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Also known as: C/O MR KIM ISLAMI
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Mmd Foundation Inc. is a private corporation based in WEST ORANGE, NJ. The foundation received its IRS ruling in 1976. The principal officer is Mr Kim Islami. It holds total assets of $866K. Annual income is reported at $357K. Total assets have decreased from $2.4M in 2011 to $878K in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 5 states, including New Jersey, California, Florida. According to available records, Mmd Foundation Inc. has made 35 grants totaling $621K, with a median grant of $12K. Annual giving has grown from $126K in 2020 to $336K in 2022. Individual grants have ranged from $1K to $56K, with an average award of $18K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in New Jersey, Pennsylvania, New York, which account for 66% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$11K
Median Grant
$12K
Average Grant
$18K
Largest Grant
$42K
Based on 7 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.
Mmd Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in NJ, PA, NY.
Mmd Foundation Inc. has distributed a total of $621K across 35 grants. The median grant size is $12K, with an average of $18K. Individual grants have ranged from $1K to $56K.
Mmd Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is VARIES FROM YEAR TO YEAR. Limited to new jersey residents seeking scholarships in medical and related feilds.
Mmd Foundation Inc. is headquartered in WEST ORANGE, NJ. While based in NJ, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Anthony Pantano | TREASURER | $0 | $0 | N/A |
| Paulo Guerreiro | SECRETARY | $0 | $0 | N/A |
| Kim Islami | PRESIDENT | $0 | $0 | N/A |
Total Giving
$56K
Total Assets
$878K
Fair Market Value
$938K
Net Worth
$878K
Grants Paid
$45K
Contributions
N/A
Net Investment Income
$124K
Distribution Amount
$45K
Total: $569K
Total Grants
35
Total Giving
$621K
Average Grant
$18K
Median Grant
$12K
Unique Recipients
15
Most Common Grant
$12K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Center For Great ExpectationsMEDICAL | Somerset, NJ | $56K | 2022 |
| Lions Eye Bank Of Delaware ValleyMEDICAL | Philadelphia, PA | $30K | 2022 |
| Seton Hall PrepMEDICAL | West Orange, NJ | $25K | 2022 |
| Memorial Sloan Kettering Cancer CeMEDICAL | New York, NY | $15K | 2022 |
| University Of Massachusetts LowellMEDICAL | Lowell, MA | $12K | 2022 |
| John Hopkins UniversityMEDICAL | Baltimore, MD | $10K | 2022 |
| Manhattan CollegeMEDICAL | Riverdale, NY | $10K | 2022 |
| St John'S UniversityMEDICAL | Queens, NY | $7K | 2022 |
| St Jude Children'S Research HospitaMEDICAL | Memphis, TN | $3K | 2022 |
| Guardians Mental HealthMEDICAL | Johnson City, NY | $1K | 2022 |
| World Gospel MissionMEDICAL | Marion, IN | $18K | 2021 |
| R-HubMEDICAL | Chester, NJ | $3K | 2021 |
| Mount Saint Dominic AcademyMEDICAL | Caldwell, NJ | $18K | 2020 |
| Beyound Type 1MEDICAL | San Carlos, CA | $12K | 2020 |
| Shriners Hospital For ChildernMEDICAL | Tampa, FL | $11K | 2020 |