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Morton & Sophia Macht Foundation Inc. is a private corporation based in BALTIMORE, MD. The foundation received its IRS ruling in 1956. It holds total assets of $1M. Annual income is reported at $469K. The foundation is governed by 7 officers and trustees. The foundation provides contributions and grants to other tax-exempt organizations who are involved in direct charitable activities - see part i. Tax records are available from 2021 to 2024. Grantmaking is concentrated in Maryland. According to available records, Morton & Sophia Macht Foundation Inc. has made 81 grants totaling $1.2M, with a median grant of $500. Annual giving has grown from $105K in 2021 to $968K in 2023. Individual grants have ranged from $100 to $303K, with an average award of $15K. The foundation has supported 33 unique organizations. Grants have been distributed to organizations in Maryland and New York and District of Columbia. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$300
Average Grant
$6K
Largest Grant
$35K
Based on 17 grants from the most recent 990-PF filing.
The foundation provides contributions and grants to other tax-exempt organizations who are involved in direct charitable activities - see part i
Expenses: $86K
The foundation's 100% owned community program centers, llc works in connection with the y of central maryland to provide opportunities for adults, teens, and children through after school tutoring and other educational activities.
Expenses: $66K
The foundation provides contributions and grants to other tax-exempt organizations who are involved in direct charitable activities - see part i. Based on available records, the foundation has funded 81 grants. Its grantmaking reaches organizations primarily in MD, NY, DC.
Morton & Sophia Macht Foundation Inc. has distributed a total of $1.2M across 81 grants. The median grant size is $500, with an average of $15K. Individual grants have ranged from $100 to $303K.
The application deadline is NO DEADLINES EXIST - APPLICATIONS ARE REVIEWED AS RECEIVED.. Applications are limited to corporations that qualify under sect. 501(c)(3).
Morton & Sophia Macht Foundation Inc. is headquartered in BALTIMORE, MD. While based in MD, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter Grose | V.P. - ASST. SECRETARY/TTEE | $0 | $0 | N/A |
| George R Grose | V.P. - ASST. SECRETARY/TTEE | $0 | $0 | N/A |
| Susan Campion | V.P. - ASST. SECRETARY/TREASURER/TTEE | $0 | $0 | N/A |
| Katherine Kelly Howard | V.P. - SECRETARY/TTEE | $0 | $0 | N/A |
| Jill Gansler | V.P. - TTEE | $0 | $0 | N/A |
| Amy Macht | PRES - TTEE | $0 | $0 | N/A |
| Robert W Mastropieri | V.P. - ASST. SECRETARY/TTEE | $0 | $0 | N/A |
Total Giving
$425K
Total Assets
$1.3M
Fair Market Value
$1.9M
Net Worth
$1.3M
Grants Paid
$376K
Contributions
$426K
Net Investment Income
$46K
Distribution Amount
$82K
Total: $374K
Total Grants
81
Total Giving
$1.2M
Average Grant
$15K
Median Grant
$500
Unique Recipients
33
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Arts For Learning Maryland (Funded Through Community Program Centers Llc)YOUTH | Baltimore, MD | $303K | 2023 |
| Community Assistance NetworkCHARITABLE | Baltimore, MD | $107K | 2023 |
| University Of Maryland Foundation - Shriver PeaceworksEDUCATION | Baltimore, MD | $33K | 2023 |
| Ymca Of Central MarylandEDUCATION | Baltimore, MD | $25K | 2023 |
| Northwood Baseball League Inc - Travel SpartansYOUTH | Baltimore, MD | $5K | 2023 |
| University Of Maryland Foundation - Shriver Peaceworks - Summer CampEDUCATION | Baltimore, MD | $5K | 2023 |
| Moravia Park Elementary SchoolYOUTH | Baltimore, MD | $2K | 2023 |
| Naacp Empowerment Programs IncCHARITABLE | Baltimore, MD | $500 | 2023 |
| Preservation MarylandCHARITABLE | Baltimore, MD | $500 | 2023 |
| Chesapeake Bay FoundationADVOCACY/CIVIC | Annapolis, MD | $500 | 2023 |
| Legal MomentumADVOCACY/CIVIC | New York, NY | $500 | 2023 |
| Franciscan CenterCHARITABLE | Baltimore, MD | $300 | 2023 |
| Greater Baltimore Cultural AllianceCHARITABLE | Baltimore, MD | $250 | 2023 |
| Towson Elks Charity FundCHARITABLE | Towson, MD | $250 | 2023 |
| Pride Of MarylandCHARITABLE | Baltimore, MD | $250 | 2023 |
| Santa Claus AnonymousCHARITABLE | Baltimore, MD | $250 | 2023 |
| Special Olympics Of MarylandCHARITABLE | Baltimore, MD | $250 | 2023 |
| Talitha Cumi Safe HavenCHARITABLE | Baltimore, MD | $250 | 2023 |
| Bright Focus - Alzheimer'S Disease ResearchMEDICAL | Clarksburg, MD | $150 | 2023 |
| SiecusADVOCACY/CIVIC | Washington, DC | $100 | 2023 |
| Ymca Goodnow (Funded Through Community Program Centers Llc)YOUTH | Baltimore, MD | $36K | 2022 |
| Ymca College (Funded Through Community Program Centers Llc)YOUTH | Baltimore, MD | $31K | 2022 |
| St Anthony Of PaduaCHARITABLE | Baltimore, MD | $10K | 2022 |
| International Rescue Committee - BaltimoreCHARITABLE | Baltimore, MD | $10K | 2022 |
| New Creation Christian ChurchCHARITABLE | Baltimore, MD | $9K | 2022 |
| Helping Up MissionCHARITABLE | Baltimore, MD | $1K | 2022 |