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Filing year 2024

THE MHE FOUNDATION INC

Edgewater, Maryland·EIN 16-1643939·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$184k
Total assets
$21.9M
Total expenses
$1.1M
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. THE MHE FOUNDATION INC reported 2 unpaid officers and board members on its 990-PF.

President and Treasurer
Vice President and Secretary

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1.1M

Itemized grants

20

Median grant

$48k

RecipientLocationPurposeAmount
HISTORIC ANNAPOLISANNAPOLIS, MDUNRESTRICTED$193k
ANNE ARUNDEL MEDICAL CENTERANNAPOLIS, MDUNRESTRICTED$102k
CHESAPEAKE CONSERVANCYANNAPOLIS, MDEDUCATION & CONSERVATION$102k
WATERSHED STEWARDSCOLLEGE PARK, MDUNRESTRICTED$102k
ARCHBISIHOP SPALDING HIGH SCHOOLSEVERN, MDEDUCATION$51k
CHESAPEAKE ARTS CENTERBROOKLYN PARK, MDUNRESTRICTED$51k
MARYLAND HALLANNAPOLIS, MDUNRESTRICTED$51k
THE LIGHT HOUSEANNAPOLIS, MDUNRESTRICTED$51k
MOUNT SAINT JOSEPHBALTIMORE, MDEDUCATION$50k
RESILIENCE AUTHORITY OF AA COUNTYANNAPOLIS, MDUNRESTRICTED$50k
THE TALENT MACHINE COMPANY INCDAVIDSONVILLE, MDUNRESTRICTED$45k
ARTS COUNCIL OF ANNE ARUNDEL COUNTYANNAPOLIS, MDUNRESTRICTED$44k
AAC LIBRARY FOUNDATIONANNAPOLIS, MDEDUCATION$40k
ESPERANZA EN ESCANTETUCSON, AZUNRESTRICTED$40k
CHESAPEAKE BAY FOUNDATIONANNAPOLIS, MDNATURE CONSERVATION$20k
CHILDREN'S TUMOR FOUNDATIONNEW YORK, NYUNRESTRICTED$20k
MARYLAND FEDERATION OF ARTANNAPOLIS, MDUNRESTRICTED$20k
CHESAPEAKE BAY TRUSTANNAPOLIS, MDNATURE CONSERVATION$10k
CHILDREN'S THEATER OF ANNAPOLISANNAPOLIS, MDUNRESTRICTED$10k
SIGNATURE THEATERARLINGTON, VAUNRESTRICTED$10k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE MHE FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.3M
$1.2M
2023
$184k
$1.1M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Maryland

THE MHE FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Maryland earns a median of $40,778.

25th percentile
$12k
Median
$40,778
75th percentile
$115k
90th percentile
$207k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 389 organizations across 389 filings (2021 – 2024).

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

Common questions about THE MHE FOUNDATION INC

What are THE MHE FOUNDATION INC's revenue and expenses?

In 2024, THE MHE FOUNDATION INC reported $184k in total revenue and $1.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.