Skip to content

New York · Nonprofit

MQ FOUNDATION INC

MQ FOUNDATION INC (New York) receives grants from 21 organizations whose IRS filings report $2,615,379 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($1,282,853). 6 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$3.7M
Funders on record
21
Grants received
$2.6M
Net assets
$3.2M
6/21 repeat funderspeak grant-dependency 76%
01What it does

What Mq Foundation Inc does

Mission

To promote, advance, foster and support mental health research into the nature, cause, diagnosis, treatment, cure and prevention of all forms of mental illness and to promote public awareness and support for this important research.

As stated on its FY2025 Form 990.

Program

  1. In 2025, the organization made a grant of $579,166 to mq: transforming mental health for the 1st payment on 2024 fellows grants and 1st payment on cleveland clinic fellows. Mqf has entered into a separate grant agreement (the mqf grant) with mq:transforming mental health (mqtmh). The mqf grant will fund up to four (4) fellowships in north america (I.e., united states and canada) (the fellowships) to conduct research in the area of emdr therapy as part of a program to be known as the emdria-mq foundation research fellowship program (the fellowship program)

    $870,299 spentof which $579,166 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $870,299.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 100 ($188k) Expenses 100 ($91k) Net assets 100 ($97k)2019 Revenue 316 ($593k) Expenses 383 ($348k) Net assets 353 ($342k)2020 Revenue 213 ($399k) Expenses 590 ($536k) Net assets 212 ($205k)2021 Revenue 561 ($1.1M) Expenses 557 ($506k) Net assets 778 ($752k)2022 Revenue 1013 ($1.9M) Expenses 1914 ($1.7M) Net assets 943 ($911k)2023 Revenue 519 ($973k) Expenses 1443 ($1.3M) Net assets 594 ($574k)2024 Revenue 467 ($877k) Expenses 704 ($640k) Net assets 998 ($965k)2025 Revenue 1962 ($3.7M) Expenses 1500 ($1.4M) Net assets 3324 ($3.2M)
'18'19'20'21'22'23'24'25
Revenue (1962)Expenses (1500)Net assets (3324)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 2024 to 2025, from $1.2M to $3.2M (+160%).

$97k
$343k
$315k
$1.1M
$1.6M
$1.3M
$1.2M
$3.2M
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of MQ FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (51% for the typical peer).

This organization
Typical peer · 8,611 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$97k
’18
$245k
’19
−$137k
’20
$547k
’21
$159k
’22
−$337k
’23
$237k
’24
$2.3M
’25
7.6
months of
reserve

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

Ann Richman

Exec director/secretary

Board chair

John Herrmann Jr

Chairman & founder

As listed on its FY2025 Form 990.

2019202020212022202320242025
Listed981011111414
Joined·+0+4+3+1+3+2
No longer listed·122102
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 8 funders, grant income rose $50k → $740k.

6 of 21 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 63% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MQ FOUNDATION INC’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.

How concentrated its funding is

MQ FOUNDATION INC leans on a few funders — its largest provides 49% of grant income and the top three 86%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

63% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MQ FOUNDATION INC.

49%
largest funder
86%
top three
~3
effective funders

Largest funder’s share by year: 2018 100% · 2019 67% · 2020 67% · 2021 62% · 2022 48% · 2023 56% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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.

How long its funders stay

71% of MQ FOUNDATION INC's funders are still giving 1 year after their first grant; 29% give in more than one year at all.

first grant+1y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

63% of MQ FOUNDATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $963k that is directly attributable, 81% of it comes from funders outside New York, across 7 states.

IL
NY
OH
PA
CT
DE
TX

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $1.7M arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.

04Its place in the field

Against its field

MQ FOUNDATION INC runs a healthier operating margin than three-quarters of the 4,665 health nonprofits its size.

Operating margin63% · top quartile
Months of reserve7.6mo · above the median
Revenue growth (annualized)53% · top quartile

this organization peer median middle 50% of peers· 4,665 health nonprofits $1M–$10M, FY2025

Organizations like MQ FOUNDATION INC

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 New York

Nationally

05Profile & governance

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

Where the money goes

64% of spending goes to programs.

Program 64%Management 22%Fundraising 14%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

70%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 11 states

MN
IL
NY
MA
OH
PA
NJ
CT
CA
DE
FL

Screen this organization

A dated, signed PDF of the compliance screen for MQ FOUNDATION INC: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 MQ FOUNDATION INC?
MQ FOUNDATION INC (New York) receives grants from 21 organizations whose IRS filings report $2,615,379 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($1,282,853). 6 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does MQ FOUNDATION INC have?
IRS filings report 21 organizations giving $2,615,379 in grants to MQ FOUNDATION INC, 6 of which have funded it in more than one year.
Who is the largest funder of MQ FOUNDATION INC?
NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $1,282,853 in grants. The full list of funders is on this page.
How can an organization like MQ FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Mq →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 21 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