McGregor Fund logo

McGregor Fund

DETROIT, MI EIN: 38-0808800 Website

McGregor Fund is a private foundation organized to relieve the misfortunes and promote the well-being of humankind. Based in Detroit, Michigan, the organization was founded in 1925 by Tracy and Katherine McGregor, who established the fund to ensure their financial resources would continue supporting social, educational, and charitable programs. The fund operates as a 501(c)(3) nonprofit organization with a staff of 7 employees.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$224.3M

+7.0% YoY

Annual Giving

$9.8M

+12.2% YoY

Grant Count

130

+14.0% YoY

Avg Grant Size

$75K

-1.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: To relieve the misfortunes and promote the well-being of humankind.

The McGregor Fund's work is grounded in the lived examples of Tracy and Katherine McGregor and focuses on supporting and strengthening a safety net of essential resources and opportunities for vulnerable members of the community, particularly those experiencing sustained and concentrated poverty.

Current Priority Areas:

  • Basic Needs & Housing
  • Recovery & Restoration
  • Skill Building & Employment
  • Human Services
  • Education
  • Health Care
  • Arts and Culture
  • Public Benefit

Grantmaking

Eligible applicant organizations must:

How to Apply

**

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Geographic Focus

Where this funder awards grants

The McGregor Fund works within the tri-county region of Metropolitan Detroit, specifically serving Wayne, Oakland, and Macomb counties.

Grant Distribution by State

21states
+13 more states

Cities

AddisonAnn ArborAtlantaBaltimoreBeverly HillsBingham FarmsBirminghamBloomfield HillsBostonChicagoDallasDearbornDearborn HeightsDetroitEcorseFairfieldFarmington HillsFerndaleFranklinGrand Haven

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending June 2023:

  • Total Assets: $209.7 million
  • Total Revenue: $5.1 million
  • Total Expenses: $11.1 million
  • Total Liabilities: $7.56 million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$16M$24M$32M2021202220232024
Metric202420232022
Total Assets$224,332,937$209,656,665$143,236,625
Revenue$13,341,057$5,095,165$18,398,454
Expenses$11,869,628$11,130,011$11,947,692
Qualifying Distributions$11,281,009$10,021,562$10,858,667
Net Investment Income$16,563,591$29,286,342
Distributable Amount$10,478,473$10,128,367$11,197,124

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$5M$7M$10M201 grants2021142 grants2022114 grants2023130 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

United Community Housing…$500KDeveloping Kingdoms in D…$425KFirst Step$350KAvalon Healing Center$350KFoundation for Detroit's…$300KDetroit Phoenix Center$300KMidnight Golf Program$250KFreedom House$250KKeep Growing Detroit$250KCoalition on Temporary S…$250K

Grant Size Distribution

200 grants across all recorded years

106<$50K19$50–100K47$100–250K25$250–500K3$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from McGregor Fund

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Board of Trustees:

  • Joyce E. Jenereaux, Chair (since 2016)
  • Sheilah P. Clay, Vice Chair (since 2017)
  • Dr. Felix M. Valbuena, Jr., Treasurer (since 2021)
  • Byna Elliott (since 2023)
  • Michelle Johnson Tidjani (since 2020)
  • Kelly Major Green (since 2023)
  • Donna Murray-Brown (since 2022)
  • Philip B. Phillips (since 2021)
  • Kristi D. Plain (since 2020)

Staff:

  • Kate Levin Markel, President
  • Marcia P. Gardner, Grants Manager & Executive and Board Administrator
  • Ashly B. Jurek, CPA, Director of Finance & Investments
  • Taylor Fisher, Senior Accountant
  • Heidi A. Alcock, Vice President of Strategy & Grants Portfolio
  • Vanessa L. Samuelson, Vice President of Learning & Insight
  • Nikia Washington, Director of Engagement & Communications
  • Jonathan Pulley, Director of Grant Development

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Recent News & Activity

Recent developments and announcements

The McGregor Fund has announced significant grant distributions in recent years, including $7.5 million and $8.8 million in grants. The fund has also focused its work and additional available funds—due to an increased payout rate—on existing grant partners serving people at immediate risk of losing housing, access to basic needs, or personal safety. The organization maintains a pipeline of potential grant partners developed over years since the pandemic and is currently prioritizing the needs of existing grant partners and those already in its pipeline for emergency support.

McGregor Fund Announces $7.5 Million in Grants

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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