Private Foundation · MD · Private Grantmaking Foundations
Mmtl Foundation
Germantown, MD · EIN 820870746 · Website (ProPublica) ↗ · 990s on ProPublica ↗
Assets
$3.7M
Total Giving
$295K
Grants on File
10
Average Grant
$30K
Giving Radius
Where Mmtl Foundation Has Given
Section I
How to Apply
Candidates will submit applications to selected qualifying institutions which will identify candidates. Once identified, the applications will be sent to the board of directors. These applications include personal identification information, as well as academic information and activities, and should be submitted via paper. Major, class status, cumulative GPA, anticipated graduation date, other outside scholarships and awards, and extracurricular activities are required as part of the application process. In addition, applicants must also complete FAFSA applications to determine financial need.
On Unsolicited Proposals yes
Restrictions
No disqualified person (as defined by the Code), including members of the Foundation's Board of Directors, officers or substantial donors, or a family member of any of the foregoing, will be eligible to receive a scholarship. Scholarship recipients must be United States citizens and be in need of financial assistance. Academic performance in secondary school will be considered for entering freshmen. For students who are not entering freshmen, recipients must maintain a grade point average of at least 2.75 on a 4.0 scale.
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Washington, DC | $10K | 2020 |
| Grambling, LA | $50K | 2020 |
| Princess Anne, MD | $10K | 2020 |
| Flourtown, PA | $10K | 2021 |
| Chesapeake, VA | $5K | 2021 |
| Baltimore, MD | $50K | 2023 |
| Fruitland, MD | $40K | 2022 |
| Grambling, LA | $50K | 2022 |
| Salisbury, MD | $20K | 2022 |
| Baltimore, MD | $50K | 2022 |
10 grants total
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $3.7M | $188K | $121K | $100K |
| 2022 | $3.6M | $196K | $121K | $208K |
| 2021 | $3.7M | $213K | $374K | $62K |
| 2020 | $3.4M | $180K | $118K | $106K |
| 2019 | $3.4M | $175K | $49K | $138K |
Section VII
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