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Filing year 2024

James & Madeleine McMullan Family Foundation

Lake Forest, Illinois·EIN 36-3506203·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$1.4M
Total assets
$10.6M
Total expenses
$1.8M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2024. James & Madeleine McMullan Family Foundation reported 3 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1.8M

Itemized grants

32

Median grant

$5k

RecipientLocationPurposeAmount
McMullanO'Connor Family FundPass Christian, MSGeneral Support$523k
Lake County Community FoundationGrayslake, ILgeneral support$500k
The Art Institute of ChicagoChicago, ILgeneral support$355k
Chicago Botanic GardenGlencoe, ILgeneral support$100k
University of Mississippi EndowmentOxford, MSGeneral Support$98k
University of Southern MississippiHattiesburg, MSGeneral Support$50k
Mississippi Journalism and Education GroupJackson, MSgeneral support$10k
Chicago History MuseumChicago, ILgeneral support$10k
Gabrielle KennedyNewton, MSCOLLEGE TUITION AND EXPENSES$5k
Cristshian QuinonesNewton, MSCOLLEGE TUITION AND EXPENSES$5k
Angelina WilliamsNewton, MScollege tuition and expenses$5k
Desmond MooreNewton, MScollege tuition and expenses$5k
Van TruongNewton, MScollege tuition and expenses$5k
Jackson WalkerNewton, MSCOLLEGE TUITION AND EXPENSES$5k
My Linh NioletNewton, MSCOLLEGE TUITION AND EXPENSES$5k
Jasmyn MontiforteNewton, MSCOLLEGE TUITION AND EXPENSES$5k
Jaylin AckerNewton, MSCOLLEGE TUITION AND EXPENSES$5k
Amyah JonesNewton, MSCOLLEGE TUITION AND EXPENSES$5k
Zipporah ChapmanNewton, MSCOLLEGE TUITION AND EXPENSES$5k
Keon FarmerNewton, MSCOLLEGE TUITION AND EXPENSES$5k
Mallory WilliamsNewton, MSCOLLEGE TUITION AND EXPENSES$5k
Zoe ScandurroNewton, MSCOLLEGE TUITION AND EXPENSES$5k
Rhayna AshleyNewton, MSCOLLEGE TUITION AND EXPENSES$5k
Mykenzie MannionNewton, MSCOLLEGE TUITION AND EXPENSES$5k
Madisyn TingleNewton, MSCOLLEGE TUITION AND EXPENSES$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

James & Madeleine McMullan Family Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.5M
$18.8M
2023
$1.4M
$1.8M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Illinois

James & Madeleine McMullan Family Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Illinois earns a median of $20,738.

25th percentile
$7k
Median
$20,738
75th percentile
$60k
90th percentile
$148k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 2,342 organizations across 2,342 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Illinois
FAQ

Common questions about James & Madeleine McMullan Family Foundation

What are James & Madeleine McMullan Family Foundation's revenue and expenses?

In 2024, James & Madeleine McMullan Family Foundation reported $1.4M in total revenue and $1.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.