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McCarthy Family Foundation at a glance

· Private foundation

McCarthy Family Foundation

Its FY2025 filing reports that it accepted unsolicited grant applications.

$50k
Granted FY2025still arriving
1
Grants FY2025still arriving
1
States reached
$50k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead

Read this first · the figures below need context

100% of McCarthy Family Foundation’s FY2025 grant dollars went to Commonwealth Impact Foundation Inc, not to grantees.

Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2025 names 0 organizations directly, so a portfolio cannot be read from it.

Organizations named directly on the return

3
’17
2
’18
2
’19
1
’20
1
’21
1
’22
3
’23
1
’24
0
’25

Amber years are those where most dollars went to a sponsor.

01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Recreation & Sports$343kEducation$275kHealth$225kPhilanthropy$20kHuman Services$10k
02FY2025 · 1 grant

Where the money goes

Grants by size, and the largest recipients.

$50,000
Median grant
1
States reached
$2.0M
Total assets
Largest grants
RecipientAmount
COMMONWEALTH IMPACT FOUNDATION INC$50,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY17–24) land where the poverty rate runs at 12%, against an area that typically sits at 11%. 70% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%GREENFIELD BASEBALL ASSOCIATION: $5k → 11%MERGING VETS & PLAYERS: $50k → 14%DONORSCHOOSEORG: $50k → 17%THE CREDIT UNION OF TEXAS CHARITABLE FOUNDATION: $20k → 5%CIGARROA HIGH SCHOOL BOYS BASKETBALL: $10k → 21%RAMPY MS FOUNDATION: $100k → 8%MARKUS PAUL FOUNDATION: $100k → 11%ROSE BROOKS CENTER: $10k → 15%RONALD MCDONALD HOUSE CHARITIES OF MADISON: $25k → 10%MERGING VETS AND PLAYERS: $25k → 13%SAINT ROSALIA ACADEMY: $70k → 11%MERGING VETS & PLAYERS: $50k → 14%NFL FOUNDATION: $8k → 17%UNIVERSITY OF WISCONSIN AMERICAN FAMILY CHILDREN'S HOSPITAL: $100k → 10%MERGING VETS AND PLAYERS: $15k → 13%SAINT ROSALIA ACADEMY - PARENTTEACHER GUILD: $5k → 11%FAITH FIGHT FINISH FOUNDATION: $175k → 14%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

WI
NY
NV
PA
CA
MO
AR
TX
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

23%of every dollar goes to organizations it has funded before.
$200k · 3 repeat orgs$673k to everyone else

Grantees it renews have grown median revenue +52% since the first grant, against +24% for those funded once.

3 repeat relationships: 1 still active in FY2024, 2 since wound down; 1 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

3
11

Total granted

$200k
$498k

Median revenue growth · since first grant

+52%
+24%

Still filing today

100%
55%

New vs renewed · share of each year

In FY2024, 13% of grant dollars renewed an existing relationship; $175k went to new ones.

50%100%’17’18’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24
EducationRecreation & SportsPhilanthropyPublic BenefitHealthOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • MV
    MERGING VETS AND PLAYERS
    4× · 2017–2024 · $140k · revenue +52%
  • TT
    Tackle Tomorrow
    2× · 2022–2023 · $50k · revenue +7%
  • GB
    GREENFIELD BASEBALL ASSOCIATION
    2× · 2017–2019 · $10k · revenue +230%

Funded once

  • UO
    UNIVERSITY OF WISCONSIN AMERICAN FAMILY CHILDREN'S HOSPITAL
    one grant, 2020 · $100k
  • RM
    RAMPY MS FOUNDATION
    one grant, 2018 · $100k
  • MP
    MARKUS PAUL FOUNDATION INC
    one grant, 2021 · $100k · revenue -69% · 38% of their budget
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Dallas Mavericks Foundation
Philanthropy
2
Texas Bankers Foundation
Education
3
Mlb-Mlbpa Youth Development Foundation
Recreation & Sports
4
Tennessee Titans Foundation
Philanthropy
5
Randy Rogers Family Foundation

The mission of the organization is to raise funds to support texas charities selected by the founders and officers.

