Nonprofit · EIN 22-3021586
THE PATRICK J MCGOVERN FOUNDATION INC
Tax-exempt · BOSTON, MA 02117
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $8,264,994 | $77,952,201 | -$69,687,207 | $1,528,279,575 | $8,260,256 | $1,520,019,319 |
| December 31, 2023 | 990-PF (amended) | $13,495,563 | $76,839,383 | -$63,343,820 | $1,476,617,171 | $6,504,348 | $1,470,112,823 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $2,971,529
- Interest
- $763
- Other income
- $5,292,702
Expenses
- Grants and similar amounts paid
- $66,220,167
- Compensation of officers, directors and key employees
- $1,221,376
- Salaries, compensation and benefits (total)
- $3,515,819
- Disbursements for charitable purposes
- $73,397,954
- Excise tax on investment income
- $913,726
Balance sheet and other
- Total assets, start of year
- $1,476,617,171
- Total assets, end of year
- $1,528,279,575
- Total liabilities, end of year
- $8,260,256
- Net assets, end of year
- $1,520,019,319
- Fair market value of assets
- $1,528,279,575
- Qualifying distributions
- $73,401,085
- Net investment income
- $80,904,731
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VILAS DHAR PO BOX 171536, BOSTON, MA 02117 | TRUSTEE/ PRESIDENT | 40 | $821,376 | $58,699 |
| KAREN GILL PO BOX 171536, BOSTON, MA 02117 | VICE PRESIDENT OF FI Highest-paid employee | 40 | $403,501 | $50,633 |
| MARY RODRIGUEZ PO BOX 171536, BOSTON, MA 02117 | VICE PRESIDENT OF PE Highest-paid employee | 40 | $363,219 | $71,350 |
| NICHOLAS CAIN PO BOX 171536, BOSTON, MA 02117 | VP, STRATEGY AND INN Highest-paid employee | 40 | $289,543 | $79,240 |
| HAZEM MAHMOUD PO BOX 171536, BOSTON, MA 02117 | DIRECTOR, PRODUCTS & Highest-paid employee | 40 | $267,897 | $70,164 |
| BOB MERRIMAN PO BOX 171536, BOSTON, MA 02117 | DIRECTOR OF OPERATIO Highest-paid employee | 40 | $215,994 | $69,461 |
| PATRICK J MCGOVERN III PO BOX 171536, BOSTON, MA 02117 | TRUSTEE/ CHAIR | 15 | $100,000 | $0 |
| SUZANNE DIBIANCA PO BOX 171536, BOSTON, MA 02117 | TRUSTEE/ AUDIT COMMITTEE CHAIR | 10 | $100,000 | $0 |
| ELIZABETH S MCGOVERN PO BOX 171536, BOSTON, MA 02117 | TRUSTEE/ TREASURER/ CLERK | 15 | $100,000 | $0 |
| STEVEN VERBINSKI PO BOX 171536, BOSTON, MA 02117 | TRUSTEE/ VICE-CHAIR | 10 | $100,000 | $0 |
990-PF for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VILAS DHAR PO BOX 171536, BOSTON, MA 02117 | TRUSTEE/PRESIDENT | 40 | $820,960 | $31,193 |
| KAREN KELLEY GILL PO BOX 171536, BOSTON, MA 02117 | VICE PRESIDENT OF OP Highest-paid employee | 40 | $386,331 | $31,234 |
| MARY RODRIGUEZ PO BOX 171536, BOSTON, MA 02117 | VICE PRESIDENT OF PE Highest-paid employee | 40 | $259,590 | $34,096 |
| HAZEM F MAHMOUD PO BOX 171536, BOSTON, MA 02117 | DIRECTOR, DATA SOLUT Highest-paid employee | 40 | $238,378 | $53,684 |
| NICHOLAS J CAIN PO BOX 171536, BOSTON, MA 02117 | DIRECTOR OF STRATEGY Highest-paid employee | 40 | $216,900 | $53,303 |
| MEAGHAN A ENGLISH PO BOX 171536, BOSTON, MA 02117 | DIRECTOR, OFFICE OF Highest-paid employee | 40 | $178,866 | $48,088 |
| PATRICK J MCGOVERN III PO BOX 171536, BOSTON, MA 02117 | TRUSTEE/TREASURER | 20 | $100,000 | $0 |
| SUZANNE DIBIANCA PO BOX 171536, BOSTON, MA 02117 | TRUSTEE/AUDIT COMMITTEE CHAIR | 20 | $100,000 | $0 |
| ELIZABETH S MCGOVERN PO BOX 171536, BOSTON, MA 02117 | TRUSTEE/CLERK | 20 | $100,000 | $0 |
| STEVEN VERBINSKI PO BOX 171536, BOSTON, MA 02117 | TRUSTEE/CHAIR | 20 | $100,000 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 171536, BOSTON, MA 02117-3375
- In care of
- % PATRICIA ANNINO AT PRINCE LOBEL T
- Signed the 990-PF
- VILAS DHAR, PRESIDENT
- Phone
- (508) 203-1236
- Website
- HTTPS://WWW.MCGOVERN.ORG/
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 22-3021586
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $1,528,279,575
- Income (IRS master file)
- $8,264,994
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $8,264,994 | $77,952,201 | $1,528,279,575 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $13,495,563 | $76,839,383 | $1,476,617,171 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | June 2020 | – | – | – | IRS |
| 990-PF | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3021586).
Questions about THE PATRICK J MCGOVERN FOUNDATION INC
- What is the EIN of THE PATRICK J MCGOVERN FOUNDATION INC?
- The employer identification number (EIN) of THE PATRICK J MCGOVERN FOUNDATION INC is 22-3021586.
- Is THE PATRICK J MCGOVERN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to THE PATRICK J MCGOVERN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE PATRICK J MCGOVERN FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE PATRICK J MCGOVERN FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE PATRICK J MCGOVERN FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of THE PATRICK J MCGOVERN FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 10 people; 10 received compensation from the organization, the highest $821,376 (VILAS DHAR, TRUSTEE/ PRESIDENT).
- How much revenue does THE PATRICK J MCGOVERN FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $8,264,994, expenses of $77,952,201 and total assets of $1,528,279,575 at year end.
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