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Mckiernan Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2012. The principal officer is Foundation Source. It holds total assets of $18K. Annual income is reported at $9K. Total assets have decreased from $513K in 2010 to $56K in 2022. The foundation is governed by 1 officer or trustee. 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 2016 to 2023. According to available records, Mckiernan Family Foundation has made 7 grants totaling $352K, with a median grant of $25K. Annual giving has grown from $80K in 2020 to $147K in 2023. Individual grants have ranged from $10K to $100K, with an average award of $50K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Massachusetts and California. 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.
Mckiernan Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in MA, CA.
Mckiernan Family Foundation has distributed a total of $352K across 7 grants. The median grant size is $25K, with an average of $50K. Individual grants have ranged from $10K to $100K.
Mckiernan Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mckiernan Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William S Mckiernan | Pres, Dir, Sec | $0 | $0 | N/A |
Total Giving
$152K
Total Assets
$56K
Fair Market Value
$52K
Net Worth
$56K
Grants Paid
$147K
Contributions
$200K
Net Investment Income
$123K
Distribution Amount
N/A
Total Grants
7
Total Giving
$352K
Average Grant
$50K
Median Grant
$25K
Unique Recipients
5
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harvard Business SchoolEndowment fund for Entrepreneurship and Innovation | Boston, MA | $80K | 2020 |
| Boston College TrusteesShea Center for Entrepreneurship | Chestnut Hill, MA | $100K | 2023 |
| Bellarmine College PreparatoryCapital Campaign | San Jose, CA | $25K | 2023 |
| The American Ireland FundDirector's Fund | Boston, MA | $12K | 2023 |
| Alzheimers Disease & Related Disorders AssociationCharitable Event | San Jose, CA | $25K | 2022 |