The Macmillan Family Foundation Inc
The Macmillan Family Foundation Inc. is a private grantmaking foundation based in New York, NY. Established in January 2003, it operates as a 501(c)(3) charitable organization with a focus on supporting research, education, and the arts.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$554.9M
+17.2% YoY
Annual Giving
$23.3M
-2.0% YoY
Grant Count
151
+19.8% YoY
Avg Grant Size
$154K
-18.2% YoY
Under IRS private-foundation payout rules, The Macmillan Family Foundation Inc reported a distributable amount of $27.6M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Cancer and medical research
- Education
- The arts
- Human services
- Philanthropy, voluntarism, and grantmaking
Grantmaking
The foundation operates on a preselected-only basis, meaning it does not accept unsolicited grant applications. The foundation only makes contributions to organizations it has preselected.
Grant Range
$50,000
How to Apply
**
Ready to take the next step with The Macmillan Family Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation's grantmaking is primarily concentrated in:
- New York
- New Jersey
- Pennsylvania
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets and Giving (2024):
- Total assets: $554,904,342 to $676,000,000 (figures vary across filings)
- Total giving: $23,288,500
- Total revenue: $114,000,000
- Total expenses: $31,300,000
- Total liabilities: $0
The foundation ranks in the top 1% of U.S. foundations by asset size (#278 of 159,550).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $554,904,342 | $473,573,312 | $422,513,561 |
| Revenue | $113,765,590 | $82,578,488 | $86,191,966 |
| Expenses | $31,318,999 | $30,449,695 | $27,951,836 |
| Qualifying Distributions | $24,324,377 | $24,650,504 | $22,675,436 |
| Net Investment Income | $40,072,001 | $12,731,240 | $15,230,345 |
| Distributable Amount | $27,584,314 | $23,983,741 | $21,582,540 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Columbia University ($1,600,000), Canadian Institute for Advanced Research ($1,000,000), Children's Hospital of Philadelphia Foundation ($575,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 92ND STREET Y NEW YORK, NY | GENERAL PURPOSE | $50,000 |
| AIM BY KYLE ABRAHAM NEW YORK, NY | GENERAL PURPOSE | $25,000 |
| ACTORS FUND NEW YORK, NY | GENERAL PURPOSE | $25,000 |
| ALL OUR KIN INC NEW HAVEN, CT | GENERAL PURPOSE | $146,500 |
| ARTS ED NJ BURLINGTON, NJ | GENERAL PURPOSE | $37,500 |
| ATLANTIC THEATRE COMPANY NEW YORK, NY | GENERAL PURPOSE | $25,000 |
| BARBERSHOP BOOKS NEW YORK, NY | GENERAL PURPOSE | $40,000 |
| BEAM CENTER BROOKLYN, NY | GENERAL PURPOSE | $100,000 |
| BETH MORRISON PROJECTS BROOKLYN, NY | GENERAL PURPOSE | $50,000 |
| BOOKS ARE WINGS INC PAWTUCKET, RI | GENERAL PURPOSE | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board and Staff:
| Name | Title | Hours/Week | Compensation |
|---|---|---|---|
| Duncan Macmillan | Chairman | 3 | $0 |
| Nancy Macmillan | President and Treasurer | 15 | $0 |
| Kevin Macmillan | Secretary | 3 | $0 |
| Alissa Macmillan | Director | 3 | $0 |
| Arlene Shuler | Grants Administrator | 40 | $399,000 |
| Sophia Andreassi | Grants Administrator | 40 | $102,000 |
| Kristan Ewald | Grants Administrator | 40 | $63,000 |
The foundation is family-led with dedicated paid staff managing grant administration.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DUNCAN MACMILLAN | CHAIRMAN | 3 | — |
| NANCY MACMILLAN | PRESIDENT AND TREASURER | 15 | — |
| KEVIN MACMILLAN | SECRETARY | 3 | — |
| ALISSA MACMILLAN | DIRECTOR | 3 | — |
Recent News & Activity
Recent developments and announcements
The foundation has demonstrated recent grant activity, with grants recorded in current tax filings. The foundation maintains an active grantmaking program with dedicated staff managing grant administration and selection processes.
The Macmillan Family Foundation Inc. - Grantmakers.ioSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Macmillan Family Foundation Inc fund?
The foundation's grantmaking priorities include: • Cancer and medical research • Education • The arts • Human services • Philanthropy, voluntarism, and grantmaking
How do I apply for a grant from The Macmillan Family Foundation Inc?
**Grant Activity:** • Made 151 grants in the most recent filing period • Median grant size: $50,000 • Grant range: $5,000 to $5,000,000 • Total giving: $23,288,500 (2024) **Application Process:** The foundation operates on a preselected-only basis, meaning it does not accept unsolicited grant applications. The foundation only makes contributions to organizations it has preselected.
Where does The Macmillan Family Foundation Inc make grants?
The foundation's grantmaking is primarily concentrated in: • New York • New Jersey • Pennsylvania
What size grants does The Macmillan Family Foundation Inc award?
In 2024, The Macmillan Family Foundation Inc awarded 151 grants totaling $23.3M — an average of about $154K per grant, based on its IRS Form 990 filings.
How much is The Macmillan Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Macmillan Family Foundation Inc reported a distributable amount of $27.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Macmillan Family Foundation Inc's EIN?
The Macmillan Family Foundation Inc's EIN (Employer Identification Number) is 48-1286405. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Macmillan Family Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Reich Family Charitable Trust
BROOKLYN, NY
Assets
$689K
Grants
1
Total Given
$453K
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
The Hilary Grace Foundation Inc
EAST AMHERST, NY
Assets
$126K
Grants
2
Total Given
$36K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Macmillan Family Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Macmillan Family Foundation Inc to a real strategy.