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Also known as: MCLAUGHLIN FOUNDATION
Mclaughlin Foundation is a private trust based in PALM BEACH, FL. The foundation received its IRS ruling in 1997. It holds total assets of $588K. Annual income is reported at $560K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mclaughlin Foundation has made 81 grants totaling $528K, with a median grant of $5K. Annual giving has grown from $79K in 2020 to $140K in 2023. Grantmaking activity was highest in 2022 with $238K distributed across 32 grants. Individual grants have ranged from $50 to $38K, with an average award of $7K. The foundation has supported 31 unique organizations. The foundation primarily supports organizations in Florida, New York, District of Columbia, which account for 89% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Mclaughlin Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 81 grants. Its grantmaking reaches organizations primarily in FL, NY, DC.
Mclaughlin Foundation has distributed a total of $528K across 81 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $50 to $38K.
Mclaughlin Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mclaughlin Foundation is headquartered in PALM BEACH, FL. While based in FL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Howard V Sontag | TRUSTEE | $0 | $0 | $0 |
| Patricia Mclaughlin | TRUSTEE | $0 | $0 | $0 |
Total Giving
$152K
Total Assets
$421K
Fair Market Value
$425K
Net Worth
$421K
Grants Paid
$140K
Contributions
$447K
Net Investment Income
$539
Distribution Amount
$12K
Total Grants
81
Total Giving
$528K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
31
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lois Pope Life FoundationSUPPORT | Manalapan, FL | $10K | 2022 |
| Broadcasters Foundation Of AmericaSUPPORT | New York, NY | $38K | 2023 |
| Palm Beach Police FoundationSUPPORT | West Palm Beach, FL | $15K | 2023 |
| Palm Beach Civic AssociationSUPPORT | Palm Beach, FL | $10K | 2023 |
| The Center For DiscoverySUPPORT | Harris, NY | $10K |
Other foundations that have funded Mclaughlin Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Jess & Brewster J Durkee Foundation | $5K | 2022 | UNRESTRICTED |
| Cleveland H Dodge Foundation Inc. | $150 | 2022 | GENERAL SUPPORT |
| Cleveland H Dodge Foundation Inc. | $150 | 2022 | GENERAL SUPPORT |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL
| 2019 | 990PF | View |
| 2023 |
| South Florida PbsSUPPORT | Miami, FL | $10K | 2023 |
| Society Of The Four ArtsSUPPORT | Palm Beach, FL | $10K | 2023 |
| Boys & Girls Club Of Palm BeachSUPPORT | West Palm Beach, FL | $10K | 2023 |
| Saint Edward ChurchSUPPORT | Palm Beach, FL | $8K | 2023 |
| Ann Norton Sculpture GardenSUPPORT | West Palm Beach, FL | $8K | 2023 |
| Breast Cancer Research FoundationSUPPORT | New York, NY | $6K | 2023 |
| Peggy Adams Animal Rescue LeagueSUPPORT | West Palm Beach, FL | $5K | 2023 |
| Diocese Of Palm BeachSUPPORT | Palm Beach Gardens, FL | $5K | 2023 |
| Palm Beach SymphonySUPPORT | West Palm Beach, FL | $3K | 2023 |
| American Humane SocietySUPPORT | Washington, DC | $2K | 2023 |
| The Salvation Army Of Palm BeachSUPPORT | West Palm Beach, FL | $1K | 2023 |
| Eagle Hill SchoolSUPPORT | Greenwich, CT | $500 | 2023 |
| American Friends Of British Art IncSUPPORT | Palm Beach, FL | $400 | 2022 |
| Palm Beach Atlantic UniversitySUPPORT | West Palm Beach, FL | $350 | 2022 |
| Town Of Palm BeachSUPPORT | Palm Beach, FL | $151 | 2022 |
| Saint Michael The Archangel ChurchSUPPORT | Greenwich, CT | $50 | 2022 |
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