McCormack Foundation

Foundation · Grantmaker Independence, OH EIN: 34-1536692

McCormack Foundation is a private foundation, based in Independence, OH. IRS filing data is available from 2019 through 2022. In 2022, it awarded 1 grant totaling $90K. Net investment income was $30.

Key facts about McCormack Foundation

EIN
34-1536692
Latest 990 filing
Form 990-PF, 2022
Annual giving (2022)
$90,010
Grants made (2022)
1
Average grant
$90,010
Median grant
$90,010
Primary geography
Massachusetts (100% of itemized 2022 grant dollars)

Data from IRS Form 990-PF, 2022; updated September 2026.

How McCormack Foundation gives

  • In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$90K

+44905.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$90K

+44905.0% YoY

Under IRS private-foundation payout rules, McCormack Foundation reported a distributable amount of $3K for 2022 — the minimum it must pay out in qualifying distributions.

About McCormack Foundation

Based on IRS filings

McCormack Foundation is a private foundation, based in Independence, OH. IRS filing data is available from 2019 through 2022. In 2022, it awarded 1 grant totaling $90K. Net investment income was $30.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 1 itemized 2022 grant dollars.

Cities

AmherstOakland ParkTheodore

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$74K$99K2019202020212022
Metric202220212020
Total Assets—$85,436$85,754
Revenue$4,624$8$236
Expenses$90,060$326$1,053
Qualifying Distributions$90,060$326—
Net Investment Income$30$8$236
Distributable Amount$3,315$4,217$4,232

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2022

Giving Over Time

Total grant dollars and number of grants per year

$0$23K$45K$68K$90K0 grants20191 grants20201 grants20211 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2022

University of Massachusetts Amherst: $90KUniversity of MassachusettsAmherst$90K

Grant Size Distribution

3 grants across all recorded years

2<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest recipients include University of Massachusetts Amherst ($90,010).

RecipientPurposeAmount
UNIVERSITY OF MASSACHUSETTS AMHERST Amherst, MAGENERAL PROGRAM FUNDING$90,010

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2022 IRS filing

NameTitleHoursCompensation
Helen E McCormackPresident/Trustee——
Scott B McCormackSecretary/Trustee——
Todd H McCormackVice President/Trustee——
Mary L McCormack GathyTreasurer/Trustee——

Frequently Asked Questions

Where does McCormack Foundation operate?

McCormack Foundation has awarded grants in Alabama, Florida, Massachusetts.

What size grants does McCormack Foundation award?

In 2022, McCormack Foundation awarded 1 grant totaling $90K — an average of about $90K per grant, based on its IRS Form 990 filings.

How much is McCormack Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, McCormack Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is McCormack Foundation's EIN?

McCormack Foundation's EIN (Employer Identification Number) is 34-1536692. IRS Form 990 filing data is available on this page for 2019–2022.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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