McDERMONTT FAM CHARITABLE TR

TOLLAND, CT EIN: 14-6198226

McDERMONTT FAM CHARITABLE TR is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TOLLAND, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 16 grants totaling $208K. Net investment income was $177K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.9M

+75.8% YoY

Annual Giving

$208K

+107.0% YoY

Grant Count

16

+33.3% YoY

Avg Grant Size

$13K

+55.2% YoY

About McDERMONTT FAM CHARITABLE TR

Based on IRS filings

McDERMONTT FAM CHARITABLE TR is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TOLLAND, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 16 grants totaling $208K. Net investment income was $177K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

BloomfieldBostonBrooklynDoverEast HartfordEast TauntonEllingtonErlangerFairfieldHartfordManchesterPortsmouthPoughkeepsieSalt PointStafford SpringsVernon RockvilleWallingfordWaterburyWillimanticWynnewood

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$388K$775K$1M$2M20202021202220232024
Metric202420232022
Total Assets$3,933,321$2,237,825$1,846,328
Revenue$168,870$183,625$43,758
Expenses$208,000$100,500$103,000
Qualifying Distributions$208,000$100,500$103,000
Net Investment Income$176,771$141,792$43,758
Distributable Amount$90,324

Giving Over Time

Total grant dollars and number of grants per year

$0$52K$104K$156K$208K6 grants202010 grants202112 grants202212 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CONNECTICUT FOOD PANTRY$35KCATHOLIC CHARITIES INC$30KSAVE THE CHILDREN$20KNEW HAMPSHIRE FOOD BANK$15KCOMMUNINTY ACTION PARTNE…$15KDAV CHARITABLE SERVICE T…$15KST VINCENT DE PAUL OF WA…$15KDANA FARBER CANCER INSTI…$15KALEX'S LEMONADE FOUNDATION$10KAMERICAN CANCER SOCIETY$10K

Grant Size Distribution

56 grants across all recorded years

56<$50K$50–100K$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 Connecticut Food Pantry ($35,000), Catholic Charities Inc ($30,000), Save the Children ($20,000).

RecipientPurposeAmount
ALEX'S LEMONADE FOUNDATION WYNNEWOOD, PAPEDIATRIC CANCER$10,000
CONNECTICUT FOOD PANTRY WALLINGFORD, CTFOOD$35,000
SAVE THE CHILDREN FAIRFIELD, CTNEEDY CHILDREN PROGRAM$20,000
NEW HAMPSHIRE FOOD BANK MANCHESTER, NHFOOD$15,000
COMMUNINTY ACTION PARTNERSHIPS DOVER, NHNEEDY & HOMELESS$15,000
DAV CHARITABLE SERVICE TRUST ERLANGER, KYDISABLE VETS$15,000
CROSSROADS HOUSE PORTSMOUTH, NHHOMELESS$8,000
WESTMINSTER PRESBYTERIAN CHURCH SALT POINT, NYFOOD FOR NEEDY$2,500
HALL MEMORIAL LIBRARY ELLINGTON, CTCHILDREN PROGRAM$2,500
ST VINCENT DE PAUL OF WATERBURY INC WATERBURY, CTHOMELESS SHELTERS$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WILLIAM P MCDERMOTTPRESIDENT
ELIEEN MCDERMOTT LARAMIETREASURE
KERRY WM MCDERMOTTVICE PRESIDENT

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is McDERMONTT FAM CHARITABLE TR?

McDERMONTT FAM CHARITABLE TR is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TOLLAND, CT. It holds $3.9M in total assets as of 2024.

How large is McDERMONTT FAM CHARITABLE TR?

As of 2024, McDERMONTT FAM CHARITABLE TR holds $3.9M in total assets with $169K in annual revenue. It awarded 16 grants totaling $208K in 2024.

Where does McDERMONTT FAM CHARITABLE TR operate?

McDERMONTT FAM CHARITABLE TR has awarded grants in Connecticut, Kentucky, Massachusetts, New Hampshire, New York, Pennsylvania.

What size grants does McDERMONTT FAM CHARITABLE TR award?

In 2024, McDERMONTT FAM CHARITABLE TR awarded 16 grants totaling $208K — an average of about $13K per grant, based on its IRS Form 990 filings.

What is McDERMONTT FAM CHARITABLE TR's EIN?

McDERMONTT FAM CHARITABLE TR's EIN (Employer Identification Number) is 14-6198226. IRS Form 990 filing data is available on this page for 2020–2024.

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

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