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Mkm Foundation is a private corporation based in MEDINA, WA. The foundation received its IRS ruling in 2023. It holds total assets of $1.7M. Annual income is reported at $548K. Total assets have grown from $510K in 2021 to $1.2M 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 2021 to 2023. According to available records, Mkm Foundation has made 7 grants totaling $45K, with a median grant of $5K. Annual giving has grown from $20K in 2022 to $25K in 2023. Individual grants have ranged from $5K to $10K, with an average award of $6K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Washington and Minnesota and New York. 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.
Mkm Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in WA, MN, NY.
Mkm Foundation has distributed a total of $45K across 7 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $5K to $10K.
Mkm Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mkm Foundation is headquartered in MEDINA, WA. While based in WA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lei Jiang | PRESIDENT | $0 | $0 | N/A |
| Minhua Shao | SECRETARY | $0 | $0 | N/A |
| Kaiwen Jiang | CIO | $0 | $0 | N/A |
Total Giving
$59K
Total Assets
$1.2M
Fair Market Value
$1.2M
Net Worth
$1.2M
Grants Paid
$25K
Contributions
$200K
Net Investment Income
$2K
Distribution Amount
$54K
Total: $570K
Total Grants
7
Total Giving
$45K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
4
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Matchbox FoundationCHARITY | Clyde Hill, WA | $10K | 2023 |
| Huada ProjectCHARITY | Seattle, WA | $10K | 2023 |
| Shenpei ArtCHARITY | Eden Prairie, MN | $5K | 2023 |
| KbfusCHARITY | New York, NY | $5K | 2022 |