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Filing year 2023

THE MG FAMILY FOUNDATION INC

Brooklyn, New York·EIN 87-4079392·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$10k
Total assets
$0
Total expenses
$56k
Reported officers
3

Reported officers (all unpaid)

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

President
Treasurer
Vice President

Grants paid

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

Total granted

$48k

Itemized grants

9

Median grant

$1k

RecipientLocationPurposeAmount
FRIENDS OF DARCHEI HILLEL INCBROOKLYN, NYTO FURTHER ITS 501 (C) STATUS$37k
EZRAT ISRAELBROOKLYN, NYTO FURTHER ITS 501(C)(3) STATUS$6k
HATZALAH EMS OF THE JERSEY SHOREELBERON, NJTO FURTHER ITS 501(C)(3) STATUS$3k
CONGREGATION KOLLEL HECHAL HATORAHPASSAIC, NJTO FURTHER ITS 501(C)(3) STATUS$2k
NETIVEI OHR YAAKOV INCLAKEWOOD, NJTO FURTHER ITS 501(C)(3) STATUS$1k
OHR MENACHEMBROOKLYN, NYTO FURTHER ITS 501(C)(3) STATUS$1k
SEPHARDIC BIKUR HOLIMBROOKLYN, NYTO FURTHER ITS 501(C)(3) STATUS$1k
OR DAVIDCEDARHURST, NYTO FURTHER ITS 501(C)(3) STATUS$1k
MISHKAN TORAHBROOKLYN, NYTO FURTHER ITS 501(C)(3) STATUS-$4k

This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New York

THE MG FAMILY FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New York earns a median of $20,079.

25th percentile
$6k
Median
$20,079
75th percentile
$88k
90th percentile
$228k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 2,519 organizations across 2,519 filings (2020 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New York
FAQ

Common questions about THE MG FAMILY FOUNDATION INC

What are THE MG FAMILY FOUNDATION INC's revenue and expenses?

In 2023, THE MG FAMILY FOUNDATION INC reported $10k in total revenue and $56k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.