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Mb Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1997. The principal officer is % Aaron Frank. It holds total assets of $494K. Annual income is reported at $219K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mb Foundation has made 11 grants totaling $200K, with a median grant of $3K. The foundation has distributed between $95K and $105K annually from 2022 to 2023. Individual grants have ranged from $350 to $62K, with an average award of $18K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Illinois, Louisiana, Arizona, which account for 91% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Mb Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in IL, LA, AZ.
Mb Foundation has distributed a total of $200K across 11 grants. The median grant size is $3K, with an average of $18K. Individual grants have ranged from $350 to $62K.
Mb Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mb Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Allen Turner | SECRETARY | $0 | $0 | $0 |
| Michael Frank | PRESIDENT | $0 | $0 | $0 |
| Aaron Frank | VICE-PRESIDENT | $0 | $0 | $0 |
| Marshall Eisenberg | TREASURER | $0 | $0 | $0 |
Total Giving
$96K
Total Assets
$513K
Fair Market Value
$2M
Net Worth
$513K
Grants Paid
$95K
Contributions
$0
Net Investment Income
$78K
Distribution Amount
$94K
Total Grants
11
Total Giving
$200K
Average Grant
$18K
Median Grant
$3K
Unique Recipients
8
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| PawsGENERAL | Chicago, IL | $33K | 2023 |
| JufGENERAL | Chicago, IL | $50K | 2023 |
| JdrfGENERAL | Chicago, IL | $7K | 2023 |
| Francis W Parker SchoolGENERAL | Chicago, IL | $3K | 2023 |
| The Inner Pup And TipGENERAL | New Orleans, LA | $1K | 2023 |
Other foundations that have funded Mb Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Brown Foundation Inc. | $50K | 2024 | Audio editing software, production equipment, stipend for theproduction team |
| The Ralph C Wilson Jr Foundation | $500K | 2023 | TO SUPPORT THE CLINTON RIVER SPILLWAY PEDESTRIAN BRIDGE. |
| The Ralph C Wilson Jr Foundation | $118K | 2023 | TO SUPPORT INTERIM OPERATIONAL AND ORGANIZATIONAL CAPACITY FOR A KEY CAPACITY-BUILDING INTERMEDIARY IN MACOMB COUNTY. |
| Hackerman Foundation Inc. | $50K | 2023 | EDUCATION |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| The Phoenix ZooGENERAL | Phoenix, AZ | $1K | 2023 |
| Owls LacrosseGENERAL | Chicago, IL | $500 | 2022 |
| GofundmeorgGENERAL | West Hollywood, CA | $350 | 2022 |
| Connelly Foundation | $30K | 2023 | GENERAL OPERATING SUPPORT |
| Brown Advisory Charitable Foundation Inc. | $10K | 2023 | PROGRAM SUPPORT |
| Consumers Energy Foundation | $5K | 2023 | ADVANCING MACOMB GENERAL OPERATIONS |
| Mary And Charles Sethness Charitable Foundation | $5K | 2023 | UNRESTRICTED |
| Mary Jean And Oliver Travers Foundation Inc. | $3K | 2023 | UNRESTRICTED |
| Mary Jean And Oliver Travers Foundation Inc. | $3K | 2023 | UNRESTRICTED |
| Sylvan C Herman Foundation Inc. | $3K | 2023 | TO FULFILL CHARITABLE PURPOSE |
| Eversource Energy Foundation Inc. | $2K | 2023 | SUPPORT FOR THE MENTAL HEALTH PROGRAMS AND CRISIS |
| Elsie P & Lucius B Mccowan Private Foundation | $1K | 2023 | GENERAL OPERATIONS |
| Elsie P & Lucius B Mccowan Private Foundation | $1K | 2023 | GENERAL OPERATIONS |
| Brian & Sonya Emerick Family Foundation Inc. | $500 | 2023 | OPERATIONS |
| Texas Instruments Foundation | $100 | 2023 | DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM." |
| Lipper Fam Charitable Foundation | $50 | 2023 | GENERAL PURPOSE |
| Esb Charitable Foundation | $100K | 2022 | TO SUPPORT THE GENERAL CHARITABLE PURPOSES OF GRANTEE |
| James And Dorothy Stanton Foundation | $50K | 2022 | CARDIOLOGY DEPARTMENT |
| James And Dorothy Stanton Foundation | $50K | 2022 | CARDIOLOGY DEPARTMENT |
| Hackerman Foundation Inc. | $50K | 2022 | EDUCATION |
| Hackerman Foundation Inc. | $50K | 2022 | EDUCATION |
| The Bea And David Zack Memorial Foundation Inc. | $50K | 2022 | PROMOTES THE UNIVERSITY THROUGH ADVOCACY AND THE ENLISTING OF FINANCIAL SUPPORT AND MANAGES AND INVESTS GIFTS AND PROPERTY FOR THE BENEFIT OF UMB. |
| Foundation For Seacoast Health | $13K | 2022 | To provide suicide prevention education to New Hampshire youth and the community. |
| Foundation For Seacoast Health | $13K | 2022 | To provide suicide prevention education to New Hampshire youth and the community. |
| Dte Energy Foundation | $10K | 2022 | SOCIAL IMPACT |
| Dte Energy Foundation | $10K | 2022 | SOCIAL IMPACT |
| Boyd And Joan Kelley Charitable Foundation | $10K | 2022 | OPERATIONS |
| Boyd And Joan Kelley Charitable Foundation | $10K | 2022 | OPERATIONS |
| Daniel Foundation Of Alabama | $10K | 2022 | CHARITABLE |
| Daniel Foundation Of Alabama | $10K | 2022 | CHARITABLE |
| Alabama Power Foundation Inc. | $5K | 2022 | GENERAL/OPERATING |
| Consumers Energy Foundation | $5K | 2022 | ADVANCING MACOMB FOUNDATION OPERATIONS FUND |
| Robert P & Patricia J Bauman Family Foundation Inc. | $5K | 2022 | CHARITABLE - COMMUNITY SERVICES |
| Consumers Energy Foundation | $5K | 2022 | ADVANCING MACOMB FOUNDATION OPERATIONS FUND |
| Alabama Power Foundation Inc. | $5K | 2022 | GENERAL/OPERATING |
| Enterprise Holdings Foundation | $3K | 2022 | Program Support |
| Sylvan C Herman Foundation Inc. | $3K | 2022 | To fulfill Charitable Purpose |
| Enterprise Holdings Foundation | $3K | 2022 | Program Support |
| Hardiman Family Foundation Inc. | $3K | 2022 | ANNUAL FUND |
| Hardiman Family Foundation Inc. | $3K | 2022 | ANNUAL FUND |
| Arkay Foundation | $2K | 2022 | Osher Lifelong Learning Institute |
| Cvs Foundation | $2K | 2022 | VOLUNTEER CHALLENGE GRANTS |
| Shell Usa Company Foundation | $1K | 2022 | MEF |
| Shell Usa Company Foundation | $1K | 2022 | MEF |
| Hw Schiller Family Foundation Inc. | $515 | 2022 | TO PROVIDE HELP TO THOSE SUFFERING FROM COMPLEX REGIONAL PAIN SYNDROME/REFLEX SYMPATHETIC DYSTROPHY. |
| Hw Schiller Family Foundation Inc. | $515 | 2022 | TO PROVIDE HELP TO THOSE SUFFERING FROM COMPLEX REGIONAL PAIN SYNDROME/REFLEX SYMPATHETIC DYSTROPHY. |
| Brian & Sonya Emerick Family Foundation Inc. | $500 | 2022 | OPERATIONS |
| The Hedrick Family Foundation Inc. | $500 | 2022 | CHARITABLE USE |
| Brian & Sonya Emerick Family Foundation Inc. | $500 | 2022 | OPERATIONS |
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