McCarthy Family Charitable Foundation
McCarthy Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURKE, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $933K in total assets. In 2024, it awarded 11 grants totaling $14K. Net investment income was $26K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$933K
+9.9% YoY
Annual Giving
$14K
-34.3% YoY
Grant Count
11
-35.3% YoY
Avg Grant Size
$1K
+1.5% YoY
Under IRS private-foundation payout rules, McCarthy Family Charitable Foundation reported a distributable amount of $43K for 2024 — the minimum it must pay out in qualifying distributions.
About McCarthy Family Charitable Foundation
Based on IRS filings
McCarthy Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURKE, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $933K in total assets. In 2024, it awarded 11 grants totaling $14K. Net investment income was $26K.
Focus Areas
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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 | $933,024 | $848,872 | $806,388 |
| Revenue | $35,765 | $23,165 | $40,777 |
| Expenses | $25,122 | $31,657 | $59,353 |
| Qualifying Distributions | $14,964 | $22,143 | $48,072 |
| Net Investment Income | $25,850 | $13,651 | $29,843 |
| Distributable Amount | $42,897 | $40,151 | $44,781 |
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
62 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Young Life Colorado Springs ($3,632), Redeemer Bible Church ($3,000), Mansfield Cares ($2,800).
| Recipient | Purpose | Amount |
|---|---|---|
| Mansfield Cares Mansfield, TX | Community Charitable | $2,800 |
| Redeemer Bible Church Spotsylvania CTHSE, VA | Furtherance of Exempt Purposes | $3,000 |
| Young Life Fredericksburg Fredericksburg, VA | Charitable - Youth | $1,000 |
| American Values Merrifield, VA | Democracy - Founding Principles | $100 |
| American Studio Gig Harbor, WA | Arts & Culture | $1,250 |
| Fredericksburg Regional Food Bank Fredericksburg, VA | Foodbank | $500 |
| American Battlefield Washington, DC | Battlefield Preservation | $125 |
| Defending Education Arlington, VA | Children's Education | $1,000 |
| Spoken Gospel Oklahoma City, OK | Bible Studies | $100 |
| You Version Edmond, OK | Bible Studies | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bonnie J Cook | Trustee | — | — |
| Kevin J McCarthy | Foundation Mgr. | — | — |
| Debra L McCarthy | Foundation Mgr. | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is McCarthy Family Charitable Foundation?
McCarthy Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURKE, VA. It holds $933K in total assets as of 2024.
How large is McCarthy Family Charitable Foundation?
As of 2024, McCarthy Family Charitable Foundation holds $933K in total assets with $36K in annual revenue. It awarded 11 grants totaling $14K in 2024.
Where does McCarthy Family Charitable Foundation operate?
McCarthy Family Charitable Foundation has awarded grants in Arizona, California, Colorado, District of Columbia, Florida, Georgia, Illinois, Michigan, Missouri, New Jersey, Ohio, Oklahoma, Pennsylvania, Tennessee, Texas, Virginia, Washington.
What size grants does McCarthy Family Charitable Foundation award?
In 2024, McCarthy Family Charitable Foundation awarded 11 grants totaling $14K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is McCarthy Family Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, McCarthy Family Charitable Foundation reported a distributable amount of $43K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is McCarthy Family Charitable Foundation's EIN?
McCarthy Family Charitable Foundation's EIN (Employer Identification Number) is 54-6461406. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in McCarthy Family Charitable 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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