//
Mg2 Foundation is a private corporation based in SEATTLE, WA. The foundation received its IRS ruling in 2014. It holds total assets of $1M. Annual income is reported at $589K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mg2 Foundation has made 31 grants totaling $827K, with a median grant of $5K. Annual giving has grown from $106K in 2020 to $270K in 2023. Grantmaking activity was highest in 2022 with $310K distributed across 4 grants. Individual grants have ranged from $500 to $155K, with an average award of $27K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Washington, Florida, District of Columbia, which account for 87% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Mg2 Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in WA, FL, DC.
Mg2 Foundation has distributed a total of $827K across 31 grants. The median grant size is $5K, with an average of $27K. Individual grants have ranged from $500 to $155K.
Mg2 Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mg2 Foundation is headquartered in SEATTLE, WA. While based in WA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jerry Lee | EXECUTIVE DIRECTOR | $0 | $0 | $0 |
| Mitchell Smith | CHAIR | $0 | $0 | $0 |
| Russ Hazzard | DIRECTOR | $0 | $0 | $0 |
| Wendy Unzelman | DIRECTOR | $0 | $0 | $0 |
Total Giving
$392K
Total Assets
$1M
Fair Market Value
$1.1M
Net Worth
$1M
Grants Paid
$270K
Contributions
$276K
Net Investment Income
$9K
Distribution Amount
$56K
Total: $1M
Total Grants
31
Total Giving
$827K
Average Grant
$27K
Median Grant
$5K
Unique Recipients
23
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fred Hutchinson Cancer CenterGENERAL PURPOSE | Seattle, WA | $155K | 2023 |
| Lake Washington Institute Of Technology FoundationGIFT FOR THE LW SCHOLARSHIP | Kirkland, WA | $21K | 2023 |
| Friends Of Costco GuildFOR THE BENEFIT OF THE CHILDREN'S GOLF CLASSIC | Seattle, WA | $15K | 2023 |
| College Success FoundationGIFT TO THE COSTCO SCHOLARSHIP FUND | Bellevue, WA | $15K | 2023 |
| The Bellevue Art MuseumGENERAL PURPOSE | Bellevue, WA | $10K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2023 |
| Howard University College Of Engineering And ArchitectureGIFT FOR SCHOLARSHIP | Washington, DC | $10K | 2023 |
| Famu School Of Architecture & Engineering TechnologyFOR THE BENEFIT OF SUPPORTING DIGITAL LITERACY | Tallahassee, FL | $6K | 2023 |
| Habitat For HumanityGENERAL PURPOSE | Renton, WA | $5K | 2023 |
| Lupus Foundation Of America IncFOR THE BENEFIT OF THE WALK TO END LUPUS | Washington, DC | $3K | 2023 |
| Ace Mentor Program Of America IncGIFT FOR THE 2022 SILVER PARTNERSHIP | Philadelphia, PA | $3K | 2023 |
| Pacific Northwest Center For Architecture And DesignFOR THE BENEFIT OF THE SEATTLE DESIGN FESTIVAL | Seattle, WA | $3K | 2023 |
| Read AllianceGENERAL PURPOSE | New York, NY | $2K | 2023 |
| Architects Without Borders SeattleGENERAL PURPOSE | Seattle, WA | $2K | 2023 |
| Northwest Kidney CentersGENERAL PURPOSE | Seattle, WA | $1K | 2023 |
| The Howard UniversityFOR THE BENEFIT OF HARRIET TUBMAN TOURS FOR STUDENTS | Washington, DC | $800 | 2023 |
| Refugee Artisan InitiativeFOR THE BENEFIT OF THE SEASON OF CELEBRATION DINNER | Seattle, WA | $500 | 2023 |
| Chinese American Citizens AllianceFOR THE BENEFIT OF THE RICE DRIVE | Seattle, WA | $500 | 2023 |
| Ichs FoundationGENERAL PURPOSE | Montclair, NJ | $500 | 2023 |
| The Wing Luke MuseumGENERAL PURPOSE | Seattle, WA | $500 | 2023 |
| Fred Hutchinson Cancer ResearchGENERAL PURPOSE | Seattle, WA | $150K | 2022 |
| Susan G Komen Foundation - Puget SoundTO FUND SUSAN G. KOMEN - PUGET SOUND IN THEIR MISSION TO PROVIDE MAMMOGRAMS FOR LOW-INCOME,UNDERSERVED WOMEN IN WASHINGTON STATE. | Seattle, WA | $129K | 2021 |
| Bellevue Art MuseumSUPPORTING THE ARTS IN THE BELLEVUE, WASHINGTON AREA | Bellevue, WA | $10K | 2021 |
| Seattle Architecture FoundationSUPPORTING THE ARCHITECTURE, DESIGN AND HISTORY OF THE SEATTLE AREA. | Seattle, WA | $3K | 2021 |
© 2026 Granted AI