The McAllister Family Foundation

EIN 872552884 Private Foundation

Lake Success, NY 11042 |(800) 839-1754

Total Given 2022–2023
$442K
15 grants · $221K avg/year
based on 2 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$12K
typical small grants · $10K–$55K
grant size
67%
deep partner · 6/9 multi-year
repeat
$221K
Assets (2023)
9
Distinct Recipients

About

As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2022, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $210,000. This amount represents 25% or more of the Foundation's net assets of $509,153 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2022. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Focus Areas

Education Arts & Culture Youth Development Community Development

Application Information

Accepts Unsolicited Proposals No. Preselected Only
Phone (800) 839-1754

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2021 N/A $509K $517K N/A
2022 $210K $435K $183K 8
2023 $232K $221K $-5K 7

Grant Size Distribution

Based on 15 grants on record

Minimum
$2K
25th Pctl
$10K
Median
$12K
Average
$30K
75th Pctl
$55K
Maximum
$80K

Geographic Distribution

Officers & Directors

Grants Awarded (15 total)

Purpose
Washington Jesuit Academy Washington, DC $80,000 scholarship to support low income students 2023
Washington Jesuit Academy Washington, DC $80,000 Endowed scholarship and programs to support low-income students 2022
Albright College Reading, PA $75,000 scholarship to support students 2023
Albright College Reading, PA $75,000 for endowed scholarship to support students 2022
St Bonaventure University Business Office - Hopkin St Bonaventure, NY $35,000 McAllister Business Scholars Program 2023
Community of Hope Inc Washington, DC $15,000 Night of Hope 2023
Don Bosco Cristo Rey Highschool of the Archdiocese Takoma Park, MD $15,000 For student support 2023
Georgetown Preparatory School Inc Rockville, MD $12,500 to create an auxiliary student support fund 2022
Saint Marys College Notre Dame, IN $10,000 Student Equity and Saint Mary's Fund 2023
A Wider Circle Inc Kensington, MD $10,000 Neighborhood Partnerships Program 2022
Community of Hope Inc Washington, DC $10,000 Birth Services Fund 2022
Don Bosco Cristo Rey Highschool of the Archdiocese Takoma Park, MD $10,000 Don Boscoe Scholarship Society 2022
Saint Marys College Notre Dame, IN $10,000 Office for Student Equity and the Saint Mary's Fund 2022
Building African American Minds Inc Easton, MD $2,500 after-school programs for African-American youths 2023
Building African American Minds Inc Easton, MD $2,500 After-school programs for African-American youth in Easton, MD 2022

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