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Mak Family Foundation Inc. is a private corporation based in GUTTENBERG, NJ. The foundation received its IRS ruling in 2004. The principal officer is Mac Chungping Mak. It holds total assets of $1.2M. Annual income is reported at $63K. 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 2021 to 2024. The foundation primarily funds organizations in New York and Connecticut. According to available records, Mak Family Foundation Inc. has made 15 grants totaling $198K, with a median grant of $10K. Annual giving has grown from $56K in 2022 to $142K in 2023. Individual grants have ranged from $700 to $43K, with an average award of $13K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Connecticut, New York, South Carolina, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$10K
Average Grant
$24K
Largest Grant
$61K
Based on 3 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.
Mak Family Foundation Inc. 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 CT, NY, SC.
Mak Family Foundation Inc. has distributed a total of $198K across 15 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $700 to $43K.
Mak Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Mak Family Foundation Inc. is headquartered in GUTTENBERG, NJ. While based in NJ, the foundation distributes grants to organizations across 4 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$90K
Total Assets
$1.2M
Fair Market Value
$1.7M
Net Worth
$1.2M
Grants Paid
$78K
Contributions
N/A
Net Investment Income
$35K
Distribution Amount
$79K
Total: $1.1M
Total Grants
15
Total Giving
$198K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
6
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Presbyterian ChurchAnnual Contribution | Greenville, SC | $10K | 2023 |
| Cardinal Kung Foundation IncGeneral Purposes | Stamford, CT | $41K | 2023 |
| Family Harmony Association IncYouth Program | Brooklyn, NY | $15K | 2023 |
| Transfiguration ChurchGeneral Purposes | New York, NY | $4K | 2023 |
| All Other CharitiesGeneral Purposes | New York, NY | $1K | 2023 |
| Sacred Heart Catholic ChurchContribution to the Philippines Sisters | Cliffside Park, NJ | $2K | 2022 |