Philanthropy
6
Heb Tournament of Champions Charitable Trust
Philanthropy
7
Major League Baseball Players Trust

The major league baseball players trust harnesses the expertise, influence, and energy of players to create meaningful and sustainable change in the lifelong well-being of others. this is achieved through a series of programs that are run…

Recreation & Sports
8
Green Bay Packers Foundation
—
9
Tx Sports and Cultural Foundation
Public Benefit
10
Dick's Sporting Goods Foundation
Philanthropy
11
Greater Texas Foundation
Education
12
Texas Trust Gives
Philanthropy
How this is measured
The grantee most central to the portfolio’s shape is Nfl Foundation Inc; the most unlike its peers is Credit Union of Texas Charitable Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

10 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 10 of the 16 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

1
Load-bearing (≥25% of a budget)
2
Early backer (in before they grew)
10/10
Grantees still filing
7/10
Grew since first funded

Where the money sits, by cause and then by grantee

FAITH FIGHT FINISH FOUNDATION: $175,000 · OtherFAITH FIGHT FINISH FOUNDATIONUNIVERSITY OF WISCONSIN AMERICAN FAMILY CHILDREN'S HOSPITAL: $100,000 · OtherUNIVERSITY OF WISCONSIN AMERICAN FAMILY CHILDREN'S HOSPIT…RAMPY MS FOUNDATION: $100,000 · OtherRAMPY MS FOUNDATIONSAINT ROSALIA ACADEMY: $70,000 · OtherSAINT ROSALIA ACADEMY+3 more: $25,000 · OtherMERGING VETS AND PLAYERS: $140,000 · Public BenefitMERGING VETS AND …MARKUS PAUL FOUNDATION INC: $100,000 · PhilanthropyMARKUS PAUL FO…CREDIT UNION OF TEXAS CHARITABLE FOUNDATION: $20,000 · PhilanthropyCREDIT UNION O…Tackle Tomorrow: $50,000 · EducationTackle Tomor…DONORSCHOOSEORG: $50,000 · EducationDONORSCHOOSE…COMMONWEALTH IMPACT FOUNDATION INC: $50,000 · Community ImprovementRONALD MCDONALD HOUSE CHARITIES OF MADISON INC: $25,000 · HealthGREENFIELD BASEBALL ASSOCIATION: $10,000 · Recreation & SportsNFL FOUNDATION INC: $8,000 · Recreation & Sports
Other$470,000Public Benefit$140,000Philanthropy$120,000Education$100,000Community Improvement$50,000Health$25,000Recreation & Sports$18,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetMERGING VETS AND PLAYERS: $140,000 over 4y, 12% of budgetMARKUS PAUL FOUNDATION INC: $100,000 over 1y, 38% of budgetTackle Tomorrow: $50,000 over 2y, 2.3% of budgetDONORSCHOOSEORG: $50,000 over 1y, 0.0% of budgetRONALD MCDONALD HOUSE CHARITIES OF MADISON INC: $25,000 over 1y, 0.5% of budgetCREDIT UNION OF TEXAS CHARITABLE FOUNDATION: $20,000 over 1y, 3.4% of budgetGREENFIELD BASEBALL ASSOCIATION: $10,000 over 2y, 13% of budgetROSE BROOKS CENTER INC: $10,000 over 1y, 0.1% of budgetNFL FOUNDATION INC: $8,000 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.

Fidelity Investments …
Fidelity Investments Charitable Gift FundMA4.9× affinity5 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Fidelity Investments Charitable Gift Fund

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization McCarthy Family Foundation funds: left to right is the share of its income from government, bottom to top the share from McCarthy Family Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%3%10%23%40%funder's share of their income ↑0%5%10%15%20%share of the org’s income from government →
    no gov moneyreceives it· size = income
    1get no government money at all
    0rely on government for over half their income
    ⤢ axis zoomed · 0–20%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 16 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

    Play a game based on McCarthy Family’s filings →

    More from the funding graph

    The unnamed billions
    grants reported with no recipient in the public record
    The regranting layer
    51% of grant dollars land in the regranting layer
    The DAF merry-go-round
    $9.7B circulates between donor-advised funds
    The endowment market
    who holds foundation money, and what just moved
    The camps
    funders cluster by geography, not ideology
    By state
    where grant money is based, and what stays home