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Filing year 2023

THE MFG FOUNDATION CO

Ashtabula, Ohio·EIN 34-1787987·NTEE T22Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$252k
Total assets
$4.8M
Total expenses
$165k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2023. THE MFG FOUNDATION CO reported 3 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee & President

Grants paid

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

Total granted

$124k

Itemized grants

7

Median grant

$15k

RecipientLocationPurposeAmount
SAYBROOK TOWNSHIPASHTABULA, OHTO SUPPORT THE TOWNSHIP'S PURCHASE OF A WATER RESCUE BOAT.$30k
HEALTHNETWORK FOUNDATIONCHAGRIN FALLS, OHTO SUPPORT THE ORGANIZATION'S MISSION OF CONNECTING CEOS AND BUSINESS LEADERS WITH TOP HOSPITALS AND DOCTORS TO PROVIDE FAST ACCESS TO WORLD-CLASS CARE AND INCREASING PHILANTHROPIC FUNDING FOR MEDICAL RESEARCH.$25k
ASHTABULA COUNTY DAYCARE CENTERASHTABULA, OHTO SUPPORT THE DAYCARE CENTER'S MISSION OF PROVIDING SAFE, NURTURING, HIGH QUALITY CHILD CARE FOR THE CHILDREN OF ASHTABULA COUNTY BY PROVIDING FUNDING TOWARDS THE RENOVATION OF A PLAYGROUND.$25k
AFTER SCHOOL DISCOVERYASHTABULA, OHTO SUPPORT THE ORGANIZATION'S MISSION OF SUPPORTING CHILDREN AND THEIR FAMILIES IN BECOMING LIFE LONG LEARNERS, PROMOTING ENRICHMENT OPPORTUNITIES, AND PROVIDING LEARNING INITIATIVES THAT STIMULATE YOUND MINDS.$15k
CITY OF MORGANTON DEPARTMENT OF PUBLIC SAFETYMORGANTON, NCTO PROVIDE PERSONAL PROTECTIVE EQUIPMENT FOR THE CITY'S FIREFIGHTERS.$11k
FELLOWSHIP OF CHRISTIAN ATHLETESKANSAS CITY, MOTO SUPPORT THE ORGANIZATION'S MISSION OF PROVIDING CHRISTIAN MINISTRY TO ATHLETES AND COACHES.$10k
CONNEAUT POLICE K-9 FUNDCONNEAUT, OHTO SUPPORT THE ORGANIZATION'S MISSION OF PROVIDING TWO TRAINED AND EQUIPPED K-9S TO THE CONNEAUT POLICE DEPARTMENT.$8k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE MFG FOUNDATION CO reported revenue and expenses across 2 filing years.

RevenueExpenses
$184k
$363k
2022
$252k
$165k
2023
Total revenue and total expenses from IRS Form 990 filings.

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 Ohio

THE MFG FOUNDATION CO reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Ohio earns a median of $11,462.

25th percentile
$4k
Median
$11,462
75th percentile
$39k
90th percentile
$106k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,972 organizations across 1,972 filings (2021 – 2024).

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

Common questions about THE MFG FOUNDATION CO

What are THE MFG FOUNDATION CO's revenue and expenses?

In 2023, THE MFG FOUNDATION CO reported $252k in total revenue and $165k 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.