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Mccullough Family Foundation is a private corporation based in WDM, IA. The foundation received its IRS ruling in 2011. The principal officer is Clow Valve. It holds total assets of $1.7M. Annual income is reported at $619K. Total assets have grown from $200K in 2011 to $1.6M in 2023. The foundation is governed by 4 officers and trustees. Provide financial support for scientific research, education, health care, community enhancement, & social services. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Iowa and Alabama. According to available records, Mccullough Family Foundation has made 41 grants totaling $421K, with a median grant of $5K. Annual giving has decreased from $114K in 2020 to $59K in 2023. Grantmaking activity was highest in 2022 with $129K distributed across 12 grants. Individual grants have ranged from $1K to $51K, with an average award of $10K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Iowa, Alabama, Missouri, which account for 90% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$6K
Average Grant
$11K
Largest Grant
$35K
Based on 12 grants from the most recent 990-PF filing.
Provide financial support for scientific research, education, health care, community enhancement, & social services.
Expenses: $114K
Provide financial support for scientific research, education, health care, community enhancement, & social services. Based on available records, the foundation has funded 41 grants. Its grantmaking reaches organizations primarily in IA, AL, MO.
Mccullough Family Foundation has distributed a total of $421K across 41 grants. The median grant size is $5K, with an average of $10K. Individual grants have ranged from $1K to $51K.
Awards are limited to organizations that qualify under section 501(c)(3) of the internal revenue code.
Mccullough Family Foundation is headquartered in WDM, IA. While based in IA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Meagan Mccullough Corcoran | VP & Admin | $26K | $0 | $26K |
| Morgen Mccullough Calgaard | Vice President | $0 | $0 | N/A |
| Leon Mccullough | Pres & Treas | $0 | $0 | N/A |
| Dorothy Mccullough | Secretary | $0 | $0 | N/A |
Total Giving
$100K
Total Assets
$1.6M
Fair Market Value
$2.3M
Net Worth
$1.6M
Grants Paid
$59K
Contributions
$50K
Net Investment Income
$88K
Distribution Amount
$103K
Total: $120K
Total Grants
41
Total Giving
$421K
Average Grant
$10K
Median Grant
$5K
Unique Recipients
14
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Mary'S ChurchGENERAL OPERATIONS | Oskaloosa, IA | $25K | 2023 |
| St Francis Of AssisiGENERAL OPERATIONS | West Des Moines, IA | $15K | 2023 |
| University Of Ia Center For AdvanceGENERAL OPERATIONS | Iowa City, IA | $5K | 2023 |
| Greater Birmingham MinistriesGENERAL OPERATIONS | Birmingham, AL | $5K | 2023 |
| WeecycleGENERAL OPERATIONS | Denver, CO | $4K | 2023 |
| Food Bank Of IowaGENERAL OPERATIONS | Des Moines, IA | $2K | 2023 |
| Our Lady Of The LakeGENERAL OPERATIONS | Lake Ozark, MO | $2K | 2023 |
| Iowa Catholic Radio FoundationGENERAL OPERATIONS | Des Moines, IA | $1K | 2023 |
| Diocese Of Des MoinesGENERAL OPERATIONS | Des Moines, IA | $10K | 2022 |
| Crisis Intervention ServicesGENERAL OPERATIONS | Oskaloosa, IA | $2K | 2022 |
| Stephen Memorial Animal ShelterGENERAL OPERATIONS | Oskaloosa, IA | $2K | 2022 |
| Ragbrai Dream TeamGENERAL OPERATIONS | Des Moines, IA | $1K | 2022 |
| Church Of The ReconcilerGENERAL OPERATIONS | Birmingham, AL | $1K | 2022 |
| Mahaska County YmcaGENERAL OPERATIONS | Oskaloosa, IA | $51K | 2020 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA