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Mcdonald-Anderson Foundation Inc. is a private corporation based in VERO BEACH, FL. The foundation received its IRS ruling in 2019. It holds total assets of $47.4M. Annual income is reported at $648K. Total assets have grown from $1K in 2019 to $41M in 2023. The foundation is governed by 8 officers and trustees. To provide direct grants to other non-profit organizations in the name of the foundation. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Mcdonald-Anderson Foundation Inc. has made 3 grants totaling $201K, with a median grant of $300. Annual giving has grown from $600 in 2022 to $200K in 2023. Individual grants have ranged from $300 to $200K, with an average award of $67K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Rhode Island and District of Columbia. Contributions to this foundation are tax-deductible.
To provide direct grants to other non-profit organizations in the name of the foundation.
Expenses: $200K
To provide direct grants to other non-profit organizations in the name of the foundation. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in RI, DC.
Mcdonald-Anderson Foundation Inc. has distributed a total of $201K across 3 grants. The median grant size is $300, with an average of $67K. Individual grants have ranged from $300 to $200K.
Mcdonald-Anderson Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Mcdonald-Anderson Foundation Inc. is headquartered in VERO BEACH, FL. While based in FL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Barbara A Mcdonald | SECRETARY | $0 | $0 | N/A |
| Carol Mcdonald | DIRECTOR | $0 | $0 | N/A |
| David C Mcdonald | PRESIDENT | $0 | $0 | N/A |
| Jeffrey D Mcdonald | DIRECTOR | $0 | $0 | N/A |
| Tracy M Mcdonald | DIRECTOR | $0 | $0 | N/A |
| Morgan L Mcdonald | DIRECTOR | $0 | $0 | N/A |
| Danielle O Mcdonald | DIRECTOR | $0 | $0 | N/A |
| Lindsey P Mcdonald | DIRECTOR | $0 | $0 | N/A |
Total Giving
$200K
Total Assets
$41M
Fair Market Value
$41M
Net Worth
$41M
Grants Paid
$200K
Contributions
$182K
Net Investment Income
$619K
Distribution Amount
$1.8M
Total: N/A
Total Grants
3
Total Giving
$201K
Average Grant
$67K
Median Grant
$300
Unique Recipients
2
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vanguard CharitablePHILANTHROPIC ENDEAVOR OF FOUNDATION | Warwick, RI | $200K | 2023 |
| The Source IncPHILANTHROPIC ENDEAVOR OF FOUNDATION | Washington, DC | $300 | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL