//
Work at this foundation?
Claim this profile to edit this page and see interest from grant seekers.
Katherine Wells Macmillan Foundation is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 2001. The principal officer is Steven A Hornig. It holds total assets of $131.8M. Annual income is reported at $28.7M. Total assets have grown from N/A in 2011 to $131.8M in 2024. The foundation is governed by 2 officers and trustees. The foundation's activities consist solely of grantmaking to other public charitable organizations qualified under 501(c)(3). According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. According to available records, Katherine Wells Macmillan Foundation has made 12 grants totaling $10.7M, with a median grant of $35K. Annual giving has grown from $1.5M in 2020 to $3.1M in 2023. Grantmaking activity was highest in 2022 with $6.1M distributed across 6 grants. Individual grants have ranged from $35K to $3M, with an average award of $894K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Oklahoma and New Hampshire and Florida. Contributions to this foundation are tax-deductible.
Katherine Wells Macmillan Foundation reported 12 individual grants totaling $11 million between 2020 and 2023 across its IRS Form 990-PF filings, with a median grant of $35,000. Half of those grants fell between $35,000 and $1.8 million. Its largest single grant in the record was $3.0 million. Its most recent available filing, for fiscal year 2023, reports $4.9 million in total giving.
Grantmaking is concentrated in FL, which received 9 of the 12 grants on record (75 percent). Of its 5 distinct grantees, 60 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Communities Foundation Of Oklahoma ($6.0 million), New Hampshire Charitable Foundation ($3.0 million) and Baptist Health South Florida Foundation ($1.4 million).
Computed from 12 individual grant records (2020–2023) in this foundation's IRS Form 990-PF Part XV filings, reaching 3 states. Source: IRS 990-PF.
The foundation's activities consist solely of grantmaking to other public charitable organizations qualified under 501(c)(3).
The foundation's activities consist solely of grantmaking to other public charitable organizations qualified under 501(c)(3). Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in OK, NH, FL.
Katherine Wells Macmillan Foundation has distributed a total of $10.7M across 12 grants. The median grant size is $35K, with an average of $894K. Individual grants have ranged from $35K to $3M.
Katherine Wells Macmillan Foundation typically selects its grantees rather than accepting unsolicited proposals.
Katherine Wells Macmillan Foundation is headquartered in MINNEAPOLIS, MN. While based in MN, the foundation distributes grants to organizations across 3 states.
Get a weekly digest of new grants for organizations like yours
Get a free weekly digest of new grant opportunities as they're added to Granted. Unsubscribe anytime.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marianne Short | DIRECTOR | $0 | $0 | N/A |
| Jennifer J Cullen | DIRECTOR/TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$131.8M
Fair Market Value
N/A
Net Worth
$131.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
12
Total Giving
$10.7M
Average Grant
$894K
Median Grant
$35K
Unique Recipients
5
Most Common Grant
$35K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New Hampshire Charitable FoundationKATHERINE WELLS MACMILLAN FUND | Concord, NH | $3M | 2023 |
| Florida Keys Children'S ShelterUNRESTRICTED | Tavernier, FL | $35K | 2023 |
| Grace Jones Community CenterUNRESTRICTED | Marathon, FL | $35K | 2023 |
| Communities Foundation Of OklahomaUNRESTRICTED | Oklahoma City, OK | $3M | 2022 |
| Baptist Health South Florida FoundationFISHERMEN'S COMM. HOSPITAL CAPITAL CAMPAIGN | Coral Gables, FL | $1.4M | 2020 |