The Mcnamara Purcell Foundation
- Assets
- $11.8m
- Revenue
- $1.0m
- Investments
- $11.2m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/2000
- Data as of
- 12/2023
- EIN
- 36-7293187
Organization Overview
The Mcnamara Purcell Foundation is located in Chicago, IL. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Mcnamara Purcell 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 12/2023, Mcnamara Purcell Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $835.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mcnamara Purcell Foundation has awarded 145 individual grants totaling $4,343,419. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David P Purcell Trustee | 1 | $0 | |
Michael J Purcell Trustee | 1 | $0 | |
Paul M Purcell Trustee | 1 | $0 | |
Philip J Purcell Manager | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $140,360 |
| Interest on Savings | $0 |
| Dividends & Interest | $526,356 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $252,542 |
| Capital Gain Net Income | $252,542 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $117,005 |
| Total Revenue | $1,036,263 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $973 |
| Taxes | $30,224 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $26,543 |
| Total operating and administrative expenses | $57,740 |
| Contributions, gifts, grants paid | $777,419 |
| Total expenses and disbursements | $835,159 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $540,239 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,563,813 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,788,635 |
| Accounts payable and accrued expenses | $15 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15 |
Grants Awarded
Over the last fiscal year, The Mcnamara Purcell Foundation has awarded $777,419 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
BRAIN RESEARCH FOUNDATION PURPOSE: UNRESTRICTED | $25,000 |
CARL'S KIDS PURPOSE: UNRESTRICTED | $5,000 |
CHICAGO CHAPTER OF THE SPINAL CORD SOCIETY PURPOSE: UNRESTRICTED | $5,000 |
CONNIE DWYER BREAST CANCER FOUNDATION PURPOSE: UNRESTRICTED | $5,000 |
CYSTIC FIBROSIS FOUNDATION PURPOSE: UNRESTRICTED | $5,000 |
DECLAN DRUMM SULLIVAN MEMORIAL FOUNDATION PURPOSE: UNRESTRICTED | $10,000 |