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Jeanne M Mithun Foundation is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 2009. The principal officer is Michael Macdonald. It holds total assets of $4.9M. Annual income is reported at $2.1M. Total assets have grown from $146K in 2011 to $4M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Minnesota. According to available records, Jeanne M Mithun Foundation has made 22 grants totaling $875K, with a median grant of $50K. Annual giving has grown from $180K in 2021 to $235K in 2023. Grantmaking activity was highest in 2022 with $460K distributed across 12 grants. Individual grants have ranged from $2K to $51K, with an average award of $40K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Minnesota and Connecticut. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$31K
Average Grant
$28K
Largest Grant
$50K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Jeanne M Mithun Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in MN, CT.
Jeanne M Mithun Foundation has distributed a total of $875K across 22 grants. The median grant size is $50K, with an average of $40K. Individual grants have ranged from $2K to $51K.
Jeanne M Mithun Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jeanne M Mithun Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Macdonald | DIRECTOR | $1K | $0 | $1K |
| Christopher Schmitt | DIRECTOR | $0 | $0 | N/A |
| Kimberly Schmitt | DIRECTOR | $0 | $0 | N/A |
Total Giving
$284K
Total Assets
$4M
Fair Market Value
$6M
Net Worth
$4M
Grants Paid
$235K
Contributions
$43K
Net Investment Income
$141K
Distribution Amount
$275K
Total: N/A
Total Grants
22
Total Giving
$875K
Average Grant
$40K
Median Grant
$50K
Unique Recipients
7
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Can Do CaninesUNRESTRICTED GENERAL | New Hope, MN | $51K | 2023 |
| St Paul Police K-9 FoundationUNRESTRICTED GENERAL | Saint Paul, MN | $51K | 2023 |
| Northwoods Humane SocietyUNRESTRICTED GENERAL | Wyoming, MN | $50K | 2023 |
| United Heroes LeagueUNRESTRICTED GENERAL | Hastings, MN | $50K | 2023 |
| Secondhand HoundsUNRESTRICTED GENERAL | Minnetonka, MN | $30K | 2023 |
| Newtown Town PlayersUNRESTRICTED GENERAL | Newtown, CT | $2K | 2023 |
| Underdog Rescue IncUNRESTRICTED GENERAL | St Louis Park, MN | $15K | 2022 |