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Also known as: C/O STERLING FOUNDATION MANAGEMENT LLC
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M Charitable Fund is a private trust based in RESTON, VA. The foundation received its IRS ruling in 2019. The principal officer is Michal L Mekjian Ttee. It holds total assets of $12.3M. Annual income is reported at $3M. Total assets have grown from $2.6M in 2019 to $12.3M in 2024. The foundation is governed by 2 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 2020 to 2024. The foundation primarily funds organizations in California, Nevada and Utah. According to available records, M Charitable Fund has made 15 grants totaling $889K, with a median grant of $50K. Annual giving has grown from $70K in 2020 to $423K in 2024. Individual grants have ranged from $10K to $161K, with an average award of $59K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in California and Nevada. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$40K
Largest Grant
$112K
Based on 5 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.
M Charitable Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in CA, NV.
M Charitable Fund has distributed a total of $889K across 15 grants. The median grant size is $50K, with an average of $59K. Individual grants have ranged from $10K to $161K.
M Charitable Fund typically selects its grantees rather than accepting unsolicited proposals.
M Charitable Fund is headquartered in RESTON, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| MICHAL L MEKJIAN JR | TRUSTEE | $0 | $0 | N/A |
| MAUREEN C MEKJIAN | TRUSTEE | $0 | $0 | N/A |
Total Giving
$423K
Total Assets
$12.3M
Fair Market Value
$14.8M
Net Worth
$12.3M
Grants Paid
$423K
Contributions
$1.4M
Net Investment Income
$858K
Distribution Amount
$719K
Total: $12.3M
Total Grants
15
Total Giving
$889K
Average Grant
$59K
Median Grant
$50K
Unique Recipients
9
Most Common Grant
$50K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| ROCKSIDE RANCHGENERAL SUPPORT | ETNA, CA | $161K | 2024 |
| HORSES4HEROESGENERAL SUPPORT | LAS VEGAS, NV | $98K | 2024 |
| UNLV FOUNDATION (UNIVERSITY OF NORTHERN LAS VEGAS)MEKJIAN FAMILY MERIT SCHOLARSHIP FOR UNLV WILLIAM F HARRAH COLLEGE OF HOSPITALITY | LAS VEGAS, NV | $50K | 2024 |
| LUTHERAN HIGH SCHOOL ORANGE COUNTYGENERAL SUPPORT | ORANGE, CA | $50K | 2024 |
| OCSA FOUNDATION (ORANGE COUNTY SCHOOL OF THE ARTS)FOR CULINARY AND HOSPITALITY CONSERVATORY | SANTA ANA, CA | $34K | 2024 |
| THE SMITH CENTERGENERAL SUPPORT | LAS VEGAS, NV | $20K | 2024 |
| FAITH LUTHERAN MIDDLE & HIGH SCHOOLSTUDENT FINANCIAL AID | LAS VEGAS, NV | $10K | 2024 |
| Rockside IncGENERAL SUPPORT | Etna, CA | $84K | 2022 |
| Ocsa Foundation (Orange County School Of The Arts Foundation)GENERAL SUPPORT AND MASTER ARTIST SERIES | Santa Ana, CA | $70K | 2020 |