MNM Foundation
Preselected recipients only
MNM Foundation is a private foundation in Walpole, Massachusetts. In tax year 2024 it gave $82,000 in 2 grants; the typical grant was $41,000 and the largest $50,000. 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$82,000
- Number of grants2
- Typical grant$41,000
- Largest grant$50,000
- Assets$1.8 million
- New grantees50%
Giving in 2024 was up from $75,000 the year before.
50% 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 | $77,000 | 1 | $1.5 million |
| 2023 | $75,000 | 1 | $1.5 million |
| 2024 | $82,000 | 2 | $1.8 million |
How to apply
MNM 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 MNM Foundation funds
Where it gives
All of its grants went to recipients in Massachusetts.
| State | Grants | Amount |
|---|---|---|
| Massachusetts | 2 | $82,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Friends of Lincoln Council on Aging | General support | $50,000 |
| Desai Foundation | General support | $32,000 |
Officers and trustees
- Samir Desai
- Nilima Desai
Questions people ask
Does MNM Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does MNM Foundation give?
$82,000 in tax year 2024, across 2 grants, with a typical grant of $41,000.
Who runs MNM Foundation?
Its 2024 filing lists Samir Desai (Trustee) and Nilima Desai (Trustee).
What does MNM Foundation fund?
Based on its grants, mainly seniors.