McPherson Family Foundation

Private foundation · Grantmaker Denver, CO EIN: 20-2378383

McPherson Family Foundation is a private foundation, based in Denver, CO. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $19.7M in total assets. In 2023, it awarded 9 grants totaling $2.5M. Net investment income was $395K.

Key facts about McPherson Family Foundation

In short: McPherson Family Foundation gave $2.5M across 9 grants in 2023 (avg $279K), top state Colorado. Source: 2023 IRS Form 990-PF.

EIN
20-2378383
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$2,507,395
Grants made (2023)
9
Average grant
$278,599
Median grant
$194,250
Total assets
$19,749,315
Primary geography
Colorado (45% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$19.7M

+32.2% YoY

Annual Giving

$2.5M

+1467.1% YoY

Grant Count

9

+0.0% YoY

Avg Grant Size

$279K

+1467.1% YoY

Under IRS private-foundation payout rules, McPherson Family Foundation reported a distributable amount of $686K for 2023 — the minimum it must pay out in qualifying distributions.

How McPherson Family Foundation gives

  • Giving grew 224376% from 2020 to 2023. Method
  • In 2023 it paid out 366% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2023 grant dollars across all 9 itemized grants.

Cities

DenverColorado SpringsBrightonAlexandriaEnglewoodJacksonNew YorkSeattleSedaliaSioux FallsTucson

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M2 grants2020 1 grant2021 9 grants2022 9 grants2023

From 2020 to 2023, annual grant giving ranged from $1K (2020) to $2.5M (2023). In 2023 it made 9 grants totaling $2.5M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2023

The Children of the Nile: $985KThe Children of the Nile$985KSecond Mile Haiti: $516KSecond Mile Haiti$516KAsone Ministries: $288KAsone Ministries$288KWorldwide Orphans: $230KWorldwide Orphans$230KSchools for Salone: $194KSchools for Salone$194KA Hope for Children: $150KA Hope for Children$150KMile High United Way: $120KMile High United Way$120KAlmost Home: $17KAlmost Home$17KThe Gathering Place: $9KThe Gathering Place$9K

The largest 2023 recipient was The Children of the Nile ($985K). Together the top 9 received $2.5M.

Grant Size Distribution

21 grants across all recorded years

13<$50K$50–100K5$100–250K1$250–500K2$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 21 (62%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Children of the Nile Denver, COTo fight poverty and cultivate hope for future generations in uganda.$984,600
Second Mile Haiti Tucson, AZTo create meaningful change for women, children and communities in haiti through healthcare, education and community-building projects.$515,530
Asone Ministries Sioux Falls, SDTo empower ugandans to cultivate transofrmation in their rural communities.$287,500
Worldwide Orphans New York, NYTo support the education and holistic wellbeing of children in underserved communities.$230,000
Schools for Salone Seattle, WATo Expand Educaiton in Sierra Leone.$194,250
A Hope for Children Alexandria, VATo provide support services to ethiopian orphans infected with hiv.$150,000
Mile High United Way Denver, COTo Support Families Across Metro Denver.$120,000
Almost Home Brighton, COTo prevent and confront homelessness to ensure that it is rare, brief or one time.$16,515
The Gathering Place Denver, COTo provide low-barrier, trauma-informed care to women, gender-diverse people and children facing homelessness and instability.$9,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$20M2020 2021 2022 2023
Metric202320222021
Total Assets$19,749,315$14,933,428$46,760
Revenue$7,452,042$15,116,750$80,000
Expenses$2,579,155$230,082$75,554
Qualifying Distributions$2,507,395$160,003$7,500
Net Investment Income$395,042——
Distributable Amount$685,910$63,803$1,705

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

McPherson Family Foundation is led by J. Mark McPherson, President on every filing since 2020; none of the 3 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • J. Mark McPherson

    President

    On filings since 2020

    No compensation reported

  • Brad Brady

    Director

    On filings since 2020

    No compensation reported

  • Kim L. McPherson

    Secretary & Treasurer

    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 McPherson Family Foundation

How much does McPherson Family Foundation give each year?

McPherson Family Foundation gave $2.5M across 9 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $160K across 9 grants.

What is McPherson Family Foundation's typical grant size?

McPherson Family Foundation's median grant in 2023 was $194,250, and its average grant was $278,599, across 9 grants on its 2023 IRS Form 990-PF.

Where does McPherson Family Foundation give grants?

McPherson Family Foundation's top state is Colorado, with 45% of the grant dollars itemized on its 2023 IRS Form 990-PF. The next largest states were Arizona (21%) and South Dakota (11%). The most frequent recipient cities were Denver, CO (3 grants).

Does McPherson Family Foundation give general operating support?

Not in 2023: none of the 9 grants with a stated purpose on McPherson Family Foundation's 2023 IRS Form 990-PF were described as general or operating support.

Who are McPherson Family Foundation's largest grantees?

McPherson Family Foundation's largest 2023 grantees include The Children of the Nile ($984,600), Second Mile Haiti ($515,530) and Asone Ministries ($287,500), according to its 2023 IRS Form 990-PF. Together they received 71% of its itemized 2023 grant dollars.

How large is McPherson Family Foundation?

McPherson Family Foundation reported $19.7M in total assets on its 2023 IRS Form 990-PF. It paid out $2.5M in qualifying distributions that year, against a required minimum of $686K (roughly 5% of its investment assets).

What is McPherson Family Foundation's EIN?

McPherson Family Foundation's EIN (Employer Identification Number) is 20-2378383. 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.

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