The Mynydd Teg Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWARK, OH. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $8K in total assets. In 2024, it awarded 5 grants totaling $83K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8K
-75.5% YoY
Annual Giving
$83K
-30.3% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$17K
-16.3% YoY
Under IRS private-foundation payout rules, The Mynydd Teg Foundation reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.
About The Mynydd Teg Foundation
Based on IRS filings
The Mynydd Teg Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWARK, OH. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $8K in total assets. In 2024, it awarded 5 grants totaling $83K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,296 | $33,896 | $21,004 |
| Revenue | $60,000 | $130,000 | $150,000 |
| Expenses | $85,600 | $119,108 | $133,925 |
| Qualifying Distributions | $85,550 | $119,000 | $133,925 |
| Net Investment Income | — | — | — |
| Distributable Amount | $1,412 | $7,382 | $3,056 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Ohio State University ($22,000), Pelotonia ($20,000), Marshall University ($16,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MARSHALL UNIVERSITY HUNTINGTON, WV | SUPPORT EDUCATION/SPONSOR SCHOLARSHIPS | $16,000 |
| NATIONWIDE CHILDREN'S HOSPITAL FOUNDATION COLUMBUS, OH | SUPPORT OF BEHAVIORIAL HEALTH CENTER | $10,000 |
| OHIO UNIVERSITY ATHENS, OH | SUPPORT EDUCATION/SPONSOR SCHOLARSHIPS | $15,000 |
| THE OHIO STATE UNIVERSITY COLUMBUS, OH | SUPPORT EDUCATION/SPONSOR SCHOLARSHIPS | $22,000 |
| PELOTONIA COLUMBUS, OH | SUPPORT CANCER RESEARCH | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL J MENZER | TRUSTEE | 1 | — |
| CYNTHIA M MENZER | SEC/TREASURER/TRUSTEE | 1 | — |
| ROBERT N DRAKE | TRUSTEE | 1 | — |
| ZACHARY P MENZER | TRUSTEE | 1 | — |
| DREW MENZER | PRESIDENT | 1 | — |
| MARY M ALBRIGHT | TRUSTEE | 1 | — |
| RACHEL MENZER | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Mynydd Teg Foundation?
The Mynydd Teg Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEWARK, OH. It holds $8K in total assets as of 2024.
How large is The Mynydd Teg Foundation?
As of 2024, The Mynydd Teg Foundation holds $8K in total assets with $60K in annual revenue. It awarded 5 grants totaling $83K in 2024.
Where does The Mynydd Teg Foundation operate?
The Mynydd Teg Foundation has awarded grants in Ohio, West Virginia.
What size grants does The Mynydd Teg Foundation award?
In 2024, The Mynydd Teg Foundation awarded 5 grants totaling $83K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is The Mynydd Teg Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mynydd Teg Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Mynydd Teg Foundation's EIN?
The Mynydd Teg Foundation's EIN (Employer Identification Number) is 34-1969505. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in The Mynydd Teg 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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