The McChord Foundation is a private foundation based in Norwalk, Connecticut. Established in May 2022, it is a newly formed family foundation with a 501(c)(3) designation. The foundation was capitalized through proceeds from the acquisition of Datto Inc., a Norwalk-based data backup and cybersecurity company.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$6.6M
+50.3% YoY
Grant Count
20
-62.3% YoY
Avg Grant Size
$331K
+298.3% YoY
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation has made 57 grants totaling $4.8 million. Annual giving has grown significantly since inception, from $425,000 in 2022 to $4.4 million in 2023 and $6.62 million in 2024.
Grant Range
s & Patterns:**
Average Grant
$85,000
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in Connecticut, New York, and Pennsylvania, which account for 40% of all grants. Grantmaking reaches organizations across 17 states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total assets: $182,011,839
- Total revenues: $15,459,876
- Total expenses: $7,660,975
- Investment income and dividends: $4,769,283
- Net gain from sale of non-inventory assets: $10,690,593
Assets & Revenue (2023):
- Total assets: $174,000,000
- Total revenues: $6,284,553
- Total expenses: $5,500,000
The foundation has no employees and no liabilities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Museum of Science ($1,200,000), Donorschoose ($1,000,000), Beloved Asheville ($750,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A BETTER CHANCE OF WILTON WILTON, CT | GENERAL | $120,000 |
| BELOVED ASHEVILLE ASHVILLE, NC | GENERAL | $750,000 |
| BETH ISRAEL DEACONESS MEDICAL CENTER BOSTON, MA | GENERAL | $250,000 |
| CATHERINE VIOLET HUBBARD FOUNDATION NEWTOWN, CT | GENERAL | $50,000 |
| DONORSCHOOSE NEW YORK, NY | GENERAL | $1,000,000 |
| EDESIA NUTRITION NORTH KINGSTOWN, RI | GENERAL | $50,000 |
| FRASER WOODS MONTESSORI SCHOOL NEWTOWN, CT | GENERAL | $100,000 |
| FRASER WOODS MONTESSORI SCHOOL NEWTOWN, CT | GENERAL | $70,000 |
| FRIENDS OF THE NORWALK RIVER VALLEY TRAIL GEORGETOWN, CT | GENERAL | $100,000 |
| HEIFER PROJECT INTERNATIONAL LITTLE ROCK, AR | GENERAL | $140,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Austin McChord - Trustee (co-founder of Datto Inc.)
- Holt McChord - Trustee
- Kendall Horch - Trustee
- Angie Mecham - Principal Officer
The foundation is governed by 3 officers and trustees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AUSTIN MCCHORD | DIRECTOR | 1 | — |
| HOLT MCCHORD | DIRECTOR | 1 | — |
| KENDALL HORCH | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has been actively expanding its grantmaking since establishment. In 2024, the foundation announced significant grants in STEM education and community development, including major commitments to national education organizations and local community initiatives.
Tech Entrepreneur Austin McChord Announces $2M in STEM Education Grants\Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Mcchord Foundation fund?
The foundation's grantmaking priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from Mcchord Foundation?
**Grant Sizes & Patterns:** • Typical award range: $2,500–$1,200,000 • Average grant: $85,000 • Median grant: $5,000 • Individual grants have ranged from $3,000 to $1,000,000 **Recent Grant Activity:** The foundation has made 57 grants totaling $4.8 million. Annual giving has grown significantly since inception, from $425,000 in 2022 to $4.4 million in 2023 and $6.62 million in 2024. **Recent Notable Grants (2024):** • Museum of Science: $1,200,000 • DonorsChoose.org: $1,000,000 • Beloved Ashev…
Where does Mcchord Foundation make grants?
The foundation primarily supports organizations in Connecticut, New York, and Pennsylvania, which account for 40% of all grants. Grantmaking reaches organizations across 17 states.
What size grants does Mcchord Foundation award?
In 2024, Mcchord Foundation awarded 20 grants totaling $6.6M — an average of about $331K per grant, based on its IRS Form 990 filings.
What is Mcchord Foundation's EIN?
Mcchord Foundation's EIN (Employer Identification Number) is 36-4969620. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Mcchord 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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