David J & Nancy L McNally Foundation

Foundation · Grantmaker SALT LAKE CITY, UT EIN: 26-0789059

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.

Key facts about David J & Nancy L McNally Foundation

EIN: 26-0789059
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $15,314
Grants made (2024): 10
Average grant: $1,531
Median grant: $460
Total assets: $373,479
Primary geography: Utah (94% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who David J & Nancy L McNally Foundation funds

By grant dollars, the top recipient states for David J & Nancy L McNally Foundation's 10 itemized 2024 grants were Utah (94%) and Colorado (6%). The most frequent recipient cities were Salt Lake City, UT (7 grants). 80% of grants with a stated purpose were for general or operating support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$373K

-1.2% YoY

Annual Giving

$15K

-9.4% YoY

Grant Count

+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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Utah $91K (99%)

Colorado $988 (1%)

Ohio $200 (0%)

States

Colorado Ohio Utah

Cities

Salt Lake CityMount CarmelPeoaColumbusDenverEagle MountainWest Valley City

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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 recipients include Neighborhood House ($6,000), Celestial Zoo ($5,536), Visual Art Institute ($1,000).

Recipient	Purpose	Amount
Neighborhood House Salt Lake City, UT	General Purpose.	$6,000
Celestial Zoo Eagle Mountain, UT	General Donation	$5,536
Visual Art Institute Salt Lake City, UT	General Purpose.	$1,000
Alpha Phi Foundation Denver, CO	General Donation	$988
Salt Lake Film Center Salt Lake City, UT	General Purpose	$500
KUER 901 Salt Lake City, UT	General Purpose.	$420
Red Butte Garden Salt Lake City, UT	General Purpose.	$280
Cystic Fibrosis Utah Salt Lake City, UT	General Purpose	$256
Community Nursing Services West Valley City, UT	Charitable Donation	$234
Univ of Utah - David Eccles Salt Lake City, UT	Charitable Donation.	$100

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

Philanthropy, Voluntarism & Grantmaking

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.