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The Mcmahon Family Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1987. The principal officer is Ernst & Young Us Llp. It holds total assets of $26K. Annual income is reported at $96K. Total assets have decreased from $243K in 2011 to $24K in 2023. The foundation is governed by 1 officer or trustee. Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other organizations exempt under internal. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2019 to 2023. According to available records, The Mcmahon Family Foundation has made 15 grants totaling $272K, with a median grant of $9K. Annual giving has grown from $54K in 2019 to $98K in 2022. Individual grants have ranged from $1K to $50K, with an average award of $18K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in District of Columbia and New York. Contributions to this foundation are tax-deductible.
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other organizations exempt under internal
Revenue code section 501(c)(3).
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other organizations exempt under internal. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in DC, NY.
The Mcmahon Family Foundation has distributed a total of $272K across 15 grants. The median grant size is $9K, with an average of $18K. Individual grants have ranged from $1K to $50K.
The Mcmahon Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Mcmahon Family Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary D Mcmahon | TRUSTEE | $0 | $0 | N/A |
Total Giving
$210
Total Assets
$24K
Fair Market Value
$40K
Net Worth
$24K
Grants Paid
N/A
Contributions
$170
Net Investment Income
$1K
Distribution Amount
$2K
Total: $10K
Total Grants
15
Total Giving
$272K
Average Grant
$18K
Median Grant
$9K
Unique Recipients
6
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Oceana IncGENERAL PURPOSE | Washington, DC | $49K | 2022 |
| Sereolipi Nomadic Education Foundation IncGENERAL PURPOSE | New York, NY | $9K | 2021 |
| Gigi'S Playhouse NycGENERAL PURPOSE | New York, NY | $10K | 2020 |
| Shining Hope For CommunitiesGENERAL PURPOSE | New York, NY | $10K | 2019 |
| We Are Family FoundationGENERAL PURPOSE | New York, NY | $4K | 2019 |
| Amanda And James IncGENERAL PURPOSE | New York, NY | $1K | 2019 |