The Mccarthy Family Foundation

PEABODY, MA EIN: 03-6075387

The Mccarthy Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PEABODY, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 23 grants totaling $121K. Net investment income was $84K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

-3.8% YoY

Annual Giving

$121K

-13.4% YoY

Grant Count

23

+21.1% YoY

Avg Grant Size

$5K

-28.4% YoY

About The Mccarthy Family Foundation

Based on IRS filings

The Mccarthy Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PEABODY, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 23 grants totaling $121K. Net investment income was $84K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BostonBurlingtonCambridgeDallasDanversGloucesterLynnfieldMarbleheadMarlboroughMemphisNew YorkNorth AndoverNortonPeabodySalemSouth WeymouthWheatonWoburn

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$51K$102K$154K$205K20202021202220232024
Metric202420232022
Total Assets$1,195,493$1,243,218$1,307,449
Revenue$95,701$89,886$87,136
Expenses$143,312$152,795$119,578
Qualifying Distributions$131,336$145,886$110,020
Net Investment Income$83,727$82,977$76,458
Distributable Amount$130,321$114,627$115,313

Giving Over Time

Total grant dollars and number of grants per year

$0$43K$85K$128K$170K11 grants202014 grants202115 grants202219 grants202323 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CAMP HARBOR VIEW FOUNDAT…$30KCITY OF PEABODY$20KFRANCIS OUIMET SCHOLARSH…$10KPATHWAYS FOR CHILDREN$10KNORTHEAST ARC$8KST ADELAIDE'S PARISH CHU…$8KLAHEY HOSPITAL & MEDICAL…$5KPEABODY INSTITUTE LIBRARY$5KSALEM HOSPITAL$5KMASS GENERAL DEVELOPMENT$3K

Grant Size Distribution

82 grants across all recorded years

81<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ARTHUR E MCCARTHYTRUSTEE
JOHN M MCCARTHYTRUSTEE
DONNA M MCCARTHYTRUSTEE
ARTHUR T MCCARTHYTRUSTEE
BRIAN E MCCARTHYTRUSTEE

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.

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