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Also known as: FOUNDATION
C Jean And Myles Mcdonough Charitable Foundation is a private corporation based in WORCESTER, MA. The foundation received its IRS ruling in 1988. It holds total assets of $3.5M. Annual income is reported at $3.7M. According to available records, C Jean And Myles Mcdonough Charitable Foundation has made 8 grants totaling $3.6M, with a median grant of $285K. Annual giving has grown from $1.6M in 2021 to $2M in 2022. Individual grants have ranged from $100K to $1.5M, with an average award of $446K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
C Jean And Myles Mcdonough Charitable Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MA.
C Jean And Myles Mcdonough Charitable Foundation has distributed a total of $3.6M across 8 grants. The median grant size is $285K, with an average of $446K. Individual grants have ranged from $100K to $1.5M.
C Jean And Myles Mcdonough Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
C Jean And Myles Mcdonough Charitable Foundation is headquartered in WORCESTER, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Neil Mcdonough | TRUSTEE | $0 | $0 | $0 |
| Mark Mcdonough | TRUSTEE | $0 | $0 | $0 |
Total Giving
$2.5M
Total Assets
$4.7M
Fair Market Value
$4.8M
Net Worth
$4.7M
Grants Paid
$2.5M
Contributions
$0
Net Investment Income
$93K
Distribution Amount
$266K
Total: $1.6M
Total Grants
8
Total Giving
$3.6M
Average Grant
$446K
Median Grant
$285K
Unique Recipients
4
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Worcester Art MuseumGENERAL | Worcester, MA | $600K | 2022 |
| Worcester County Horticultural SocietyGENERAL | Boylston, MA | $285K | 2022 |
| Worcester Cultural CoalitionGENERAL | Worcester, MA | $100K | 2022 |
| WgbhGENERAL | Boston, MA | $100K | 2021 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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