//
Also known as: FOUNDATION
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. Total assets have decreased from $6.2M in 2010 to $4.7M in 2022. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Massachusetts. 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.
Smallest Grant
$100K
Median Grant
$285K
Average Grant
$328K
Largest Grant
$600K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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 | N/A |
| Mark Mcdonough | TRUSTEE | $0 | $0 | N/A |
Total Giving
$2.5M
Total Assets
$4.7M
Fair Market Value
$4.8M
Net Worth
$4.7M
Grants Paid
$2.5M
Contributions
N/A
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 |