Mckesson Foundation L-1635
Mckesson Foundation L-1635 is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $13.8M in total assets. In 2024, it awarded 1 grants totaling $665K. Net investment income was $862K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.8M
+1.2% YoY
Annual Giving
$665K
-4.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$665K
-4.5% YoY
Under IRS private-foundation payout rules, Mckesson Foundation L-1635 reported a distributable amount of $796K for 2024 — the minimum it must pay out in qualifying distributions.
About Mckesson Foundation L-1635
Based on IRS filings
Mckesson Foundation L-1635 is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $13.8M in total assets. In 2024, it awarded 1 grants totaling $665K. Net investment income was $862K.
Ready to take the next step with Mckesson Foundation L-1635?
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 | $13,828,721 | $13,664,432 | $13,528,694 |
| Revenue | $968,554 | $945,140 | $139,691 |
| Expenses | $796,461 | $831,153 | $934,432 |
| Qualifying Distributions | $687,769 | $749,944 | $835,601 |
| Net Investment Income | $862,285 | $860,012 | $273,759 |
| Distributable Amount | $795,669 | $718,315 | $751,242 |
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
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Promedica Fdn Dba Promedica ($665,440).
| Recipient | Purpose | Amount |
|---|---|---|
| PROMEDICA FDN DBA PROMEDICA TOLEDO, OH | GENERAL SUPPORT | $665,440 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PNC BANK NA | TRUSTEE | 22 | $110,644 |
Frequently Asked Questions
How large is Mckesson Foundation L-1635?
As of 2024, Mckesson Foundation L-1635 holds $13.8M in total assets with $969K in annual revenue. It awarded 1 grants totaling $665K in 2024.
Where does Mckesson Foundation L-1635 operate?
Mckesson Foundation L-1635 has awarded grants in Ohio.
What size grants does Mckesson Foundation L-1635 award?
In 2024, Mckesson Foundation L-1635 awarded 1 grants totaling $665K — an average of about $665K per grant, based on its IRS Form 990 filings.
How much is Mckesson Foundation L-1635 required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mckesson Foundation L-1635 reported a distributable amount of $796K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mckesson Foundation L-1635's EIN?
Mckesson Foundation L-1635's EIN (Employer Identification Number) is 34-6518820. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Mckesson Foundation L-1635's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.