McDonald-Anderson Foundation Inc
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 grant totaling $1.8M. Net investment income was $647K.
Key facts about McDonald-Anderson Foundation Inc
- EIN
- 84-2041031
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,750,000
- Grants made (2024)
- 1
- Average grant
- $1,750,000
- Median grant
- $1,750,000
- Total assets
- $47,376,272
- Primary geography
- Rhode Island (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How McDonald-Anderson Foundation Inc gives
- In 2024 it paid out 78% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with McDonald-Anderson Foundation Inc
- How to evaluate McDonald-Anderson Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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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
1
+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
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 grant totaling $1.8M. Net investment income was $647K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 recipients 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
No officer or director reported compensation in the available filings.
From 2024 IRS 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
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 grant 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 grant 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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.