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Macavoy Foundation is a private corporation based in CARVERSVILLE, PA. The foundation received its IRS ruling in 2022. It holds total assets of $3.2M. Annual income is reported at $3.8M. The foundation is governed by 2 officers and trustees. The foundation operates in the area of arts & culture. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Macavoy Foundation has made 2 grants totaling $110K, with a median grant of $55K. Individual grants have ranged from $40K to $70K, with an average award of $55K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in New Jersey and Delaware. Contributions to this foundation are tax-deductible.
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.
Macavoy Foundation primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NJ, DE.
Macavoy Foundation has distributed a total of $110K across 2 grants. The median grant size is $55K, with an average of $55K. Individual grants have ranged from $40K to $70K.
Macavoy Foundation typically selects its grantees rather than accepting unsolicited proposals.
Macavoy Foundation is headquartered in CARVERSVILLE, PA. While based in PA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph Macavoy | SECRETARY/DIRECTOR | $0 | $0 | N/A |
| Elaine Macavoy | VICE PRESIDENT/DIRECTOR | $0 | $0 | N/A |
Total Giving
$249K
Total Assets
$3.3M
Fair Market Value
$3.3M
Net Worth
$3.3M
Grants Paid
$110K
Contributions
N/A
Net Investment Income
$4K
Distribution Amount
$194K
Total: $3M
Total Grants
2
Total Giving
$110K
Average Grant
$55K
Median Grant
$55K
Unique Recipients
2
Most Common Grant
$70K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Art Renewal CenterTO FURTHER THE ARTS SCHOLARSHIP FUND | Port Reading, NJ | $70K | 2023 |
| Intercollegiate Studies InstituteTO FURTHER EDUCATIONAL STUDIES | Wilmington, DE | $40K | 2023 |