Catherine & James Mccormick Charita

GRAPEVINE, TX EIN: 04-3598019

Catherine & James Mccormick Charita is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAPEVINE, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 1 grants totaling $200K. Net investment income was $74K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-7.0% YoY

Annual Giving

$200K

+659.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$200K

+659.6% YoY

Under IRS private-foundation payout rules, Catherine & James Mccormick Charita reported a distributable amount of $109K for 2024 — the minimum it must pay out in qualifying distributions.

About Catherine & James Mccormick Charita

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $331K (100%)

States

Texas

Cities

DallasHouston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,277,716	$1,373,635	$1,332,781
Revenue	$107,308	$70,520	$154,312
Expenses	$203,227	$30,942	$3,642
Qualifying Distributions	$203,227	$26,328	—
Net Investment Income	$74,081	$58,135	$151,380
Distributable Amount	$108,635	$93,713	$86,646

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ut Southwestern Medical Center ($200,000).

Recipient	Purpose	Amount
UT SOUTHWESTERN MEDICAL CENTER DALLAS, TX	CHARITABLE - MEDICAL RESEARCH	$200,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ROBERT J MCCORMICK	CHAIRPERSON	—	—
DANIEL E MCCORMICK	PRESIDENT	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Catherine & James Mccormick Charita?

Catherine & James Mccormick Charita is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAPEVINE, TX. It holds $1.3M in total assets as of 2024.

How large is Catherine & James Mccormick Charita?

As of 2024, Catherine & James Mccormick Charita holds $1.3M in total assets with $107K in annual revenue. It awarded 1 grants totaling $200K in 2024.

Where does Catherine & James Mccormick Charita operate?

Catherine & James Mccormick Charita has awarded grants in Texas.

What size grants does Catherine & James Mccormick Charita award?

In 2024, Catherine & James Mccormick Charita awarded 1 grants totaling $200K — an average of about $200K per grant, based on its IRS Form 990 filings.

How much is Catherine & James Mccormick Charita required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Catherine & James Mccormick Charita reported a distributable amount of $109K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Catherine & James Mccormick Charita's EIN?

Catherine & James Mccormick Charita's EIN (Employer Identification Number) is 04-3598019. IRS Form 990 filing data is available on this page for 2020–2024.