Mcdade Family Foundation

N PALM BEACH, FL EIN: 26-0800085

Mcdade Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in N PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.7M in total assets. In 2024, it awarded 31 grants totaling $451K. Net investment income was $732K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.7M

+3.5% YoY

Annual Giving

$451K

+24.5% YoY

Grant Count

31

+93.8% YoY

Avg Grant Size

$15K

-35.8% YoY

Under IRS private-foundation payout rules, Mcdade Family Foundation reported a distributable amount of $526K for 2024 — the minimum it must pay out in qualifying distributions.

About Mcdade Family Foundation

Based on IRS filings

Mcdade Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in N PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.7M in total assets. In 2024, it awarded 31 grants totaling $451K. Net investment income was $732K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states
+6 more states

Cities

BeaconBedford HillsBirminghamBostonBrevardBridgeportBronxCharlotteDevonDurhamEastonGainesvilleGlen CoveHarrisonHenricoIrvingKingstonLa QuintaLake WorthLaurel

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$227K$453K$680K$906K20202021202220232024
Metric202420232022
Total Assets$10,724,695$10,360,197$10,241,342
Revenue$823,707$452,962$523,405
Expenses$459,209$377,718$175,380
Qualifying Distributions$450,800$362,134$162,000
Net Investment Income$732,028$396,821$492,923
Distributable Amount$526,102$492,250$496,288

Giving Over Time

Total grant dollars and number of grants per year

$0$113K$225K$338K$451K6 grants20209 grants202111 grants202216 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Lost Tree Foundation$190KCenter for Creative Educ…$50KInnerCity Scholarship Fund$45KTEAM RUBICON$25KWaterside School$11KPalm Beach COUNTY Food B…$10KHabitat for Humanity of …$10KPart of the Solution$10KSharing House$10KOcean Discovery Institute$10K

Grant Size Distribution

73 grants across all recorded years

62<$50K8$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lost Tree Foundation ($190,000), Center for Creative Education ($50,000), InnerCity Scholarship Fund ($45,000).

RecipientPurposeAmount
Lost Tree Foundation NORTH PALM BEACH, FLGENERAL SUPPORT$190,000
TEAM RUBICON LOS ANGELES, CAGENERAL SUPPORT$25,000
Waterside School STAMFORD, CTGENERAL SUPPORT$10,800
Palm Beach COUNTY Food Bank LAKE WORTH, FLGENERAL SUPPORT$10,000
Lost Tree Chapel North Palm Beach, FLGeneral Support$500
Echoes Around the World Devon, PAGeneral Support$5,000
Habitat for Humanity of Greater Palm Beach Riviera Beach, FLGeneral Support$10,000
Center for Creative Education West Palm Beach, FLGeneral Support$50,000
NYU Langone New York, NYGeneral Support$5,000
Saint Vincents Hospital Harrison, NYGeneral Support$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MARTHA MONSERRATE MCDADETRUSTEE1
HERBERT H MCDADE IIITRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Mcdade Family Foundation?

Mcdade Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in N PALM BEACH, FL. It holds $10.7M in total assets as of 2024.

How large is Mcdade Family Foundation?

As of 2024, Mcdade Family Foundation holds $10.7M in total assets with $824K in annual revenue. It awarded 31 grants totaling $451K in 2024.

Where does Mcdade Family Foundation operate?

Mcdade Family Foundation has awarded grants in California, Connecticut, District of Columbia, Florida, Illinois, Massachusetts, Maryland, Michigan, North Carolina, New Jersey, New York, Pennsylvania, Texas, Virginia.

What size grants does Mcdade Family Foundation award?

In 2024, Mcdade Family Foundation awarded 31 grants totaling $451K — an average of about $15K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mcdade Family Foundation reported a distributable amount of $526K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mcdade Family Foundation's EIN?

Mcdade Family Foundation's EIN (Employer Identification Number) is 26-0800085. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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

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