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Nonprofit · EIN 90-0623963

MCCOURT FOUNDATION INC

Tax-exempt · SOUTH BOSTON, MA 02127

Financials

$8.7M$11.3M2023$10.2M$12.1M2024
Revenue Expenses · by fiscal year end
Financials of MCCOURT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$10,248,455$12,136,456-$1,888,001$19,885,731$6,439,018$13,446,713
December 31, 2023990 (amended)$8,739,099$11,250,811-$2,511,712$20,009,505$4,760,800$15,248,705
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,271,640
Program service revenue
$6,994,893
Investment income
$37,315
Net gain from sales of assets
$11,923
Net income from fundraising events
-$55,393
Other revenue
-$55,393

Expenses

Grants and similar amounts paid
$1,356,424
Compensation of officers, directors and key employees
$90,117
Other salaries and wages
$1,540,390
Salaries, compensation and benefits (total)
$1,940,798
Professional fundraising fees
$0
Accounting fees
$116,514
Occupancy
$196,659
Travel
$42,242
Depreciation
$2,333,581
Program services (functional)
$10,471,510
Management and general (functional)
$1,416,569
Fundraising (functional)
$248,377

Balance sheet and other

Total assets, start of year
$20,009,505
Total assets, end of year
$19,885,731
Total liabilities, end of year
$6,439,018
Net assets, end of year
$13,446,713
Land, buildings and equipment
$10,021
Publicly traded securities
$1,177,017
Net assets without donor restrictions
$13,446,713
Gross receipts
$10,323,688
Employees
16
Volunteers
3,559
Year formed
2010
State of legal domicile
MA

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 / weekCompensationOther / benefits
MURPHY REINSCHREIBERCHIEF OPERATING OFFICER
Highest-paid employee
40$245,976$43,933
LAURIE GESTALSENIOR DIRECTOR MARKETING
Highest-paid employee
40$174,253$12,112
CLAUDIA GLIGAACCOUNTING MANAGER
Highest-paid employee
40$146,275$26,921
STACY FERRAROSENIOR DIRECTOR OF OPERATIONS
Highest-paid employee
40$142,752$19,104
JOHN DUKESENIOR DIRECTOR OF PARTNERSHIPS
Highest-paid employee
40$144,644$4,721
BRIAN MCCOURTPRESIDENT
Trustee or director, Officer
40$90,000$117
FRANK MCCOURTTREASURER
Trustee or director, Officer
0.25$0$0
RYAN MCCOURTCLERK
Trustee or director, Officer
0.5$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
MURPHY REINSCHREIBERCHIEF OPERATING OFFICER
Highest-paid employee
40$246,264$33,742
JOHN DUKESENIOR DIRECTOR OF PARTNERSHIPS
Highest-paid employee
40$216,498$712
LAURIE GESTALSENIOR DIRECTOR MARKETING
Highest-paid employee
40$174,048$6,527
CLAUDIA GLIGAACCOUNTING MANAGER
Highest-paid employee
40$132,702$20,807
STACY FERRAROSENIOR DIRECTOR OF OPERATIONS
Highest-paid employee
40$138,453$14,038
BRIAN MCCOURTCHAIRMAN/PRESIDENT
Trustee or director, Officer
40$90,000$117
FRANK MCCOURTDIRECTOR
Trustee or director
0.25$0$0
RYAN MCCOURTDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
PO BOX 774, SOUTH BOSTON, MA 02127-0000
In care of
% BRIAN MCCOURT
Mailing address (990-N for 2010)
300 CONGRESS ST, QUINCY MA 02169
Principal officer (990 for 2024)
BRIAN MCCOURT, PO BOX 774, SOUTH BOSTON, MA 02127
Principal officer (990-N for 2010)
BRIAN McCOURT, 90 G STREET 4, SOUTH BOSTON MA 02129
Signed the 990
BRIAN MCCOURT, PRESIDENT
Phone
(212) 542-3000
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

STRIVING TO HELP CURE NEUROLOGICAL DISEASES, WHILE EMPOWERING COMMUNITIES TO BUILD A HEALTHIER WORLD.

990 for the year ended December 31, 2024

Program accomplishments

  • REGISTRATION FEES COLLECTED FOR OUR ROAD RACES AND OTHER EVENTS ARE USED TO COVER THE COSTS OF PRODUCING THOSE EVENTS. ANY NET PROCEEDS DIRECTLY SUPPORT OUR MISSION, WHICH INCLUDES NONPROFIT PROGRAMMING, DONATIONS TO OUR HOSPITAL PARTNERS, AND EDUCATION ON NEUROLOGICAL DISEASES.WE PARTNER WITH OVER 92 NONPROFIT ORGANIZATIONS, WHICH COLLECTIVELY RAISED MORE THAN $4 MILLION THROUGH PARTICIPATION IN OUR EVENTS. WE SUPPORT THESE PARTNERS BY OFFERING DISCOUNTED REGISTRATION ENTRIES, PROGRAM ASSISTANCE, AND INCREASED VISIBILITY TO ENHANCE THEIR FUNDRAISING EFFORTS.ALZHEIMER'S ASSOCIATIONAMERICAN CANCER SOCIETYAMERICAN FOUNDATION FOR SUICIDE PREVENTIONBIG BROTHERS BIG SISTERS OF GREATER LOS ANGELESLA BOYS & GIRLS CLUBCALIFORNIA REHABILITATION FOUNDATIONCELIAC DISEASE FOUNDATIONCHILDREN'S HOSPITAL LOS ANGELESCLARIS HEALTHCONCERN FOUNDATION FOR CANCER RESEARCHEMPOWERING LEADERSHIP IN LATINA ATHLETESGLIOBLASTOMA FOUNDATIONHABITAT FOR HUMANITY OF GREATER LOS ANGELESHEART OF LOS ANGELESHIRSHBERG FOUNDATION FOR PANCREATIC CANCER RESEARCHHOLLYWOOD FOOD COALITIONLEGAL AID FOUNDATION OF LOS ANGELESLOS ANGELES CENTER FOR LAW AND JUSTICELOS ANGELES PARKS FOUNDATIONLYMPHOMA RESEARCH FOUNDATIONNATIONAL ALLIANCE ON MENTAL ILLNESS, GREATER LOS ANGELES COUNTY (NAMIGLAC)NATIONAL BRAIN TUMOR SOCIETYNORTH VALLEY CARING SERVICESOSBORNE HEAD AND NECK FOUNDATIONPANCREATIC CANCER ACTION NETWORKPARKINSON'S FOUNDATIONPUBLIC COUNSELPUENTE LEARNING CENTERSPECIAL OLYMPICS SOUTHERN CALIFORNIASUSAN G. KOMENTEAM WORLD VISIONTEEN CANCER AMERICATHE ALS ASSOCIATION GOLDEN WEST CHAPTERTHE ASSOCIATION FOR FRONTOTEMPORAL DEGENERATION (AFTD)THE NATIONAL MS SOCIETYUCLA JONSSON CANCER CENTER FOUNDATIONUDLA UNIFICATION OF DISABLED LATIN AMERICANSUNITED WAY OF GREATER LOS ANGELES
    Expenses $10,471,510 · grants $1,356,424 · revenue $6,994,893

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
90-0623963
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$19,885,731
Income (IRS master file)
$10,323,688

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$10,248,455$12,136,456$19,885,731XML
990December 2023$8,739,099$11,250,811$20,009,505XML
990December 2022$6,244,258$11,260,674$21,783,885IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990-N for 2010
Officer: BRIAN McCOURT
December 31, 2010≤ $50,000 receipts––e-Postcard

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 90-0623963).

Questions about MCCOURT FOUNDATION INC

What is the EIN of MCCOURT FOUNDATION INC?
The employer identification number (EIN) of MCCOURT FOUNDATION INC is 90-0623963.
Is MCCOURT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to MCCOURT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MCCOURT FOUNDATION INC 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 MCCOURT 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 MCCOURT FOUNDATION INC 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 MCCOURT FOUNDATION INC?
The 990 for the year ended December 31, 2024 names BRIAN MCCOURT.
Who are the officers and directors of MCCOURT FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 8 people; 6 received compensation from the organization, the highest $245,976 (MURPHY REINSCHREIBER, CHIEF OPERATING OFFICER).
How much revenue does MCCOURT FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $10,248,455, expenses of $12,136,456 and total assets of $19,885,731 at year end.

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