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Mcdonnell Family Foundation is a private trust based in MEMPHIS, TN. The foundation received its IRS ruling in 2014. The principal officer is % Mary Mcdonnell Schell. It holds total assets of $133.2M. Annual income is reported at $100.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mcdonnell Family Foundation has made 13 grants totaling $4M, with a median grant of $100K. Annual giving has grown from $290K in 2020 to $3.3M in 2022. Individual grants have ranged from $5K to $1.2M, with an average award of $307K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Tennessee and Michigan. Contributions to this foundation are tax-deductible.
Mcdonnell Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in TN, MI.
Mcdonnell Family Foundation has distributed a total of $4M across 13 grants. The median grant size is $100K, with an average of $307K. Individual grants have ranged from $5K to $1.2M.
Mcdonnell Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mcdonnell Family Foundation is headquartered in MEMPHIS, TN. While based in TN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mcneal Bond Mcdonnell | DISTRIBUTION | $0 | $0 | $0 |
| Mary Mcdonnell Schell | DISTRIBUTION | $0 | $0 | $0 |
| Michael Keeney | TRUSTEE | $0 | $0 | $0 |
| Irene Mcdonnell Ayotte | DISTRIBUTION | $0 | $0 | $0 |
Total Giving
$16K
Total Assets
$128.1M
Fair Market Value
$130.4M
Net Worth
$128.1M
Grants Paid
$0
Contributions
$125.1M
Net Investment Income
$2.3M
Distribution Amount
$5.5M
Total Grants
13
Total Giving
$4M
Average Grant
$307K
Median Grant
$100K
Unique Recipients
8
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Community Foundation Of Greater MphPROGRAM SERVICES | Memphis, TN | $1.2M | 2022 |
| Memphis Opportunity ScholarshipPROGRAM SERVICES | Memphis, TN | $974K | 2022 |
| University Of MemphisPROGRAM SERVICES | Memphis, TN | $8K | 2022 |
| A Step Ahead FoundationPROGRAM SERVICES | Memphis, TN | $100K | 2021 |
| Dixon Gallery & GardensPROGRAM | Memphis, TN | $97K | 2021 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Church Of The Holy CommunionPROGRAM SERVICE | Memphis, TN | $100K | 2020 |
| Mid South Food BankPROGRAM SERVICE | Memphis, TN | $25K | 2020 |
| Charlevoix County Community FoundatPROGRAM SERVICES | East Jordan, MI | $5K | 2020 |
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