Mbk Educational Foundation Inc | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Mbk Educational Foundation Inc. Data shown is extracted from Form 990-PF filings.

EIN: 26-2987483

Foundation Overview

Based in New York, NY, Mbk Educational Foundation Inc has awarded 23 grants totaling $9,662,500 to organizations in New York, Massachusetts and 2 other states, plus international recipients. Individual grants range from $10,000 to $2,500,000, with a median award of $100,000.

Latest Tax Year
2023
Total Giving (all years)
$9,662,500
Total Assets
$7,750,404
Median Grant (all grants)
$100,000

Latest Form 990-PF Snapshot

Total Grants
6
Median Grant
$150,000
% Median Grant Decline
-70% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Balanced Approach: 33%

2 of 6 recipients (33%) were new grantees. Foundation maintains loyal partnerships while remaining open to qualified new applicants with strong proposals.

Geographic Focus
New York

43% of grants are awarded in New York, with additional funding distributed across 5 other locations. The foundation balances regional focus with broader geographic diversity. Within New York, funding concentrates in New York (100%).

Funding Trajectory
+550%

Strong 550% growth in annual giving over 3 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.

Program Areas
Education + 2 others

Diversified giving across multiple program areas with primary emphasis on education (64%). This broad approach suggests openness to various causes and innovative cross-sector solutions.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Mbk Educational Foundation Inc's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Mbk Scholarship Foundation $800,000 Seoul, Foreign, KS To Support Mbk Scholarship Foundation's Scholarship Making Activities To Financially Needy Students In Korea. 2023
The Metropolitan Museum Of Art $2,500,000 New York, NY, US To Support The Museum's Plans In The Area Of Modern And Contemporary Art Specifically For The Costs Associated With The Construction, Maintenance, Operations, Programming, Or Other Needs Of A New Or Renovated Modern Wing (The "New Modern Wing"), And Other Activities Undertaken With The Goal Of Keeping The Museum At The Forefront Of Presenting Modern And Contemporary Art To The Public, At The Museum's Sole Discretion. 2023
New York Public Library Astor Lennox And Tilden Fdn $250,000 New York, NY, US To Support New Technology, Collections, And Overall Refresh Of The Muhlenberg Library's Children And Teen Center, As Well As Support Youth Educational Initiatives, Including Nypl After School And Enhanced Teen Programming. 2023
Soloman R Guggenheim Foundation $50,000 New York, NY, US To Support Of Guggenheim Education Programs 2023 -24 2023
Wellesley College $25,000 Wellesley, MA, US Support For A Faculty Office In The Science Center 2023
Grace Church School $12,500 New York, NY, US General Educational Support 2023
Mbk $850,000 Seoul, Foreign, KS To Support Mbk Scholarship Foundation's Scholarship Making Activities To Financially Needy Students In Korea. 2022
The University Of Chicago $100,000 Chicago, IL, US To Provide Expendable Support To The Odyssey Scholarship Program 2022
New York Public Library Astor Lennox And Tilden Fdn $500,000 New York, NY, US To Support New Technology, Collections, And Overall Refresh Of The Muhlenberg Library's Children And Teen Center, As Well As Support Youth Educational Initiatives, Including Nypl After School And Enhanced Teen Programming. 2022
Mbk $850,000 Seoul, Foreign, KS To Support Mbk Scholarship Foundation's Scholarship Making Activities To Financially Needy Students In Korea. 2022
The University Of Chicago $100,000 Chicago, IL, US To Provide Expendable Support To The Odyssey Scholarship Program 2022
New York Public Library Astor Lennox And Tilden Fdn $500,000 New York, NY, US To Support New Technology, Collections, And Overall Refresh Of The Muhlenberg Library's Children And Teen Center, As Well As Support Youth Educational Initiatives, Including Nypl After School And Enhanced Teen Programming. 2022
Mbk $850,000 Seoul, Foreign, KS To Support Mbk Scholarship Foundation's Scholarship Making Activities To Financially Needy Students In Korea. 2022
The University Of Chicago $100,000 Chicago, IL, US To Provide Expendable Support To The Odyssey Scholarship Program 2022
New York Public Library Astor Lennox And Tilden Fdn $500,000 New York, NY, US To Support New Technology, Collections, And Overall Refresh Of The Muhlenberg Library's Children And Teen Center, As Well As Support Youth Educational Initiatives, Including Nypl After School And Enhanced Teen Programming. 2022
Grace Church School $10,000 New York, NY, US General Support 2021
Mbk Scholarship Foundation $925,000 Jongnoku, SEOUL, KS To Support Mbk Scholarship Foundation's Scholarship Making Activities 2021
Harvard Business School $50,000 Boston, MA, US To Establish The Endowed Michael B. Kim Associate Professorship Of Business Administration. Distributions Of Income From Such Endowment Fund Will Be Used To Cover Salary And Benefits, Including Research Expenses, Of The Associate Professor. 2021
The Metropolitan Museum Of Art $80,000 New York, NY, US Women's Event; Trustee Fund 2021
Solomon R Guggenheim Foundation $50,000 New York, NY, US In Support Of The Avant-garde: Experimental Art In South Korea, In 1967s-1975s Exhibition 2021
Mbk Scholarship Foundation $500,000 Jongnoku, SEOUL, KS To Support Mbk Scholarship Foundation's Scholarship Making Activities. 2020
Haverford College $50,000 Haverford, PA, US For Haverford's Annual Giving Campaign 2020
Grace Church School $10,000 New York, MA, US General Support 2020

Foundations Similar to Mbk Educational Foundation Inc

Discover 5 foundations with comparable assets ($7,631,280-$7,818,663), similar grant patterns, and geographic focus in NY that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 37-1795297 | 511 grants awarded
$7,697,058
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$100,000
median grant
New York, NY
Same state
100%
Excellent match

EIN: 99-1610310 | 2 grants awarded
$7,818,663
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$70,933
median grant
New York, NY
Same state
100%
Excellent match

EIN: 47-2568911 | 26 grants awarded
$7,658,262
(≈ Similar)
$66,000
median grant
Rye, NY
Same state
99%
Excellent match

EIN: 83-4093384 | 71 grants awarded
$7,643,213
(≈ Similar)
$100,000
median grant
New York, NY
Same state
99%
Excellent match

EIN: 13-7031172 | 150 grants awarded
$7,631,280
(≈ Similar)
$100,000
median grant
New York, NY
Same state
99%
Excellent match

Contact Information

Official contact details for Mbk Educational Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 26-2987483
Website N/A
Address 252 SEVENTH AVENUE 5I New York, NY 10001-0000

Key People (1)

Board members, trustees, and key staff who oversee Mbk Educational Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Director, President Mimi Okkyung Kim

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Mbk Educational Foundation Inc is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.