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Filing year 2024

The McDonnell Family Foundation

Memphis, Tennessee·EIN 46-1448238·NTEE T99 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$6.9M
Total assets
$133.2M
Total expenses
$1.8M
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. The McDonnell Family Foundation reported 4 unpaid officers and board members on its 990-PF.

Distribution Committ
Distribution Committ
Distribution Committ
Trustee

Grants paid

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

Total granted

$1.7M

Itemized grants

25

Median grant

$25k

RecipientLocationPurposeAmount
Community Foundation of Greater MemphisMemphis, TNProgram Services$955k
A Step Ahead FoundationMemphis, TNProgram Services$100k
Porter LeathMemphis, TNProgram Services$100k
The Hospitality HubMemphis, TNProgram Services$100k
Agape Child and Family ServicesMemphis, TNProgram Services$25k
All MemphisMemphis, TNProgram Services$25k
ArtsMemphisMemphis, TNProgram Services$25k
Christian Brothers UniversityMemphis, TNProgram Services$25k
City Year MemphisMemphis, TNProgram Services$25k
Memphis Inter-Faith Coalition for Action and HopeMemphis, TNProgram Services$25k
Mid-South Food BankMemphis, TNProgram Services$25k
National Bonsai FoundationWashington, DCProgram Services$25k
Protect Our AquiferMemphis, TNProgram Services$25k
Semmes Murphey FoundationMemphis, TNProgram Services$25k
Slingshot MemphisMemphis, TNProgram Services$25k
St John's Episcopal ChurchMemphis, TNProgram Services$25k
The University of MemphisMemphis, TNProgram Services$25k
Urban Arts MemphisMemphis, TNProgram Services$25k
Knowledge QuestMemphis, TNProgram Services$15k
Memphis Metal MuseumMemphis, TNProgram Services$15k
American Red CrossWashington, DCProgram Services$10k
Connecticut CollegeNew London, CTProgram Services$10k
Refugee EmpowermentMemphis, TNProgram Services$10k
Boys & Girls Clubs of AmericaMemphis, TNProgram Services$5k
Memphis Innercity RugbyMemphis, TNProgram Services$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

The McDonnell Family Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$127.4M
$16k
2023
$6.9M
$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 ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Tennessee

The McDonnell Family Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Tennessee earns a median of $35,455.

25th percentile
$11k
Median
$35,455
75th percentile
$87k
90th percentile
$212k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 340 organizations across 340 filings (2021 – 2024).

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

Common questions about The McDonnell Family Foundation

What are The McDonnell Family Foundation's revenue and expenses?

In 2024, The McDonnell Family Foundation reported $6.9M 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 ($50M - $150M), because foundation pay scales with assets under management, not revenue.