The Mynydd Teg Foundation

Private foundation · Grantmaker Newark, OH EIN: 34-1969505

The Mynydd Teg Foundation is a private foundation, 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.

Key facts about The Mynydd Teg Foundation

In short: The Mynydd Teg Foundation gave $83K across 5 grants in 2024 (avg $17K), mostly in Ohio. Source: 2024 IRS Form 990-PF.

EIN
34-1969505
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$83,000
Grants made (2024)
5
Average grant
$16,600
Median grant
$16,000
Total assets
$8,296
Primary geography
Ohio (81% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

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.

How The Mynydd Teg Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+6%). Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

ColumbusNewarkAthensHuntington

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K7 grants2019 8 grants2020 4 grants2021 9 grants2022 6 grants2023 5 grants2024

From 2019 to 2024, annual grant giving ranged from $78K (2021) to $133K (2022). In 2024 it made 5 grants totaling $83K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

The Ohio State University: $22KThe Ohio State University$22KPelotonia: $20KPelotonia$20KMarshall University: $16KMarshall University$16KOhio University: $15KOhio University$15KNationwide Children's Hospital Foundation: $10KNationwide Children's HospitalFoundation$10K

The largest 2024 recipient was The Ohio State University ($22K). Together the top 5 received $83K.

Grant Size Distribution

32 grants across all recorded years

32<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 32 grants of 32 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Ohio State University Columbus, OHSupport Education/Sponsor Scholarships$22,000
Pelotonia Columbus, OHSupport Cancer Research$20,000
Marshall University Huntington, WVSupport Education/Sponsor Scholarships$16,000
Ohio University Athens, OHSupport Education/Sponsor Scholarships$15,000
Nationwide Children's Hospital Foundation Columbus, OHSupport of Behaviorial Health Center$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$50K$100K$150K$200K2019 2020 2021 2022 2023 2024
Metric202420232022
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
Distributable Amount$1,412$7,382$3,056

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 4, 2020)
  2. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

The Mynydd Teg Foundation is led by Drew Menzer, President since 2022 (on filings since 2019); none of the 7 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Drew Menzer

    President

    President → Trustee, 2021

    Trustee → President, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Cynthia M. Menzer

    Secretary, Treasurer & Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mary M. Albright

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Michael J. Menzer

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Rachel Menzer

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Robert N. Drake

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Zachary P. Menzer

    Trustee

    Trustee → President, 2021

    President → Trustee, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Mynydd Teg Foundation

How much does The Mynydd Teg Foundation give each year?

The Mynydd Teg Foundation gave $83K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $119K across 6 grants.

What is The Mynydd Teg Foundation's typical grant size?

The Mynydd Teg Foundation's median grant in 2024 was $16,000, and its average grant was $16,600, across 5 grants on its 2024 IRS Form 990-PF.

Where does The Mynydd Teg Foundation give grants?

The Mynydd Teg Foundation gives mostly in Ohio: 81% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was West Virginia (19%). The most frequent recipient cities were Columbus, OH (3 grants).

Does The Mynydd Teg Foundation give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on The Mynydd Teg Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support Education/Sponsor Scholarships" (3 grants).

Who are The Mynydd Teg Foundation's largest grantees?

The Mynydd Teg Foundation's largest 2024 grantees include The Ohio State University ($22,000), Pelotonia ($20,000) and Marshall University ($16,000), according to its 2024 IRS Form 990-PF. Together they received 70% of its itemized 2024 grant dollars.

How large is The Mynydd Teg Foundation?

The Mynydd Teg Foundation reported $8K in total assets on its 2024 IRS Form 990-PF. It paid out $86K in qualifying distributions that year, against a required minimum of $1K (roughly 5% of its investment assets).

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.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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