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Mgb Pooled Holdings Llc

Somerville, MA · EIN 82-1715859 · 501(c)(3) · Supporting organization, Type I
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Mgb Pooled Holdings Llc reported $1.41 billion in revenue and $484.0 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $100.00 went to program services, $0.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 100.0% of the total. The highest compensation it reported for one person was $3,224,647 (PRESIDENT). 3 people received more than $100,000 in reportable compensation. Revenue fell 51% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $484M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $1.41B

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
100.0%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
0.0%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$3,224,647$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.67%1.34%
People paid over $100,000
Part VII, line 2
327
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
451.46.6
Independent voting board members
Part VI 1a–1b
0 of 388.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$484M expenses · 100.0% of program spending · grants $484M · revenue $1.39B

No description in Part III; see the filing.

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Officer, 1.00 hrs/week
$0$3,164,004$60,643$3,224,647
TREASURER
Officer, 1.00 hrs/week
$0$1,686,948$238,286$1,925,234
SECRETARY
Officer, 1.00 hrs/week
$0$638,725$65,969$704,694

3 people received more than $100,000 in reportable compensation from Mgb Pooled Holdings Llc (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$1.41B$484M100.0%$18.2B$3,224,647
FY2024 ⓘ$892M$224M100.0%$16.2B$3,536,715
FY2023 ⓘ$273M$508M100.0%$13.9B$3,380,006
FY2022 ⓘ$499M$1.65B100.0%$13.2B$5,899,957
FY2021 ⓘ$817M$0—$17.2B$2,767,702
FY2020 ⓘ$2.87B$0—$14.0B$3,689,904

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b3 · 0 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50

Correct a figure or respond

Every number above is copied from Mgb Pooled Holdings Llc's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Mgb Pooled Holdings Llc, you can publish a response that is linked from this page.

Questions people ask

How much of Mgb Pooled Holdings Llc's spending goes to programs?

In the fiscal year ending September 30, 2025, Mgb Pooled Holdings Llc reported that 100.0% of its $484.0 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Mgb Pooled Holdings Llc pay its top executive?

The largest total compensation Mgb Pooled Holdings Llc reported for one person in the fiscal year ending September 30, 2025 was $3,224,647, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Mgb Pooled Holdings Llc get its money?

Of $1.41 billion in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Mgb Pooled Holdings Llc a registered charity?

The IRS lists EIN 82-1715859 as a 501(c)(3) organization (supporting organization, type i), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202642259349302049 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502269349302630 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202422269349300117 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302269349302950 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202279349300710 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202112259349300436 · read the filing

All filings for EIN 82-1715859: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.