Mccarthy Family Foundation
- Assets
- $0.0
- Revenue
- $1.6m
- Investments
- $2.0m
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 12/1988
- Data as of
- 12/2020
- EIN
- 95-4182410
Organization Overview
Mccarthy Family Foundation is located in San Diego, CA. The organization was established in 1988. 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. Mccarthy Family 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 12/2020, Mccarthy Family Foundation generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $4.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mccarthy Family Foundation has awarded 181 individual grants totaling $10,122,650. 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 |
|---|---|---|---|
Rachel Mccarthy Henneforth President | 10 | $0 | |
Drew Sutter Treasurer/chief Financial | 1 | $0 | |
Jane D Mccarthy Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,439 |
| Dividends & Interest | $5,351 |
| Profit on Inventory Sales | $0 |
| Other Income | $57,650 |
| Total Revenue | $1,609,640 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $12,099 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $183,037 |
| Contributions, gifts, grants paid | $4,017,500 |
| Total expenses and disbursements | $4,200,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,835,006 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,983,795 |
| Other assets | $7,490 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mccarthy Family Foundation has awarded $3,160,250 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
SAN DIEGO GRANTMAKERS PURPOSE: FUNDERS TOGETHER TO END HOMELESSNESS SAN DIEGO | $1,000,000 |
Los Angeles, CA PURPOSE: UCLA AIDS INSTITUTE | $1,000,000 |
Poway, CA PURPOSE: SCIENCE EDUCATION | $1,000,000 |
San Diego, CA PURPOSE: NANCY JAMISON FUND FOR SOCIAL EQUITY | $100,000 |
POWAY CENTER OF THE PERFORMING ARTS PURPOSE: GENERAL SUPPORT | $39,750 |
POWAY HIGH SCHOOL PTSA PURPOSE: 2021 GRAD NITE | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mccarthy Family Foundation has recieved totaling $52,000.
| Awarding Organization | Amount |
|---|---|
National Football League Alumni Inc Mount Laurel, NJ PURPOSE: GENERAL SUPPORT | $50,000 |
Kane Family Foundation Inc Miami, FL PURPOSE: GENERAL PURPOSE | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |