The Mccarty Cheney Foundation Inc

PALM BEACH, FL EIN: 58-1867301

The McCarty Cheney Foundation Inc is a private foundation based in Palm Beach, Florida, designated as a 501(c)(3) organization. The foundation has been tax-exempt since April 1990. It operates as a grantmaking foundation supporting charitable initiatives across multiple states.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.8M

+7.6% YoY

Annual Giving

$721K

+66.9% YoY

Grant Count

10

+100.0% YoY

Avg Grant Size

$72K

-16.6% YoY

Under IRS private-foundation payout rules, The Mccarty Cheney Foundation Inc reported a distributable amount of $214K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's grantmaking focuses on:

  • Education
  • Human Services and poverty alleviation
  • Philanthropy, voluntarism, and grantmaking
  • Greatest need and general charitable purposes
  • Alzheimer's programs

The foundation supports initiatives in multiple states including Alabama, Florida, Georgia, New Jersey, New York, and Virginia, with particular activity in cities such as Atlanta, Sarasota, and Staten Island.

Grantmaking

The foundation is open to new applicants, with approximately 12% of new applicants receiving funding.

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Geographic Focus

Where this funder awards grants

The foundation supports organizations across six states: Alabama, Florida, Georgia, New Jersey, New York, and Virginia.

Grant Distribution by State

8states

Cities

AtlantaBlairstownBooneFayettevilleGeorgetownLoxahatchee GrovesMarionMidlothianMiramar BeachNew MarketSarasotaSt PetersburgStaten IslandTallulah FallsWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2023):

  • Total assets: $3,558,890
  • Total revenues: $115,019
  • Total expenses: $477,593
  • Total liabilities: $1,230

Income Composition (2023):

  • Investment income and dividends: $103,957
  • Net gain from sale of non-inventory assets: $11,062

Assets (2024 filing):

  • Total assets: $3,830,003
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$346K$692K$1M$1M20202021202220232024
Metric202420232022
Total Assets$3,830,003$3,558,890$3,923,246
Revenue$1,037,083$115,019$-58,863
Expenses$766,939$477,593$780,456
Qualifying Distributions$722,425$437,497$748,117
Net Investment Income$1,006,560$75,979$76,186
Distributable Amount$214,186$211,598$248,056

Giving Over Time

Total grant dollars and number of grants per year

$0$186K$373K$559K$745K8 grants20206 grants202110 grants20225 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HELPING HANDS MINISTRIES…$222KMISSIONARY MINISTRIES$190KBIG DOG RANCH RESCUE$100KSOUTH SUDAN NATIONS BUIL…$100KHOPEWELL MISSIONARY BAPT…$50KSAMARITAN'S PURSE$25KBASSET HOUND RESCUE$15KINDIE INSTITUTE FINAL FR…$8KCELEBRITIES FOR CHARITIE…$6KGULF GATE LODGE NO 608 L…$5K

Grant Size Distribution

39 grants across all recorded years

19<$50K4$50–100K15$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Helping Hands Ministries Inc ($222,000), Missionary Ministries ($190,000), Big Dog Ranch Rescue ($100,000).

RecipientPurposeAmount
BIG DOG RANCH RESCUE LOXAHATCHEE GROVES, FLGREATEST NEED$100,000
CELEBRITIES FOR CHARITIES INC MIRAMAR BEACH, FLGENERAL$6,000
HELPING HANDS MINISTRIES INC TALLULAH FALLS, GAGREATEST NEED$222,000
HOPEWELL MISSIONARY BAPTIST CHURCH NEW MARKET, ALGENERAL$50,000
MISSIONARY MINISTRIES ST PETERSBURG, FLGREATEST NEED$190,000
SOUTH SUDAN NATIONS BUILDERS MIDLOTHIAN, VAGENERAL$100,000
GULF GATE LODGE NO 608 LOYAL ORDER OF MOOSE SARASOTA, FLGENERAL$5,000
BASSET HOUND RESCUE FAYETTEVILLE, GAGENERAL$15,000
INDIE INSTITUTE FINAL FRONTIER RESCUE PROJECT GEORGETOWN, TXGENERAL$8,000
SAMARITAN'S PURSE BOONE, NCGENERAL$25,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by unpaid trustees:

  • Eleanor Frances Cheney — President and Treasurer
  • Johanna F Cheney — Secretary
  • William H Cheney Jr — Trustee

None of the key personnel receive compensation for their roles.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ELEANOR FRANCES CHENEYPRESIDENT & TREASURER1
JOHANNA F CHENEYSECRETARY1
WILLIAM H CHENEY JRTRUSTEE1

Contact Information

Principal Address: 2660 South Ocean Boulevard, Unit 503 South Palm Beach, FL 33480-6568

EIN: 58-1867301

Frequently Asked Questions

What does The Mccarty Cheney Foundation Inc fund?

The foundation's grantmaking focuses on: • Education • Human Services and poverty alleviation • Philanthropy, voluntarism, and grantmaking • Greatest need and general charitable purposes • Alzheimer's programs The foundation supports initiatives in multiple states including Alabama, Florida, Georgia, New Jersey, New York, and Virginia, with particular activity in cities such as Atlanta, Sarasota, and Staten Island.

How do I apply for a grant from The Mccarty Cheney Foundation Inc?

**Grant Activity:** • Total giving reported at $721,000 (2024 filing) • Annual grants of approximately $432,000 (recent year) • Typical award range: $2,000–$240,000 • Recent grants include $90,000 to South Sudan Nation BLDRS and $6,000 to Celebrities for Charity (2023) The foundation is open to new applicants, with approximately 12% of new applicants receiving funding.

Where does The Mccarty Cheney Foundation Inc make grants?

The foundation supports organizations across six states: Alabama, Florida, Georgia, New Jersey, New York, and Virginia.

What size grants does The Mccarty Cheney Foundation Inc award?

In 2024, The Mccarty Cheney Foundation Inc awarded 10 grants totaling $721K — an average of about $72K per grant, based on its IRS Form 990 filings.

How much is The Mccarty Cheney Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mccarty Cheney Foundation Inc reported a distributable amount of $214K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mccarty Cheney Foundation Inc's EIN?

The Mccarty Cheney Foundation Inc's EIN (Employer Identification Number) is 58-1867301. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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

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