Mcfarland Charitable Foundation
Mcfarland Charitable Foundation is a private foundation focused on Education, based in HAVANA, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 4 grants totaling $174K. Net investment income was $183K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
-1.9% YoY
Annual Giving
$174K
-20.3% YoY
Grant Count
4
-33.3% YoY
Avg Grant Size
$44K
+19.6% YoY
Under IRS private-foundation payout rules, Mcfarland Charitable Foundation reported a distributable amount of $280K for 2024 — the minimum it must pay out in qualifying distributions.
About Mcfarland Charitable Foundation
Based on IRS filings
Mcfarland Charitable Foundation is a private foundation focused on Education, based in HAVANA, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 4 grants totaling $174K. Net investment income was $183K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,087,453 | $3,147,182 | $3,148,740 |
| Revenue | $186,092 | $213,313 | $176,784 |
| Expenses | $276,287 | $326,009 | $411,420 |
| Qualifying Distributions | $244,046 | $286,946 | $382,871 |
| Net Investment Income | $182,992 | $292,228 | $1,048,845 |
| Distributable Amount | $280,470 | $271,877 | $243,155 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mason District Hospital ($163,000), Savannah Hausman ($4,410), Jordan Munsch ($4,228).
| Recipient | Purpose | Amount |
|---|---|---|
| MASON DISTRICT HOSPITAL HAVANA, IL | CHARITABLE | $163,000 |
| SAVANNAH HAUSMAN HAVANA, IL | SCHOLARSHIP | $4,410 |
| JORDAN MUNSCH HAVANA, IL | SCHOLARSHIP | $4,228 |
| MADALINE KANE PEORIA, IL | SCHOLARSHIP | $2,572 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mcfarland Charitable Foundation?
Mcfarland Charitable Foundation is a private foundation focused on Education, based in HAVANA, IL. It holds $3.1M in total assets as of 2024.
How large is Mcfarland Charitable Foundation?
As of 2024, Mcfarland Charitable Foundation holds $3.1M in total assets with $186K in annual revenue. It awarded 4 grants totaling $174K in 2024.
Where does Mcfarland Charitable Foundation operate?
Mcfarland Charitable Foundation has awarded grants in Illinois.
What size grants does Mcfarland Charitable Foundation award?
In 2024, Mcfarland Charitable Foundation awarded 4 grants totaling $174K — an average of about $44K per grant, based on its IRS Form 990 filings.
How much is Mcfarland Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mcfarland Charitable Foundation reported a distributable amount of $280K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mcfarland Charitable Foundation's EIN?
Mcfarland Charitable Foundation's EIN (Employer Identification Number) is 37-6022376. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mcfarland Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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