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Filing year 2023

1622 MGD FOUNDATION

Philadelphia, Pennsylvania·EIN 82-3548841·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$141k
Total assets
$2.8M
Total expenses
$168k
Reported officers
1

Reported officers (all unpaid)

No paid executives reported in 2023. 1622 MGD FOUNDATION reported 1 unpaid officer or board member on its 990-PF.

President

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$166k

Itemized grants

9

Median grant

$15k

RecipientLocationPurposeAmount
JEWISH FEDERATION OF GREATER PHILADELPHIAPHILADELPHIA, PAUNRESTRICTED$45k
JUDICIAL WATCH INCWASHINGTON, DCUNRESTRICTED$35k
WOUNDED WARRIOR PROJECT INCJACKSONVILLE, FLUNRESTRICTED$35k
STEPHEN SILLER TUNNEL TO TOWERSSTATEN ISLAND, NYUNRESTRICTED$15k
ST JUDES CHILDRENS RESEARCH HOSPITAL INCMEMPHIS, TNUNRESTRICTED$15k
ASIAN PACIFIC CHILDRENS FUNDDURANGO, COUNRESTRICTED$8k
MEMORIAL SLOAN-KETTERING CANCER CENTERNEW YORK, NYUNRESTRICTED$5k
PUBLIC JUSTICE FOUNDATIONWASHINGTON, DCUNRESTRICTED$5k
CONGREGATION AGUDATH SHOLOMSTANFORD, CTUNRESTRICTED$3k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Pennsylvania

1622 MGD FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Pennsylvania earns a median of $8,508.

25th percentile
$3k
Median
$8,508
75th percentile
$28k
90th percentile
$76k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 4,068 organizations across 4,068 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Pennsylvania
FAQ

Common questions about 1622 MGD FOUNDATION

What are 1622 MGD FOUNDATION's revenue and expenses?

In 2023, 1622 MGD FOUNDATION reported $141k in total revenue and $168k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.