Mcdonald-anderson Foundation Inc

VERO BEACH, FL EIN: 84-2041031

Mcdonald-anderson Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VERO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $47.4M in total assets. In 2024, it awarded 1 grants totaling $1.8M. Net investment income was $647K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$47.4M

+15.6% YoY

Annual Giving

$1.8M

+775.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$1.8M

+775.0% YoY

Under IRS private-foundation payout rules, Mcdonald-anderson Foundation Inc reported a distributable amount of $2.2M for 2024 — the minimum it must pay out in qualifying distributions.

About Mcdonald-anderson Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Rhode Island $1.9M (100%)

District of Columbia $300 (0%)

Florida $50 (0%)

States

District of Columbia Florida Rhode Island

Cities

Vero BeachWarwickWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$47,376,272	$40,982,656	$8,488,984
Revenue	$647,642	$801,121	—
Expenses	$1,784,071	$200,387	$3,018
Qualifying Distributions	$1,750,000	$200,000	$3,018
Net Investment Income	$647,492	$619,091	—
Distributable Amount	$2,234,061	$1,755,352	$139,890

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Vanguard Charitable ($1,750,000).

Recipient	Purpose	Amount
VANGUARD CHARITABLE WARWICK, RI	PHILANTHROPIC ENDEAVOR OF FOUNDATION	$1,750,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BARBARA A MCDONALD	SECRETARY	—	—
DAVID C MCDONALD	PRESIDENT	—	—
TRACY M MCDONALD	DIRECTOR	—	—
MORGAN L MCDONALD	DIRECTOR	—	—
LINDSEY P MCDONALD	DIRECTOR	—	—
JEFFREY D MCDONALD	DIRECTOR	—	—
DANIELLE O MCDONALD	DIRECTOR	—	—
CAROL MCDONALD	DIRECTOR	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Mcdonald-anderson Foundation Inc?

Mcdonald-anderson Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VERO BEACH, FL. It holds $47.4M in total assets as of 2024.

How large is Mcdonald-anderson Foundation Inc?

As of 2024, Mcdonald-anderson Foundation Inc holds $47.4M in total assets with $648K in annual revenue. It awarded 1 grants totaling $1.8M in 2024.

Where does Mcdonald-anderson Foundation Inc operate?

Mcdonald-anderson Foundation Inc has awarded grants in District of Columbia, Florida, Rhode Island.

What size grants does Mcdonald-anderson Foundation Inc award?

In 2024, Mcdonald-anderson Foundation Inc awarded 1 grants totaling $1.8M — an average of about $1.8M per grant, based on its IRS Form 990 filings.

How much is Mcdonald-anderson Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mcdonald-anderson Foundation Inc reported a distributable amount of $2.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mcdonald-anderson Foundation Inc's EIN?

Mcdonald-anderson Foundation Inc's EIN (Employer Identification Number) is 84-2041031. IRS Form 990 filing data is available on this page for 2020–2024.