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Nonprofit · EIN 36-3689172

ROBERT R MCCORMICK FOUNDATION

Tax-exempt · WHEATON, IL 60189

Financials

$50.1M$37.1M2023$100.2M$39.1M2024
Revenue Expenses · by fiscal year end
Financials of ROBERT R MCCORMICK FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$100,238,437$39,107,282$61,131,155$547,019,809$69,255,647$477,764,162
December 31, 2023990$50,056,046$37,118,747$12,937,299$497,823,628$68,530,797$429,292,831
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$33,458,970
Program service revenue
$6,568,961
Investment income
$54,544,374
Net rental income
$815,543
Net gain from sales of assets
$41,883,469
Net income from sales of inventory
$4,821,154
Other revenue
$5,666,132

Expenses

Grants and similar amounts paid
$15,650
Compensation of officers, directors and key employees
$1,040,166
Other salaries and wages
$8,256,527
Salaries, compensation and benefits (total)
$12,975,790
Professional fundraising fees
$0
Legal fees
$90,334
Accounting fees
$87,884
Occupancy
$1,495,352
Travel
$232,950
Depreciation
$5,208,524
Program services (functional)
$29,910,464
Management and general (functional)
$9,196,818

Balance sheet and other

Total assets, start of year
$497,823,628
Total assets, end of year
$547,019,809
Total liabilities, end of year
$69,255,647
Net assets, end of year
$477,764,162
Land, buildings and equipment
$71,815,357
Publicly traded securities
$89,257,925
Net assets without donor restrictions
$476,925,162
Net assets with donor restrictions
$839,000
Gross unrelated business income
$2,017,888
Gross receipts
$306,089,146
Employees
210
Volunteers
161
Year formed
1989
State of legal domicile
IL

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
TIMOTHY KNIGHTPRESIDENT & CHIEF EXECUTIVE OFFICER
Officer
12$242,705$566,311$59,607
CARLA BEALCIO & TREASURER
Officer
8$115,689$462,758$54,913
ANDRES TORRES - VP-STRATEGYPLANNING & OPS./SEC.
Officer
16$122,133$183,199$54,198
OSCAR REGALADOVP-HUMAN RESOURCES
Key employee
16$112,633$168,951$47,406
MATTHEW LAFONDEXECUTIVE DIRECTOR, CANTIGNY PARK
Highest-paid employee
40$206,242$0$37,836
JESS JOSEDIRECTOR, IT STRATEGY
Highest-paid employee
40$198,336$0$36,176
EDWARD HOLZMANDIRECTOR, FACILITIES
Highest-paid employee
40$165,352$0$65,295
AKAOSE KACHIKWUDIRECTOR, IT INFRASTRUCT. & SECURITY
Highest-paid employee
40$182,770$0$35,832
ERNETTA ROPERCONTROLLER
Highest-paid employee
32$147,089$36,772$30,877
DENNIS FITZSIMONSCHAIRMAN OF THE BOARD
Trustee or director, Officer
2$27,500$27,500$0
LEE HENDERSONDIRECTOR
Trustee or director
2$27,500$27,500$0
MARY K LAWLERDIRECTOR (AS OF 06/24)
Trustee or director
2$27,500$27,500$0
RUTHELLYN MUSILDIRECTOR
Trustee or director
2$27,500$27,500$0
WILLIAM MCCLEANDIRECTOR
Trustee or director
2$27,500$27,500$0
CELENA ROLDANDIRECTOR
Trustee or director
2$27,500$27,500$0
1 more people on this return
NameTitleHours / weekCompensationFrom related orgs
SCOTT SMITHDIRECTOR
Trustee or director
2$27,500$27,500
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
TIMOTHY KNIGHTCEO & PRESIDENT
Officer
12$233,244$544,236$44,199
CARLA BEALCIO & TREASURER
Officer
8$100,185$400,741$43,599
KIMBERELY TYLERCFO (THRU 11/2023)
Officer
24$170,832$113,888$20,956
OSCAR REGALADOVP OF HUMAN RESOURCES
Key employee
16$104,216$156,325$32,260
ANDRES TORRESVP-STRAT., PLANNING, OPS; SEC.
Officer
16$103,218$154,826$34,403
MATTHEW LAFONDEXECUTIVE DIRECTOR, CANTIGNY PARK
Highest-paid employee
40$204,991$0$54,531
DAVID GRANATFORMER CIO
Highest-paid employee
5$35,336$176,676$26,965
EDWARD HOLZMANDIRECTOR OF FACILITIES
Highest-paid employee
40$160,018$0$50,225
AKAOSE KACHIKWUDIRECTOR OF IT
Highest-paid employee
40$180,971$0$22,319
SCOTT WITTESPECIAL PROJECTS COORDINATOR
Highest-paid employee
40$148,281$0$42,933
DENNIS FITZSIMONSCHAIRMAN OF THE BOARD
Trustee or director, Officer
2$27,500$27,500$0
LEE HENDERSONDIRECTOR
Trustee or director
2$27,500$27,500$0
RUTHELLYN MUSILDIRECTOR
Trustee or director
2$27,500$27,500$0
WILLIAM MCCLEANDIRECTOR
Trustee or director
2$27,500$27,500$0
CELENA ROLDANDIRECTOR
Trustee or director
2$27,500$27,500$0
SCOTT SMITHDIRECTOR
Trustee or director
2$27,500$27,500$0

