McDermott Family Foundation
McDermott Family Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2023. In 2023, it awarded 6 grants totaling $57K. Net investment income was $24K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$57K
+1542.3% YoY
Grant Count
6
+500.0% YoY
Avg Grant Size
$10K
+173.7% YoY
About McDermott Family Foundation
Based on IRS filings
McDermott Family Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2020 through 2023. In 2023, it awarded 6 grants totaling $57K. Net investment income was $24K.
Ready to take the next step with McDermott Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $32,366 | $9,381 |
| Revenue | $28,096 | $27,153 | $1,080 |
| Expenses | $60,462 | $4,168 | $4,140 |
| Qualifying Distributions | $57,546 | $3,593 | $3,580 |
| Net Investment Income | $24,199 | $22,382 | — |
| Distributable Amount | $1,077 | $2,465 | $2,833 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2023
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert B McDermott | President | — | — |
| Sarah Jaicks | Treasurer | — | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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