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Mhg Family Foundation is a private corporation based in NEWPORT BEACH, CA. The foundation received its IRS ruling in 2013. The principal officer is Michael H Gray. It holds total assets of $556K. Annual income is reported at $5K. Total assets have decreased from $995K in 2013 to $560K in 2023. The foundation is governed by 3 officers and trustees. 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 2015 to 2023. According to available records, Mhg Family Foundation has made 4 grants totaling $33K, with a median grant of $8K. Annual giving has decreased from $21K in 2020 to $1K in 2023. Individual grants have ranged from $1K to $16K, with an average award of $8K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in California and Massachusetts and North Dakota. 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.
Mhg Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CA, MA, ND.
Mhg Family Foundation has distributed a total of $33K across 4 grants. The median grant size is $8K, with an average of $8K. Individual grants have ranged from $1K to $16K.
Mhg Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mhg Family Foundation is headquartered in NEWPORT BEACH, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lori A Gray | Director | $0 | $0 | N/A |
| Matthew H Gray | Director | $0 | $0 | N/A |
| Michael H Gray | President | $0 | $0 | N/A |
Total Giving
$4K
Total Assets
$560K
Fair Market Value
N/A
Net Worth
$559K
Grants Paid
$1K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$33K
Average Grant
$8K
Median Grant
$8K
Unique Recipients
3
Most Common Grant
$16K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Augie'S Quest - Als TdiGENERAL | Cambridge, MA | $1K | 2023 |
| Hoag Charity SportsGeneral | Irvine, CA | $16K | 2020 |
| Ndsu FoundationGeneral | Fargo, ND | $5K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA