The Mcallister Charitable Foundation

CHICAGO, IL EIN: 76-0556345

The Mcallister Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.4M in total assets. In 2024, it awarded 3 grants totaling $100K. Net investment income was $110K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.4M

-0.6% YoY

Annual Giving

$100K

+22.2% YoY

Grant Count

+200.0% YoY

Avg Grant Size

$33K

-59.3% YoY

Under IRS private-foundation payout rules, The Mcallister Charitable Foundation reported a distributable amount of $129K for 2024 — the minimum it must pay out in qualifying distributions.

About The Mcallister Charitable Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $257K (91%)

Illinois $25K (9%)

States

Illinois North Carolina

Cities

Chapel HillColumbiaRockford

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,386,328	$2,400,275	$2,446,545
Revenue	$120,480	$75,277	$110,779
Expenses	$134,698	$119,188	$53,110
Qualifying Distributions	$122,926	$109,148	$44,648
Net Investment Income	$109,530	$71,250	$57,328
Distributable Amount	$128,741	$127,657	$126,307

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

7 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Unc Health Foundation ($70,168), Community Foundation ($25,000), Red Wolf Coalition ($5,000).

Recipient	Purpose	Amount
UNC HEALTH FOUNDATION Chapel Hill, NC	GENERAL SUPPORT	$70,168
RED WOLF COALITION COLUMBIA, NC	GENERAL SUPPORT	$5,000
COMMUNITY FOUNDATION ROCKFORD, IL	GENERAL SUPPORT	$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ANNE KIMBERLEY USREY	PRESIDENT	5	—
COLIN USREY	DIR/VP	5	—
MOLLIE CULLINANE	DIR/SECY	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Mcallister Charitable Foundation?

The Mcallister Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $2.4M in total assets as of 2024.

How large is The Mcallister Charitable Foundation?

As of 2024, The Mcallister Charitable Foundation holds $2.4M in total assets with $120K in annual revenue. It awarded 3 grants totaling $100K in 2024.

Where does The Mcallister Charitable Foundation operate?

The Mcallister Charitable Foundation has awarded grants in Illinois, North Carolina.

What size grants does The Mcallister Charitable Foundation award?

In 2024, The Mcallister Charitable Foundation awarded 3 grants totaling $100K — an average of about $33K per grant, based on its IRS Form 990 filings.

How much is The Mcallister Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mcallister Charitable Foundation reported a distributable amount of $129K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mcallister Charitable Foundation's EIN?

The Mcallister Charitable Foundation's EIN (Employer Identification Number) is 76-0556345. IRS Form 990 filing data is available on this page for 2020–2024.