David and Kathryn McCartney Foundation

Private foundation · Grantmaker Chalfont, PA EIN: 46-5452633

David and Kathryn McCartney Foundation is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in Chalfont, PA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $214K in total assets. In 2025, it awarded 2 grants totaling $31K. Net investment income was $16K.

Key facts about David and Kathryn McCartney Foundation

In short: David and Kathryn McCartney Foundation gave $31K across 2 grants in 2025 (avg $16K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
46-5452633
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$31,000
Grants made (2025)
2
Average grant
$15,500
Median grant
$15,500
Total assets
$213,502
Primary geography
New York (52% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$214K

-10.7% YoY

Annual Giving

$31K

-11.4% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$16K

-11.4% YoY

Under IRS private-foundation payout rules, David and Kathryn McCartney Foundation reported a distributable amount of $16K for 2025 — the minimum it must pay out in qualifying distributions.

How David and Kathryn McCartney Foundation gives

  • Giving grew 55% from 2022 to 2025. Method
  • In 2025 it paid out 686% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

EsopusManhassetFlintNew BritainSwarthmore

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K2 grants2019 2 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $20K (2022) to $35K (2024). In 2025 it made 2 grants totaling $31K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

MBCE Mid Hudson Valley Camp Inc: $16KMBCE Mid Hudson Valley CampInc$16KDeaf Hearing Communication Centre: $15KDeaf Hearing CommunicationCentre$15K

The largest 2025 recipient was MBCE Mid Hudson Valley Camp Inc ($16K). Together the top 2 received $31K.

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
MBCE Mid Hudson Valley Camp Inc Esopus, NYCapital Purchases$16,000
Deaf Hearing Communication Centre Swarthmore, PAOperations$15,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$213,502$239,163$283,509
Revenue$70,184$22,528$12,952
Expenses$95,845$66,874$37,383
Qualifying Distributions$107,279$61,652$32,102
Net Investment Income$15,858$17,306$8,273
Distributable Amount$15,635$17,171$17,533

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS June 15, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 4, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 15, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 24, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 24, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

David and Kathryn McCartney Foundation is led by Norman R. Veit Jr., President & Treasurer on every filing since 2019; 1 of 2 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Norman R. Veit Jr.

    President & Treasurer

    On filings since 2019

    1 hr/week

    $15K (2024) → $15K (2025)

  • Lois Ann C. Veit

    Vice President & Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Norman R Veit Jr — President/Treasurer: $15KNorman R Veit JrPresident/Treasurer$15K

The highest reported compensation on the 2025 filing was $15K, to Norman R Veit Jr (President/Treasurer).

Frequently asked questions about David and Kathryn McCartney Foundation

How much does David and Kathryn McCartney Foundation give each year?

David and Kathryn McCartney Foundation gave $31K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $35K across 2 grants.

How large is David and Kathryn McCartney Foundation?

David and Kathryn McCartney Foundation reported $214K in total assets on its 2025 IRS Form 990-PF. It paid out $107K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets).

What is David and Kathryn McCartney Foundation?

David and Kathryn McCartney Foundation is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in Chalfont, PA. It holds $214K in total assets as of 2025.

Where does David and Kathryn McCartney Foundation operate?

David and Kathryn McCartney Foundation has awarded grants in Michigan, New York, Pennsylvania.

What is David and Kathryn McCartney Foundation's EIN?

David and Kathryn McCartney Foundation's EIN (Employer Identification Number) is 46-5452633. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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