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Medical Group Foundation Inc. is a private corporation based in HIGHLAND, MD. The foundation received its IRS ruling in 1964. It holds total assets of $646K. Annual income is reported at $206K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Medical Group Foundation Inc. has made 14 grants totaling $191K, with a median grant of $12K. Annual giving has grown from $50K in 2020 to $96K in 2022. Individual grants have ranged from $100 to $30K, with an average award of $14K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
Medical Group Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in MD.
Medical Group Foundation Inc. has distributed a total of $191K across 14 grants. The median grant size is $12K, with an average of $14K. Individual grants have ranged from $100 to $30K.
Medical Group Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Medical Group Foundation Inc. is headquartered in HIGHLAND, MD.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charlotte M Record | SEC/TREAS | $27K | $0 | $27K |
| Douglas L Malin | PRESIDENT | $6K | $0 | $6K |
| M Leroy Haas | TRUSTEE | $0 | $0 | $0 |
| David P Malin | TRUSTEE | $0 | $0 | $0 |
| George W Reid | TRUSTEE | $0 | $0 | $0 |
Total Giving
$97K
Total Assets
$684K
Fair Market Value
$749K
Net Worth
$683K
Grants Paid
$47K
Contributions
$0
Net Investment Income
$0
Distribution Amount
$41K
Total: $630K
Total Grants
14
Total Giving
$191K
Average Grant
$14K
Median Grant
$12K
Unique Recipients
4
Most Common Grant
$12K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Washington Adventist UnivEDUCATIONAL | Takoma Park, MD | $24K | 2022 |
| Takoma AcademyEDUCATIONAL | Takoma Park, MD | $12K | 2022 |
| Beltsville Adventist SchoEDUCATIONAL | Beltsville, MD | $12K | 2022 |
| Fifth District Volunteer Fire DeptFIRE PREVENTION | Clarksville, MD | $100 | 2022 |
| Wesley S Malin |
| TTUSTEE |
| $0 |
| $0 |
| $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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