McKay Family Foundation Inc
McKay Family Foundation Inc is a private foundation, based in Los Angeles, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 3 grants totaling $1.5M. Net investment income was $40K.
McKay Family Foundation Inc at a glance
In short: McKay Family Foundation Inc gave $1.5M across 3 grants in 2024 (avg $486K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,458,764
- -38.6% vs 2023
- Grants made (2024)
- 3
- -50.0% vs 2023
- Average grant
- $486,255
- +22.8% vs 2023
- Median grant
- $50,250
- Total assets
- $1,328,047
- +2.9% vs 2023
- Primary geography
- California (97% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who McKay Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Climate Emergency Fund ($1.4M). Together the top 3 received $1.5M.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 16 grants of 28 (57%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How McKay Family Foundation Inc gives
- Giving grew 869% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $151K (2021) to $2.4M (2023). In 2024 it made 3 grants totaling $1.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Climate Emergency Fund Beverly Hills, CA | Donation to the organization's general fund to further its missions to transformative policy shifts around climate change. | $1,383,514 |
| Jacobin Foundation Ltd Brooklyn, NY | Donation to the organization's general fund to further its missions. | $50,250 |
| Yellow Dot Studio Inc Los Angeles, CA | Donation to the organization's general fund to to raise awareness and mobilize action on the climate emergency. | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,328,047 | $1,517,298 | $1,479,517 | $1,458,764 | 3 | $1,458,764 | $40,463 | $86,174 |
| 2023 | $1,290,266 | $2,306,228 | $2,379,447 | $2,376,486 | 6 | $2,376,486 | $37,020 | $76,831 |
| 2022 | $1,363,485 | $1,204,906 | $1,532,100 | $1,525,000 | 6 | $1,525,000 | $53,964 | $83,182 |
| 2021 | $1,690,679 | $530,513 | $150,954 | $150,500 | 7 | $150,500 | $30,112 | $80,089 |
| 2020 | $1,311,120 | $478,667 | $197,250 | $195,000 | 6 | — | $18,228 | $51,751 |
Under IRS private-foundation payout rules, McKay Family Foundation Inc reported a distributable amount of $86K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
McKay Family Foundation Inc is led by Shira Piven, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Shira Piven
President
On filings since 2020
No compensation reported
Adam McKay
Secretary
On filings since 2020
No compensation reported
Matthew Lichtenberg
CFO
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about McKay Family Foundation Inc
How much does McKay Family Foundation Inc give each year?
McKay Family Foundation Inc gave $1.5M across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $2.4M across 6 grants.
What is McKay Family Foundation Inc's typical grant size?
McKay Family Foundation Inc's median grant in 2024 was $50,250, and its average grant was $486,255, across 3 grants on its 2024 IRS Form 990-PF.
Where does McKay Family Foundation Inc give grants?
McKay Family Foundation Inc gives mostly in California: 97% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does McKay Family Foundation Inc give general operating support?
Yes: 100% of McKay Family Foundation Inc's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is McKay Family Foundation Inc?
McKay Family Foundation Inc reported $1.3M in total assets on its 2024 IRS Form 990-PF. It paid out $1.5M in qualifying distributions that year, against a required minimum of $86K (roughly 5% of its investment assets).
What is McKay Family Foundation Inc's EIN?
McKay Family Foundation Inc's EIN (Employer Identification Number) is 47-2455809. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 24, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 22, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work McKay Family Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in McKay Family Foundation Inc's focus areas in our free grants database
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