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Washington · Nonprofit

MG2 FOUNDATION

MG2 FOUNDATION (Washington) receives grants from 1 organization whose IRS filings report $10,500 to it, the largest being LUI FOUNDATION ($10,500). 1 of them have funded it in more than one year.

Revenue FY2024
$365k
Funders on record
1
Grants received
$11k
Net assets
$1.0M
1/1 repeat funders
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($220k) Expenses 100 ($194k) Net assets 100 ($76k)2018 Revenue 102 ($224k) Expenses 108 ($210k) Net assets 118 ($89k)2019 Revenue 110 ($242k) Expenses 109 ($212k) Net assets 159 ($120k)2020 Revenue 507 ($1.1M) Expenses 55 ($106k) Net assets 1493 ($1.1M)2021 Revenue 59 ($129k) Expenses 73 ($141k) Net assets 1477 ($1.1M)2022 Revenue 117 ($258k) Expenses 124 ($241k) Net assets 1499 ($1.1M)2023 Revenue 135 ($296k) Expenses 202 ($392k) Net assets 1372 ($1.0M)2024 Revenue 166 ($365k) Expenses 196 ($380k) Net assets 1351 ($1.0M)
'17'18'19'20'21'22'23'24
Revenue (166)Expenses (196)Net assets (1351)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $120k to $1.1M (+840%).

$76k
$89k
$120k
$1.1M
$1.1M
$1.1M
$1.0M
$1.0M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Jerry Lee

Executive director

Board chair

Mitchell Smith

Chair

As listed on its FY2024 Form 990-PF.

'17'18'19'20'21'22'23'24
Listed22224444
Joined·····+0+0+0
No longer listed·····000
02Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
'25*
total
funders
1
1

From the IRS filings of MG2 FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

MG2 FOUNDATION draws 100% of its grant income from funders outside Washington, across 1 state in all.

CA

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Against its field

MG2 FOUNDATION has grown faster than half of the 7,117 philanthropy nonprofits its size.

Months of reserve1.3mo · bottom quartile
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 7,117 philanthropy nonprofits $100k–$1M, FY2024

Organizations like MG2 FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for MG2 FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MG2 FOUNDATION?
MG2 FOUNDATION (Washington) receives grants from 1 organization whose IRS filings report $10,500 to it, the largest being LUI FOUNDATION ($10,500). 1 of them have funded it in more than one year.
How many funders does MG2 FOUNDATION have?
IRS filings report 1 organization giving $10,500 in grants to MG2 FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of MG2 FOUNDATION?
LUI FOUNDATION is the largest funder on record, with $10,500 in grants. The full list of funders is on this page.
How can an organization like MG2 FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing