McDermott Family Foundation

Private foundation · Grantmaker Chicago, IL EIN: 36-3499983

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

Shirley Ryan Abilitylab: $23KShirley Ryan Abilitylab$23KNorthwestern University: $18KNorthwestern University$18KParkinson Voice Project: $6KParkinson Voice Project$6KUniveristy of Chicago: $6KUniveristy of Chicago$6KPrinceton University: $2KPrinceton University$2KHarvard Univeristy: $2KHarvard Univeristy$2K

The largest 2023 recipient was Shirley Ryan Abilitylab ($23K). Together the top 6 received $57K.

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 9 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2023 grant dollars across all 6 itemized grants.

Cities

ChicagoCambridgeChicagpEvanstonPrincetonRichardson

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

$0$20K$40K$60K1 grant2020 1 grant2021 1 grant2022 6 grants2023

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

RecipientPurposeAmount
Shirley Ryan Abilitylab Chicagp, ILGeneral$23,481
Northwestern University Evanston, ILGeneral$18,000
Parkinson Voice Project Richardson, TXGeneral$6,000
Univeristy of Chicago Chicago, ILGeneral$6,000
Princeton University Princeton, NJGeneral$2,000
Harvard Univeristy Cambridge, MAGeneral$2,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2023—$28,096$60,462$57,4816$57,546$24,199$1,077
2022$32,366$27,153$4,168$3,5001$3,593$22,382$2,465
2021$9,381$1,080$4,140$3,5001$3,580—$2,833
2020$12,441$1,045$4,130$3,5001——$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

  1. IRS filings on file for fiscal years 2020–2023

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from McDermott Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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