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Filing year 2023

THE MHG FOUNDATION INC

Old Greenwich, Connecticut·EIN 20-1993159·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$216k
Total assets
$3.7M
Total expenses
$232k
Reported officers
2

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Connecticut.

Co-president
Board President
25th percentile to median
$11k
$13k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE MHG FOUNDATION INC equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
5%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$187k

Itemized grants

17

Median grant

$1k

RecipientLocationPurposeAmount
BOSTON COLLEGECHESTNUT HILL, MAGOLDBERG GRADUATE NURSING FELLOWSHIP$62k
BOSTON CHILDREN'S HOSPITAL TRUSTBOSTON, MAPEDIATRIC DIAGNOSTIC PROGRAM (PCP)$60k
FCA (FAMILY & CHILDREN'S AGENCY)NORWALK, CTFOSTER CARE PROGRAM$28k
GREENWICH COUNTRY DAY SCHOOLGREENWICH, CTANNUAL FUND - 2023/24 SCHOOL YEAR$27k
SOUNDWATERSSTAMFORD, CTHARBOR CENTER CAMPAIGN$2k
IMPACT FAIRFIELDGREENWICH, CTCOLLECTIVE GIVING TO LOCAL NON-PROFITS.$1k
ABILISGREENWICH, CTANNUAL FUND$1k
COFFEE FOR GOOD - CAFGREENWICH, CTANNUAL FUND$1k
REACH PREPSTAMFORD, CTANNUAL FUND$1k
GREENWICH POINT CONSERVANCYOLD GREENWICH, CTANNUAL FUND$1k
PACS1 FOUNDATIONOLD GREENWICH, CTRESEARCH$1k
SCHOOL FOR FIELD STUDIESBEVERLY, MAANNUAL FUND$500
SEA EDUCATION ASSOCIATIONWOODS HOLE, MAANNUAL FUND$500
NEW CANAAN COUNTRY SCHOOLNEW CANAAN, CTANNUAL FUND$500
LEARNING SPRING SCHOOL FOR AUTISMNEW YORK, NYANNUAL FUND$500
MA GENERAL HEALING CENTERBOSTON, MAHEALEY CENTER FOR ALS$500
NORTH CAROLINA OUTWARD BOUND SCHOOLCHARLOTTE, NCANNUAL FUND$100
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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE MHG FOUNDATION INC

What does the Board President of THE MHG FOUNDATION INC earn?

In 2023, the Board President of THE MHG FOUNDATION INC received $11,370 in total compensation. This pay is below the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Connecticut, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board President pay at THE MHG FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Connecticut, the 2023 pay of the Board President at THE MHG FOUNDATION INC falls between the 25th percentile and the median. In 2023, the highest total compensation at THE MHG FOUNDATION INC equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

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

In 2023, THE MHG FOUNDATION INC reported $216k in total revenue and $232k 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.