The Chuck and Monica Mcquaid

DOWNERS GROVE, IL EIN: 45-6540620

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

8states

Cities

AMHERSTARLINGTONASHEVILLEBELOITCHICAGOGENEVAGILBERTVILLEGLEN ELLYNLISLEMATTAPOISETTNAPLESNASHVILLERESTONST JOHNWESTCHESTERWORCESTER

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$400K$800K$1M$2M15 grants202014 grants202112 grants202210 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PULMONARY FIBROSIS FOUND…$249KFRIENDS OF VIRGIN ISLAND…$200KTHE MORTON ARBORETUM$150KUNIVERSITY OF MASSACHUSE…$149KST ALOYSIUS CATHOLIC SCH…$125KUNIVERSITY OF CHICAGO BO…$125KMUSEUM OF SCIENCE AND IN…$120KHEART OF NEW ENGLAND COU…$100KBRIDGE COMMUNITIES INC$80KALL HANDS AND HEARTS$20K

Grant Size Distribution

61 grants across all recorded years

7<$50K14$50–100K37$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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

NameTitleHoursCompensation
CHARLES P MCQUAIDSOLE TRUSTEE
MONICA MCQUAIDMEMBER OF THE DISTRIBUTION
JAMES JOSEPH MCQUAIDMEMBER 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

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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