James & Madeleine McMullan Family Foundation
The James & Madeleine McMullan Family Foundation is a private 501(c)(3) foundation established in Illinois in 1987. Based in Lake Forest, Illinois, the foundation provides grants to nonprofit organizations and educational institutions, with a particular focus on supporting communities in the Chicago area and Mississippi.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.6M
-4.2% YoY
Annual Giving
$1.8M
-90.5% YoY
Grant Count
32
-23.8% YoY
Avg Grant Size
$55K
-87.6% YoY
Under IRS private-foundation payout rules, James & Madeleine McMullan Family Foundation reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary purpose is to provide grants for college tuition and expenses and other charitable donations to 501(c)(3) organizations. Key funding areas include:
- Education, including higher education
- Children and youth
- Arts and culture
- Religion
- Human services
- Philanthropy and voluntarism
The foundation also provides scholarships to students attending Newton County High School.
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Chicago, Illinois and the broader Lake County area
- Jackson, Mississippi
- Mississippi (including Newton County)
- District of Columbia
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $10,642,667
- Total giving: $1,757,176
- Revenue: $1.37 million
- Expenses: $1.84 million
- Total liabilities: $0
As of 2023:
- Total assets: $11,110,721
- Total revenues: $8,502,212
- Total expenses: $18,804,115
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,642,667 | $11,110,721 | $21,412,624 |
| Revenue | $1,373,276 | $8,502,212 | $5,415,698 |
| Expenses | $1,841,330 | $18,804,115 | $1,593,793 |
| Qualifying Distributions | $1,778,051 | $18,624,683 | $1,395,466 |
| Net Investment Income | $262,402 | $5,708,880 | $3,447,397 |
| Distributable Amount | $1,019,563 | $1,257,574 | $1,624,864 |
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
213 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include McMullanO'Connor Family Fund ($523,471), Lake County Community Foundation ($500,000), The Art Institute of Chicago ($355,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Gabrielle Kennedy Newton, MS | COLLEGE TUITION AND EXPENSES | $5,000 |
| Cristshian Quinones Newton, MS | COLLEGE TUITION AND EXPENSES | $5,000 |
| Angelina Williams Newton, MS | college tuition and expenses | $5,000 |
| Desmond Moore Newton, MS | college tuition and expenses | $5,000 |
| Van Truong Newton, MS | college tuition and expenses | $5,000 |
| Jackson Walker Newton, MS | COLLEGE TUITION AND EXPENSES | $5,000 |
| My Linh Niolet Newton, MS | COLLEGE TUITION AND EXPENSES | $5,000 |
| Jasmyn Montiforte Newton, MS | COLLEGE TUITION AND EXPENSES | $5,000 |
| Jaylin Acker Newton, MS | COLLEGE TUITION AND EXPENSES | $5,000 |
| Amyah Jones Newton, MS | COLLEGE TUITION AND EXPENSES | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Carlette McMullan | Trustee | 1 | — |
| John Gibbons | Trustee | 0.5 | — |
| Madeleine Gibbons | Trustee | 0.5 | — |
Recent News & Activity
Recent developments and announcements
In July 2022, the Lake County Community Foundation and the McMullan Donor Advised Fund partnered to award over $1 million in grants to 33 local nonprofits serving Lake County. This represented a historic, record-breaking year of investment for the foundation, occurring during a period when the foundation had seen a 250% increase in funding requests since 2019.
McMahon Foundation approves $85,000 in grants for 3 organizationsThe foundation has committed significant support to educational initiatives, including a $1 million commitment to Millsaps College and ongoing scholarship funding for students in Mississippi through the James and Madeleine McMullan Family Scholarship Fund.
Scholarship Fund Empowers \u201CStrivers\u201D in MississippiContact Information
Address: 1150 E Westleigh Rd, Lake Forest, IL 60045-3332
Phone: 312-236-1600
Frequently Asked Questions
What does James & Madeleine McMullan Family Foundation fund?
The foundation's primary purpose is to provide grants for college tuition and expenses and other charitable donations to 501(c)(3) organizations. Key funding areas include: • Education, including higher education • Children and youth • Arts and culture • Religion • Human services • Philanthropy and voluntarism The foundation also provides scholarships to students attending Newton County High School.
How do I apply for a grant from James & Madeleine McMullan Family Foundation?
**Grant Activity:** • Made 41 grants in 2023 • Total giving: $1,757,176 (2024) • Typical award range: $205–$17,595,973 **Types of Support:** • General operating support • Project support • College tuition and expense grants • Scholarships **Recent Grantees:** • The Lake County Community Foundation ($500,000) • Community Foundation for Mississippi ($60,000) • Eudora Welty Foundation ($40,000) • The Art Institute of Chicago • Millsaps College ($1,000,000 commitment)
Where does James & Madeleine McMullan Family Foundation make grants?
The foundation primarily funds organizations in: • Chicago, Illinois and the broader Lake County area • Jackson, Mississippi • Mississippi (including Newton County) • District of Columbia
What size grants does James & Madeleine McMullan Family Foundation award?
In 2024, James & Madeleine McMullan Family Foundation awarded 32 grants totaling $1.8M — an average of about $55K per grant, based on its IRS Form 990 filings.
How much is James & Madeleine McMullan Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, James & Madeleine McMullan Family Foundation reported a distributable amount of $1.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is James & Madeleine McMullan Family Foundation's EIN?
James & Madeleine McMullan Family Foundation's EIN (Employer Identification Number) is 36-3506203. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in James & Madeleine McMullan Family Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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