Mcdermott Fam Charitable Trust is a private trust based in TOLLAND, CT. The foundation received its IRS ruling in 2000. The principal officer is % William P Mcdermott. It holds total assets of $3.9M. Annual income is reported at $169K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mcdermott Fam Charitable Trust has made 42 grants totaling $347K, with a median grant of $5K. Annual giving has grown from $40K in 2020 to $101K in 2023. Grantmaking activity was highest in 2022 with $206K distributed across 24 grants. Individual grants have ranged from $500 to $20K, with an average award of $8K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Connecticut, New Hampshire, Massachusetts, which account for 76% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Mcdermott Fam Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 42 grants. Its grantmaking reaches organizations primarily in CT, NH, MA.
Mcdermott Fam Charitable Trust has distributed a total of $347K across 42 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $500 to $20K.
Mcdermott Fam Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Mcdermott Fam Charitable Trust is headquartered in TOLLAND, CT. While based in CT, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William P Mcdermott | PRESIDENT | $0 | $0 | $0 |
| Kerry Wm Mcdermott | VICE PRESIDENT | $0 | $0 | $0 |
| Elieen Mcdermott Laramie | TREASURE | $0 | $0 | $0 |
Total Giving
$101K
Total Assets
$2.2M
Fair Market Value
$2.2M
Net Worth
$2.2M
Grants Paid
$101K
Contributions
$155K
Net Investment Income
$142K
Distribution Amount
$0
Total Grants
42
Total Giving
$347K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
23
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Catholic Charities IncSERVICES FOR THE HOMELESS | Hartford, CT | $18K | 2023 |
| Connecticut Food PantryFOOD FOR NEEDY | Wallingford, CT | $15K | 2023 |
| Dana Farber Cancer InstituteCANCER RESEARCH | Boston, MA | $15K | 2023 |
| Communinty Action PartnershipsPROGRAM FOR NEEDY AMD HOMELESS | Dover, NH | $10K | 2023 |
| Dav Charitable Service TrustDISABLED VETS PROGRAMS | Erlanger, KY | $10K | 2023 |
| Alex'S Lemonade FoundationPEDIATRIC CANCE RESEARCH | Wynnewood, PA | $10K | 2023 |
| New Hampshire Food BankFOOD FOR NEEDY | Manchester, NH | $10K | 2023 |
| Crossroads HouseSERVICE FOR THE HOMELESS | Portsmouth, NH | $5K | 2023 |
| St Vincent De Paul Of Waterbury IncFOOD FOR NEEDY | Waterbury, CT | $3K | 2023 |
| Safe-Net MinistriiesFOOD FOR NEEDY | Stafford Springs, CT | $2K | 2023 |
| Westminster Presbyterian ChurchFOOD FOR NEEDY | Salt Point, NY | $2K | 2023 |
| Hall Memorial LibraryCHILDRN LIBRARY SERVICES | Ellington, CT | $500 | 2023 |
| Catholic Charities Inc Archdiocese Of HartfordSERVICES FOR HOMELESS | Hartford, CT | $18K | 2022 |
| Community Action Partnerships Of Stratford CountyPROGRAAM FOR NEEDY HOMELESS | Dover, NH | $10K | 2022 |
| Alex'S Lemonade Foundation-Childhood CancerPEDIATRIC CANCER RESEARCH | Wynnewood, PA | $10K | 2022 |
| FoodshareFOOD FOR NEEDY | Bloomfield, CT | $5K | 2022 |
| Miracle League Of Northern CtDISABLED ATHLETIC FACILITY | Vernon Rockville, CT | $5K | 2022 |
| Westmister Presbyterian ChurchFOOD FOR NEEDY | Salt Point, NY | $2K | 2022 |
| Dutchess Com College FoundationSCHOLARSHIP | Poughkeepsie, NY | $20K | 2020 |
| St Vincent Depaul MissionFOOD FOR NEEDY | Waterbury, CT | $4K | 2020 |
| Food Pantry Mace CharitiesFOOD FOR NEEDY | Manchester, CT | $4K | 2020 |
| Sisters Of Charity Holy Fam ShelterFOOD FOR NEEDY | Willimantic, CT | $4K | 2020 |
| Safe Net MinistriesFOOD FOR NEEDY | Stafford Springs, CT | $4K | 2020 |
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