McQuade Family Foundation
The McQuade Family Foundation is a private independent foundation based in Dallas, Texas. Established in 2006, it operates as a grantmaking organization focused on supporting charitable causes through unrestricted general grants and targeted funding in specific sectors.
Key facts about McQuade Family Foundation
- EIN
- 20-2057759
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $966,700
- Grants made (2024)
- 34
- Average grant
- $28,432
- Median grant
- $5,000
- Total assets
- $2,512,481
- Primary geography
- New York (46% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated June 2026.
Who McQuade Family Foundation funds
By grant dollars, the top recipient states for McQuade Family Foundation's 34 itemized 2024 grants were New York (46%), Massachusetts (30%) and Georgia (8%). The most frequent recipient cities were New York, NY (6 grants), Boston, MA (5 grants), Hyannis, MA (4 grants) and Providence, RI (4 grants). 85% of grants with a stated purpose were for general or operating support.
How McQuade Family Foundation gives
- 42% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+6%). Method
- In 2024 it paid out 580% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with McQuade Family Foundation
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+0.6% YoY
Annual Giving
$967K
+28.8% YoY
Grant Count
34
+88.9% YoY
Avg Grant Size
$28K
-31.8% YoY
Under IRS private-foundation payout rules, McQuade Family Foundation reported a distributable amount of $168K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not have a publicly stated mission statement on file. However, based on recent grantmaking activity, primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Health Care
The foundation primarily funds unrestricted general grants to its grantees.
Grantmaking
The foundation made 19 grants in 2024, totaling $966,700. Recent grantees include:
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated in:
- Massachusetts
- New York
- Rhode Island
Grant Distribution by State
Share of all 34 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2024:
| Metric | Amount |
|---|---|
| Total Assets | $2,512,481 |
| Total Revenues | $1,371,762 |
| Total Expenses | $996,557 |
| Total Grants, Contributions, etc. | $515,156 |
| Investment Income and Dividends | $90,963 |
| Number of Employees | 0 |
Year-over-Year Changes (2024 vs. 2023)
- Total grants and contributions decreased 46.9% (from $969,515 to $515,156)
- Investment income and dividends increased 12% (from $81,217 to $90,963)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,512,481 | $2,497,803 | $2,717,136 |
| Revenue | $1,371,762 | $1,482,321 | $359,513 |
| Expenses | $996,557 | $768,339 | $919,498 |
| Qualifying Distributions | $975,836 | $757,421 | $898,445 |
| Net Investment Income | $842,601 | $501,888 | $345,537 |
| Distributable Amount | $168,255 | $132,190 | $175,852 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
55 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include The Ireland Funds America ($250,000 across 3 grants), Tufts Medical Center ($200,000), St Bonaventure Univ ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE IRELAND FUNDS AMERICA New York, NY | UNRESTRICTED GENERAL | $200,000 |
| TUFTS MEDICAL CENTER Boston, MA | UNRESTRICTED GENERAL | $200,000 |
| ST BONAVENTURE UNIV Saint Bonaventure, NY | UNRESTRICTED GENERAL | $100,000 |
| CATHOLIC CHARITIES ARCHDIOCESE OF NY New York, NY | UNRESTRICTED GENERAL | $100,000 |
| BOYS & GIRLS CLUB OF AMERICA Atlanta, GA | CHAMPIONS OF YOUTH | $75,000 |
| PROVIDENCE COUNTRY DAY SCHOOL East Providence, RI | UNRESTRICTED GENERAL | $50,000 |
| LEADERSHIP TABLE Washington, DC | UNRESTRICTED GENERAL | $50,000 |
| CATHOLIC CHARITIES OF THE New York, NY | UNRESTRICTED GENERAL | $25,000 |
| THE IRELAND FUNDS AMERICA Boston, MA | UNRESTRICTED GENERAL | $25,000 |
| THE IRELAND FUNDS AMERICA Boston, MA | CHILDRENS PROGRAM | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Bank of America N.A. serves as Agent for Fiduciary, with compensation of $16,427 as of December 31, 2023.
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Eugene M McQuade | Director | 1 | — |
| Peggy J McQuade | Director | 1 | — |
| Bank of America N a | Agent for Fiduciary | 1 | $21,466 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does McQuade Family Foundation fund?
The foundation does not have a publicly stated mission statement on file. However, based on recent grantmaking activity, primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Health Care The foundation primarily funds unrestricted general grants to its grantees.
How do I apply for a grant from McQuade Family Foundation?
**Grant Activity (2024)** The foundation made 19 grants in 2024, totaling $966,700. Recent grantees include: • Providence Country Day School — $50,000 (Unrestricted General) • The Ireland Funds America — $25,000 (Unrestricted General) • Catholic Charities Community Services Archdiocese of New York — $25,000 (Unrestricted General) **Grant Characteristics** • Typical award range: $500–$202,500 • Grant type: Primarily unrestricted general support
Where does McQuade Family Foundation make grants?
The foundation's grantmaking is concentrated in: • Massachusetts • New York • Rhode Island
What size grants does McQuade Family Foundation award?
In 2024, McQuade Family Foundation awarded 34 grants totaling $967K — an average of about $28K per grant, based on its IRS Form 990 filings.
How much is McQuade Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, McQuade Family Foundation reported a distributable amount of $168K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is McQuade Family Foundation's EIN?
McQuade Family Foundation's EIN (Employer Identification Number) is 20-2057759. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.