Nonprofit · EIN 23-7416882
MCLAUGHLIN FOUNDATION
Tax-exempt · WALPOLE, MA 02081
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $21,998 | $79,978 | -$57,980 | $559,485 | $0 | $363,342 |
| December 31, 2023 | 990-PF | $9,416 | $39,322 | -$29,906 | $465,680 | $44,358 | $421,322 |
| December 31, 2022 | 990-PF | $43,590 | $46,855 | -$3,265 | $283,602 | $73,506 | $210,096 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $21,909
- Net gain from sales of assets
- $89
Expenses
- Grants and similar amounts paid
- $76,000
- Disbursements for charitable purposes
- $76,000
- Excise tax on investment income
- $305
Balance sheet and other
- Total assets, start of year
- $465,680
- Total assets, end of year
- $559,485
- Total liabilities, end of year
- $0
- Net assets, end of year
- $363,342
- Fair market value of assets
- $782,444
- Qualifying distributions
- $76,000
- Net investment income
- $21,909
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 |
|---|---|---|---|
| JAMES MCGRATH 4 COVE POINT WAY, WALPOLE, MA 02081 | PRES/DIR | 0 | $0 |
| JOHN MCGRATH 995 CENTRE STREET, JAMAICA PLAIN, MA 02130 | TREAS.SEC.DI | 0 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES MCGRATH 4 COVE POINT WAY, WALPOLE, MA 02081 | PRES/DIR | 0 | $0 |
| JOHN MCGRATH 995 CENTRE STREET, JAMAICA PLAIN, MA 02130 | TREAS.SEC.DI | 0 | $0 |
990-PF for the year ended December 31, 2022: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES MCGRATH 4 COVE POINT WAY, WALPOLE, MA 02081 | PRES/DIR | 1 | $0 |
| JOHN MCGRATH 995 CENTRE STREET, JAMAICA PLAIN, MA 02130 | TREAS.SEC.DI | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4 COVE POINT WAY, WALPOLE, MA 02081-2362
- Signed the 990-PF
- JAMES MCGRATH, PRES/DIR
- Phone
- (508) 660-1142
- Return prepared by
- WEISS & ASSOCIATES INC
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
- 23-7416882
- 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
- 1958
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $559,485
- Income (IRS master file)
- $35,405
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $21,998 | $79,978 | $559,485 | XML |
| 990-PF | December 2023 | $9,416 | $39,322 | $465,680 | XML |
| 990-PF | December 2022 | $43,590 | $46,855 | $283,602 | XML |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | 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 23-7416882).
Questions about MCLAUGHLIN FOUNDATION
- What is the EIN of MCLAUGHLIN FOUNDATION?
- The employer identification number (EIN) of MCLAUGHLIN FOUNDATION is 23-7416882.
- Is MCLAUGHLIN FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1958.
- Are donations to MCLAUGHLIN FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MCLAUGHLIN FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MCLAUGHLIN FOUNDATION 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 MCLAUGHLIN FOUNDATION 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 MCLAUGHLIN FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does MCLAUGHLIN FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $21,998, expenses of $79,978 and total assets of $559,485 at year end.
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