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The Mcnamara Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2022. The principal officer is Foundation Source. It holds total assets of $290K. Annual income is reported at $336K. The foundation is governed by 2 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 2021 to 2024. According to available records, The Mcnamara Foundation has made 7 grants totaling $38K, with a median grant of $5K. Annual giving has grown from $10K in 2022 to $28K in 2023. Individual grants have ranged from $3K to $10K, with an average award of $5K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Michigan. 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.
The Mcnamara Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in MI.
The Mcnamara Foundation has distributed a total of $38K across 7 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $3K to $10K.
The Mcnamara Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Mcnamara Foundation is headquartered in WILMINGTON, DE.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Daniel Mcnamara | Dir, Pres, Treas | $0 | $0 | N/A |
| Amy Mcnamara | Dir, Sec | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$290K
Fair Market Value
N/A
Net Worth
$290K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
7
Total Giving
$38K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
5
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bethany Christian Services Incfor vulnerable kids in Southeast Michigan, specifically around foster care and safe families | Grand Rapids, MI | $10K | 2023 |
| Vista MariaCharitable Event | Dearborn Hts, MI | $6K | 2023 |
| House Of ProvidenceCharitable Event | Oxford, MI | $5K | 2023 |
| Resurrection ChurchGeneral & Unrestricted | Lincoln Park, MI | $5K | 2023 |
| Washtenaw Community College FoundationCharitable Event | Ann Arbor, MI | $3K | 2023 |