Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Mcdonald Family Charitable Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is Foundation Source. It holds total assets of $1.7M. Annual income is reported at $73K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. 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 Family Charitable Foundation has made 6 grants totaling $204K, with a median grant of $38K. Annual giving has grown from $30K in 2021 to $75K in 2023. Grantmaking activity was highest in 2022 with $99K distributed across 4 grants. Individual grants have ranged from $4K to $75K, with an average award of $34K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Hawaii and Ohio. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Mcdonald Family Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in HI, OH.
Mcdonald Family Charitable Foundation has distributed a total of $204K across 6 grants. The median grant size is $38K, with an average of $34K. Individual grants have ranged from $4K to $75K.
Mcdonald Family Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mcdonald Family Charitable Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mark G Mcdonald | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
Total Giving
$87K
Total Assets
$1.7M
Fair Market Value
$1.8M
Net Worth
$1.7M
Grants Paid
$75K
Contributions
N/A
Net Investment Income
$61K
Distribution Amount
$86K
Total Grants
6
Total Giving
$204K
Average Grant
$34K
Median Grant
$38K
Unique Recipients
2
Most Common Grant
$45K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Maui Preparatory AcademyGENERAL & UNRESTRICTED (SEE GENERAL EXPLANATION) | Lahaina, HI | $75K | 2023 |
| Lima Community FoundationGeneral & Unrestricted (see general explanation) | Lima, OH | $4K | 2022 |