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Malcolm F Macneil Family Foundation Ii is a private trust based in CUMB FORESIDE, ME. The foundation received its IRS ruling in 1973. It holds total assets of $488K. Annual income is reported at $70K. Total assets have decreased from $827K in 2011 to $529K in 2023. The foundation is governed by 2 officers and trustees. The foundation accomplishes its charitable purpose solely through a program of making charitable gifts to other tax-exempt not for profit organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Malcolm F Macneil Family Foundation Ii has made 7 grants totaling $227K, with a median grant of $5K. The foundation has distributed between $15K and $110K annually from 2020 to 2023. Individual grants have ranged from $2K to $100K, with an average award of $32K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Massachusetts and Maine. Contributions to this foundation are tax-deductible.
The foundation accomplishes its charitable purpose solely through a program of making charitable gifts to other tax-exempt not for profit organizations.
Expenses: $89K
The foundation accomplishes its charitable purpose solely through a program of making charitable gifts to other tax-exempt not for profit organizations. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in MA, ME.
Malcolm F Macneil Family Foundation Ii has distributed a total of $227K across 7 grants. The median grant size is $5K, with an average of $32K. Individual grants have ranged from $2K to $100K.
Malcolm F Macneil Family Foundation Ii typically selects its grantees rather than accepting unsolicited proposals. The foundation is organized and operated exclusively for religious, charitable, scientific, literary or educational purposes within the us or any of its possessions.
Malcolm F Macneil Family Foundation Ii is headquartered in CUMB FORESIDE, ME. While based in ME, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bruce M Macneil | TRUSTEE | $0 | $0 | N/A |
| Elizabeth Macneil Woodcock | TRUSTEE | $0 | $0 | N/A |
Total Giving
$115K
Total Assets
$529K
Fair Market Value
$988K
Net Worth
$529K
Grants Paid
$110K
Contributions
N/A
Net Investment Income
$17K
Distribution Amount
$48K
Total: $9K
Total Grants
7
Total Giving
$227K
Average Grant
$32K
Median Grant
$5K
Unique Recipients
4
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lawrence AcademyEDUCATIONAL PURPOSES | Groton, MA | $100K | 2023 |
| Cheverus High SchoolEDUCATIONAL PURPOSES | Portland, ME | $10K | 2023 |
| Fessenden SchoolEDUCATIONAL GRANT | West Newton, MA | $5K | 2022 |
| Bowdoin CollegeEDUCATIONAL GRANT | Brunswick, ME | $2K | 2020 |