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Mvsb Family Foundation Inc. is a private corporation based in MIAMI BEACH, FL. The foundation received its IRS ruling in 2020. The principal officer is Eric Borukhin. It holds total assets of $1.2M. Annual income is reported at $305K. Total assets have grown from $264K in 2019 to $1.2M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of human services. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Mvsb Family Foundation Inc. has made 3 grants totaling $73K, with a median grant of $35K. Annual giving has grown from $3K in 2021 to $70K in 2022. Individual grants have ranged from $3K to $35K, with an average award of $24K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in New Jersey and New York. 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.
Mvsb Family Foundation Inc. primarily funds organizations in the area of human services. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NJ, NY.
Mvsb Family Foundation Inc. has distributed a total of $73K across 3 grants. The median grant size is $35K, with an average of $24K. Individual grants have ranged from $3K to $35K.
Mvsb Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Mvsb Family Foundation Inc. is headquartered in MIAMI BEACH, FL. While based in FL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eric Borukhin | President | $0 | $0 | N/A |
| Mira Borukhin | Secretary | $0 | $0 | N/A |
| Steven Borukhin | Treasurer | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.2M
Fair Market Value
N/A
Net Worth
$1.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
3
Total Giving
$73K
Average Grant
$24K
Median Grant
$35K
Unique Recipients
2
Most Common Grant
$35K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Tikva Children'S HomeASSISTANCE TO INDIGENTS | West Caldwell, NJ | $35K | 2022 |
| Yeshiva NovominskEDUCATIONAL | Brooklyn, NY | $3K | 2021 |