The Mvma Foundation'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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