MCM Foundation
MCM Foundation is a private foundation, based in Berkeley, CA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 2 grants totaling $375K.
MCM Foundation at a glance
In short: MCM Foundation gave $375K across 2 grants in 2023 (avg $187K), mostly in Pennsylvania. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $374,856
- -81.4% vs 2022
- Grants made (2023)
- 2
- -84.6% vs 2022
- Average grant
- $187,428
- +21.1% vs 2022
- Median grant
- $187,428
- Primary geography
- Pennsylvania (93% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who MCM Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
The largest 2023 recipient was Vanguard Charitable Endowment Program ($350K). Together the top 2 received $375K.
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 31 grants of 35 (89%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 2 itemized grants.
Cities
How MCM Foundation gives
- Giving grew 161% from 2020 to 2023. Method
- In 2023 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 2023, annual grant giving ranged from $144K (2020) to $2.0M (2022). In 2023 it made 2 grants totaling $375K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Vanguard Charitable Endowment Program Southeastern, PA | General Support | $349,856 |
| Nantucket Conservation Foundation Inc Nantucket, MA | General Support | $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 |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $2,405 | $381,856 | $374,856 | 2 | $378,356 | — | $4,009 |
| 2022 | $379,507 | $-230,228 | $2,037,195 | $2,011,860 | 13 | $2,021,479 | $31,729 | $106,479 |
| 2021 | $2,646,930 | $370,146 | $203,889 | $190,000 | 10 | $196,542 | $356,660 | $139,030 |
| 2020 | $2,480,673 | $109,093 | $169,734 | $143,500 | 10 | — | $96,626 | $109,551 |
Under IRS private-foundation payout rules, MCM Foundation reported a distributable amount of $4K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
MCM Foundation's 2023 filing lists 5 officers; none of the 5 officers listed in 2023 report compensation.
Officers on the 2023 filing
Courtney Read Carroll
Director
On filings since 2020
No compensation reported
Mary Ann Read
Director
On filings since 2020
No compensation reported
Morgan Read
Director
On filings since 2020
No compensation reported
Steven M. Read
Director
On filings since 2020
No compensation reported
Steven Macgregor Read Jr.
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "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 MCM Foundation
How much does MCM Foundation give each year?
MCM Foundation gave $375K across 2 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $2.0M across 13 grants.
Where does MCM Foundation operate?
MCM Foundation has awarded grants in California, Massachusetts, Pennsylvania, Virginia.
How much is MCM Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, MCM Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is MCM Foundation's EIN?
MCM Foundation's EIN (Employer Identification Number) is 26-0018914. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
Live grants for the work MCM Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in MCM Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). MCM Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/mcm-foundation-morg_5855f846e92c4ed48e48f8a00139dd96
BibTeX
@misc{grantable_260018914_2026,
author = {{Grantable}},
title = {{MCM Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/mcm-foundation-morg_5855f846e92c4ed48e48f8a00139dd96},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from MCM Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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