The Macmillan Family Foundation Inc
The Macmillan Family Foundation Inc. is a private grantmaking foundation based in New York, NY. Established in January 2003, it operates as a 501(c)(3) charitable organization with a focus on supporting research, education, and the arts.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$554.9M
+17.2% YoY
Annual Giving
$23.3M
-2.0% YoY
Grant Count
151
+19.8% YoY
Avg Grant Size
$154K
-18.2% YoY
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Cancer and medical research
- Education
- The arts
- Human services
- Philanthropy, voluntarism, and grantmaking
Grantmaking
The foundation operates on a preselected-only basis, meaning it does not accept unsolicited grant applications. The foundation only makes contributions to organizations it has preselected.
Grant Range
$50,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is primarily concentrated in:
- New York
- New Jersey
- Pennsylvania
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets and Giving (2024):
- Total assets: $554,904,342 to $676,000,000 (figures vary across filings)
- Total giving: $23,288,500
- Total revenue: $114,000,000
- Total expenses: $31,300,000
- Total liabilities: $0
The foundation ranks in the top 1% of U.S. foundations by asset size (#278 of 159,550).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $554,904,342 | $473,573,312 | $422,513,561 |
| Revenue | $113,765,590 | $82,578,488 | $86,191,966 |
| Expenses | $31,318,999 | $30,449,695 | $27,951,836 |
| Qualifying Distributions | $24,324,377 | $24,650,504 | $22,675,436 |
| Net Investment Income | $40,072,001 | $12,731,240 | $15,230,345 |
| Distributable Amount | $27,584,314 | $23,983,741 | $21,582,540 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board and Staff:
| Name | Title | Hours/Week | Compensation |
|---|---|---|---|
| Duncan Macmillan | Chairman | 3 | $0 |
| Nancy Macmillan | President and Treasurer | 15 | $0 |
| Kevin Macmillan | Secretary | 3 | $0 |
| Alissa Macmillan | Director | 3 | $0 |
| Arlene Shuler | Grants Administrator | 40 | $399,000 |
| Sophia Andreassi | Grants Administrator | 40 | $102,000 |
| Kristan Ewald | Grants Administrator | 40 | $63,000 |
The foundation is family-led with dedicated paid staff managing grant administration.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DUNCAN MACMILLAN | CHAIRMAN | 3 | — |
| NANCY MACMILLAN | PRESIDENT AND TREASURER | 15 | — |
| KEVIN MACMILLAN | SECRETARY | 3 | — |
| ALISSA MACMILLAN | DIRECTOR | 3 | — |
Recent News & Activity
Recent developments and announcements
The foundation has demonstrated recent grant activity, with grants recorded in current tax filings. The foundation maintains an active grantmaking program with dedicated staff managing grant administration and selection processes.
The Macmillan Family Foundation Inc. - Grantmakers.ioSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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