MacPherson Fund Inc
MacPherson Fund Inc is a private foundation, based in DOVER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $935K in total assets. In 2024, it awarded 32 grants totaling $56K. Net investment income was $35K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$935K
-3.1% YoY
Annual Giving
$56K
+5.7% YoY
Grant Count
32
+10.3% YoY
Avg Grant Size
$2K
-4.2% YoY
Under IRS private-foundation payout rules, MacPherson Fund Inc reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.
About MacPherson Fund Inc
Based on IRS filings
MacPherson Fund Inc is a private foundation, based in DOVER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $935K in total assets. In 2024, it awarded 32 grants totaling $56K. Net investment income was $35K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $935,240 | $965,292 | $984,402 |
| Revenue | $34,028 | $33,002 | $33,845 |
| Expenses | $59,892 | $56,302 | $54,148 |
| Qualifying Distributions | $55,961 | $52,961 | $52,478 |
| Net Investment Income | $35,325 | $33,002 | $33,845 |
| Distributable Amount | $49,496 | $54,625 | $50,905 |
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
139 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Children's Hospital Trust ($20,000), High Spirit Community Farm ($2,000), The Church of the Redeemer ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Animal Friends Alliance Fort Collins, CO | General Fund | $1,000 |
| Belmont Hill School Belmont, MA | General fund | $1,000 |
| Buffalo Bill Memorial Association Cody, WY | General Fund | $1,000 |
| Children's Hospital Trust Boston, MA | General fund | $20,000 |
| Dana Farber Cancer Institute Divof Devel& The Jimmy Fund Brookline, MA | General fund | $1,000 |
| Dexter Southfield School Brookline, MA | General Fund | $1,000 |
| Epilepsy Foundation New England Lowell, MA | General Fund | $1,000 |
| Folds of Honor Tulsa, OK | General Fund | $1,000 |
| Groton School Groton, MA | General fund | $1,978 |
| Heart Mountain Wyoming Foundation Powell, WY | General Fund | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Cordelia M Carroll | President | 1 | — |
| George H Carroll | Treasurer | 2 | — |
| MacPherson CB Carroll | Secretary | 1 | — |
Frequently Asked Questions
How large is MacPherson Fund Inc?
As of 2024, MacPherson Fund Inc holds $935K in total assets with $34K in annual revenue. It awarded 32 grants totaling $56K in 2024.
Where does MacPherson Fund Inc operate?
MacPherson Fund Inc has awarded grants in Colorado, Connecticut, Iowa, Kansas, Kentucky, Massachusetts, Maryland, Minnesota, Montana, New Hampshire, New York, Ohio, Oklahoma, Tennessee, Texas, Wyoming.
What size grants does MacPherson Fund Inc award?
In 2024, MacPherson Fund Inc awarded 32 grants totaling $56K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is MacPherson Fund Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, MacPherson Fund Inc reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is MacPherson Fund Inc's EIN?
MacPherson Fund Inc's EIN (Employer Identification Number) is 04-6043096. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in MacPherson Fund Inc'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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