MB Foundation
Preselected recipients only
MB Foundation is a private foundation in Chicago, Illinois. In tax year 2024 it gave $112,592 in 13 grants; the typical grant was $650 and the largest $72,325. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$112,592
- Number of grants13
- Typical grant$650
- Largest grant$72,325
- Assets$2.8 million
- New grantees77%
Giving in 2024 was up from $95,000 the year before.
77% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $95,053 | 6 | $2.0 million |
| 2023 | $95,000 | 5 | $2.6 million |
| 2024 | $112,592 | 13 | $2.8 million |
How to apply
MB Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What MB Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 9 | $108,077 |
| Arizona | 2 | $3,015 |
| New York | 2 | $1,500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish United Fund | General support | $72,325 |
| Paws | General support | $27,198 |
| St Chysostom's Episcopal Church | General support | $5,000 |
| The Phoenix Zoo | General support | $2,500 |
| Temple Sholom of Chicago | General support | $1,800 |
| Israel Policy Forum Inc | General support | $1,000 |
| Forefront | General support | $650 |
| Feeding Matters | General support | $515 |
| Matan Inc | General support | $500 |
| The Chicago Lighthouse | General support | $500 |
| Lake Shore Country Club Education Fund | General support | $350 |
| YMCA | General support | $150 |
| Cradles to Crayons | General support | $104 |
Officers and trustees
- Michael Frank
- Aaron Frank
- Marshall Eisenberg
- Allen Turner
Questions people ask
Does MB Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does MB Foundation give?
$112,592 in tax year 2024, across 13 grants, with a typical grant of $650.
Who runs MB Foundation?
Its 2024 filing lists Michael Frank (President), Aaron Frank (Vice-President), Marshall Eisenberg (Treasurer) and Allen Turner (Secretary).
What does MB Foundation fund?
Based on its grants, mainly faith communities.