John D & Catherine T Macarthur Foundation
- Assets
- $7.2b
- Revenue
- $595.4m
- Investments
- $5.6b
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 02/1971
- Data as of
- 12/2019
- EIN
- 23-7093598
Organization Overview
John D & Catherine T Macarthur Foundation is located in Chicago, IL. The organization was established in 1971. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, John D & Catherine T Macarthur Foundation generated $595.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $282.3m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, John D & Catherine T Macarthur Foundation has awarded 11,722 individual grants totaling $2,883,406,735. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT 32
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan E Manske Vp/chief Investment Officer | 50 | $1,544,734 | |
Julia M Stasch Director/president Until 8/31/2019 | 50 | $864,768 | |
Jonathan Leight Managing Director, A | 40 | $787,283 | |
Mark Franke Managing Director, P | 40 | $742,804 | |
David Greenwald Managing Director, A | 40 | $699,450 | |
Eric Vaang Managing Director, I | 40 | $691,314 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rti International | 12/30/19 | $1,414,340 |
Encompass Llc | 12/30/19 | $1,467,140 |
Grassroots Solutions | 12/30/19 | $1,402,544 |
The Bridgespan Group | 12/30/19 | $1,167,687 |
Mindtree Limited | 12/30/19 | $1,067,013 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $25,090,072 |
| Dividends & Interest | $6,674,335 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $328,803,823 |
| Capital Gain Net Income | $277,817,467 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $234,829,458 |
| Total Revenue | $595,397,688 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,653,072 |
| Other employee salaries and wages | $27,665,278 |
| Pension plans, employee benefits | $19,807,317 |
| Interest | $1,644,363 |
| Taxes | $30,312 |
| Depreciation | $1,961,422 |
| Occupancy | $887,880 |
| Travel, conferences, and meetings | $3,485,570 |
| Printing and publications | $82,606 |
| Other expenses | $2,514,853 |
| Total operating and administrative expenses | $79,307,271 |
| Contributions, gifts, grants paid | $203,037,882 |
| Total expenses and disbursements | $282,345,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,057,117 |
| Savings and temporary cash investments | $1,422,286,005 |
| Net Accounts receivable | $7,023,704 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $3,113,145 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,720,207 |
| Net Investments - land, buildings, equipment | $2,832,952 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,355,749,897 |
| Net Land, buildings, and equipment | $18,406,249 |
| Other assets | $141,852,177 |
| Total assets | $7,208,352,632 |
| Accounts payable and accrued expenses | $16,599,872 |
| Grants payable | $429,718,750 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $46,217,170 |
| Other liabilities | $62,302,564 |
| Total liabilities | $554,838,356 |
Grants Awarded
Over the last fiscal year, John D & Catherine T Macarthur Foundation has awarded $428,727,388 in support to 1,636 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: TO ENHANCE CAREGIVER-CHILD ENGAGEMENT AND IMPROVE CHILDREN'S LEARNING AND SOCIO-EMOTIONAL OUTCOMES BY IMPLEMENTING A LARGE-SCALE EARLY CHILDHOOD INTERVENTION IN THE SYRIAN RESPONSE REGION. | $25,107,013 |
ACENTO ACCION LOCAL ASOCIACION CIVIL PURPOSE: TO STRENGTHEN HUMAN RIGHTS ACTIVISM IN MEXICO THROUGH DIVERSIFYING PHILANTHROPIC STRATEGIES AND INCREASING EQUITY IN ACCESS TO FUNDS AND RESOURCES FOR THE MEXICAN STATES. | $10,000,000 |
New York, NY PURPOSE: IN SUPPORT OF ITS PROJECT, CLIMATE NEXUS. | $7,000,000 |
New York, NY PURPOSE: IN SUPPORT OF BUILDING MOMENTUM FOR CLIMATE SOLUTIONS. | $6,000,000 |
Washington, DC PURPOSE: TO SUPPORT EXPANSION OF BIOFORTIFIED CROPS IN SIX SUB-SAHARAN AFRICAN COUNTRIES AND DECREASE LEVELS OF VITAMIN A, ZINC, AND IRON DEFICIENCIES IN CHILDREN. | $5,000,000 |
Chicago, IL PURPOSE: IN SUPPORT OF OPERATIONS FOR A NEW ENTITY WHOSE PURPOSE IS TO UNLOCK PHILANTHROPIC CAPITAL FOR GLOBAL SOCIAL CHALLENGES THROUGH A VARIETY OF MECHANISMS, INCLUDING CUSTOM COMPETITIONS AND MATCHING PHILANTHROPISTS TO AMBITIOUS FUNDING OPPORTUNITIES. | $5,000,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that John D & Catherine T Macarthur Foundation has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Pinh Foundation Jupiter, FL PURPOSE: CHARITABLE CONTRIBUTION | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lilly Endowment Inc Indianapolis, IN | $21,002,095,929 | $929,189,401 |
John D & Catherine T Macarthur Foundation Chicago, IL | $7,208,352,632 | $595,397,688 |
Abbvie Patient Assistance Foundation North Chicago, IL | $3,302,188 | $138,953,625 |
Lumina Foundation For Education Inc Indianapolis, IN | $1,274,092,392 | $124,890,321 |
Grainger Foundation Inc Lake Forest, IL | $173,157,729 | $10,585,156 |
Fulk Family Foundation Inc Chicago, IL | $0 | $12,792,339 |
Enterprise Holdings Foundation Clayton, MO | $382,656,366 | $81,414,813 |
Hall Family Foundation Kansas City, MO | $881,677,518 | $43,313,571 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Allstate Foundation Northbrook, IL | $133,045,947 | $53,226,668 |
Pritzker Foundation Chicago, IL | $403,405,415 | $26,713,176 |
Abbott Fund Abbott Park, IL | $13,073,678 | $10,307,719 |