The Mynydd Teg Foundation
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
Share of 2024 grant dollars across all 5 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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 largest 2024 recipient was The Ohio State University ($22K). Together the top 5 received $83K.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 32 grants of 32 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Ohio State University Columbus, OH | Support Education/Sponsor Scholarships | $22,000 |
| Pelotonia Columbus, OH | Support Cancer Research | $20,000 |
| Marshall University Huntington, WV | Support Education/Sponsor Scholarships | $16,000 |
| Ohio University Athens, OH | Support Education/Sponsor Scholarships | $15,000 |
| Nationwide Children's Hospital Foundation Columbus, OH | Support of Behaviorial Health Center | $10,000 |
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 |
| Distributable Amount | $1,412 | $7,382 | $3,056 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 4, 2020)
- 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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