McCormick Family Foundation

Foundation · Grantmaker Houston, TX EIN: 81-6798069

McCormick Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 10 grants totaling $275K. Net investment income was $204K.

Key facts about McCormick Family Foundation

EIN
81-6798069
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$275,000
Grants made (2024)
10
Average grant
$27,500
Median grant
$17,500
New grantees (estimate)
20% first-time grantees (2 of 10, 2024)
Total assets
$4,451,019
Primary geography
Texas (64% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who McCormick Family Foundation funds

By grant dollars, the top recipient states for McCormick Family Foundation's 10 itemized 2024 grants were Texas (64%), Florida (13%) and Alabama (11%). The most frequent recipient cities were Orlando, FL (3 grants). None of its 10 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (10 grants).

Is McCormick Family Foundation open to new grantees?

20%

first-time grantees, 2024

In 2024, 2 of 10 grantees (20%) were first-time recipients. First grants averaged $15K; repeat grants $31K. How we count

Medians: $15K first-time, $20K repeat.

  • 80% of 2024 grantees were also funded in 2023. Method
  • Giving grew 25% from 2021 to 2024. Method
  • In 2024 it paid out 135% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.5M

-1.2% YoY

Annual Giving

$275K

+31.0% YoY

Grant Count

10

+11.1% YoY

Avg Grant Size

$28K

+17.9% YoY

Under IRS private-foundation payout rules, McCormick Family Foundation reported a distributable amount of $211K for 2024 — the minimum it must pay out in qualifying distributions.

About McCormick Family Foundation

Based on IRS filings

McCormick Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 10 grants totaling $275K. Net investment income was $204K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Share of all 10 itemized 2024 grant dollars.

Cities

OrlandoHoustonSpringHuntsvilleWheatonAuroraColleyvilleGrand PrairieGrand PrairePlanoCypressNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$182K$364K$547K$729K20202021202220232024
Metric202420232022
Total Assets$4,451,019$4,504,392$4,180,077
Revenue$280,573$602,844$455,543
Expenses$338,374$254,073$266,351
Qualifying Distributions$284,850$216,875$226,125
Net Investment Income$204,180$359,437$217,538
Distributable Amount$210,929$200,678$196,222

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$69K$138K$206K$275K9 grants202011 grants20219 grants20229 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Modern Day: $125KModern Day$125KRestoring Hope Foundation: $30KRestoring Hope Foundation$30KAnanias House: $20KAnanias House$20KBridge Builders International: $20KBridge Builders International$20KCanyon Pathways: $20KCanyon Pathways$20KReliant Mission: $15KReliant Mission$15KThe New York City Leadership Ceter Inc: $15KThe New York City LeadershipCeter Inc$15KTreasures of Joy: $10KTreasures of Joy$10KPioneers: $10KPioneers$10KCru Foundation: $10KCru Foundation$10K

Grant Size Distribution

48 grants across all recorded years

45<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Modern Day ($125,000), Restoring Hope Foundation ($30,000), Ananias House ($20,000).

RecipientPurposeAmount
MODERN DAY Grand Praire, TXCHARITABLE$125,000
RESTORING HOPE FOUNDATION Huntsville, ALCHARITABLE$30,000
ANANIAS HOUSE Houston, TXCHARITABLE$20,000
BRIDGE BUILDERS INTERNATIONAL Wheaton, ILCHARITABLE$20,000
CANYON PATHWAYS Colleyville, TXCHARITABLE$20,000
RELIANT MISSION Orlando, FLCHARITABLE$15,000
THE NEW YORK CITY LEADERSHIP CETER INC New York, NCCHARITABLE$15,000
TREASURES OF JOY Spring, TXCHARITABLE$10,000
PIONEERS Orlando, FLCHARITABLE$10,000
CRU FOUNDATION Orlando, FLCHARITABLE$10,000

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
Rick M McCormickCo-Trustee0.25—
Pamela McCormickCo-Trustee0.25—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is McCormick Family Foundation?

McCormick Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Houston, TX. It holds $4.5M in total assets as of 2024.

How large is McCormick Family Foundation?

As of 2024, McCormick Family Foundation holds $4.5M in total assets with $281K in annual revenue. It awarded 10 grants totaling $275K in 2024.

Where does McCormick Family Foundation operate?

McCormick Family Foundation has awarded grants in Alabama, Colorado, Florida, Illinois, North Carolina, Texas.

What size grants does McCormick Family Foundation award?

In 2024, McCormick Family Foundation awarded 10 grants totaling $275K — an average of about $28K per grant, based on its IRS Form 990 filings.

How much is McCormick Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, McCormick Family Foundation reported a distributable amount of $211K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is McCormick Family Foundation's EIN?

McCormick Family Foundation's EIN (Employer Identification Number) is 81-6798069. IRS Form 990 filing data is available on this page for 2020–2024.

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

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