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Monka Foundation is a private corporation based in CHARLESTON, SC. The foundation received its IRS ruling in 2022. The principal officer is Karen Horn. It holds total assets of $6K. Annual income is reported at $123K. Total assets have grown from N/A in 2021 to $1K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of health. 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, Monka Foundation has made 4 grants totaling $30K, with a median grant of $8K. Individual grants have ranged from $1K to $14K, with an average award of $8K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in South Carolina and California. 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.
Monka Foundation primarily funds organizations in the area of health. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in SC, CA.
Monka Foundation has distributed a total of $30K across 4 grants. The median grant size is $8K, with an average of $8K. Individual grants have ranged from $1K to $14K.
Monka Foundation typically selects its grantees rather than accepting unsolicited proposals.
Monka Foundation is headquartered in CHARLESTON, SC. While based in SC, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karen Horn | PRESIDENT | $0 | $0 | N/A |
| Thomas Horn | TREASURER | $0 | $0 | N/A |
| Jaime Gilbert | SECRETARY | $0 | $0 | N/A |
Total Giving
$106K
Total Assets
$1K
Fair Market Value
$1K
Net Worth
$1K
Grants Paid
$85K
Contributions
$90K
Net Investment Income
N/A
Distribution Amount
$951
Total Grants
4
Total Giving
$30K
Average Grant
$8K
Median Grant
$8K
Unique Recipients
2
Most Common Grant
$14K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Medical University Of South Carolina FoundationTHE CONTRIBUTION WAS TO THE MUSC SHAWN JENKINS CHILDREN'S HOSPITAL IN SUPPORT OF THE "INSPIRE" PEDIATRIC BRAIN TUMOR FUND. THE CONTRIBUTION HELPS MUSC PROVIDE THE BEST POSSIBLE CARE FOR YOUNG PATIENTS AND MAKE SIGNFICIANT STRIDES IN PEDIATRIC RESEARCH. | Charleston, SC | $14K | 2022 |
| Ida'S Brain Tumor FundTHE CONTRIBUTION IS TO HELP FUND THE TREATMENT AND RECOVERY OF A RARE BRAIN TUMOR IN IDA MULLAN. | San Diego, CA | $1K | 2022 |