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M&M 1988 Foundation is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 2022. The principal officer is % Robert T Napier. It holds total assets of $401K. Annual income is reported at $206K. The foundation operates in the area of philanthropy & grantmaking. According to available records, M&M 1988 Foundation has made 4 grants totaling $55K, with a median grant of $14K. The foundation has distributed between $25K and $30K annually from 2022 to 2023. Individual grants have ranged from $2K to $25K, with an average award of $14K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
M&M 1988 Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IL.
M&M 1988 Foundation has distributed a total of $55K across 4 grants. The median grant size is $14K, with an average of $14K. Individual grants have ranged from $2K to $25K.
M&M 1988 Foundation typically selects its grantees rather than accepting unsolicited proposals.
M&M 1988 Foundation is headquartered in CHICAGO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Micheal F Cronin | TRUSTEE | $0 | $0 | $0 |
| Michelle Lawler | TRUSTEE | $0 | $0 | $0 |
Total Giving
$32K
Total Assets
$388K
Fair Market Value
$388K
Net Worth
$388K
Grants Paid
$30K
Contributions
$10K
Net Investment Income
$4K
Distribution Amount
$18K
Total: $382K
Total Grants
4
Total Giving
$55K
Average Grant
$14K
Median Grant
$14K
Unique Recipients
3
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Christ The King Jesuit College PrepOPERATIONAL SUPPORT | Chicago, IL | $25K | 2023 |
| Digs With DignityOPERATIONAL SUPPORT | Chicago, IL | $3K | 2023 |
| Refugee OneOPERATIONAL SUPPORT | Chicago, IL | $2K | 2023 |
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