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Illinois · Nonprofit

ROBERT R MCCORMICK FOUNDATION

ROBERT R MCCORMICK FOUNDATION (Illinois) receives grants from 66 organizations whose IRS filings report $50,451,879 to it, the largest being UNITED WAY OF METROPOLITAN CHICAGO INC ($19,326,823). 38 of them have funded it in more than one year. ROBERT R MCCORMICK FOUNDATION administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.

Revenue FY2024
$105M
Funders on record
66
Grants received
$50M
Net assets
$1.7B
38/66 repeat funders

Hosts funds for others

ROBERT R MCCORMICK FOUNDATION administers funds on behalf of other donors. The grants recorded as coming in are contributions into those funds, so they count custody rather than support for a programROBERT R MCCORMICK FOUNDATION runs itself. This page therefore states the flows and does not draw the comparisons it would draw for an operating charity: concentration, funder retention, grant dependency and the peer field are all left out, because each of them would read a vehicle as if it were a program.

Paid out

$388M

Recipients

596

Contributions on record

$50M

Donors on record

64

Payments out run 7.7x the contributions on record, which says the incoming side is incomplete rather than that the vehicle is unusually busy: most donors to a fund like this are individuals, who file no return for us to read.

01The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.

100 = 20202020 Revenue 100 ($43M) Expenses 100 ($92M) Net assets 100 ($1.5B)2021 Revenue 246 ($107M) Expenses 68 ($62M) Net assets 112 ($1.7B)2022 Revenue 149 ($65M) Expenses 112 ($103M) Net assets 95 ($1.4B)2023 Revenue 224 ($98M) Expenses 85 ($78M) Net assets 108 ($1.6B)2024 Revenue 242 ($105M) Expenses 125 ($115M) Net assets 115 ($1.7B)
20202021202220232024
Revenue (242)Expenses (125)Net assets (115)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.7B to $1.5B (−14%).

$1.5B
$1.7B
$1.5B
$1.6B
$1.8B
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

−$48M
’20
$45M
’21
−$38M
’22
$19M
’23
−$9.3M
’24
4.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Timothy Knight

President & chief executive officer

Board chair

Dennis Fitzsimons

Chairman of the board

As listed on its FY2024 Form 990.

20202021202220232024
Listed2219201616
Joined·+5+6+2+2
No longer listed·8562
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 16 funders to 24 funders, grant income rose $7.8M → $9.7M.

11 of 66 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ROBERT R MCCORMICK FOUNDATION’s funders (the co-funder graph). Top 30 of 66 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

97% of ROBERT R MCCORMICK FOUNDATION's grant income comes from Illinois funders.

IL
WI
NY
MA
CO
NE
DE
NC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $2.3M arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field
04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

97% of spending goes to programs.

Program 97%Management 3%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

36%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 23 states

AK
WA
IL
WI
MI
NY
MA
OH
PA
NJ
CT
RI
CA
UT
CO
KY
VA
MD
TN
NC
SC
GA
FL

Part of a family of 1 related entity

  • Cantigny Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ROBERT R MCCORMICK FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ROBERT R MCCORMICK FOUNDATION?
ROBERT R MCCORMICK FOUNDATION (Illinois) receives grants from 66 organizations whose IRS filings report $50,451,879 to it, the largest being UNITED WAY OF METROPOLITAN CHICAGO INC ($19,326,823). 38 of them have funded it in more than one year. ROBERT R MCCORMICK FOUNDATION administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
How many funders does ROBERT R MCCORMICK FOUNDATION have?
IRS filings report 66 organizations giving $50,451,879 in grants to ROBERT R MCCORMICK FOUNDATION, 38 of which have funded it in more than one year.
Who is the largest funder of ROBERT R MCCORMICK FOUNDATION?
UNITED WAY OF METROPOLITAN CHICAGO INC is the largest funder on record, with $19,326,823 in grants. The full list of funders is on this page.
How can an organization like ROBERT R MCCORMICK FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 66 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing