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Mnm Foundation is a private trust based in WALPOLE, MA. The foundation received its IRS ruling in 2017. The principal officer is Samir A Desai. It holds total assets of $1.5M. Annual income is reported at $3.6M. 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 2017 to 2023. According to available records, Mnm Foundation has made 3 grants totaling $222K, with a median grant of $73K. Annual giving has decreased from $145K in 2022 to $77K in 2023. Individual grants have ranged from $73K to $77K, with an average award of $74K. Grant recipients are concentrated in Massachusetts. 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.
Mnm Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in MA.
Mnm Foundation has distributed a total of $222K across 3 grants. The median grant size is $73K, with an average of $74K. Individual grants have ranged from $73K to $77K.
Mnm Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mnm Foundation is headquartered in WALPOLE, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Samir Desai | Trustee | $0 | $0 | N/A |
| Nilima Desai | Trustee | $0 | $0 | N/A |
Total Giving
$83K
Total Assets
$1.4M
Fair Market Value
$1.5M
Net Worth
$1.4M
Grants Paid
$77K
Contributions
N/A
Net Investment Income
$82K
Distribution Amount
$75K
Total: $1.4M
Total Grants
3
Total Giving
$222K
Average Grant
$74K
Median Grant
$73K
Unique Recipients
1
Most Common Grant
$73K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Desai FoundationGENERAL SUPPORT | Bedford, MA | $77K | 2023 |