M & J Foundation Inc
Preselected recipients only
M & J Foundation Inc is a private foundation in Raleigh, North Carolina. In tax year 2024 it gave $395,750 in 38 grants; the typical grant was $2,500 and the largest $130,000. 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$395,750
- Number of grants38
- Typical grant$2,500
- Largest grant$130,000
- Assets$7.9 million
- New grantees3%
Giving in 2024 was up from $375,000 the year before.
3% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $375,000 | 40 | $7.5 million |
| 2024 | $395,750 | 38 | $7.9 million |
How to apply
M & J Foundation Inc 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 M & J Foundation Inc funds
Where it gives
Its grants went to recipients in 5 states, the most to North Carolina.
| State | Grants | Amount |
|---|---|---|
| North Carolina | 34 | $258,250 |
| Colorado | 1 | $130,000 |
| Missouri | 1 | $5,000 |
| Maine | 1 | $1,250 |
| Tennessee | 1 | $1,250 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | To support the mission of the organization | $130,000 |
| North Carolina Study Center | To support the mission of the organization | $50,000 |
| Individual | To support the mission of the organization | $50,000 |
| NC State Study Center | To support the mission of the organization | $50,000 |
| Duke Eye Center | To support the mission of the organization | $16,250 |
| Lees McRae College | To support the mission of the organization | $11,250 |
| Boys Girls Club of Wayne County | To support the mission of the organization | $10,000 |
| Crusades for Christ | To support the mission of the organization | $5,000 |
| 3HC | To support the mission of the organization | $5,000 |
| Boys Scouts of America Tuscarora Co | To support the mission of the organization | $5,000 |
| Fellowship of Christian Athletes | To support the mission of the organization | $5,000 |
| Justice Matters Inc | To support the mission of the organization | $5,000 |
| St Davids School | To support the mission of the organization | $5,000 |
| Wayne Country Day School | To support the mission of the organization | $5,000 |
| Individual | To support the mission of the organization | $5,000 |
| Childrens Hope Alliance | To support the mission of the organization | $2,500 |
| Flynn Christian Fellowship House of | To support the mission of the organization | $2,500 |
| Independent College Fund of NC | To support the mission of the organization | $2,500 |
| University of Mount Olive | To support the mission of the organization | $2,500 |
| Wayne Pregnancy Care Center | To support the mission of the organization | $2,500 |
| The Salvation Army | To support the mission of the organization | $2,500 |
| The Foundation of Wayne Community C | To support the mission of the organization | $2,000 |
| United Wayne of Wayne County | To support the mission of the organization | $2,000 |
| Watch | To support the mission of the organization | $1,500 |
| United Church Ministries of Wayne C | To support the mission of the organization | $1,500 |
| Duke Cancer Center | To support the mission of the organization | $1,250 |
| The McCallie School | To support the mission of the organization | $1,250 |
| Bowdoin College | To support the mission of the organization | $1,250 |
| Individual | To support the mission of the organization | $1,250 |
| House of Fordham | To support the mission of the organization | $1,250 |
| Montreat College | To support the mission of the organization | $1,250 |
| Paramount Theatre Foundation | To support the mission of the organization | $1,250 |
| Wayne County Public Library Foundat | To support the mission of the organization | $1,250 |
| Arts Council of Wayne County | To support the mission of the organization | $1,250 |
| Goldsboro YMCA | To support the mission of the organization | $1,250 |
| Community Crisis Center | To support the mission of the organization | $1,250 |
| Individual | To support the mission of the organization | $1,250 |
| Individual | To support the mission of the organization | $1,250 |
Officers and trustees
- MARCELLUS J BEST Jr
- Frank S Best
Questions people ask
Does M & J Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does M & J Foundation Inc give?
$395,750 in tax year 2024, across 38 grants, with a typical grant of $2,500.
Who runs M & J Foundation Inc?
Its 2024 filing lists MARCELLUS J BEST Jr (President) and Frank S Best (Director).
What does M & J Foundation Inc fund?
Based on its grants, mainly faith communities, education and youth programs.