McGrath Family Foundation Inc
McGrath Family Foundation Inc is a private foundation, based in Longboat Key, FL. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $7.0M in total assets. In 2025, it awarded 9 grants totaling $464K. Net investment income was $125K.
Key facts about McGrath Family Foundation Inc
In short: McGrath Family Foundation Inc gave $464K across 9 grants in 2025 (avg $52K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- EIN
- 92-1362443
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $464,000
- Grants made (2025)
- 9
- Average grant
- $51,556
- Median grant
- $50,000
- Total assets
- $7,024,065
- Primary geography
- Massachusetts (51% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$7.0M
-1.8% YoY
Annual Giving
$464K
+45.0% YoY
Grant Count
9
+125.0% YoY
Avg Grant Size
$52K
-35.6% YoY
Under IRS private-foundation payout rules, McGrath Family Foundation Inc reported a distributable amount of $406K for 2025 — the minimum it must pay out in qualifying distributions.
How McGrath Family Foundation Inc gives
- In 2025 it paid out 114% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $20K (2023) to $464K (2025). In 2025 it made 9 grants totaling $464K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Trustees of Tufts College ($120K). Together the top 9 received $464K.
Grant Size Distribution
19 grants across all recorded years
The most common grant size was under $50K: 10 grants of 19 (53%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Trustees of Tufts College Medford, MA | General Use | $120,000 |
| University of Massachusetts Amherst, MA | General Use | $100,000 |
| Planned Parenthood Washington, DC | General Use | $65,000 |
| Friends of Rcsi New York, NY | General Use | $62,500 |
| Nonviolence International Washington, DC | General Use | $50,000 |
| Sarasota Memorial Health Sarasota, FL | General Use | $25,000 |
| Nova Ukraine San Jose, CA | General Use | $25,000 |
| Simmons University Boston, MA | General Use | $10,000 |
| Our Community Food Pantry Southwick, MA | General Use | $6,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $7,024,065 | $7,154,513 | $7,195,817 |
| Revenue | $344,744 | $283,146 | $1,924,277 |
| Expenses | $475,192 | $324,450 | $87,959 |
| Qualifying Distributions | $464,000 | $320,000 | $62,611 |
| Net Investment Income | $125,361 | $127,411 | $142,447 |
| Distributable Amount | $406,388 | $470,723 | $356,722 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 6, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2022–2024
Leadership & Key People
Officers and directors from IRS filings
McGrath Family Foundation Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michelle McGrath
Director
On filings since 2022
5 hrs/week
$40K (2023) → $0 (2025)
St John McGrath
Director
On filings since 2022
1 hr/week
No compensation reported
Timothy McGrath
Director
On filings since 2022
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $40K, to Michelle McGrath (Director).
Frequently asked questions about McGrath Family Foundation Inc
How much does McGrath Family Foundation Inc give each year?
McGrath Family Foundation Inc gave $464K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $320K across 4 grants.
What is McGrath Family Foundation Inc's typical grant size?
McGrath Family Foundation Inc's median grant in 2025 was $50,000, and its average grant was $51,556, across 9 grants on its 2025 IRS Form 990-PF.
Where does McGrath Family Foundation Inc give grants?
McGrath Family Foundation Inc gives mostly in Massachusetts: 51% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (25%) and New York (13%). The most frequent recipient cities were Washington, DC (2 grants).
Does McGrath Family Foundation Inc give general operating support?
Yes: 100% of McGrath Family Foundation Inc's 2025 grants with a stated purpose (9 of 9) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are McGrath Family Foundation Inc's largest grantees?
McGrath Family Foundation Inc's largest 2025 grantees include Trustees of Tufts College ($120,000), University of Massachusetts ($100,000) and Planned Parenthood ($65,000), according to its 2025 IRS Form 990-PF. Together they received 61% of its itemized 2025 grant dollars.
How large is McGrath Family Foundation Inc?
McGrath Family Foundation Inc reported $7.0M in total assets on its 2025 IRS Form 990-PF. It paid out $464K in qualifying distributions that year, against a required minimum of $406K (roughly 5% of its investment assets).
What is McGrath Family Foundation Inc's EIN?
McGrath Family Foundation Inc's EIN (Employer Identification Number) is 92-1362443. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching McGrath Family Foundation Inc by hand.
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