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Mccormack Family Charitable Foundation is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 2004. The principal officer is The Northern Trust Company. It holds total assets of $16.5M. Annual income is reported at $14.9M. Total assets have grown from $3.9M in 2011 to $16.5M in 2024. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Mccormack Family Charitable Foundation has made 4 grants totaling $1.6M, with a median grant of $406K. The foundation has distributed between $317K and $967K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $967K distributed across 2 grants. Individual grants have ranged from $317K to $483K, with an average award of $403K. 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.
Mccormack Family Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IL.
Mccormack Family Charitable Foundation has distributed a total of $1.6M across 4 grants. The median grant size is $406K, with an average of $403K. Individual grants have ranged from $317K to $483K.
Mccormack Family Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mccormack Family Charitable Foundation is headquartered in CHICAGO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Northern Trust Company | TRUSTEE | $11K | $0 | $11K |
Total Giving
N/A
Total Assets
$16.5M
Fair Market Value
N/A
Net Worth
$16.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$1.6M
Average Grant
$403K
Median Grant
$406K
Unique Recipients
1
Most Common Grant
$483K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ScheduleGENERAL | See Attached Schedule, IL | $317K | 2023 |