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Also known as: DBA ALTIRA FOUNDATION
Mcdermott Family Foundation is a private corporation based in DENVER, CO. The foundation received its IRS ruling in 2014. The principal officer is % Altira Group LLC. It holds total assets of $848K. Annual income is reported at $341K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mcdermott Family Foundation has made 31 grants totaling $160K, with a median grant of $2K. Annual giving has grown from $65K in 2021 to $96K in 2022. Individual grants have ranged from $1K to $33K, with an average award of $5K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in Colorado, California, Maine, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Mcdermott Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in CO, CA, ME.
Mcdermott Family Foundation has distributed a total of $160K across 31 grants. The median grant size is $2K, with an average of $5K. Individual grants have ranged from $1K to $33K.
Mcdermott Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mcdermott Family Foundation is headquartered in DENVER, CO. While based in CO, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carol Mcdermott | PRESIDENT & SECRETARY | $0 | $0 | $0 |
| Dirk W Mcdermott | VICE-PRESIDENT & TREASURER | $0 | $0 | $0 |
Total Giving
$133K
Total Assets
$854K
Fair Market Value
$1.1M
Net Worth
$854K
Grants Paid
$123K
Contributions
$0
Net Investment Income
$19K
Distribution Amount
$49K
Total: $0
Total Grants
31
Total Giving
$160K
Average Grant
$5K
Median Grant
$2K
Unique Recipients
19
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Vincent De PaulGENERAL SUPPORT | Denver, CO | $1K | 2022 |
| Ace ScholarshipsGENERAL SUPPORT | Greenwood Village, CO | $33K | 2022 |
| High Line Canal ConservancyGENERAL SUPPORT | Denver, CO | $31K | 2022 |
| University Of Colorado Depression CenterGENERAL SUPPORT | Aurora, CO | $10K | 2022 |
| Denver Children'S HomeGENERAL SUPPORT | Denver, CO | $5K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2022 |
| Reach Out And ReadGENERAL SUPPORT | Denver, CO | $3K | 2022 |
| Regis UniversityGENERAL SUPPORT | Denver, CO | $3K | 2022 |
| Denver Art MuseumGENERAL SUPPORT | Denver, CO | $3K | 2022 |
| Central City Opera House Association (Cco)GENERAL SUPPORT | Wheat Ridge, CO | $2K | 2022 |
| Comeback YogaGENERAL SUPPORT | Denver, CO | $1K | 2022 |
| Friendship BridgeGENERAL SUPPORT | Lakewood, CO | $1K | 2022 |
| St Michael'S High SchoolGENERAL SUPPORT | Santa Fe, NM | $1K | 2022 |
| Women'S Bean ProjectGENERAL SUPPORT | Denver, CO | $1K | 2022 |
| Valpo Surf ProjectGENERAL SUPPORT | Thomaston, ME | $1K | 2022 |
| Food Bank Of The RockiesGENERAL SUPPORT | Denver, CO | $1K | 2022 |
| The Board Of Trustees Of The Leland Stanford Junior UniversityTO SUPPORT THE MISSION OF THE EDUCATIONAL INSTITUTION | Stanford, CA | $6K | 2021 |
| Next Generation Foundation Niman RanchGENERAL SUPPORT | Westminster, CO | $4K | 2021 |
| Greater Park Hill CommunityGENERAL SUPPORT | Denver, CO | $1K | 2021 |
| Graland Country Day SchoolGENERAL SUPPORT | Denver, CO | $1K | 2021 |
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