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Thomas & Sarah Macmahon Fam Char Fdtn Trust is a private trust based in WILMINGTON, DE. The foundation received its IRS ruling in 2004. The principal officer is Foundation Source. It holds total assets of $3M. Annual income is reported at $3M. Total assets have decreased from $5.8M in 2011 to $2.7M in 2023. The foundation is governed by 4 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 2020 to 2023. The foundation primarily funds organizations in New Jersey and Florida. According to available records, Thomas & Sarah Macmahon Fam Char Fdtn Trust has made 90 grants totaling $5.9M, with a median grant of $4K. The foundation has distributed between $1.4M and $3M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $3M distributed across 52 grants. Individual grants have ranged from $500 to $1M, with an average award of $66K. The foundation has supported 33 unique organizations. The foundation primarily supports organizations in New Jersey, Massachusetts, New York, which account for 79% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$4K
Average Grant
$61K
Largest Grant
$1M
Based on 24 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.
Thomas & Sarah Macmahon Fam Char Fdtn Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 90 grants. Its grantmaking reaches organizations primarily in NJ, MA, NY.
Thomas & Sarah Macmahon Fam Char Fdtn Trust has distributed a total of $5.9M across 90 grants. The median grant size is $4K, with an average of $66K. Individual grants have ranged from $500 to $1M.
Thomas & Sarah Macmahon Fam Char Fdtn Trust typically selects its grantees rather than accepting unsolicited proposals.
Thomas & Sarah Macmahon Fam Char Fdtn Trust is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kelly Macmahon Ewing | Trustee | $0 | $0 | N/A |
| Lauren Macmahon Hand | Trustee | $0 | $0 | N/A |
| Sarah Macmahon | Trustee | $0 | $0 | N/A |
| Thomas P Macmahon | Trustee | $0 | $0 | N/A |
Total Giving
$1.5M
Total Assets
$2.7M
Fair Market Value
$3.2M
Net Worth
$2.7M
Grants Paid
$1.4M
Contributions
$501K
Net Investment Income
$593K
Distribution Amount
$169K
Total: $2.6M
Total Grants
90
Total Giving
$5.9M
Average Grant
$66K
Median Grant
$4K
Unique Recipients
33
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Saint Peters UniversityGeneral & Unrestricted | Jersey City, NJ | $1M | 2023 |
| Foundation For Morristown Medical CenterGeneral & Unrestricted | Morristown, NJ | $335K | 2023 |
| Seton Hall Preparatory SchoolGeneral & Unrestricted | West Orange, NJ | $25K | 2023 |
| Elon UniversityGeneral & Unrestricted | Elon, NC | $20K | 2023 |
| St Andrews Presbyterian CollegeGeneral & Unrestricted | Laurinburg, NC | $5K | 2023 |
| Fairfield UniversityGeneral & Unrestricted | Fairfield, CT | $5K | 2023 |
| Interfaith Food Pantry IncGeneral & Unrestricted | Morris Plains, NJ | $5K | 2023 |
| Shriners Hospitals For ChildrenGeneral & Unrestricted | Tampa, FL | $5K | 2023 |
| Paper Mill PlayhouseGeneral & Unrestricted | Millburn, NJ | $3K | 2023 |
| Stephen Siller Tunnel To Towers FoundationGeneral & Unrestricted | Staten Island, NY | $3K | 2023 |
| Operation Holiday IncGeneral & Unrestricted | Morristown, NJ | $3K | 2023 |
| St Jude Childrens Research Hospital IncGeneral & Unrestricted | Memphis, TN | $3K | 2023 |
| Link Education Partners IncGeneral & Unrestricted | Newark, NJ | $2K | 2023 |
| Community Foundation Of New JerseyGeneral & Unrestricted | Morristown, NJ | $1K | 2023 |
| St Peters Orphanage IncGeneral & Unrestricted | Denville, NJ | $1K | 2023 |
| Save Barnegat Bay IncGeneral & Unrestricted | Toms River, NJ | $1K | 2023 |
| Boston College TrusteesGeneral & Unrestricted | Chestnut Hill, MA | $28K | 2022 |
| Morristown-Beard SchoolGeneral & Unrestricted | Morristown, NJ | $9K | 2022 |
| Chatham Day School IncGeneral & Unrestricted | Chatham, NJ | $8K | 2022 |
| Kent Place SchoolGeneral & Unrestricted | Summit, NJ | $7K | 2022 |
| Life Camp IncGeneral & Unrestricted | Morristown, NJ | $4K | 2022 |
| American Society For The Prevention Of Cruelty ToGeneral & Unrestricted | New York, NY | $4K | 2022 |
| Project Hope The People To People Health FoundatioCrisis in Ukraine Support | Washington, DC | $3K | 2022 |