The Illinois State Capitol

Form 990-PFTax year 2024EIN 36-4121337

MB Foundation

A private foundation in Chicago, IL. Its return for tax year 2024 lists 13 grants and $112,592 paid in grants.

Tax year 2024 (period ending Nov 30, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $112,592

    Grants listed
    13
    Assets, end of year
    $483,190
  • Tax year 2023

    $95,000

    Grants listed
    5
    Assets, end of year
    $494,216
  • Tax year 2022

    $95,053

    Grants listed
    6
    Assets, end of year
    $513,087
  • Tax year 2021

    $105,183

    Grants listed
    5
    Assets, end of year
    $530,278
  • Tax year 2020

    $75,874

    Grants listed
    8
    Assets, end of year
    $574,510
  • Tax year 2019

    $69,500

    Grants listed
    6
    Assets, end of year
    $611,582
  • Tax year 2018

    $49,750

    Grants listed
    5
    Assets, end of year
    $622,922
  • Tax year 2017

    $21,500

    Grants listed
    7
    Assets, end of year
    $645,384

Grants paid in 2024

13 grants, largest first

As listed on the return.

  1. Jewish United FundChicago, IL

    General support

    $72,325
  2. PawsChicago, IL

    General support

    $27,198
  3. St Chysostom's Episcopal ChurchChicago, IL

    General support

    $5,000
  4. The Phoenix ZooPhoenix, AZ

    General support

    $2,500
  5. Temple Sholom of ChicagoChicago, IL

    General support

    $1,800
  6. Israel Policy Forum IncNew York, NY

    General support

    $1,000
  7. ForefrontChicago, IL

    General support

    $650
  8. Feeding MattersPhoenix, AZ

    General support

    $515
  9. Matan IncBronx, NY

    General support

    $500
  10. The Chicago LighthouseChicago, IL

    General support

    $500
  11. Lake Shore Country Club Education FundGlencoe, IL

    General support

    $350
  12. YMCAChicago, IL

    General support

    $150
  13. Cradles to CrayonsNewton, MA

    General support

    $104

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Philanthropy and grantmaking2 grants $72,97594% of the total
  2. Animals1 grant $2,5003% of the total
  3. International aid1 grant $1,0001% of the total
  4. Human services2 grants $604<1% of the total
  5. Health1 grant $515<1% of the total
  6. Education1 grant $350<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. Illinois9 grants $108,077
  2. Arizona2 grants $3,015
  3. New York2 grants $1,500

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Michael FrankPRESIDENT Hours 1Pay $0
  • Aaron FrankVICE-PRESIDENT Hours 0.1Pay $0
  • Marshall EisenbergTREASURER Hours 0.1Pay $0
  • Allen TurnerSECRETARY Hours 0.1Pay $0

The return

More foundations

Similar foundations

Same main cause (philanthropy and grantmaking), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Avy and Marcie Stein FoundationChicago, IL 6 grants Preselected only $113,500 giving
  2. The Skylark FoundationChicago, IL 3 grants Preselected only $109,358 giving
  3. Wood Family Foundation Trust WilliamChicago, IL 21 grants Preselected only $117,910 giving
  4. Andrew H Martin Charitable Trust XXXXX6004Chicago, IL 5 grants Preselected only $118,004 giving
  5. Hickey Foundation IncChicago, IL 9 grants Preselected only $119,924 giving