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Mjc Foundation Trust is a private trust based in HIKO, NV. The foundation received its IRS ruling in 2017. The principal officer is Michael R Cannon Ttee. It holds total assets of $4K. Annual income is reported at $28K. Total assets have decreased from $9K in 2019 to $4K in 2024. The foundation is governed by 2 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 2016 to 2024. The foundation primarily funds organizations in Utah and Nevada. According to available records, Mjc Foundation Trust has made 34 grants totaling $942K, with a median grant of $3K. The foundation has distributed between $261K and $409K annually from 2020 to 2022. Grantmaking activity was highest in 2021 with $409K distributed across 7 grants. Individual grants have ranged from $500 to $305K, with an average award of $28K. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Georgia, Texas, California, which account for 41% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$24K
Largest Grant
$209K
Based on 11 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.
Mjc Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in GA, TX, CA.
Mjc Foundation Trust has distributed a total of $942K across 34 grants. The median grant size is $3K, with an average of $28K. Individual grants have ranged from $500 to $305K.
Mjc Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Mjc Foundation Trust is headquartered in HIKO, NV. While based in NV, the foundation distributes grants to organizations across 9 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael R Cannon | TRUSTEE | $0 | $0 | N/A |
| Jennifer Cannon | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4K
Fair Market Value
N/A
Net Worth
$4K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
34
Total Giving
$942K
Average Grant
$28K
Median Grant
$3K
Unique Recipients
18
Most Common Grant
$3K
of 2022 grantees were first-time recipients
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.