Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The Mckenzie Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2014. The principal officer is Foundation Source. It holds total assets of $2.3M. Annual income is reported at $792K. The foundation is governed by 5 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 2016 to 2023. The foundation primarily funds organizations in Illinois and Virginia. According to available records, The Mckenzie Foundation has made 25 grants totaling $353K, with a median grant of $10K. Annual giving has grown from $113K in 2020 to $240K in 2022. Individual grants have ranged from $5K to $50K, with an average award of $14K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Illinois and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$16K
Largest Grant
$50K
Based on 7 grants from the most recent 990-PF filing.
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.
The Mckenzie Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in IL, VA.
The Mckenzie Foundation has distributed a total of $353K across 25 grants. The median grant size is $10K, with an average of $14K. Individual grants have ranged from $5K to $50K.
The Mckenzie Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Mckenzie Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Samuel Mckenzie | Dir | $0 | $0 | N/A |
| Alexandra Mckenzie | Dir | $0 | $0 | N/A |
| James T Mckenzie | Dir, VP | $0 | $0 | N/A |
| Joseph Mckenzie | Dir | $0 | $0 | N/A |
| Maureen E Mckenzie | Pres, Dir, Sec, Treas | $0 | $0 | N/A |
Total Giving
$132K
Total Assets
$2.4M
Fair Market Value
$2.5M
Net Worth
$2.4M
Grants Paid
$107K
Contributions
N/A
Net Investment Income
$203K
Distribution Amount
$117K
Total: $2.2M
Total Grants
25
Total Giving
$353K
Average Grant
$14K
Median Grant
$10K
Unique Recipients
9
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Rotary Foundation Of Rotary InternationalROTARY PEACE CERTIFICATE PROGRAM | Chicago, IL | $50K | 2022 |
| Barrington Area Community FoundationGeneral & Unrestricted | Barrington, IL | $15K | 2022 |
| Uncharted Learning Nfp2023 GRITS GRANT | Barrington, IL | $10K | 2022 |
| Folds Of Honor FoundationGeneral & Unrestricted | Inverness, IL | $10K | 2022 |
| The OrphanetworkGeneral & Unrestricted | Virginia Bch, VA | $10K | 2022 |
| Judson University A Baptist InstitutionRISE Program | Elgin, IL | $10K | 2022 |
| Schaumburgb Am Rotary Club FoundationThe McKenzie Foundation Vocational Tools for Trade | Schaumburg, IL | $5K | 2022 |
| Soul Harbour Ranch Animal Therapy ProgramGeneral & Unrestricted | Barrington, IL | $5K | 2022 |
| Childrens Advocacy Center Of North And Northwest Cearly education AND PREVENTION PROGRAM | Hoffman Est, IL | $5K | 2022 |