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.
McDermott Family Foundation at a glance
In short: McDermott Family Foundation gave $57K across 6 grants in 2023 (avg $10K), mostly in Illinois. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $57,481
- +1542.3% vs 2022
- Grants made (2023)
- 6
- +500.0% vs 2022
- Average grant
- $9,580
- +173.7% vs 2022
- Median grant
- $6,000
- Primary geography
- Illinois (83% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who McDermott Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2023
The largest 2023 recipient was Shirley Ryan Abilitylab ($23K). Together the top 6 received $57K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 6 itemized grants.
Cities
How McDermott Family Foundation gives
- Giving grew 1542% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $4K (2020) to $57K (2023). In 2023 it made 6 grants totaling $57K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Shirley Ryan Abilitylab Chicagp, IL | General | $23,481 |
| Northwestern University Evanston, IL | General | $18,000 |
| Parkinson Voice Project Richardson, TX | General | $6,000 |
| Univeristy of Chicago Chicago, IL | General | $6,000 |
| Princeton University Princeton, NJ | General | $2,000 |
| Harvard Univeristy Cambridge, MA | General | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $28,096 | $60,462 | $57,481 | 6 | $57,546 | $24,199 | $1,077 |
| 2022 | $32,366 | $27,153 | $4,168 | $3,500 | 1 | $3,593 | $22,382 | $2,465 |
| 2021 | $9,381 | $1,080 | $4,140 | $3,500 | 1 | $3,580 | — | $2,833 |
| 2020 | $12,441 | $1,045 | $4,130 | $3,500 | 1 | — | — | $2,704 |
Under IRS private-foundation payout rules, McDermott Family Foundation reported a distributable amount of $1K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
McDermott Family Foundation is led by Robert B McDermott, President on every filing since 2020; none of the 2 officers listed in 2023 report compensation.
Officers on the 2023 filing
Robert B McDermott
President
On filings since 2020
No compensation reported
Sarah Jaicks
Treasurer
On filings since 2020
No compensation reported
Former officers (3)
- Former: Charles McDermott (2020–2022) — Director
- Former: Jeanne McDermott (2020–2022) — Director
- Former: John McDermott (2020–2022) — Director
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about McDermott Family Foundation
How much does McDermott Family Foundation give each year?
McDermott Family Foundation gave $57K across 6 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $4K across 1 grant.
What is McDermott Family Foundation's typical grant size?
McDermott Family Foundation's median grant in 2023 was $6,000, and its average grant was $9,580, across 6 grants on its 2023 IRS Form 990-PF.
Where does McDermott Family Foundation give grants?
McDermott Family Foundation gives mostly in Illinois: 83% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest state was Texas (10%).
Does McDermott Family Foundation give general operating support?
Yes: 100% of McDermott Family Foundation's 2023 grants with a stated purpose (6 of 6) were for general or operating support, per its 2023 IRS Form 990-PF.
Who are McDermott Family Foundation's largest grantees?
McDermott Family Foundation's largest 2023 grantees include Shirley Ryan Abilitylab ($23,481), Northwestern University ($18,000) and Parkinson Voice Project ($6,000), according to its 2023 IRS Form 990-PF. Together they received 83% of its itemized 2023 grant dollars.
How much is McDermott Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, McDermott Family Foundation reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is McDermott Family Foundation's EIN?
McDermott Family Foundation's EIN (Employer Identification Number) is 36-3499983. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
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