Mfund Inc

Guilford, CT
Tax-exempt since May 2008
EIN: 26-1560414

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Grantmaking Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$134k (2024)

Expenses

$264k (2024)

Total Assets

$2.46M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$133,522

Expenses

$264,184

Net Income

-$130,662

Net Assets

$2,463,917

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$500	0.4%
Interest Revenue	$227	0.2%
Dividends	$71,525	53.6%
Sales of Assets	$32,485	24.3%
Other Income	$28,785	21.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$200,890	76.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,463,917
Total Liabilities	$0
Net Assets	$2,463,917

Compensation

Key Employees and Officers	Compensation	Other
Frederick M Mayer (President/Secretary)	$0	$0
Melanie Barocas Mayer (Vice President/Treasurer)	$0	$0

990-PF

Filed on Nov. 7, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$233,461

Expenses

$156,497

Net Income

$76,964

Net Assets

$2,597,547

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$200	0.1%
Interest Revenue	$967	0.4%
Dividends	$67,820	29.0%
Sales of Assets	$59,442	25.5%
Other Income	$105,032	45.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$141,233	90.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,597,547
Total Liabilities	$0
Net Assets	$2,597,547

Compensation

Key Employees and Officers	Compensation	Other
Frederick M Mayer (President/Secretary)	$0	$0
Melanie Barocas Mayer (Vice President/Treasurer)	$0	$0

990-PF

Filed on Nov. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

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XML

Fiscal Year Ending Dec.
2022

Revenue

$113,374

Expenses

$131,459

Net Income

-$18,085

Net Assets

$2,516,276

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$494	0.4%
Dividends	$38,514	34.0%
Sales of Assets	$32,338	28.5%
Other Income	$42,028	37.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$112,343	85.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,516,276
Total Liabilities	$0
Net Assets	$2,516,276

Compensation

Key Employees and Officers	Compensation	Other
Frederick M Mayer (President/Secretary)	$0	$0
Melanie Barocas Mayer (Vice President/Treasurer)	$0	$0

990-PF

Filed on Oct. 30, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2021

Revenue

-$58,592

Expenses

$143,175

Net Income

-$201,767

Net Assets

$2,559,361

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$400
Interest Revenue	$142
Dividends	$43,618
Sales of Assets	-$144,538
Other Income	$41,786

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$116,946	81.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,559,361
Total Liabilities	$0
Net Assets	$2,559,361

Compensation

Key Employees and Officers	Compensation	Other
Frederick M Mayer (President/Secretary)	$0	$0
Melanie Barocas Mayer (Vice President/Treasurer)	$0	$0

990-PF

Filed on Nov. 16, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2020

Revenue

$471,410

Expenses

$136,698

Net Income

$334,712

Net Assets

$2,969,516

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$400	0.1%
Interest Revenue	$45,890	9.7%
Dividends	$4,043	0.9%
Sales of Assets	$391,706	83.1%
Other Income	$29,371	6.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$113,732	83.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,969,517
Total Liabilities	$1
Net Assets	$2,969,516

Compensation

Key Employees and Officers	Compensation	Other
Frederick M Mayer (President/Secretary)	$0	$0
Melanie Barocas Mayer (Vice President/Treasurer)	$0	$0

990-PF

Filed on Nov. 15, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2019

Revenue

$206,470

Expenses

$127,160

Net Income

$79,310

Net Assets

$2,808,154

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$550	0.3%
Interest Revenue	$48,924	23.7%
Dividends	$5,357	2.6%
Sales of Assets	$132,490	64.2%
Other Income	$19,149	9.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$101,010	79.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,808,155
Total Liabilities	$1
Net Assets	$2,808,154

Compensation

Key Employees and Officers	Compensation	Other
Frederick M Mayer (President/Secretary)	$0	$0
Melanie Barocas Mayer (Vice President/Treasurer)	$0	$0

990-PF

Filed on Nov. 13, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2018

Revenue

$762,688

Expenses

$137,632

Net Income

$625,056

Net Assets

$2,819,269

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$737,605	96.7%
Interest Revenue	$7,739	1.0%
Dividends	$3,107	0.4%
Sales of Assets	-$60,186
Other Income	$74,423	9.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$114,261	83.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,819,569
Total Liabilities	$300
Net Assets	$2,819,269

