Mcm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BERKELEY, CA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 2 grants totaling $375K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$375K
-81.4% YoY
Grant Count
2
-84.6% YoY
Avg Grant Size
$187K
+21.1% YoY
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.
About Mcm Foundation
Based on IRS filings
Mcm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BERKELEY, CA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 2 grants totaling $375K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $379,507 | $2,646,930 |
| Revenue | $2,405 | $-230,228 | $370,146 |
| Expenses | $381,856 | $2,037,195 | $203,889 |
| Qualifying Distributions | $378,356 | $2,021,479 | $196,542 |
| Net Investment Income | — | $31,729 | $356,660 |
| Distributable Amount | $4,009 | $106,479 | $139,030 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2023
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Vanguard Charitable Endowment Program ($349,856), Nantucket Conservation Foundation Inc ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| VANGUARD CHARITABLE ENDOWMENT PROGRAM SOUTHEASTERN, PA | GENERAL SUPPORT | $349,856 |
| NANTUCKET CONSERVATION FOUNDATION INC NANTUCKET, MA | GENERAL SUPPORT | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVEN M READ | DIRECTOR | — | — |
| MARY ANN READ | DIRECTOR | — | — |
| STEVEN MACGREGOR READ JR | DIRECTOR | — | — |
| COURTNEY READ CARROLL | DIRECTOR | — | — |
| MORGAN READ | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mcm Foundation?
Mcm Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BERKELEY, CA. It holds — in total assets as of 2023.
Where does Mcm Foundation operate?
Mcm Foundation has awarded grants in California, Massachusetts, Pennsylvania, Virginia.
What size grants does Mcm Foundation award?
In 2023, Mcm Foundation awarded 2 grants totaling $375K — an average of about $187K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Mcm Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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