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Mcfarland Charitable Foundation is a private trust based in HAVANA, IL. The foundation received its IRS ruling in 1960. The principal officer is Havana National Bank Trustee. It holds total assets of $3.4M. Annual income is reported at $448K. Total assets have grown from $2.3M in 2011 to $3.1M in 2023. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Illinois. According to available records, Mcfarland Charitable Foundation has made 27 grants totaling $984K, with a median grant of $12K. Annual giving has grown from $149K in 2020 to $218K in 2023. Grantmaking activity was highest in 2022 with $617K distributed across 14 grants. Individual grants have ranged from $2K to $213K, with an average award of $36K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$13K
Average Grant
$21K
Largest Grant
$60K
Based on 7 grants from the most recent 990-PF filing.
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.
Mcfarland Charitable Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in IL.
Mcfarland Charitable Foundation has distributed a total of $984K across 27 grants. The median grant size is $12K, with an average of $36K. Individual grants have ranged from $2K to $213K.
Limited to approved nursing schools w/in illinois for registered nursing.
Mcfarland Charitable Foundation is headquartered in HAVANA, IL.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$326K
Total Assets
$3.1M
Fair Market Value
$5.6M
Net Worth
$3.1M
Grants Paid
$218K
Contributions
N/A
Net Investment Income
$292K
Distribution Amount
$272K
Total: $3M
Total Grants
27
Total Giving
$984K
Average Grant
$36K
Median Grant
$12K
Unique Recipients
11
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mason District HospitalCHARITABLE | Havana, IL | $160K | 2023 |
| Mcfarland Medical FoundationSCHOLARSHIPS | Havana, IL | $30K | 2023 |
| Madaline KaneSCHOLARSHIP | Peoria, IL | $13K | 2023 |
| Jordan MunschSCHOLARSHIP | Havana, IL | $9K | 2023 |
| Hannah E SmithSCHOLARSHIP | Havana, IL | $5K | 2023 |
| Zoe N AlexanderSCHOLARSHIP | Washington, IL | $2K | 2023 |
| Alyse K WhiteSCHOLARSHIP | Kilbourne, IL | $10K | 2022 |
| Mcfarland Medical TrustAWARD | Havana, IL | $30K | 2020 |
| Cassidy BagwellSCHOLARSHIP | Havana, IL | $13K | 2020 |
| Natalie WoodSCHOLARSHIP | Havana, IL | $10K | 2020 |
| Hannah SmithSCHOLARSHIP | Havana, IL | $8K | 2020 |