The McShane Foundation
The McShane Foundation is a private foundation focused on Education, based in Rosemont, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 6 grants totaling $105K. Net investment income was $42K.
The McShane Foundation at a glance
In short: The McShane Foundation gave $105K across 6 grants in 2025 (avg $18K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $105,100
- -10.2% vs 2024
- Grants made (2025)
- 6
- +50.0% vs 2024
- Average grant
- $17,517
- -40.1% vs 2024
- Median grant
- $8,500
- Total assets
- $1,210,500
- -5.2% vs 2024
- Primary geography
- Illinois (88% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The McShane Foundation funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was Concern Worldwide ($50K). Together the top 6 received $105K.
Grant Size Distribution
20 grants across all recorded years
The most common grant size was under $50K: 13 grants of 20 (65%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How The McShane Foundation gives
- Giving fell 30% from 2022 to 2025. Method
- In 2025 it paid out 114% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $80K (2020) to $150K (2022). In 2025 it made 6 grants totaling $105K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Concern Worldwide Chicago, IL | Unrestricted | $50,000 |
| Christ the King Chicago, IL | Unrestricted | $35,000 |
| Caritas of Austin Austin, TX | Unrestricted | $12,000 |
| Goldie Initiative Buffalo Grove, IL | Unrestricted | $5,000 |
| Loyola Academy Wilmette, IL | Unrestricted | $2,500 |
| Houston Food Bank Houston, TX | Unrestricted | $600 |
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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 | $1,210,500 | $55,048 | $120,969 | $105,100 | 6 | $106,490 | $42,066 | $93,636 |
| 2024 | $1,276,421 | $67,261 | $131,638 | $117,000 | 4 | $118,390 | $55,274 | $88,512 |
| 2023 | $1,340,798 | $153,771 | $124,269 | $112,000 | 6 | $113,380 | $43,815 | $78,824 |
| 2022 | $1,311,296 | $142,029 | $162,172 | $150,000 | 2 | $151,393 | $32,138 | $76,439 |
| 2021 | $1,331,439 | $198,843 | $142,323 | $130,000 | 2 | $131,263 | $37,783 | $85,179 |
| 2020 | $1,274,920 | $88,976 | $92,097 | $80,000 | 2 | — | $29,608 | $72,573 |
Under IRS private-foundation payout rules, The McShane Foundation reported a distributable amount of $94K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The McShane Foundation is led by James A. McShane, President, Secretary & Director on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
James A. McShane
President, Secretary & Director
On filings since 2020
1 hr/week
No compensation reported
Mary G. McShane
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Annie McShane
Director
On filings since 2022
0.1 hrs/week
No compensation reported
Daniel McShane
Director
On filings since 2022
0.1 hrs/week
No compensation reported
Former officers (1)
- Former: Pat Glascow (2020–2021) — Director
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 McShane Foundation
How much does The McShane Foundation give each year?
The McShane Foundation gave $105K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $117K across 4 grants.
What is The McShane Foundation's typical grant size?
The McShane Foundation's median grant in 2025 was $8,500, and its average grant was $17,517, across 6 grants on its 2025 IRS Form 990-PF.
Where does The McShane Foundation give grants?
The McShane Foundation gives mostly in Illinois: 88% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Texas (12%). The most frequent recipient cities were Chicago, IL (2 grants).
Does The McShane Foundation give general operating support?
Yes: 100% of The McShane Foundation's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The McShane Foundation's largest grantees?
The McShane Foundation's largest 2025 grantees include Concern Worldwide ($50,000), Christ the King ($35,000) and Caritas of Austin ($12,000), according to its 2025 IRS Form 990-PF. Together they received 92% of its itemized 2025 grant dollars.
How large is The McShane Foundation?
The McShane Foundation reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $106K in qualifying distributions that year, against a required minimum of $94K (roughly 5% of its investment assets).
What is The McShane Foundation?
The McShane Foundation is a private foundation focused on Education, based in Rosemont, IL. It holds $1.2M in total assets as of 2025.
What is The McShane Foundation's EIN?
The McShane Foundation's EIN (Employer Identification Number) is 36-3627198. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 30, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 1, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
Live grants for the work The McShane Foundation funds
Education Open opportunities, soonest deadline first.
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Browse active grant opportunities in The McShane Foundation's focus areas in our free grants database
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