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Mcgrath Foundation is a private trust based in NAPLES, FL. The foundation received its IRS ruling in 1997. The principal officer is Fedele And Murray Pc. It holds total assets of $339K. Annual income is reported at $51K. The foundation is governed by 2 officers and trustees. 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 2018 to 2023. According to available records, Mcgrath Foundation has made 9 grants totaling $168K, with a median grant of $10K. Annual giving has grown from $15K in 2021 to $23K in 2023. Grantmaking activity was highest in 2022 with $130K distributed across 6 grants. Individual grants have ranged from $5K to $50K, with an average award of $19K. The foundation has supported 4 unique organizations. The foundation primarily supports organizations in Massachusetts, Illinois, Indiana, which account for 89% of all grants. Grantmaking reaches organizations across 4 states. 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.
Mcgrath Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in MA, IL, IN.
Mcgrath Foundation has distributed a total of $168K across 9 grants. The median grant size is $10K, with an average of $19K. Individual grants have ranged from $5K to $50K.
Mcgrath Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mcgrath Foundation is headquartered in NAPLES, FL. While based in FL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Diane S Mcgrath | TRUSTEE | $0 | $0 | N/A |
| Michael E Mcgrath | TRUSTEE | $0 | $0 | N/A |
Total Giving
$25K
Total Assets
$382K
Fair Market Value
$476K
Net Worth
$382K
Grants Paid
$23K
Contributions
$250K
Net Investment Income
N/A
Distribution Amount
$16K
Total Grants
9
Total Giving
$168K
Average Grant
$19K
Median Grant
$10K
Unique Recipients
4
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bishop Feehan High SchoolCHARITABLE | Attleboro, MA | $23K | 2023 |
| Chicago Theological SeminaryCHARITABLE | Chicago, IL | $10K | 2022 |
| World Gospel MissionCHARITABLE | Marion, IN | $5K | 2022 |
| Grace Place For Children & FamiliesCHARITABLE | Naples, FL | $10K | 2021 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL