How much does Mg2 Foundation give?

Mg2 Foundation reported 19 grants totaling $270,108 in its FY2024 IRS filing. It funded between 2 and 19 organizations a year over FY2017 to FY2023.

What does Mg2 Foundation fund?

By grant dollars over FY2017 to FY2024, its largest causes are Health (82%), Education (9%), Arts & Culture (5%).

Who are Mg2 Foundation's largest grantees?

By total granted over FY2017 to FY2024: Fred Hutchinson Cancer Center ($330k), Fred Hutchinson Cancer Research Center ($150k), Bellevue Art Museum ($50k).

Does Mg2 Foundation fund new organizations?

In FY2023, 89% of the organizations it funded were first-time grantees.

Does Mg2 Foundation accept unsolicited applications?

Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.

Which funders back the same organizations as Mg2 Foundation?

Its strongest co-funders, measured against what their size predicts, include Seattle Foundation, Puget Sound Energy Foundation, Artsfund.

Foundation Dossiers Also receives grants: funding profile →

Washington · Private foundation

Mg2 Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$270k
Granted FY2024(still arriving): 19
Grants FY2024: 19
Organizations funded FY2023: 89%
First-time grantees FY2023

Read the full brief

Median grant, FY2024: $5,000
Largest grant, FY2024: $175,200
Organizations funded a year: 2 to 19; FY2017 to FY2023
States reached, FY2024: 5
Total assets, FY2024: $1.0M
Applications: Preselected organizations only; Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 89% of the organizations Mg2 Foundation funded were first-time grantees, receiving 90% of its grant dollars.

New vs renewed · share of each year

In FY2023, 10% of grant dollars renewed an existing relationship; $244k went to new ones.

RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

EducationHealthHuman ServicesCommunity ImprovementOther

How this is measured

First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

The numbers by year

Fiscal year	Organizations funded	To those organizations	First-time grantees
FY2024still arriving	19	$270k	47%
FY2023	19	$270k	89%
FY2022	2	$155k	100%
FY2021	3	$141k	0%
FY2020	2	$106k	0%
FY2019	3	$146k	0%
FY2018	4	$162k	25%
FY2017	5	$145k	n/a

98% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Health$1.1MEducation$128kArts & Culture$72kHousing & Shelter$31kHuman Services$10kPhilanthropy$6kCommunity Improvement$3kYouth Development$2kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

Grantee	Total granted	Years	Share of their budget
Fred Hutchinson Cancer Center	$330,200	2	0%
Fred Hutchinson Cancer Research Center	$150,000	1	0%
Bellevue Art Museum	$50,000	4	1%
Lake Washington College Foundation	$42,000	2	1%
Seattle Children's Hospital (Dba Friends of Costco Guild)	$25,000	2	0%
College Success Foundation	$25,000	2	0%
Facing Homelessness	$20,792	1	2%
Seattle Architectural Foundation	$13,500	5	3%
United Way of King County	$5,158	1	0%
Ace Mentor Program of America Inc	$5,000	1	0%

Show all 25 grantees

All grantees of Mg2 Foundation by total granted
Grantee	Total granted	Years	Share of their budget
Fred Hutchinson Cancer Center	$330,200	2	0%
Fred Hutchinson Cancer Research Center	$150,000	1	0%
Bellevue Art Museum	$50,000	4	1%
Lake Washington College Foundation	$42,000	2	1%
Seattle Children's Hospital (Dba Friends of Costco Guild)	$25,000	2	0%
College Success Foundation	$25,000	2	0%
Facing Homelessness	$20,792	1	2%
Seattle Architectural Foundation	$13,500	5	3%
United Way of King County	$5,158	1	0%
Ace Mentor Program of America Inc	$5,000	1	0%
Lupus Foundation of America Inc	$5,000	2	0%
Read Alliance Inc	$4,500	2	0%
Architects Without Borders Seattle	$3,000	2	4%
The Howard University	$2,550	2	0%
Pacific NW Center for Architecture and Design	$2,500	1	2%
University of Washington Foundation	$2,500	1	n/a
Homestreet Foundation	$1,500	1	1%
Northwest Kidney Centers	$1,250	1	0%
Wing Luke Memorial Foundation	$500	1	0%
Chinese American Citizens Alliance	$500	1	n/a
Neighborhood House INC	$500	1	0%
Ichs Foundation	$500	1	5%
National Caca Community Involvement Fund	$500	1	0%
Japanese American Citizens League - Puyallup Valley	$500	1	0%
Refugee Artisan Initative	$500	1	0%

What it could do for these grantees

Plus 9 recipients with no EIN on record ($701k), not named here.

Each grantee by its size and the share of its budget Mg2 Foundation supplied at peak.

Tap a dot to name the grantee.

How this is measured

Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 23.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Seattle FoundationWA19.6× affinity8 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Seattle Foundation · Puget Sound Energy Foundation · Artsfund · Mightycause Charitable Foundation · American Online Giving Foundation Inc · The Blackbaud Giving Fund · Vanguard Charitable Endowment Program · Morgan Stanley Global Impact Funding Trust Inc · Network for Good · National Philanthropic Trust · The Bank of America Charitable Foundation Inc · Donor Advised Charitable Giving Inc

How this is measured

Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Mg2 Foundation with peer funders

About Mg2 Foundation

How much does Mg2 Foundation give?: Mg2 Foundation reported 19 grants totaling $270,108 in its FY2024 IRS filing. It funded between 2 and 19 organizations a year over FY2017 to FY2023.
What does Mg2 Foundation fund?: By grant dollars over FY2017 to FY2024, its largest causes are Health (82%), Education (9%), Arts & Culture (5%).
Who are Mg2 Foundation's largest grantees?: By total granted over FY2017 to FY2024: Fred Hutchinson Cancer Center ($330k), Fred Hutchinson Cancer Research Center ($150k), Bellevue Art Museum ($50k).
Does Mg2 Foundation fund new organizations?: In FY2023, 89% of the organizations it funded were first-time grantees.
Does Mg2 Foundation accept unsolicited applications?: Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Mg2 Foundation?: Its strongest co-funders, measured against what their size predicts, include Seattle Foundation, Puget Sound Energy Foundation, Artsfund.
Where is Mg2 Foundation based?: Mg2 Foundation is based in WA.