Compensation

Key Employees and Officers	Compensation	Other
Frederick M Mayer (President/Secretary)	$0	$0
Melanie Barocas Mayer (Vice President/Treasurer)	$0	$0

990-PF

Filed on Nov. 14, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2017

Revenue

$36,791

Expenses

$128,313

Net Income

-$91,522

Net Assets

$1,926,039

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$550	1.5%
Interest Revenue	$3,447	9.4%
Dividends	$1,923	5.2%
Sales of Assets	-$222
Other Income	$31,093	84.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$118,140	92.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,926,039
Total Liabilities	$0
Net Assets	$1,926,039

Compensation

Key Employees and Officers	Compensation	Other
Frederick M Mayer (President/Secretary)	$0	$0
Melanie Barocas Mayer (Vice President/Treasurer)	$0	$0

990-PF

Filed on Nov. 5, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2016

Revenue

-$58,758

Expenses

$154,625

Net Income

-$213,383

Net Assets

$2,027,498

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$500
Interest Revenue	$5,808
Dividends	$4,255
Sales of Assets	$58,118
Other Income	-$127,439

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$126,762	82.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,027,498
Total Liabilities	$0
Net Assets	$2,027,498

Compensation

Key Employees and Officers	Compensation	Other
Frederick M Mayer (President/Secretary)	$0	$0
Melanie Barocas Mayer (Vice President/Treasurer)	$0	$0

990-PF

Filed on Nov. 15, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2015

Revenue

$462,574

Expenses

$146,909

Net Income

$315,665

Net Assets

$2,240,881

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$14,900	3.2%
Interest Revenue	$2,831	0.6%
Dividends	$5,874	1.3%
Sales of Assets	$9,548	2.1%
Other Income	$429,421	92.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$128,743	87.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,240,881
Total Liabilities	$0
Net Assets	$2,240,881

Compensation

Key Employees and Officers	Compensation	Other
Frederick M Mayer (President/Secretary)	$0	$0
Melanie Barocas Mayer (Vice President/Treasurer)	$0	$0

990-PF

Filed on Nov. 15, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2014

Revenue

$312,724

Expenses

$140,482

Net Income

$172,242

Net Assets

$1,925,216

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$28,350	9.1%
Interest Revenue	$3,398	1.1%
Dividends	$4,726	1.5%
Sales of Assets	$195,751	62.6%
Other Income	$80,499	25.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$118,806	84.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,925,216
Total Liabilities	$0
Net Assets	$1,925,216

Compensation

Key Employees and Officers	Compensation	Other
Frederick M Mayer (President/Secretary)	$0	$0
Melanie Barocas Mayer (Vice President/Treasurer)	$0	$0

990-PF

Filed on Nov. 16, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2013

Revenue

$101,234

Expenses

$130,344

Net Income

-$29,110

Net Assets

$1,747,974

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$13,300	13.1%
Interest Revenue	$4,325	4.3%
Dividends	$11,907	11.8%
Sales of Assets	-$66,262
Other Income	$137,964	> 100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$106,072	81.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,747,974
Total Liabilities	$0
Net Assets	$1,747,974

Compensation

Key Employees and Officers	Compensation	Other
Frederick M Mayer (President/Secretary)	$0	$0
Melanie Barocas Mayer (Vice President/Treasurer)	$0	$0

990-PF

Filed on Nov. 12, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending Dec.
2012

Revenue

-$7,166

Expenses

$113,656

Net Income

-$120,822

Net Assets

$1,774,091

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$4,582
Dividends	$6,532
Sales of Assets	$11,904
Other Income	-$30,184

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$89,225	78.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,774,092
Total Liabilities	$1
Net Assets	$1,774,091

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2011

Revenue

$52,500

Expenses

$156,195

Net Income

-$103,695

Net Assets

$1,894,913

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$8,002	15.2%
Dividends	$4,433	8.4%
Sales of Assets	$22,493	42.8%
Other Income	$17,572	33.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$106,894	68.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,894,914
Total Liabilities	$1
Net Assets	$1,894,913

990-PF

Primary tax return for a private foundation's activities, finances, and governance

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Mfund Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $134k (2024)

Expenses $264k (2024)

Total Assets $2.46M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$134k (2024)

Expenses

$264k (2024)

Total Assets

$2.46M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007