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Filing year 2023

THE MCCORMACK FOUNDATION INC

Macclesfield, North Carolina·EIN 31-1677370·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$7k
Total assets
$57k
Total expenses
$12k
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2023. THE MCCORMACK FOUNDATION INC reported 3 unpaid officers and board members on its 990-PF.

Secretary
President
Director

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$8k

Itemized grants

9

Median grant

$700

RecipientLocationPurposeAmount
MONTREAT COLLEGEMONTREAT, NCEDUCATIONAL INSTITUTION$3k
THE JESSE HELMS CENTER FOUNDATIONWINGATE, NCSUPPORT EDUCATIONAL PROGRAMS$1k
TUNNELS TO TOWERS FOUNDATIONSTATEN ISLAND, NYPROVIDE SUPPORT TO FIRST RESPONDERS$700
A DOVE'S NESTCHARLOTTE, NCSUPPORT PROGRAMS TO WOMEN$700
WOUNDED WARRIOR PROJECTJACKSONVILLE, FLPROVIDES ASSISTANCE TO VETERANS$700
CHARLOTTE RESCUE MISSIONCHARLOTTE, NCSUPPORT PROGRAMS FOR HOMELESS$500
RONALD MCDONALD HOUSEDURHAM, NCASSIST FAMILIES OF TERMINALLY ILL$500
SAMARITAN'S PURSEBOONE, NCPROVIDES ASSISTANCE TO THOSE IN NEED$500
SECOND HARVEST FOOD BANKCHARLOTTE, NCPROVIDE FOOD FOR LESS FORTUNATE$400
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE MCCORMACK FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$9k
$6k
2022
$7k
$12k
2023
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

THE MCCORMACK FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in North Carolina earns a median of $42,970.

25th percentile
$10k
Median
$42,970
75th percentile
$100k
90th percentile
$204k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 471 organizations across 471 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for North Carolina
FAQ

Common questions about THE MCCORMACK FOUNDATION INC

What are THE MCCORMACK FOUNDATION INC's revenue and expenses?

In 2023, THE MCCORMACK FOUNDATION INC reported $7k in total revenue and $12k in total expenses on its IRS Form 990.

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