Macdonald Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 17 grants totaling $53K. Net investment income was $136K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+7.2% YoY
Annual Giving
$53K
-1.4% YoY
Grant Count
17
+0.0% YoY
Avg Grant Size
$3K
-1.4% YoY
Under IRS private-foundation payout rules, Macdonald Family Foundation reported a distributable amount of $65K for 2024 — the minimum it must pay out in qualifying distributions.
About Macdonald Family Foundation
Based on IRS filings
Macdonald Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 17 grants totaling $53K. Net investment income was $136K.
Focus Areas
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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 | $1,093,074 | $1,019,486 | $1,044,991 |
| Revenue | $143,460 | $45,135 | $287,683 |
| Expenses | $69,738 | $70,781 | $70,284 |
| Qualifying Distributions | $62,406 | $62,605 | $60,241 |
| Net Investment Income | $135,938 | $37,547 | $78,734 |
| Distributable Amount | $65,049 | $62,140 | $66,390 |
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
81 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Portsmouth Music Hall ($10,000), Waypoint ($7,000), Gather For A Hunger Free Community ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WAYPOINT MANCHESTER, NH | GENERAL OPERATING | $7,000 |
| Gather For A Hunger Free Community Portsmouth, NH | GENERAL OPERATING PURPOSES | $5,000 |
| SEACOAST MENTAL HEALTH PORTSMOUTH, NH | GENERAL OPERATING | $3,000 |
| GREATER SEACOAST COMMUNITY HEALTH SOMERSWORTH, NY | GENERAL OPERATING | $2,000 |
| HAVEN- VIOLENCE PREVENTION AND SUPPORT PORTSMOUTH, NH | GENERAL OPERATING | $500 |
| PRESCOTT ARTS FESTIVAL PORTSMOUTH, NH | GENERAL OPERATING | $2,000 |
| PORTSMOUTH MUSIC HALL PORTSMOUTH, NH | GENERAL OPERATING | $10,000 |
| CASA OF NH MANCHESTER, NH | GENERAL OPERATING | $2,000 |
| Farmsteads Of New England Hillsbo, NH | GENERAL OPERATING | $2,000 |
| Seacoast Family Promise Stratham, NH | GENERAL OPERATING | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA N A | CO-TRUSTEE | 2 | $16,510 |
| ERIC J MACDONALD | CO-TRUSTEE | 2 | — |
| DEANNA L MACDONALD | CO-TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Macdonald Family Foundation?
Macdonald Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $1.1M in total assets as of 2024.
How large is Macdonald Family Foundation?
As of 2024, Macdonald Family Foundation holds $1.1M in total assets with $143K in annual revenue. It awarded 17 grants totaling $53K in 2024.
Where does Macdonald Family Foundation operate?
Macdonald Family Foundation has awarded grants in District of Columbia, Massachusetts, Maine, New Hampshire, New York.
What size grants does Macdonald Family Foundation award?
In 2024, Macdonald Family Foundation awarded 17 grants totaling $53K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Macdonald Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Macdonald Family Foundation reported a distributable amount of $65K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Macdonald Family Foundation's EIN?
Macdonald Family Foundation's EIN (Employer Identification Number) is 22-3742392. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Macdonald Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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