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Filing year 2024

RICHARD F MCNAMARA FAMILY FOUNDATION

Edina, Minnesota·EIN 41-1725127·NTEE T70Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$60k
Total assets
$2.1M
Total expenses
$167k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Co-trustee
Unclassified
$24k
$26k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at RICHARD F MCNAMARA FAMILY FOUNDATION equaled 14% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
14%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$121k

Itemized grants

7

Median grant

$12k

RecipientLocationPurposeAmount
ALZHEIMERS ASSNMINNEAPOLIS, MNGENERAL PURPOSES$42k
U OF MN ATHLETICS DEPARTMENTMINNEAPOLIS, MNGENERAL PURPOSES$27k
UNIVERSITY OF MINNESOTA FOUNDATIONMINNEAPOLIS, MNGENERAL FUNDING$25k
WALLIN EDUCATIONST PAUL, MNGENERAL FUNDING$12k
PLANNED PARENTHOODMINNEAPOLIS, MNGENERAL FUNDING$10k
CHILDREN'S SURGERY INTERNATIONALMINNEAPOLIS, MNGENERAL FUNDING$5k
SLAM T1DHAGERSTOWN, MDGENERAL FUNDING$250
Compare this foundation's grantees

Up 14%
from 2023

From $21k in 2023 to $24k in 2024.

$21k
2023
$24k
2024
In today's dollarsEst.
Up 12% in real terms$23k to $26k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about RICHARD F MCNAMARA FAMILY FOUNDATION

What are RICHARD F MCNAMARA FAMILY FOUNDATION's revenue and expenses?

In 2024, RICHARD F MCNAMARA FAMILY FOUNDATION reported $60k in total revenue and $167k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.