The McCourt Foundation Inc logo

The McCourt Foundation Inc

Public charity · Grantmaker South Boston, MA EIN: 90-0623963 Website

Striving to help cure neurological diseases, while empowering communities to build a healthier world.

The McCourt Foundation Inc at a glance

In short: The McCourt Foundation Inc gave $1.4M across 8 grants in 2024 (avg $169K), mostly in California. Source: 2024 IRS Form 990.

Annual giving (2024)
$1,354,638
+20.7% vs 2023
Grants made (2024)
8
+33.3% vs 2023
Average grant
$169,330
-9.4% vs 2023
Median grant
$35,000
Total assets
$19,885,731
-0.6% vs 2023
Primary geography
California (78% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who The McCourt Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Students Run America DBA Students Run LA: $929KStudents Run America DBAStudents Run LA$929KMassachusetts General Hospital: $230KMassachusetts General Hospital$230KLos Angeles Unified School District: $88KLos Angeles Unified SchoolDistrict$88KBrigham & Womens Hospital: $35KBrigham & Womens Hospital$35KCedars-Sinai Medical Center: $35KCedars-Sinai Medical Center$35KThe Boston Home: $16KThe Boston Home$16KMassachusetts Mecfs & FM Association: $13KMassachusetts Mecfs & FMAssociation$13KThe Lead Out Foundation: $9KThe Lead Out Foundation$9K

The largest 2024 recipient was Students Run America DBA Students Run LA ($929K). Together the top 8 received $1.4M.

Grant Size Distribution

31 grants across all recorded years

20<$50K2$50–100K5$100–250K$250–500K4$500K–1M$1–5M$5M+

The most common grant size was under $50K: 20 grants of 31 (65%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 8 itemized grants.

Cities

BostonLos AngelesHinghamTarzanaMilfordQuincySomerville

How The McCourt Foundation Inc gives

  • Giving grew 632% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M5 grants2019 7 grants2020 3 grants2021 7 grants2022 6 grants2023 8 grants2024

From 2019 to 2024, annual grant giving ranged from $185K (2021) to $1.4M (2024). In 2024 it made 8 grants totaling $1.4M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Students Run America DBA Students Run LA Tarzana, CAEvent Entries for Students$929,200
Massachusetts General Hospital Boston, MASupporting Neurology Research$230,000
Los Angeles Unified School District Los Angeles, CA26TH MILE$87,500
Brigham & Womens Hospital Boston, MASupporting Neurology Research$35,000
Cedars-Sinai Medical Center Los Angeles, CASupporting Neurology Research$35,000
The Boston Home Boston, MAWe seek to make a compelling difference in the lives of adults with advanced multiple sclerosis and other progressive neurological conditions.$15,513
Massachusetts Mecfs & FM Association Quincy, MAGeneral Support$13,262
The Lead Out Foundation Hingham, MAAspires to make life easier for those with spina bifida and accessibility and mobility challenges.$9,163
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$19,885,731$10,248,455$12,136,456$1,354,6388$37,315
2023$20,009,505$8,739,099$11,250,811$1,121,8856$20,920
2022$21,783,885$6,244,258$11,260,674$1,190,2257$4,893
2021$29,762,470$6,917,849$6,538,434$185,0003$46,136
2020$29,164,650$9,549,769$8,021,980$1,101,5657$-2,982
2019$30,802,971$24,821,556$578,113$283,4915$42,945

About The McCourt Foundation Inc

Based on IRS filings

The McCourt Foundation Inc is a public charity, based in South Boston, MA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $19.9M in total assets. In 2024, it awarded 8 grants totaling $1.4M. Net investment income was $37K.

Leadership & Key People

Officers and directors from IRS filings

The McCourt Foundation Inc is led by Brian McCourt, President since 2024 (on filings since 2019); 6 of 8 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Brian McCourt

    President

    President → Chairman & President, 2020

    Chairman & President → President, 2024

    On filings since 2019

    40 hrs/week

    $81K (2019) → $90K (2024)

  • John Duke

    Senior Director of Partnerships

    Senior Director → Senior Director of Partnerships, 2022

    On filings since 2020

    40 hrs/week

    $267K (2020) → $145K (2024)

  • Laurie Gestal

    Senior Director Marketing

    On filings since 2022

    40 hrs/week

    $174K (2022) → $174K (2024)

  • Stacy Ferraro

    Senior Director of Operations

    On filings since 2022

    40 hrs/week

    $139K (2022) → $143K (2024)

  • Claudia Gliga

    Accounting Manager

    On filings since 2020

    40 hrs/week

    $125K (2020) → $146K (2024)

  • Murphy Reinschreiber

    Chief Operating Officer

    On filings since 2020

    40 hrs/week

    $266K (2020) → $246K (2024)

  • Ryan McCourt

    Clerk

    Member → Director, 2021

    Director → Clerk, 2024

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Frank McCourt

    Treasurer

    Member → Director, 2021

    Director → Treasurer, 2024

    On filings since 2020

    0.3 hrs/week

    No compensation reported

Former officers (4)
  • Former: Paul McCourt (2019–2022) — Treasurer
  • Former: John Palmer (2020–2021) — Senior Director
  • Former: Stacy Embretson (2020–2021) — Senior Director of Operati
  • Former: Peter McCourt (2019) — Secretary

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Murphy Reinschreiber — Chief Operating Officer: $246KMurphy ReinschreiberChief Operating Officer$246KLaurie Gestal — Senior Director Marketing: $174KLaurie GestalSenior Director Marketing$174KClaudia Gliga — Accounting Manager: $146KClaudia GligaAccounting Manager$146KJohn Duke — Senior Director of Partnerships: $145KJohn DukeSenior Director of Partnerships$145KStacy Ferraro — Senior Director of Operations: $143KStacy FerraroSenior Director of Operations$143KBrian McCourt — President: $90KBrian McCourtPresident$90K

The highest reported compensation on the 2024 filing was $246K, to Murphy Reinschreiber (Chief Operating Officer). 6 officers or directors reported compensation on that filing.

Frequently asked questions about The McCourt Foundation Inc

How much does The McCourt Foundation Inc give each year?

The McCourt Foundation Inc gave $1.4M across 8 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.1M across 6 grants.

What is The McCourt Foundation Inc's typical grant size?

The McCourt Foundation Inc's median grant in 2024 was $35,000, and its average grant was $169,330, across 8 grants on its 2024 IRS Form 990.

Where does The McCourt Foundation Inc give grants?

The McCourt Foundation Inc gives mostly in California: 78% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Massachusetts (22%). The most frequent recipient cities were Boston, MA (3 grants) and Los Angeles, CA (2 grants).

Does The McCourt Foundation Inc give general operating support?

Yes: 13% of The McCourt Foundation Inc's 2024 grants with a stated purpose (1 of 8) were for general or operating support, per its 2024 IRS Form 990. Recurring purposes include "Supporting Neurology Research" (3 grants).

Who are The McCourt Foundation Inc's largest grantees?

The McCourt Foundation Inc's largest 2024 grantees include Students Run America DBA Students Run LA ($929,200), Massachusetts General Hospital ($230,000) and Los Angeles Unified School District ($87,500), according to its 2024 IRS Form 990. Together they received 92% of its itemized 2024 grant dollars.

How large is The McCourt Foundation Inc?

The McCourt Foundation Inc reported $19.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $10.2M.

What is The McCourt Foundation Inc's EIN?

The McCourt Foundation Inc's EIN (Employer Identification Number) is 90-0623963. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS June 23, 2021)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS December 20, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS June 13, 2025)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS November 16, 2025)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The McCourt Foundation Inc'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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