Nonprofit · EIN 34-1787987
MFG FOUNDATION
Tax-exempt · ASHTABULA, OH 44004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990-PF | $366,034 | $274,637 | $91,397 | $5,119,724 | $0 | $5,119,724 |
| August 31, 2024 | 990-PF | $252,196 | $164,823 | $87,373 | $4,849,254 | $0 | $4,849,254 |
| August 31, 2023 | 990-PF | $184,226 | $363,192 | -$178,966 | $4,348,412 | $69,480 | $4,278,932 |
Financial details: 990-PF for the year ended August 31, 2025
Revenue
- Dividends
- $119,157
- Net gain from sales of assets
- $246,877
Expenses
- Grants and similar amounts paid
- $232,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $232,000
- Excise tax on investment income
- $4,547
Balance sheet and other
- Total assets, start of year
- $4,849,254
- Total assets, end of year
- $5,119,724
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,119,724
- Fair market value of assets
- $5,119,724
- Qualifying distributions
- $232,000
- Net investment income
- $366,034
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD MORRISON 2925 MFG PLACE, ASHTABULA, OH 44004 | TRUSTEE | 0 | $0 |
| JOSEPH A COTMAN 2925 MFG PLACE, ASHTABULA, OH 44004 | TRUSTEE | 0 | $0 |
| NANCY S WARNER 165 RIVER FALLS DRIVE, DUNCAN, SC 29334 | TRUSTEE & PRESIDENT | 0 | $0 |
990-PF for the year ended August 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD MORRISON 2925 MFG PLACE, ASHTABULA, OH 44004 | TRUSTEE | 0 | $0 |
| JOSEPH A COTMAN 2925 MFG PLACE, ASHTABULA, OH 44004 | TRUSTEE | 0 | $0 |
| NANCY S WARNER 165 RIVER FALLS DRIVE, DUNCAN, SC 29334 | TRUSTEE & PRESIDENT | 0 | $0 |
990-PF for the year ended August 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD MORRISON 2925 MFG PLACE, ASHTABULA, OH 44004 | TRUSTEE | 0 | $0 |
| LOUISE M RAFFA 3823 EDGEWATER DRIVE, ASHTABULA, OH 44004 | TRUSTEE | 0 | $0 |
| NANCY S WARNER 1830 ELM DRIVE, ASHTABULA, OH 44004 | TRUSTEE & PRESIDENT | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2925 MFG PL, ASHTABULA, OH 44004-9445
- Signed the 990-PF
- RICHARD MORRISON, TRUSTEE
- Phone
- (440) 994-5204
- Return prepared by
- PEASE BELL CPAS LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990-PF on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990-PF on file |
IRS record
- EIN
- 34-1787987
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1995
- Accounting year ends
- August
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22Z)
- Assets (IRS master file)
- $5,119,724
- Income (IRS master file)
- $850,677
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | August 2025 | $366,034 | $274,637 | $5,119,724 | XML |
| 990-PF | August 2024 | $252,196 | $164,823 | $4,849,254 | XML |
| 990-PF | August 2023 | $184,226 | $363,192 | $4,348,412 | XML |
| 990-PF | August 2022 | – | – | – | IRS |
| 990-PF | August 2021 | – | – | – | IRS |
| 990-PF | August 2020 | – | – | – | IRS |
| 990-PF | August 2019 | – | – | – | IRS |
| 990-PF | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-1787987).
Questions about MFG FOUNDATION
- What is the EIN of MFG FOUNDATION?
- The employer identification number (EIN) of MFG FOUNDATION is 34-1787987.
- Is MFG FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to MFG FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MFG FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MFG FOUNDATION due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MFG FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended August 2025.
- Who are the officers and directors of MFG FOUNDATION?
- The 990-PF for the year ended August 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MFG FOUNDATION have?
- On its 990-PF for the year ended August 31, 2025 it reported revenue of $366,034, expenses of $274,637 and total assets of $5,119,724 at year end.
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