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M5m Foundation is a private corporation based in FLOWER MOUND, TX. The foundation received its IRS ruling in 2015. The principal officer is Melissa Allen. It holds total assets of $145K. Annual income is reported at $496K. Total assets have decreased from $163K in 2020 to $50K in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of international. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, M5m Foundation has made 3 grants totaling $2M, with a median grant of $779K. Annual giving has grown from $439K in 2020 to $1.6M in 2022. Individual grants have ranged from $439K to $779K, with an average award of $666K. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
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.
M5m Foundation primarily funds organizations in the area of international. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in IL.
M5m Foundation has distributed a total of $2M across 3 grants. The median grant size is $779K, with an average of $666K. Individual grants have ranged from $439K to $779K.
M5m Foundation typically selects its grantees rather than accepting unsolicited proposals.
M5m Foundation is headquartered in FLOWER MOUND, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sarah Louthan | EXECUTIVE DIRECTOR, SEC/TREASURER | $118K | $1K | $119K |
| Alfredo Bala | DIRECTOR | $0 | $0 | N/A |
| Christopher Simons | DIRECTOR | $0 | $0 | N/A |
| Landen Fredrick | CHAIRMAN | $0 | $0 | N/A |
| Lorrie Grotke | DIRECTOR | $0 | $0 | N/A |
| Mark Shank | DIRECTOR | $0 | $0 | N/A |
Total Giving
$467K
Total Assets
$50K
Fair Market Value
$50K
Net Worth
$19K
Grants Paid
$244K
Contributions
$757K
Net Investment Income
N/A
Distribution Amount
$2K
Total Grants
3
Total Giving
$2M
Average Grant
$666K
Median Grant
$779K
Unique Recipients
1
Most Common Grant
$779K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kids Around The WorldTO SUPPORT HOPE ZONES IN ECUADOR AND THE DOMINICAN REPUBLIC | Rockford, IL | $779K | 2022 |