David J & Nancy L McNally Foundation
David J & Nancy L McNally Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $373K in total assets. In 2024, it awarded 10 grants totaling $15K. Net investment income was $13K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$373K
-1.2% YoY
Annual Giving
$15K
-9.4% YoY
Grant Count
10
+11.1% YoY
Avg Grant Size
$2K
-18.4% YoY
Under IRS private-foundation payout rules, David J & Nancy L McNally Foundation reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
About David J & Nancy L McNally Foundation
Based on IRS filings
David J & Nancy L McNally Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $373K in total assets. In 2024, it awarded 10 grants totaling $15K. Net investment income was $13K.
Focus Areas
Ready to take the next step with David J & Nancy L McNally Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $373,479 | $378,001 | $396,830 |
| Revenue | $20,736 | $5,097 | $3,363 |
| Expenses | $22,636 | $23,926 | $18,422 |
| Qualifying Distributions | $15,314 | $16,894 | $11,197 |
| Net Investment Income | $13,414 | $3,056 | $3,268 |
| Distributable Amount | $18,319 | $18,786 | $20,059 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Neighborhood House ($6,000), Celestial Zoo ($5,536), Visual Art Institute ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Univ of Utah - David Eccles Salt Lake City, UT | Charitable Donation. | $100 |
| Neighborhood House Salt Lake City, UT | General Purpose. | $6,000 |
| Salt Lake Film Center Salt Lake City, UT | General Purpose | $500 |
| Visual Art Institute Salt Lake City, UT | General Purpose. | $1,000 |
| Red Butte Garden Salt Lake City, UT | General Purpose. | $280 |
| KUER 901 Salt Lake City, UT | General Purpose. | $420 |
| Cystic Fibrosis Utah Salt Lake City, UT | General Purpose | $256 |
| Celestial Zoo Eagle Mountain, UT | General Donation | $5,536 |
| Alpha Phi Foundation Denver, CO | General Donation | $988 |
| Community Nursing Services West Valley City, UT | Charitable Donation | $234 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| David J McNally | President | — | — |
| Nancy L McNally | Vice Pres | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is David J & Nancy L McNally Foundation?
David J & Nancy L McNally Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. It holds $373K in total assets as of 2024.
How large is David J & Nancy L McNally Foundation?
As of 2024, David J & Nancy L McNally Foundation holds $373K in total assets with $21K in annual revenue. It awarded 10 grants totaling $15K in 2024.
Where does David J & Nancy L McNally Foundation operate?
David J & Nancy L McNally Foundation has awarded grants in Colorado, Ohio, Utah.
What size grants does David J & Nancy L McNally Foundation award?
In 2024, David J & Nancy L McNally Foundation awarded 10 grants totaling $15K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is David J & Nancy L McNally Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, David J & Nancy L McNally Foundation reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is David J & Nancy L McNally Foundation's EIN?
David J & Nancy L McNally Foundation's EIN (Employer Identification Number) is 26-0789059. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in David J & Nancy L McNally Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Henry W & Leslie M Eskuche
MILWAUKEE, WI
Assets
$4.7M
Grants
90
Total Given
$598K
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
The Community Foundation of Utah
SALT LAKE CITY, UT
Assets
$190.4M
Grants
299
Total Given
$60.0M
Larry H Miller and Gail Miller Family Foundation
SANDY, UT
Assets
$773.9M
Grants
324
Total Given
$33.2M
George S and Dolores Dore
SALT LAKE CITY, UT
Assets
$966.8M
Grants
400
Total Given
$27.0M
David Kelby Johnson
SALT LAKE CITY, UT
Assets
—
Grants
69
Total Given
$1.7M
Herbert I & Elsa B Michael Foundation
MILWAUKEE, WI
Assets
$5.7M
Grants
86
Total Given
$469K
Lawrence & Janet Dee Foundation
SALT LAKE CITY, UT
Assets
$52.3M
Grants
1
Total Given
$3.0M
SJ and Jessie E Quinney Foundation
SALT LAKE CITY, UT
Assets
$68.7M
Grants
49
Total Given
$4.3M
Spencer F and Cleone P Eccles Family
SALT LAKE CITY, UT
Assets
$31.4M
Grants
29
Total Given
$377K
Janet Q Lawson Foundation
SALT LAKE CITY, UT
Assets
$59.0M
Grants
54
Total Given
$3.9M
More Funders in Utah
Data last updated April 2026. Sourced from IRS Form 990-PF filings.