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Marquis George Macdonald Foundation Inc. is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 1953. The principal officer is Northern Trust Company. It holds total assets of $6.6M. Annual income is reported at $1.9M. The foundation is governed by 9 officers and trustees. 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, Marquis George Macdonald Foundation Inc. has made 4 grants totaling $1.6M, with a median grant of $412K. The foundation has distributed between $362K and $825K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $825K distributed across 2 grants. Individual grants have ranged from $362K to $413K, with an average award of $399K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Illinois. 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.
Marquis George Macdonald Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IL.
Marquis George Macdonald Foundation Inc. has distributed a total of $1.6M across 4 grants. The median grant size is $412K, with an average of $399K. Individual grants have ranged from $362K to $413K.
Marquis George Macdonald Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Marquis George Macdonald Foundation Inc. is headquartered in CHICAGO, IL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John L Mcdonald Jr | DIRECTOR, PRESIDENT | $8K | $0 | $8K |
| Kevin Mcdonald | DIRECTOR, TREASURER | $4K | $0 | $4K |
| Lauren Mitchell | DIRECTOR, SECRETARY | $2K | $0 | $2K |
| Kristen Mcdonald | DIRECTOR | $2K | $0 | $2K |
| Eric Mitchell | DIRECTOR | $2K | $0 | $2K |
| Joseph Macdonald | DIRECTOR, VICE PRESIDENT | $2K | $0 | $2K |
| Helen Mcdonald | DIRECTOR | $2K | $0 | $2K |
| Albert Mcdonald | DIRECTOR | $2K | $0 | $2K |
| Catherine Macdonald | DIRECTOR | $2K | $0 | $2K |
Total Giving
$462K
Total Assets
$6.5M
Fair Market Value
$7.4M
Net Worth
$6.5M
Grants Paid
$362K
Contributions
N/A
Net Investment Income
$218K
Distribution Amount
$348K
Total: $6.1M
Total Grants
4
Total Giving
$1.6M
Average Grant
$399K
Median Grant
$412K
Unique Recipients
3
Most Common Grant
$413K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various GranteesGENERAL | Chicago, IL | $362K | 2023 |
| Various EntitiesGENERAL | Chicago, IL | $413K | 2022 |
| Various-See AttachedSEE ATTACHED | Chicago, IL | $411K | 2020 |