The Mcsweeny Family Foundation Inc

HOBOKEN, NJ EIN: 20-3451032

The Mcsweeny Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBOKEN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.4M in total assets. In 2024, it awarded 17 grants totaling $170K. Net investment income was $1.1M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.4M

+41.2% YoY

Annual Giving

$170K

+4.9% YoY

Grant Count

17

+41.7% YoY

Avg Grant Size

$10K

-25.9% YoY

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

About The Mcsweeny Family Foundation Inc

Based on IRS filings

The Mcsweeny Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBOKEN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.4M in total assets. In 2024, it awarded 17 grants totaling $170K. Net investment income was $1.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

BaltimoreHarlanHobokenJersey CityLanhamMalvernMendhamMiamiMorristownN BrunswickNew YorkNewarkNorwalkPerth AmboyPortlandRamseySarasotaSebringSecaucusSparkhill

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$650K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$5,433,930$3,848,434$3,159,647
Revenue$2,364,918$876,584$487,882
Expenses$222,574$211,625$183,320
Qualifying Distributions$170,000$162,000$160,000
Net Investment Income$1,053,184$370,689$203,137
Distributable Amount$213,939$167,421$161,424

Giving Over Time

Total grant dollars and number of grants per year

$0$43K$85K$128K$170K3 grants20206 grants20217 grants202212 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CATHOLIC RELIEF SERVICES$25KTHE SCHOLARSHIP FUND$15KMEMORIAL SLOAN KETTERING…$10KNICWA$10KSHATTER PROOF$10KBEST BUDDIES INTERNATIONAL$10KTHE EDUCATION FOUNDATION…$10KCHADD$10KTHE SEEING EYE$10KGOOD COUNSEL$10K

Grant Size Distribution

45 grants across all recorded years

42<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Catholic Relief Services ($25,000), The Scholarship Fund ($15,000), Memorial Sloan Kettering Cancer Center ($10,000).

RecipientPurposeAmount
THE SCHOLARSHIP FUND NEWARK, NJGENERAL SUPPORT OF PROGRAMS$15,000
TRI-COUNTY SCHOLARSHIP FUND MENDHAM, NJGENERAL SUPPORT OF PROGRAMS$5,000
MEMORIAL SLOAN KETTERING CANCER CENTER NEW YORK, NYSUPPORT OF CYCLE FOR SURVIVAL$10,000
NICWA PORTLAND, ORGENERAL SUPPORT OF PROGRAMS$10,000
SHATTER PROOF NORWALK, CTGENERAL SUPPORT OF PROGRAMS$10,000
BEST BUDDIES INTERNATIONAL MIAMI, FLGENERAL SUPPORT OF PROGRAMS$10,000
THE EDUCATION FOUNDATION OF SARASOTA COUNTY SARASOTA, FLGENERAL SUPPORT OF PROGRAMS$10,000
RARITAN BAY AREA YMCA PERTH AMBOY, NJGENERAL SUPPORT OF PROGRAMS$5,000
CATHOLIC RELIEF SERVICES HARLAN, IAGENERAL SUPPORT OF PROGRAMS$25,000
CHADD LANHAM, MDGENERAL SUPPORT OF PROGRAMS$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOSEPH MCSWEENYPRESIDENT1
JOAN MCSWEENYSECRETARY/DIRECTOR1
CHRISTINE DOHERTYDIRECTOR/TREASURER
MATTHEW MCSWEENYDIRECTOR
MICHAEL MCSWEENYDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Mcsweeny Family Foundation Inc?

The Mcsweeny Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBOKEN, NJ. It holds $5.4M in total assets as of 2024.

How large is The Mcsweeny Family Foundation Inc?

As of 2024, The Mcsweeny Family Foundation Inc holds $5.4M in total assets with $2.4M in annual revenue. It awarded 17 grants totaling $170K in 2024.

Where does The Mcsweeny Family Foundation Inc operate?

The Mcsweeny Family Foundation Inc has awarded grants in Connecticut, Florida, Iowa, Maryland, New Jersey, New York, Oregon, Pennsylvania.

What size grants does The Mcsweeny Family Foundation Inc award?

In 2024, The Mcsweeny Family Foundation Inc awarded 17 grants totaling $170K — an average of about $10K per grant, based on its IRS Form 990 filings.

How much is The Mcsweeny Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mcsweeny Family 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 Mcsweeny Family Foundation Inc's EIN?

The Mcsweeny Family Foundation Inc's EIN (Employer Identification Number) is 20-3451032. 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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