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Michael W McCarthy Foundation Inc

Hauppauge, NY · EIN 260675307 · Form 990PF · FY2023 · NTEE T20 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$331K
expenses
$447K
net assets
$5.8M
employees
profile · synthesized from sources

Private foundation based in New York that makes grants to nonprofit organizations supporting children, education, housing, and animal welfare. Focuses on Long Island communities, funding initiatives such as holiday gift programs for underprivileged children, educational services, autism support, and medical research for rare diseases. Active grantmaking since at least 2021.

named programs · 5 · from sources

What they call their work

Animal Welfare
Supports organizations such as Paws of War and Standardbred Retirement Foundation in their work with service and retired animals
Autism Support
Provides funding to Winters Center for Autism to support services for children with autism
Education and Student Services
Funds Saint Anthony's High School and other educational initiatives to support student services and learning programs
Holiday Gift Program
Supports Christmas Magic in providing holiday gifts to underprivileged children across Long Island through general operating grants
Medical Research Support
Grants to organizations like Nephcure and LICA to support research, education, and family assistance for rare diseases including Nephrotic Syndrome and Cystinosis
activities · 9 groups

What they do

  • Cystic Fibrosis Research and Support Funding 1 activity
    • Funding Cystinosis research, family assistance, and education via LICA
      Funds LICA to support research, direct family assistance, and educational initiatives related to Cystinosis, a rare genetic metabolic disorder.
  • Fundraising and Financial Support for IDD Services 1 activity
    • Funding autism-related services through Winters Center for Autism
      Funds Winters Center for Autism to support programs and services for individuals with autism, including therapy, education, and family support.
  • Veteran Support Grantmaking 1 activity
    • Funding dog-related services through Paws of War
      Funds Paws of War to support dog-related services, likely including programs that pair therapy or service dogs with veterans or individuals in need of emotional or physical support.
  • Animal Welfare Fundraising through Retail and Sales 1 activity
    • Funding dog-related services through Standardbred Retirement Foundation
      Funds Standardbred Retirement Foundation to support dog-related services, potentially involving the rehabilitation and rehoming of retired racehorses or service dogs.
  • Private K–12 School Support 1 activity
    • Funding educational programs at Saint Anthony's High School
      Funds Saint Anthony's High School to support educational programs and student services, including academic and extracurricular initiatives for secondary students.
  • Granting Wishes to Seriously Ill Children 1 activity
    • Funding holiday gift programs for underprivileged children
      Funds Christmas Magic to provide holiday gifts to underprivileged children across Long Island. This grantmaking activity supports seasonal gift distribution to economically disadvantaged youth.
  • Church and Congregation-Based Financial Aid 1 activity
    • Funding housing and supportive services through Ministry of Hope
      Funds Ministry of Hope to provide housing assistance, counseling, and other supportive services to individuals in need, particularly those facing homelessness or economic instability.
  • Diabetes and Kidney Disease Research Funding 1 activity
    • Funding research and education on Nephrotic Syndrome via Nephcure
      Funds Nephcure to advance research and public education efforts related to Nephrotic Syndrome, a rare kidney disorder.
  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding services for children and families in need through Unsung Siblings Foundation
      Funds Unsung Siblings Foundation to deliver services to children and support families experiencing hardship, with a focus on vulnerable youth and family stability.
financials · form 990PF · fy2023
revenue
Total revenue$331K
Contributions & grants
Program service revenue
Investment income$147K44%
Other revenue$183K
expenses
Total expenses$447K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$286K
Grants paid out$82K
balance sheet
Total assets$5.82M
Cash
Investments
Liabilities
Net assets$5.82M
3 years on record · 2020–2023 · YoY revenue -55.9%
relationships · 9

Who they work with

  • Christmas Magic Partner — Receives general operating funds to provide holiday gifts to underprivileged children on Long Island.
  • LICA Partner — Receives funding for research, family assistance, and education regarding Cystinosis.
  • Ministry of Hope Partner — Receives funding to provide housing, counseling, and other support services.
  • Nephcure Partner — Receives support for research and education on Nephrotic Syndrome.
  • Paws of War Partner — Receives funding to support dog-related services.
  • Saint Anthony's High School Partner — Receives funding for educational programs and student services.
  • Standarbred Retirement Foundation Partner — Receives funding to support dog-related services.
  • Unsung Siblings Foundation Partner — Receives grants to provide services to children and assist families in need.
  • Winters Center for Autism Partner — Receives funding for autism-related services.