M a & G a Ackerman Memorial Fund

DALLAS, TX EIN: 36-6039158

The M A & G A Ackerman Memorial Fund is a private foundation based in Dallas, Texas, with administrative operations in Providence, Rhode Island. Established in 1937 under the will of Mrs. Mary A. Ackermann, the foundation supports charitable organizations with a focus on health care and human services programming.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.2M

-6.4% YoY

Grant Count

35

+25.0% YoY

Avg Grant Size

$35K

-25.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation was established to support quality health care and human services programming for underserved populations. According to Mrs. Ackermann's wishes, the fund prioritizes charitable organizations operated or controlled by the Roman Catholic Church and/or its members, or charitable organizations operated or controlled by a Protestant Church and/or its members. Special consideration is given to hospitals.

Primary funding focus areas include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

Review Cycle

June 1

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Geographic Focus

Where this funder awards grants

Organizations must be geographically located within the city limits of:

  • New York City
  • Chicago

The foundation also has documented giving activity in Illinois, New York, and Colorado.

Grant Distribution by State

5states

Cities

BROOKLYNBrooklynCHICAGOChicagoChicago ILDENVERDES PLAINESDes PlainesElk Grove VillageNEW YORKNORTHBROOKNew YorkNew York CityPROVIDENCEROSLYNSAINT LOUISSCHAUMBURG

Financial History

Multi-year comparison from IRS filings

  • Total assets: $26,164,998
  • Total giving: $1,222,000 (based on most recent IRS 990 filing from 2024)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$346K$693K$1M$1M1 grants20201 grants20211 grants202228 grants202335 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GOOD SHEPHERD SERVICES$100KLUTHERAN SOCIAL SERVICES…$100KCATHEDRAL CHURCH OF ST J…$80KBISHOP ANDERSON FOUNDATION$70KNEW YORK FOUNDLING HOSPI…$60KST FRANCIS HOSPITAL FOUN…$50KCABRINI IMMIGRANT SERVIC…$50KST ANTHONY HOSPITAL$49KLAWNDALE CHRISTIAN HEALT…$47KTERENCE CARDINAL COOKE H…$45K

Grant Size Distribution

66 grants across all recorded years

45<$50K14$50–100K4$100–250K$250–500K$500K–1M3$1–5M$5M+

Open Grants

1 open opportunity from M a & G a Ackerman Memorial Fund

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BANK OF AMERICATRUSTEE$117K

From 2024 filing

NameTitleHoursCompensation
BANK OF AMERICATRUSTEE1$116,678

Recent Activity

Recent developments and announcements

The foundation maintains an active grant opportunity and continues to accept applications through its established annual deadline process.

The Ackerman Foundation Announces 2023 Grant Winners - Ackerman Foundation

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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