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THE MCCARTHY CHARITIES INC
TROY, NY · EIN 146019064 · Form 990PF · FY2025 · Small ($100K-$1M)
revenue
$804K
expenses
$123K
net assets
$11.7M
employees
—
profile · synthesized from sources

The McCarthy Charities Inc is a private foundation based in Troy, NY that provides grant funding to nonprofit organizations in the greater Capital Region and beyond. Its giving focuses on education, community development, historic preservation, youth programs, and environmental initiatives. The organization does not appear to conduct direct service programming, instead supporting other nonprofits through financial contributions.

named programs · 4 · from sources

What they call their work

Community Resource Center Bridge Building
Supports community development and economic opportunity initiatives through grants to the Commission on Economic Opportunity
Historic Transformation Capital Project
Funding for the preservation and renovation of historic cultural venues such as the Troy Savings Bank Music Hall
STEM Education and Youth Engagement
Grants supporting science, technology, engineering, and math programs for students and families in public schools and community organizations
Summer Camp and Youth Programs
Financial support for youth summer activities including camp scholarships and educational enrichment through YMCA and park programs
activities · 8 groups

What they do

  • Capital Infrastructure Funding 3 activities
    • Funding acquisition of refrigeration equipment for food outreach
      Funds Sidewalk Warriors - Troy to acquire a refrigeration van.
    • Funding historic theater capital projects
      Funds Troy Savings Bank Music Hall for the Renaissance 150 Historic Transformation Capital Project.
    • Funding recreation center facility renovations
      Funds East Side Neighborhood Recreation Center - Hope 7 for renovations related to flood damage.
  • University-Specific Endowment and Program Funding 2 activities
    • Funding applied technology education centers
      Funds Hudson Valley Community College Foundation for the Applied Technology Education Center (ATEC).
    • Funding regional STEM research institutes
      Funds Questar III BOCES Education Foundation for the Questar III STEM Research Institute.
  • Summer Camp Access Scholarships 2 activities
    • Funding public park summer programs
      Funds Friends of Prospect Park for Prospect Park Summer Programs.
    • Funding youth summer camp programs
      Funds the Capital District YMCA - Troy Branch for Summer Camp 2025.
  • Municipal and Community General Support 1 activity
    • Funding community resource center programs
      Funds the Commission on Economic Opportunity for the Greater Capital Region to support the Community Resource Center Bridge Building program.
  • Public School Support Fundraising 1 activity
    • Funding family STEM engagement programs in public schools
      Funds Troy Public School 2 PTA for the Family STEM Engagement Program at School 2.
  • Environmental Conservation Grantmaking 1 activity
    • Funding land conservation organizations
      Funds Hudson Taconic Lands for general operating support.
  • Private K–12 School Support 1 activity
    • Funding performing arts programs at educational institutions
      Funds Emma Willard School for the Alice Dodge Wallace '38 Center for the Performing Arts.
  • Public Media Funding 1 activity
    • Funding youth STEM education initiatives
      Funds Media Alliance/Sanctuary for Independent Media for youth STEM education, Water Justice Lab, and AP program.
financials · form 990PF · fy2025
revenue
Total revenue$804K
Contributions & grants——
Program service revenue——
Investment income$487K61%
Other revenue$317K
expenses
Total expenses$123K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$627K
balance sheet
Total assets$11.71M
Cash—
Investments—
Liabilities—
Net assets$11.71M
6 years on record · 2020–2025 · YoY revenue -33.7%
leadership · form 990 part vii · fy2025

Who runs it

board members · 9
  • ADELE MCCARTHY-BEAUVAIS — DIRECTOR
  • ALEX RASMUSSEN — DIRECTOR
  • COLIN BEAUVAIS — DIRECTOR
  • FLORA M DRURY — DIRECTOR
  • HALEY RASMUSSEN — DIRECTOR
  • LUCY MCCARTHY — DIRECTOR
  • MARION SHERIDAN — DIRECTOR
  • ROBERT P MCCARTHY — DIRECTOR
  • RUSSELL CONNALLY — DIRECTOR
relationships · 12

Who they work with

  • CAPITAL DISTRICT YMCA - TROY BRANCH Partner — Funded for Summer Camp 2025.
  • COMMISSION ON ECONOMIC OPPORTUNITY FOR THE GREATER CAPITAL REGION Partner — Funded for the Community Resource Center Bridge Building program.
  • EAST SIDE NEIGHBORHOOD RECREATION CENTER - HOPE 7 Partner — Funded for renovations resulting from flood damage.
  • EMMA WILLARD SCHOOL Partner — Funded for the Alice Dodge Wallace '38 Center for the Performing Arts.
  • FRIENDS OF PROSPECT PARK Partner — Funded for Prospect Park Summer Programs.
  • HUDSON TACONIC LANDS Partner — Funded for general operating support.
  • HUDSON VALLEY COMMUNITY COLLEGE FOUNDATION Partner — Funded for the Applied Technology Education Center (ATEC).
  • MEDIA ALLIANCE/SANCTUARY FOR INDEPENDENT MEDIA Partner — Funded for youth STEM education, Water Justice Lab, and AP program.
  • QUESTAR III BOCES EDUCATION FOUNDATION Partner — Funded for the Questar III STEM Research Institute.
  • SIDEWALK WARRIORS - TROY Partner — Funded to acquire a refrigeration van.
  • TROY PUBLIC SCHOOL 2 PTA Partner — Funded for the Family STEM Engagement Program at School 2.
  • TROY SAVINGS BANK MUSIC HALL Partner — Funded for the Renaissance 150 Historic Transformation Capital Project.