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Mccormack Foundation Inc. is a private corporation based in MACCLESFIELD, NC. The foundation received its IRS ruling in 1999. The principal officer is J Parrish Mccormack. It holds total assets of $58K. Annual income is reported at $13K. Total assets have decreased from $88K in 2010 to $62K in 2022. The foundation is governed by 3 officers and trustees. 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 2021 to 2023. The foundation primarily funds organizations in North Carolina and New York. According to available records, Mccormack Foundation Inc. has made 23 grants totaling $15K, with a median grant of $500. The foundation has distributed between $5K and $5K annually from 2021 to 2023. Individual grants have ranged from $200 to $2K, with an average award of $652.174. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in North Carolina and New York and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$500
Average Grant
$833
Largest Grant
$2K
Based on 6 grants from the most recent 990-PF filing.
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 Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in NC, NY, FL.
Mccormack Foundation Inc. has distributed a total of $15K across 23 grants. The median grant size is $500, with an average of $652.174. Individual grants have ranged from $200 to $2K.
Mccormack Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Mccormack Foundation Inc. is headquartered in MACCLESFIELD, NC. While based in NC, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| J Parrish Mccormack | SECRETARY | $0 | $0 | N/A |
| Elayne P Mccormack | DIRECTOR | $0 | $0 | N/A |
| Suzanne M Morgan | PRESIDENT | $0 | $0 | N/A |
Total Giving
$6K
Total Assets
$62K
Fair Market Value
$232K
Net Worth
$62K
Grants Paid
$5K
Contributions
N/A
Net Investment Income
$3K
Distribution Amount
$9K
Total: $59K
Total Grants
23
Total Giving
$15K
Average Grant
$652.174
Median Grant
$500
Unique Recipients
9
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Jesse Helms Center FoundationSUPPORT EDUCATIONAL PROGRAMS | Wingate, NC | $1K | 2023 |
| Charlotte Rescue MissionSUPPORT PROGRAMS FOR HOMELESS | Charlotte, NC | $700 | 2023 |
| Tunnels To Towers FoundationPROVIDE SUPPORT TO FIRST RESPONDERS | Staten Island, NY | $700 | 2023 |
| A Dove'S NestSUPPORT PROGRAMS TO WOMEN | Charlotte, NC | $700 | 2023 |
| Ronald Mcdonald HouseASSIST FAMILIES OF TERMINALLY ILL | Durham, NC | $500 | 2023 |
| Samaritan'S PursePROVIDES ASSISTANCE TO THOSE IN NEED | Boone, NC | $500 | 2023 |
| Second Harvest Food BankPROVIDE FOOD FOR LESS FORTUNATE | Charlotte, NC | $400 | 2023 |
| Navy Fisher HouseSUPPORT MILITARY FAMILIES | Camp Lejeune, NC | $300 | 2023 |
| Wounded Warrior ProjectPROVIDES ASSISTANCE TO VETERANS | Jacksonville, FL | $200 | 2023 |