Mcgrath Family Foundation Inc.

Mcgrath Family Foundation Inc. (EIN 92-1362443) is a young, lean private family foundation based in Longboat Key, FL, tax-exempt only since July 2023 and run by three directors — St John, Michelle, and Timothy McGrath — none of whom drew compensation in 2024 or 2025 (Michelle McGrath received $40,000 in 2023 only). With zero paid staff, this is a classic small family vehicle rather than an institution with program officers or a competitive review process. Critically, the website recorded for this foundation (mcgrathfamilyfoundation.org) actually belongs to a different, unrelated 'McGrath Family Foundation' run by Christian and Angie McGrath in Santa Barbara, CA, founded 2025 — a same-name mismatch grant seekers must not fall for. No independently verifiable public application portal, LOI process, or deadline exists for this EIN. Grant-seekers should treat this as a relationship- and referral-driven funder: its disclosed FY2025 recipients (Trustees of Tufts College, University of Massachusetts, International Center for Nonviolent Conflict, Nova Ukraine, Planned Parenthood) suggest personal or alumni ties (the foundation's phone number carries a Massachusetts 413 area code, aligning with the Tufts/UMass gifts) rather than an open call for proposals. The giving trajectory — 6 grants totaling just $20,050 in FY2023, jumping to 4 grants worth $320,000 in FY2024, then 9 grants worth $464,000 in FY2025 — shows a foundation still formalizing its grantmaking cadence as its ~$7.02 million endowment matures and investment income (74.8% interest, 10.9% dividends in FY2025) increasingly funds disbursements rather than fresh family contributions. First-time or unsolicited applicants should not expect a warm reception without an existing connection to the McGrath family or its named grantees; the safest strategic play is to research whether your organization shares a board member, alumni tie, or programmatic overlap with Tufts, UMass, ICNC, Nova Ukraine, or Planned Parenthood, and to approach with a modest ask ($6,500–$50,000, matching the observed FY2025 range and median) rather than assuming access to the $120,000 tier reserved for its closest institutional relationship.

Disclosed giving has scaled quickly but remains modest in absolute terms. FY2022 (the foundation's formation year): $0 in grants paid against $7,002,823 in contributions received — capital-building only. FY2023: 6 grants totaling $20,050 (average $3,342) against total revenue of $1,924,277, of which $1,643,324 was still incoming family contributions. FY2024: 4 grants totaling $320,000 (average $80,000). FY2025: 9 grants totaling $464,000, spread across 5 states, ranging from $6,500 to $120,000 with a median of $50,000. Total assets have held nearly flat across this period — $7,195,817 (2023), $7,154,513 (2024), $7,024,065 (2025) — indicating giving plus expenses now roughly track (and in 2025 slightly exceed) net investment returns rather than being subsidized by new contributions. Payout ratios (grants paid ÷ year-end assets) show a clear ramp: roughly 0.3% in 2023, 4.5% in 2024, and 6.6% in 2025 — the FY2025 figure already exceeds the 5% federal private-foundation minimum distribution requirement. Named FY2025 grantees include Trustees of Tufts College ($120,000, the single largest disclosed gift), International Center for Nonviolent Conflict ($50,000), and Nova Ukraine ($25,000); University of Massachusetts and Planned Parenthood also appear among the year's 9 recipients per aggregated grant-database records, though their individual amounts were not independently confirmed in the sources reviewed. By cause area, the confirmed FY2025 portfolio breaks down roughly as: higher education ~26% ($120K of $464K, Tufts alone), international human rights/conflict resolution ~11% (ICNC), international humanitarian relief ~5% (Nova Ukraine), with the remainder split between UMass and Planned Parenthood. No local Longboat Key, Sarasota, or Florida community-development grants have surfaced in any public 990 data despite 'Community Development' appearing as this foundation's focus-area tag in IRS classification records — actual disclosed giving does not yet match that label.

Within the Philanthropy & Grantmaking NTEE category, Mcgrath Family Foundation Inc. sits in a tight cluster of similarly-sized small family foundations, most of which — like this one — carry no public website and limited disclosed giving detail.

All six entities hold within roughly $4,500 of each other in total assets (~$7.02–7.03 million), suggesting they may share a common administrator, donor-advised structure, or formation cohort rather than independent asset growth. Mcgrath stands out as the only one of the group with a confirmed, itemized public grant history (via IRS Form 990-PF and third-party 990 aggregators) — the five peers show no disclosed grantees, websites, or giving totals in the data reviewed, making Mcgrath comparatively more transparent despite lacking a formal application process of its own.

Mcgrath Family Foundation Inc. is a genuinely new entity: it received 501(c)(3) tax-exempt status in July 2023, and its earliest Form 990-PF activity (FY2022) shows only capital formation — $7,000,000 in contributions received and $0 in grants paid. Its most consequential recent development is the FY2025 filing, which shows disbursements jumping to 9 grants totaling $464,000, more than the prior two years combined ($340,050), with individual gifts ranging $6,500–$120,000. The largest confirmed FY2025 gift, $120,000 to Trustees of Tufts College, plus $50,000 to the International Center for Nonviolent Conflict and $25,000 to Nova Ukraine, point to a foundation actively diversifying from a single large anchor grant toward a broader, still-small portfolio. No press coverage, leadership changes, or new program announcements were found in general news search — this appears to be a quiet, family-run operation with no media presence, consistent with its zero-staff structure and unpaid directors. The one notable non-grant finding from this research cycle is administrative rather than programmatic: the domain mcgrathfamilyfoundation.org, which IRS enrichment data associates with this EIN, is actually operated by a different, same-named Santa Barbara, CA family foundation (led by Christian and Angie McGrath, founded 2025) — a data-quality issue grant seekers and future researchers should account for when trying to make contact.

There is no verified, EIN-matched public application portal, LOI template, or deadline for this foundation — the 'Apply' page frequently surfaced in searches (mcgrathfamilyfoundation.org/apply) belongs to an unrelated Santa Barbara, CA foundation with the same name, and using it will route your inquiry to the wrong organization entirely. Given the zero-staff, three-director structure (St John, Michelle, and Timothy McGrath) and the total absence of unsolicited-proposal language anywhere in public records, treat this as a closely-held, referral-based funder rather than one running an open cycle. Practical steps: (1) confirm any contact channel against EIN 92-1362443 before sending materials — check the name against the current year's Form 990-PF, filed with a Longboat Key, FL address (775 Longboat Club Rd Unit 208); (2) note the foundation's phone number carries a Massachusetts (413) area code, consistent with its Tufts University and University of Massachusetts gifts — organizations with New England ties or higher-education alumni connections to the McGrath family are more likely to gain traction than cold outreach; (3) anchor your funding request in the $6,500–$50,000 range observed as the FY2025 median and lower bound rather than assuming access to the $120,000 top gift, which reads as a legacy or personal-connection award; (4) align your mission narrative with the observed portfolio — higher education, international human rights/conflict resolution, international humanitarian relief (Ukraine), and reproductive health — rather than generic 'community development' framing, since no local Florida community grants have appeared in three years of filings despite that NTEE tag; (5) the most common mistake will be treating the mcgrathfamilyfoundation.org site as authoritative — verify identity first, since applying there wastes effort and may create confusion with an unrelated foundation's review process; (6) because directors are uncompensated and there is no program staff, expect any relationship-building to run through personal or institutional introductions (e.g., via Tufts/UMass development offices or shared board connections) rather than cold LOIs.