The Mvma Foundation

Foundation · Grantmaker Schenectady, NY EIN: 55-0853578

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.

Key facts about The Mvma Foundation

EIN: 55-0853578
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $18,000
Grants made (2025): 6
Average grant: $3,000
Median grant: $3,000
Total assets: $305,421
Primary geography: New York (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Who The Mvma Foundation funds

By grant dollars, the top recipient states for The Mvma Foundation's 6 itemized 2025 grants were New York (100%). The most frequent recipient cities were Albany, NY (2 grants) and Troy, NY (2 grants). None of its 6 grants with a stated purpose were described as general or operating support. Recurring purposes include "Nursing Scholarship" (6 grants).

How The Mvma Foundation gives

Giving fell 22% from 2022 to 2025. Method
In 2025 it paid out 131% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with The Mvma Foundation

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$305K

+6.1% YoY

Annual Giving

$18K

+33.3% YoY

Grant Count

+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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $18K (100%)

Share of all 6 itemized 2025 grant dollars.

States

New York

Cities

TroyAlbanySaratoga SpringsSchenectadyBallston Spa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 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 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 recipients 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

No officer or director reported compensation in the available filings.

From 2025 IRS 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

Philanthropy, Voluntarism & Grantmaking

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.