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.
Key facts about McDermott Family Foundation
- EIN
- 36-3499983
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $57,481
- Grants made (2023)
- 6
- Average grant
- $9,580
- Median grant
- $6,000
- Primary geography
- Illinois (83% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated September 2026.
Who McDermott Family Foundation funds
By grant dollars, the top recipient states for McDermott Family Foundation's 6 itemized 2023 grants were Illinois (83%) and Texas (10%). 100% of grants with a stated purpose were for general or operating support.
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.
Next steps with McDermott Family Foundation
- How to evaluate McDermott Family Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to McDermott Family Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
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
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.
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
Share of all 6 itemized 2023 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
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
Among its reported 2023 grants, the largest recipients include Shirley Ryan Abilitylab ($23,481), Northwestern University ($18,000), Parkinson Voice Project ($6,000).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2023 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert B McDermott | President | — | — |
| Sarah Jaicks | Treasurer | — | — |
Frequently Asked Questions
Where does McDermott Family Foundation operate?
McDermott Family Foundation has awarded grants in Illinois, Massachusetts, New Jersey, Texas.
What size grants does McDermott Family Foundation award?
In 2023, McDermott Family Foundation awarded 6 grants totaling $57K — an average of about $10K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in McDermott Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Robert Wood Johnson Foundation
Princeton, NJ
Assets
$13.4B
Grants
3,093
Total Given
$622.6M
The Rockefeller Foundation
New York, NY
Assets
$6.4B
Grants
381
Total Given
$233.2M
Shell USA Company Foundation
Houston, TX
Assets
$52.3M
Grants
4,650
Total Given
$16.0M
Communities Foundation of Texas Inc
Dallas, TX
Assets
$1.2B
Grants
2,209
Total Given
$209.2M
Ge Aerospace Foundation
Norwalk, CT
Assets
$22.5M
Grants
2,467
Total Given
$15.3M
Partnership for Cures
Chicago, IL
Assets
$7.5M
Grants
7
Total Given
$385K
Intuitive Foundation
Sunnyvale, CA
Assets
$122.7M
Grants
104
Total Given
$12.6M
The Chicago Community Trust
Chicago, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
Arthur J Gallagher Foundation
Rolling Meadows, IL
Assets
—
Grants
2,692
Total Given
$1.6M
The Allstate Foundation
Northbrook, IL
Assets
—
Grants
2,010
Total Given
$38.0M
The Pfizer Foundation Inc
New York, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Jpmorgan Chase Foundation
New York, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
More Funders in Illinois
Data last updated September 2026. Sourced from IRS Form 990-PF filings.