Mccarthey Family Foundation

Organization Overview

Mccarthey Family Foundation is located in Salt Lake City, UT. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mccarthey Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Mccarthey Family Foundation generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Mccarthey Family Foundation has awarded 592 individual grants totaling $18,771,874. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Royce Carlton Inc
$55,000
Mary Kay Lazarus Public Relations Inc
$58,125
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $8,009
Dividends & Interest $1,396,704
Net Rental Income$0
Net Gain on Sale of Assets $817,099
Capital Gain Net Income $817,099
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $72,560
Total Revenue $2,294,372

Grants Awarded

Over the last fiscal year, Mccarthey Family Foundation has awarded $1,755,630 in support to 69 organizations.

Grant RecipientAmount

KEARNS ST ANN'S CATHOLIC SCHOOL

PURPOSE: EDUCATION OPERATIONS FUNDING

$300,000

NATIONAL MULTIPLE SCLEROSIS SOCIETY

PURPOSE: MEDICAL RESEARCH PROGRAM FUNDING

$137,800

BOYS & GIRLS CLUBS OF GREATER SALT LAKE

Org PageRecipient Profile

Murray, UT

PURPOSE: CAPITAL CAMPAIGN PROGRAM FUNDING

$100,000

GOLDEN SPIKE FOUNDATION

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: CAPTITAL CAMPAIGN

$100,000

WESTMINSTER COLLEGE

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: CAPITAL CAMPAIGN SCHOLARSHIP PROGRAM

$100,000

NEIGHBORHOOD HOUSE

PURPOSE: CAPITAL CAMPAIGN

$75,000
View Grant Profile

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