C Jean and Myles McDonough Charitable Foundation

Overview

The C Jean and Myles McDonough Charitable Foundation is a private nonprofit foundation located in Worcester, Massachusetts, United States. Established in 1986, it is designated as a 501(c)(3) organization, supporting activities in education, historic preservation, higher education, environmental efforts, and human services[1][2].

Activities and Grantees

The foundation provides grants to a variety of institutions, including museums. Notably, it has supported the Worcester Art Museum with significant donations. In 2019, the foundation contributed $10 million, marking the largest single donation in the museum's history. This followed a $4 million endowment gift in 2015 that named the museum's directorship[4][5].

In 2023, the foundation distributed $2,515,000 in grants, demonstrating its substantial financial commitment to its charitable missions[3].

Governance

Key figures involved with the foundation include C. Jean McDonough and Neil McDonough, who serve as trustees. There is no reported compensation for these roles[2].

Financials

As of recent filings, the foundation reported total assets valued at over $500,000, with minimal liabilities[2].

History and Legacy

The C Jean and Myles McDonough Charitable Foundation is part of a broader tradition of family and company-sponsored philanthropy in the United States. Its establishment in 1986 reflects a longstanding commitment to supporting cultural, educational, and environmental initiatives in New England[1][4].

[1] https://fconline.foundationcenter.org/fdo-grantmaker-profile/?key=MCDO038 [2] https://projects.propublica.org/nonprofits/organizations/42947391 [3] https://www.instrumentl.com/990-report/c-jean-and-myles-mcdonough-charitable-foundation [4] https://www.causeiq.com/organizations/the-c-jean-and-myles-mcdonough-charitable-foundati,042947391/ [5] https://www.worcesterart.org/wp-content/uploads/pr/worcester-art-museum-mcdonough-gift-announcement-7-22-19-press-release.pdf