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Shelagh E Mahoney & Joseph E Mcnamee Family Foundation Inc. is a private corporation based in LOWELL, MA. The foundation received its IRS ruling in 2021. It holds total assets of $6.9M. Annual income is reported at $7.6M. The foundation is governed by 5 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, Shelagh E Mahoney & Joseph E Mcnamee Family Foundation Inc. has made 5 grants totaling $8.2M, with a median grant of $2M. Annual giving has grown from $25K in 2020 to $4M in 2022. Grantmaking activity was highest in 2021 with $4.2M distributed across 2 grants. Individual grants have ranged from $25K to $4M, with an average award of $1.6M. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Connecticut and Massachusetts. 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.
Shelagh E Mahoney & Joseph E Mcnamee Family Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in CT, MA.
Shelagh E Mahoney & Joseph E Mcnamee Family Foundation Inc. has distributed a total of $8.2M across 5 grants. The median grant size is $2M, with an average of $1.6M. Individual grants have ranged from $25K to $4M.
Shelagh E Mahoney & Joseph E Mcnamee Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Shelagh E Mahoney & Joseph E Mcnamee Family Foundation Inc. is headquartered in LOWELL, MA. While based in MA, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Molly M Mcnamee | CLERK / DIRECTOR | $0 | $0 | N/A |
| Shelagh E Mahoney | PRESIDENT / DIRECTOR | $0 | $0 | N/A |
| Sean L Mcnamee | DIRECTOR | $0 | $0 | N/A |
| Michael M Mcnamee | TREASURER / DIRECTOR | $0 | $0 | N/A |
| Joseph Mcnamee | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1M
Total Assets
$546K
Fair Market Value
$566K
Net Worth
$546K
Grants Paid
$1M
Contributions
$1M
Net Investment Income
$14K
Distribution Amount
$26K
Total Grants
5
Total Giving
$8.2M
Average Grant
$1.6M
Median Grant
$2M
Unique Recipients
2
Most Common Grant
$2M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fairfield UniversitySUPPORT OF EDUCATIONAL PROGRAMS. | Fairfield, CT | $2M | 2022 |
| Academy Of Notre DameSUPPORT OF EDUCATIONAL PROGRAMS. | Tyngsborough, MA | $200K | 2021 |