The Mclain Foundation (us)

TARRYTOWN, NY EIN: 98-0685900

The Mclain Foundation (us) is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TARRYTOWN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $28.2M in total assets. In 2024, it awarded 9 grants totaling $546K. Net investment income was $930K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$28.2M

+14.1% YoY

Annual Giving

$546K

-80.6% YoY

Grant Count

9

+50.0% YoY

Avg Grant Size

$61K

-87.1% YoY

Under IRS private-foundation payout rules, The Mclain Foundation (us) reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.

About The Mclain Foundation (us)

Based on IRS filings

The Mclain Foundation (us) is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TARRYTOWN, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $28.2M in total assets. In 2024, it awarded 9 grants totaling $546K. Net investment income was $930K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

BerkeleyCamdenDurhamNew YorkOakwoodPrincetonRed BankWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$9M20202021202220232024
Metric202420232022
Total Assets$28,215,742$24,738,202$25,189,485
Revenue$4,290,239$2,686,420$4,540,572
Expenses$801,249$2,993,301$1,503,154
Qualifying Distributions$546,088$2,811,423$1,248,274
Net Investment Income$929,833$1,442,025$360,283
Distributable Amount$1,422,872$1,335,842$1,232,886

Giving Over Time

Total grant dollars and number of grants per year

$0$703K$1M$2M$3M9 grants202014 grants202112 grants20226 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

DONMAR WAREHOUSE$126KPRINCETON UNIVERSITY$100KSMITHSONIAN$100KWOMEN FOR WOMEN INTERNAT…$88KFELIX PROJECT$64KLIGER CHARITABLE FOUNDAT…$30KMIDDLE EAST CHILDREN'S A…$15KWEST LONDON ZONE$13KJUMBY BAY FUND INC$10K

Grant Size Distribution

50 grants across all recorded years

31<$50K6$50–100K9$100–250K1$250–500K$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Donmar Warehouse ($126,328), Princeton University ($100,000), Smithsonian ($100,000).

RecipientPurposeAmount
DONMAR WAREHOUSE ARTS$126,328
FELIX PROJECT MEDICAL$64,344
JUMBY BAY FUND INC CAMDEN, MEEDUCATIONAL$10,000
LIGER CHARITABLE FOUNDATION RED BANK, NJEDUCATION$30,000
MIDDLE EAST CHILDREN'S ALLIANCE BERKELEY, CASOCIAL$15,000
PRINCETON UNIVERSITY PRINCETON, NJEDUCATIONAL$100,000
SMITHSONIAN WASHINGTON, DCEDUCATIONAL$100,000
WEST LONDON ZONE EDUCATIONAL$12,709
WOMEN FOR WOMEN INTERNATIONAL EDUCATIONAL$87,707

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
B HARDY MCLAINPRESIDENT
HELLE MCLAINSECRETARY
IAN TERRYTRUSTEE
CARINA MCLAINTRUSTEE
CAMERON MCLAINTRUSTEE
CHELSEA MCLAINTRUSTEE
CHLOE MCLAINTRUSTEE
CHRISTOPHER KEECH FLECTHERDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Mclain Foundation (us)?

The Mclain Foundation (us) is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TARRYTOWN, NY. It holds $28.2M in total assets as of 2024.

How large is The Mclain Foundation (us)?

As of 2024, The Mclain Foundation (us) holds $28.2M in total assets with $4.3M in annual revenue. It awarded 9 grants totaling $546K in 2024.

Where does The Mclain Foundation (us) operate?

The Mclain Foundation (us) has awarded grants in California, District of Columbia, Maine, North Carolina, New Jersey, New York, Ohio.

What size grants does The Mclain Foundation (us) award?

In 2024, The Mclain Foundation (us) awarded 9 grants totaling $546K — an average of about $61K per grant, based on its IRS Form 990 filings.

How much is The Mclain Foundation (us) required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mclain Foundation (us) reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mclain Foundation (us)'s EIN?

The Mclain Foundation (us)'s EIN (Employer Identification Number) is 98-0685900. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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