Mcshane Foundation

Organization Overview

Mcshane Foundation is located in Rosemont, IL. The organization was established in 1989. 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. Mcshane Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Mcshane Foundation generated $198.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $142.3k during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $150,000
Interest on Savings $0
Dividends & Interest $40,793
Net Rental Income$0
Net Gain on Sale of Assets $8,050
Capital Gain Net Income $8,050
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $198,843

Grants Awarded

Over the last fiscal year, Mcshane Foundation has awarded $130,000 in support to 2 organizations.

Grant RecipientAmount

Chicago, IL

PURPOSE: UNRESTRICTED

$75,000

CONCERN WORLDWIDE

PURPOSE: UNRESTRICTED

$55,000
View Grant Profile

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