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Munger Family Foundation Inc. is a private corporation based in ALPHARETTA, GA. The foundation received its IRS ruling in 2023. It holds total assets of $1.1M. Annual income is reported at $164K. Total assets have grown from $100K in 2022 to $993K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of science & technology. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2023. According to available records, Munger Family Foundation Inc. has made 2 grants totaling $6K, with a median grant of $3K. Individual grants have ranged from $2K to $4K, with an average award of $3K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Georgia. 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.
Munger Family Foundation Inc. primarily funds organizations in the area of science & technology. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in GA.
Munger Family Foundation Inc. has distributed a total of $6K across 2 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $2K to $4K.
Munger Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Munger Family Foundation Inc. is headquartered in ALPHARETTA, GA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stefanie Munger | Director | $0 | $0 | N/A |
| Matthew Simoneau | Secretary | $0 | $0 | N/A |
| Michael Munger | President | $0 | $0 | N/A |
Total Giving
$6K
Total Assets
$993K
Fair Market Value
$993K
Net Worth
$993K
Grants Paid
$6K
Contributions
$877K
Net Investment Income
$22K
Distribution Amount
$28K
Total Grants
2
Total Giving
$6K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
2
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Baptist Church WoodstockStudent scholarships and support of educational staff | Woodstock, GA | $4K | 2023 |
| Living Science Home Studies IncStudent scholarships and support of educational staff | Woodstock, GA | $2K | 2023 |