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Modern Giving Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2023. The principal officer is Foundation Source. It holds total assets of $59K. Annual income is reported at $698K. Total assets have decreased from $433K in 2022 to $59K 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 2022 to 2024. According to available records, Modern Giving Foundation has made 19 grants totaling $762K, with a median grant of $25K. Annual giving has grown from $250K in 2022 to $512K in 2023. Individual grants have ranged from $3K to $250K, with an average award of $40K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Pennsylvania, Georgia, New York, which account for 63% of all grants. Grantmaking reaches organizations across 6 states. 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.
Modern Giving Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in PA, GA, NY.
Modern Giving Foundation has distributed a total of $762K across 19 grants. The median grant size is $25K, with an average of $40K. Individual grants have ranged from $3K to $250K.
Modern Giving Foundation typically selects its grantees rather than accepting unsolicited proposals.
Modern Giving Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mark Oppenheimer | Dir | $0 | $0 | N/A |
| Michelle Domanico Oppenheimer | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$59K
Fair Market Value
N/A
Net Worth
$59K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
19
Total Giving
$762K
Average Grant
$40K
Median Grant
$25K
Unique Recipients
10
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Children'S Tumor FoundationGeneral & Unrestricted | Philadelphia, PA | $250K | 2023 |
| Childrens Healthcare Of Atlanta FoundationNF Clinic fund | Atlanta, GA | $125K | 2023 |
| Greenhouse ScholarsGeneral & Unrestricted | Boulder, CO | $35K | 2023 |
| Futures And Options IncGeneral & Unrestricted | New York, NY | $31K | 2023 |
| Atlanta Youth Academies Foundation IncGeneral & Unrestricted | Atlanta, GA | $30K | 2023 |
| Covenant House Georgia IncGeneral & Unrestricted | Atlanta, GA | $21K | 2023 |
| Oneten Coalition IncGeneral & Unrestricted | Montclair, NJ | $13K | 2023 |
| The Kings Trust Usa IncGeneral & Unrestricted | New York, NY | $3K | 2023 |
| Princes Trust America IncGeneral & Unrestricted | New York, NY | $25K | 2022 |
| Techbridge GirlsInaugural Techbridge Girls Scholarship Fund Spring 2023 | Oakland, CA | $25K | 2022 |