The McCarthy Family Foundation
The McCarthy Family Foundation is a private foundation based in Peabody, Massachusetts. In its 2025 filing, it reported giving $122,449 through 25 grants, and stated that it makes contributions only to preselected charitable organizations.
The McCarthy Family Foundation at a glance
In short: The McCarthy Family Foundation gave $122K across 25 grants in 2025 (avg $5K), mostly in Massachusetts. 32% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $122,449
- +1.5% vs 2024
- Grants made (2025)
- 25
- +8.7% vs 2024
- Average grant
- $4,898
- -6.6% vs 2024
- Median grant
- $2,500
- Total assets
- $1,095,469
- -8.4% vs 2024
- New grantees (estimate)
- 32% first-time grantees (8 of 25, 2025)
- Primary geography
- Massachusetts (99% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The McCarthy Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 25 Mandalay Drive, Peabody, MA 01960
Phone: (978) 646-1140
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The McCarthy Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Camp Harbor View Foundation ($30K). Together the top 10 received $105K.
Grant Size Distribution
96 grants across all recorded years
The most common grant size was under $50K: 95 grants of 96 (99%).
Geographic Focus
Where this funder awards grants
In 2025, 99% of grant dollars went to recipients in Massachusetts, 1% to recipients in Maryland, and 0% each to recipients in New Jersey and Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 25 itemized grants.
Cities
Is The McCarthy Family Foundation open to new grantees?
32%
first-time grantees, 2025
In 2025, 8 of 25 grantees (32%) were first-time recipients. First grants averaged $601; repeat grants $7K. How we count
Medians: $510 first-time, $5K repeat.
- 68% of 2025 grantees were also funded in 2024. Method
- Giving grew 20% from 2022 to 2025. Method
- In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $73K (2020) to $170K (2021). In 2025 it made 25 grants totaling $122K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Camp Harbor View Foundation Boston, MA | Primary purpose of the foundation to meet irs minimum distribution | $30,000 |
| City of Peabody Peabody, MA | Primary purpose of the foundation to meet irs minimum distribution | $20,000 |
| Francis Ouimet Scholarship Fund Norton, MA | Primary purpose of the foundation to meet irs minimum distribution | $10,000 |
| Pathways for Children Gloucester, MA | Primary purpose of the foundation to meet irs minimum distribution | $10,000 |
| Northeast Arc Danvers, MA | Primary purpose of the foundation to meet irs minimum distribution | $8,500 |
| St Adelaide's Parish Church Peabody, MA | Primary purpose of the foundation to meet irs minimum distribution | $7,500 |
| Lahey Hospital & Medical Center Peabody, MA | Primary purpose of the foundation to meet irs minimum distribution | $5,000 |
| Peabody Institute Library Peabody, MA | Primary purpose of the foundation to meet irs minimum distribution | $5,000 |
| Salem Hospital Salem, MA | Primary purpose of the foundation to meet irs minimum distribution | $5,000 |
| Mass General Development Boston, MA | Primary purpose of the foundation to meet irs minimum distribution | $4,143 |
Ready to take the next step with The McCarthy Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,095,469 | $84,513 | $144,110 | $122,449 | 25 | $133,230 | $67,700 | $138,655 |
| 2024 | $1,195,493 | $95,701 | $143,312 | $120,620 | 23 | $131,336 | $83,727 | $130,321 |
| 2023 | $1,243,218 | $89,886 | $152,795 | $139,255 | 19 | $145,886 | $82,977 | $114,627 |
| 2022 | $1,307,449 | $87,136 | $119,578 | $102,000 | 15 | $110,020 | $76,458 | $115,313 |
| 2021 | $1,345,216 | $142,628 | $186,251 | $170,200 | 14 | $178,141 | $134,518 | $117,415 |
| 2020 | $1,386,918 | $59,439 | $91,658 | $73,000 | 11 | — | $46,569 | $102,378 |
Under IRS private-foundation payout rules, The McCarthy Family Foundation reported a distributable amount of $139K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for a range of charitable organizations. Among the grantees described in their own statements, Camp Harbor View Foundation says it operates a camp that exposes underserved youth to future possibilities; Pathways for Children says it supports children and families affected by economic and social inequity; and Citizens Inn says it works to prevent and end hunger and homelessness through integrated services. These are the grantees’ missions, not stated missions of the foundation.
Grantmaking
In filing year 2025, the foundation reported 25 grants totaling $122,449. Grants ranged from $250 to $30,000, with a median grant of $2,500. The filing records the grants’ purpose as “primary purpose of the foundation to meet IRS minimum distribution.”
Largest reported grants included $30,000 to Camp Harbor View Foundation, $20,000 to the City of Peabody, $10,000 each to the Francis Ouimet Scholarship Fund and Pathways for Children, and $8,500 to Northeast Arc. Other notable grants included $7,500 to St Adelaide’s Parish Church and $5,000 each to Lahey Hospital & Medical Center, Peabody Institute Library, and Salem Hospital. The foundation also gave $2,500 to Citizens Inn and $2,500 to Peabody Essex Museum.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Arthur E McCarthy, John M McCarthy, Donna M McCarthy, Arthur T McCarthy, and Brian E McCarthy as trustees.
The McCarthy Family Foundation's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Arthur T. McCarthy
Trustee
On filings since 2020
No compensation reported
Brian E. McCarthy
Trustee
On filings since 2020
No compensation reported
Donna M. McCarthy
Trustee
On filings since 2020
No compensation reported
John M. McCarthy
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The McCarthy Family Foundation
How much does The McCarthy Family Foundation give each year?
The McCarthy Family Foundation gave $122K across 25 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $121K across 23 grants.
What is The McCarthy Family Foundation's typical grant size?
The McCarthy Family Foundation's median grant in 2025 was $2,500, and its average grant was $4,898, across 25 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The McCarthy Family Foundation that year got $601 on average.
Where does The McCarthy Family Foundation give grants?
The McCarthy Family Foundation gives mostly in Massachusetts: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Peabody, MA (5 grants), Boston, MA (4 grants), Norton, MA (2 grants) and Salem, MA (2 grants).
Does The McCarthy Family Foundation give general operating support?
Not in 2025: none of the 25 grants with a stated purpose on The McCarthy Family Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are The McCarthy Family Foundation's largest grantees?
The McCarthy Family Foundation's largest 2025 grantees include Camp Harbor View Foundation ($30,000), City of Peabody ($20,000) and Francis Ouimet Scholarship Fund ($10,000), according to its 2025 IRS Form 990-PF. Together they received 49% of its itemized 2025 grant dollars.
How large is The McCarthy Family Foundation?
The McCarthy Family Foundation reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $133K in qualifying distributions that year, against a required minimum of $139K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The McCarthy Family Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants show support for a range of charitable organizations. See mission & focus areas ↑
How do I apply for a grant from The McCarthy Family Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The McCarthy Family Foundation's EIN?
The McCarthy Family Foundation's EIN (Employer Identification Number) is 03-6075387. IRS Form 990 filing data is available on this page for 2020–2025.
Does The McCarthy Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The McCarthy Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in The McCarthy Family Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The McCarthy Family Foundation funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/the-mccarthy-family-foundation-morg_93b5a13cf5cf4e16b97d14f89396108a
BibTeX
@misc{grantable_036075387_2026,
author = {{Grantable}},
title = {{The McCarthy Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-mccarthy-family-foundation-morg_93b5a13cf5cf4e16b97d14f89396108a},
note = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The McCarthy Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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