The MBM Foundation
Preselected recipients only
The MBM Foundation is a private foundation in Memphis, Tennessee. In tax year 2024 it gave $66,000 in 7 grants; the typical grant was $5,000 and the largest $34,000. 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$66,000
- Number of grants7
- Typical grant$5,000
- Largest grant$34,000
- Assets$879,940
- New grantees86%
Giving in 2024 was down from $299,500 the year before.
86% 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 |
|---|---|---|---|
| 2023 | $299,500 | 11 | $905,140 |
| 2024 | $66,000 | 7 | $879,940 |
How to apply
The MBM 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 The MBM Foundation funds
Where it gives
Its grants went to recipients in 3 states, the most to Tennessee.
| State | Grants | Amount |
|---|---|---|
| Tennessee | 5 | $60,000 |
| Mississippi | 1 | $5,000 |
| Michigan | 1 | $1,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Ed Murphey Classic | Program Services | $34,000 |
| Metropolitan Inter-Faith Association | Program Services | $10,000 |
| Church Health | Program Services | $10,000 |
| Chickasaw Council | Program Services | $5,000 |
| Palmer Home for Children | Program Services | $5,000 |
| ArtsMemphis | Program Services | $1,000 |
| Bamf Health | Program Services | $1,000 |
Officers and trustees
- McNeal McDonnell
- L Pamela McDonnell
Questions people ask
Does The MBM Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The MBM Foundation give?
$66,000 in tax year 2024, across 7 grants, with a typical grant of $5,000.
Who runs The MBM Foundation?
Its 2024 filing lists McNeal McDonnell (Trustee/Distr Comm) and L Pamela McDonnell (Distribution Committ).
What does The MBM Foundation fund?
Based on its grants, mainly faith communities and health.