The Chuck and Monica Mcquaid
The Chuck and Monica McQuaid Family Foundation is a private grantmaking foundation established in February 2012 and based in Downers Grove, Illinois. The foundation operates as a 501(c)(3) charitable organization dedicated to philanthropic giving across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.3M
+0.2% YoY
Grant Count
10
+0.0% YoY
Avg Grant Size
$132K
+0.2% YoY
Mission & Focus Areas
The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Arts, Culture & Humanities
The foundation directs grants primarily to organizations in Illinois, Massachusetts, and the Virgin Islands.
Grantmaking
How to Apply
** No specific application procedures or requirements are documented in available sources.
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in:
- Illinois
- Massachusetts
- Virgin Islands
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount | Year |
|---|---|---|
| Total Assets | $5,763,452 | 2024 |
| Total Giving | $1,318,136 | 2024 |
| Revenue | $1,080,000 | 2024 |
| Total Liabilities | $0 | 2024 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pulmonary Fibrosis Foundation ($248,738), Friends of Virgin Islands National Park ($200,000), The Morton Arboretum ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALL HANDS AND HEARTS MATTAPOISETT, MA | US HURRICANE FUND | $20,000 |
| BRIDGE COMMUNITIES INC GLEN ELLYN, IL | TRANSITIONAL HOUSING PROGRAM - EDUCATION PROGRAM | $80,000 |
| FRIENDS OF VIRGIN ISLANDS NATIONAL PARK ST JOHN, VI | ARCHEOLOGY, HERITAGE PROJECTS, MAINTENANCE AND TRAILS PROGRAMS | $200,000 |
| HEART OF NEW ENGLAND COUNCIL BSA WORCESTER, MA | RENOVATE TREASURE VALLEY'S LIFE LODGE | $100,000 |
| MUSEUM OF SCIENCE AND INDUSTRY CHICAGO, IL | GENERAL FUND | $120,000 |
| PULMONARY FIBROSIS FOUNDATION CHICAGO, IL | CARE CENTER NETWORK AND PULMONARY FIBROSIS FOUNDATION REGISTRY | $248,738 |
| ST ALOYSIUS CATHOLIC SCHOOL GILBERTVILLE, MA | OPERATING EXPENSES | $125,000 |
| THE MORTON ARBORETUM LISLE, IL | UNRESTRICTED | $150,000 |
| UNIVERSITY OF CHICAGO BOOTH SCHOLARSHIP CHICAGO, IL | CURRENT SCHOLARSHIPS | $125,000 |
| UNIVERSITY OF MASSACHUSETTS AMHERST, MA | ENDOWED AND CURRENT SCHOLARSHIPS | $149,398 |
Leadership & Key People
Leadership team and compensation from IRS filings
Chuck McQuaid is a Chartered Financial Analyst with 40 years of experience in the investment industry. He spent 38 years with Columbia Wanger Asset Management and its predecessor companies, where he served as Portfolio Manager, Chief Investment Officer, and President. He has been a Trustee of the Morton Arboretum in Lisle, Illinois since 2016 and previously served as a Trustee of Beloit College from 2011 to 2020. He holds a B.B.A. from the University of Massachusetts (1974) and an M.B.A. in Finance from the University of Chicago (1976).
Monica McQuaid is co-founder of the foundation and resides with Chuck in Downers Grove, Illinois.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES P MCQUAID | SOLE TRUSTEE | — | — |
| MONICA MCQUAID | MEMBER OF THE DISTRIBUTION | — | — |
| JAMES JOSEPH MCQUAID | MEMBER OF THE DISTRIBUTION | — | — |
Contact Information
Address: 1341 Turvey Road, Downers Grove, IL 60515-4547
Telephone: 630-852-8238
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Chuck and Monica Mcquaid fund?
The foundation's primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Arts, Culture & Humanities The foundation directs grants primarily to organizations in Illinois, Massachusetts, and the Virgin Islands.
How do I apply for a grant from The Chuck and Monica Mcquaid?
**Grant Amounts:** Typical awards range from $12,000 to $250,000. **Annual Giving:** The foundation distributed $1,318,136 in grants during its most recent fiscal year (2024). **Application Process:** No specific application procedures or requirements are documented in available sources.
Where does The Chuck and Monica Mcquaid make grants?
The foundation primarily supports organizations in: • Illinois • Massachusetts • Virgin Islands
What size grants does The Chuck and Monica Mcquaid award?
In 2024, The Chuck and Monica Mcquaid awarded 10 grants totaling $1.3M — an average of about $132K per grant, based on its IRS Form 990 filings.
What is The Chuck and Monica Mcquaid's EIN?
The Chuck and Monica Mcquaid's EIN (Employer Identification Number) is 45-6540620. 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.
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