//
Also known as: C/O MR ROBERT GALANTE
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Mcshane Foundation is a private corporation based in ROSEMONT, IL. The foundation received its IRS ruling in 1989. The principal officer is Mr Robert Galante. It holds total assets of $1.3M. Annual income is reported at $90K. Total assets have grown from $750K in 2011 to $1.3M in 2023. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Mcshane Foundation has made 10 grants totaling $412K, with a median grant of $45K. Annual giving has decreased from $300K in 2022 to $112K in 2023. Individual grants have ranged from $2K to $80K, with an average award of $41K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Illinois and Wisconsin. 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.
Mcshane 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 IL, WI.
Mcshane Foundation has distributed a total of $412K across 10 grants. The median grant size is $45K, with an average of $41K. Individual grants have ranged from $2K to $80K.
Mcshane Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mcshane Foundation is headquartered in ROSEMONT, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Annie Mcshane | DIRECTOR | $0 | $0 | N/A |
| Mary G Mcshane | DIRECTOR | $0 | $0 | N/A |
| James A Mcshane | PRES/SEC/DIR | $0 | $0 | N/A |
| Daniel Mcshane | DIRECTOR | $0 | $0 | N/A |
Total Giving
$124K
Total Assets
$1.3M
Fair Market Value
$1.7M
Net Worth
$1.3M
Grants Paid
$112K
Contributions
$100K
Net Investment Income
$44K
Distribution Amount
$79K
Total: $1.1M
Total Grants
10
Total Giving
$412K
Average Grant
$41K
Median Grant
$45K
Unique Recipients
6
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Christ The KingUNRESTRICTED | Chicago, IL | $30K | 2023 |
| Concern WorldwideUNRESTRICTED | Chicago, IL | $60K | 2023 |
| Build IncUNRESTRICTED | Chicago, IL | $10K | 2023 |
| Youth GuidanceUNRESTRICTED | Chicago, IL | $5K | 2023 |
| Stronger Than Sarcoma SoireeUNRESTRICTED | Milwaukee, WI | $5K | 2023 |
| Cristo Rey St MartinUNRESTRICTED | Waukegan, IL | $2K | 2023 |