Address and contacts

Address (IRS master file)
1S151 WINFIELD RD, WHEATON, IL 60189-3353
In care of
% LOU MARSICO
Principal officer (990 for 2024)
TIMOTHY P KNIGHT, 1 S 151 WINFIELD ROAD, WHEATON, IL 60189
Signed the 990
TIMOTHY KNIGHT, CEO & PRESIDENT
Phone
(630) 260-8151
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

OPERATES CANTIGNY PARK, GOLF, MCCORMICK HOUSE AND FIRST DIVISION MUSEUM IN WHEATON, ILLINOIS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE 500-ACRE CANTIGNY ESTATE INCLUDES MCCORMICK'S HOME AND GARDENS, WHICH HOST DOZENS OF PROGRAMS AND EVENTS ANNUALLY FOR MORE THAN 319,000 VISITORS; THE FIRST DIVISION MUSEUM, A MILITARY HISTORY MUSEUM THAT EDUCATES OVER 126,000 STUDENTS AND FAMILIES ON THE U.S. ARMY'S 1ST INFANTRY DIVISION, FROM WORLD WAR I TO PRESENT; AND CANTIGNY GOLF, A 27-HOLE PUBLIC GOLF COURSE, A 9-HOLE SHORT COURSE DESIGNED TO TRAIN JUNIOR GOLFERS, AND A GOLF ACADEMY AND LEARNING CENTER THAT THOUSANDS OF CHILDREN AND ADULTS ENJOY ANNUALLY.
    Expenses $29,910,464 · grants $15,650 · revenue $6,568,961

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-3689172
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$547,019,809
Income (IRS master file)
$306,089,146

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$100,238,437$39,107,282$547,019,809IRS
990-TDecember 2024–––IRS
990December 2023$50,056,046$37,118,747$497,823,628XML
990-TDecember 2023–––IRS
990December 2022$50,851,823$31,529,775$450,019,790IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 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 36-3689172).

Questions about ROBERT R MCCORMICK FOUNDATION

What is the EIN of ROBERT R MCCORMICK FOUNDATION?
The employer identification number (EIN) of ROBERT R MCCORMICK FOUNDATION is 36-3689172.
Is ROBERT R MCCORMICK FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to ROBERT R MCCORMICK FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ROBERT R MCCORMICK FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ROBERT R MCCORMICK 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 ROBERT R MCCORMICK FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ROBERT R MCCORMICK FOUNDATION?
The 990 for the year ended December 31, 2024 names TIMOTHY P KNIGHT.
Who are the officers and directors of ROBERT R MCCORMICK FOUNDATION?
The 990 for the year ended December 31, 2024 lists 16 people; 16 received compensation from the organization, the highest $242,705 (TIMOTHY KNIGHT, PRESIDENT & CHIEF EXECUTIVE OFFICER).
How much revenue does ROBERT R MCCORMICK FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $100,238,437, expenses of $39,107,282 and total assets of $547,019,809 at year end.

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