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Mcfarland Foundation is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1984. The principal officer is Bank One Trust Co Na. It holds total assets of $3.3M. Annual income is reported at $985K. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2024. According to available records, Mcfarland Foundation has made 10 grants totaling $1.2M, with a median grant of $117K. Annual giving has grown from $222K in 2022 to $472K in 2024. Individual grants have ranged from $111K to $118K, with an average award of $116K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in North Dakota and Indiana. 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.
Mcfarland Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in ND, IN.
Mcfarland Foundation has distributed a total of $1.2M across 10 grants. The median grant size is $117K, with an average of $116K. Individual grants have ranged from $111K to $118K.
Mcfarland Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mcfarland Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
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
$236K
Total Assets
$3.3M
Fair Market Value
$5.5M
Net Worth
$3.3M
Grants Paid
$236K
Contributions
N/A
Net Investment Income
$243K
Distribution Amount
$256K
Total: $3M
Total Grants
10
Total Giving
$1.2M
Average Grant
$116K
Median Grant
$117K
Unique Recipients
2
Most Common Grant
$117K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| SOUTH BEND SYMPHONY ORCHESTRAGENERAL | SOUTH BEND, IN | $118K | 2024 |
| UNIVERSITY OF JAMESTOWNGENERAL | JAMESTOWN, ND | $118K | 2024 |