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Mps Charitable Foundation is a private corporation based in KIRKLAND, WA. The foundation received its IRS ruling in 2022. The principal officer is % Monolithic Power Systems In. It holds total assets of $40.8M. Annual income is reported at $24.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mps Charitable Foundation has made 28 grants totaling $1.3M, with a median grant of $28K. Annual giving has grown from $50K in 2021 to $545K in 2023. Grantmaking activity was highest in 2022 with $692K distributed across 14 grants. Individual grants have ranged from $1K to $164K, with an average award of $46K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in Washington, New York, California, which account for 93% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Mps Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in WA, NY, CA.
Mps Charitable Foundation has distributed a total of $1.3M across 28 grants. The median grant size is $28K, with an average of $46K. Individual grants have ranged from $1K to $164K.
Mps Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mps Charitable Foundation is headquartered in KIRKLAND, WA. While based in WA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bernie Blegen | DIRECTOR | $0 | $0 | $0 |
| Michael Hsing | DIRECTOR | $0 | $0 | $0 |
| Saria Tseng | DIRECTOR | $0 | $0 | $0 |
Total Giving
$545K
Total Assets
$16.8M
Fair Market Value
$16.8M
Net Worth
$16.8M
Grants Paid
$545K
Contributions
$10.8M
Net Investment Income
$144K
Distribution Amount
$321K
Total Grants
28
Total Giving
$1.3M
Average Grant
$46K
Median Grant
$28K
Unique Recipients
19
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chiao Tung University Alumni Foundation In AmericaGENERAL SUPPORT | New York City, NY | $164K | 2023 |
| Virginia Mason Franciscan HealthGENERAL SUPPORT | Tacoma, WA | $150K | 2023 |
| Healthier Kids FoundationGENERAL SUPPORT | San Jose, CA | $45K | 2023 |
| Seattle Symphony FoundationGENERAL SUPPORT | Seattle, WA | $45K | 2023 |
| Virginia MasonGENERAL SUPPORT | Seattle, WA | $30K | 2023 |
| University Of FloridaGENERAL SUPPORT | Gainesville, FL | $25K | 2023 |
| Benaroya Research InstituteGENERAL SUPPORT | Seattle, WA | $20K | 2023 |
| Second Harvest Of Silicon ValleyGENERAL SUPPORT | San Jose, CA | $20K | 2023 |
| Give2asiaGENERAL SUPPORT | Oakland, CA | $10K | 2023 |
| ForterraGENERAL SUPPORT | Seattle, WA | $10K | 2023 |
| Cal PolyGENERAL SUPPORT | San Luis Obispo, CA | $10K | 2023 |
| National Forest FoundationGENERAL SUPPORT | Missoula, MT | $10K | 2023 |
| University Of Washington FsaeGENERAL SUPPORT | Seattle, WA | $7K | 2023 |
| Cornell UniversityGENERAL SUPPORT | Ithaca, NY | $80K | 2022 |
| Seattle Symphony OrchestraGENERAL SUPPORT | Seattle, WA | $30K | 2022 |
| Washington StemGENERAL SUPPORT | Seattle, WA | $20K | 2022 |
| Vision HouseGENERAL SUPPORT | Renton, WA | $5K | 2022 |
| Leigh High SchoolGENERAL SUPPORT | San Jose, CA | $1K | 2022 |
| Virginia Mason FoundationSupport the first phase of the COVID 19 research studies at Benaroya Research Institute. | Seattle, WA | $50K | 2021 |
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