Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 74-2882442

MFI FOUNDATION

Tax-exempt · AUSTIN, TX 78768

Financials

$1.7M$1.5M2023$1.6M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of MFI FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,592,380$1,764,361-$171,981$29,543,094$0$29,543,094
December 31, 2023990-PF$1,714,215$1,531,798$182,417$28,468,573$3,882$28,464,691
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$469,633
Net gain from sales of assets
$1,151,740
Other income
-$28,993

Expenses

Grants and similar amounts paid
$1,396,355
Compensation of officers, directors and key employees
$147,134
Disbursements for charitable purposes
$1,544,889
Excise tax on investment income
$19,591

Balance sheet and other

Total assets, start of year
$28,468,573
Total assets, end of year
$29,543,094
Total liabilities, end of year
$0
Net assets, end of year
$29,543,094
Fair market value of assets
$29,543,094
Qualifying distributions
$1,544,889
Net investment income
$1,598,613

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KATHRYN M ANDRADE
PO BOX 2146, AUSTIN, TX 78768
DIRECTOR30$147,134
THOMAS J MEREDITH
PO BOX 2146, AUSTIN, TX 78768
DIRECTOR2$0
LYNN M MEREDITH
PO BOX 2146, AUSTIN, TX 78768
DIRECTOR10$0
WILLIAM B MEREDITH
PO BOX 2146, AUSTIN, TX 78768
DIRECTOR1$0
SARAH M WELLS
PO BOX 2146, AUSTIN, TX 78768
DIRECTOR1$0
ABIGAIL M ARMISTEAD
PO BOX 2146, AUSTIN, TX 78768
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
KATHRYN M ANDRADE
PO BOX 2146, AUSTIN, TX 78768
DIRECTOR30$95,550
ABIGAIL M ARMISTEAD
PO BOX 2146, AUSTIN, TX 78768
DIRECTOR1$361
THOMAS J MEREDITH
PO BOX 2146, AUSTIN, TX 78768
DIRECTOR2$0
LYNN M MEREDITH
PO BOX 2146, AUSTIN, TX 78768
DIRECTOR10$0
WILLIAM B MEREDITH
PO BOX 2146, AUSTIN, TX 78768
DIRECTOR1$0
SARAH M WELLS
PO BOX 2146, AUSTIN, TX 78768
DIRECTOR1$0

Address and contacts

Address (IRS master file)
PO BOX 2146, AUSTIN, TX 78768-2146
In care of
% THOMAS J MEREDITH
Signed the 990-PF
TOM MEREDITH, DIRECTOR
Phone
(512) 732-2544
Return prepared by
STALLOP COMPTON & ROBILLARD PLLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
74-2882442
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
1998
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$29,543,094
Income (IRS master file)
$7,270,912

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,592,380$1,764,361$29,543,094IRS
990-TDecember 2024–––IRS
990-PFDecember 2023$1,714,215$1,531,798$28,468,573XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 74-2882442).

Questions about MFI FOUNDATION

What is the EIN of MFI FOUNDATION?
The employer identification number (EIN) of MFI FOUNDATION is 74-2882442.
Is MFI FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to MFI FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MFI FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MFI FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MFI FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of MFI FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $147,134 (KATHRYN M ANDRADE, DIRECTOR).
How much revenue does MFI FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,592,380, expenses of $1,764,361 and total assets of $29,543,094 at year end.

Other nonprofits in AUSTIN

All nonprofits in AUSTIN · Texas · Philanthropy, voluntarism and grantmaking foundations