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Mccormick Family Foundation is a private trust based in HOUSTON, TX. The foundation received its IRS ruling in 2016. The principal officer is Rick M Mccormick. It holds total assets of $4.5M. Annual income is reported at $2.9M. The foundation is governed by 2 officers and trustees. No direct charitable actvities. Expenditures are direct donations over which the foundation excercises no control. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Funding is distributed across 5 states, including Texas, Florida, Illinois. According to available records, Mccormick Family Foundation has made 29 grants totaling $660K, with a median grant of $15K. The foundation has distributed between $220K and $220K annually from 2020 to 2022. Individual grants have ranged from $5K to $105K, with an average award of $23K. The foundation has supported 13 unique organizations. The foundation primarily supports organizations in Texas, Alabama, Florida, which account for 83% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$25K
Average Grant
$24K
Largest Grant
$40K
Based on 9 grants from the most recent 990-PF filing.
No direct charitable activities. Expenditures are direct donations over which the foundation exercises no control.
No direct charitable actvities. Expenditures are direct donations over which the foundation excercises no control. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in TX, AL, FL.
Mccormick Family Foundation has distributed a total of $660K across 29 grants. The median grant size is $15K, with an average of $23K. Individual grants have ranged from $5K to $105K.
Mccormick Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mccormick Family Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rick M Mccormick | Co-Trustee | $0 | $0 | N/A |
| Pamela Mccormick | Co-Trustee | $0 | $0 | N/A |
Total Giving
$254K
Total Assets
$4.5M
Fair Market Value
$4.4M
Net Worth
$4.5M
Grants Paid
$210K
Contributions
$205K
Net Investment Income
$359K
Distribution Amount
$201K
Total: $4.4M
Total Grants
29
Total Giving
$660K
Average Grant
$23K
Median Grant
$15K
Unique Recipients
13
Most Common Grant
$15K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Modern DayCharitable | Grand Prairie, TX | $105K | 2022 |
| Restoring Hope FoundationCHARITABLE | Huntsville, AL | $30K | 2022 |
| Bridge Builders InternationalCHARITABLE | Wheaton, IL | $20K | 2022 |
| Ananias HouseCHARITABLE | Houston, TX | $20K | 2022 |
| PioneersCHARITABLE | Orlando, FL | $15K | 2022 |
| Cru FoundationCharitable | Orlando, FL | $10K | 2022 |
| Canyon PathwaysCHARITABLE | Colleyville, TX | $10K | 2022 |
| E3-PartnersCHARITABLE | Plano, TX | $5K | 2022 |
| Treasures Of JoyCHARITABLE | Spring, TX | $5K | 2022 |
| Transform AsiaCHARITABLE | Aurora, CO | $20K | 2021 |
| Light My Way MinistriesCHARITABLE | Cypress, TX | $15K | 2021 |
| Journey 2 FreedomCHARITABLE | Houston, TX | $5K | 2021 |
| Redeemed MinistriesCHARITABLE | Spring, TX | $15K | 2020 |