EIN 23-7237919

Eugene McDermott Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
State
Year formed
1972
Most recent tax filings
2023-08-01
NTEE code, primary
Description
The Eugene McDermott Foundation is a private foundation that makes grants to nonprofits, primarily in the Dallas-Fort Worth area. In 2019, the Foundation made 96 grants totaling over $5 million. Notable grantees include the Dallas Museum of Art, Big Thought, and the Perot Museum of Nature and Science.
Total revenues
$12,213,061
2023
Total expenses
$21,859,397
2023
Total assets
$210,882,052
2023
Num. employees
0
2023

Program areas at Eugene McDermott Foundation

Na

Grants made by Eugene McDermott Foundation

GranteeGrant descriptionAmount
Dallas Symphony Orchestra (DSO)For Endowment Campaign Matching Grant$2,000,000
Dallas Theater CenterFor Matching Grant - Operations$1,000,000
Southwestern Medical FoundationFor Ti Biomedical Engineering & Sciences Building$1,000,000
...and 80 more grants made totalling $15,989,400

Personnel at Eugene McDermott Foundation

NameTitleCompensation
Mary M CookPresident Trustee$0

Financials for Eugene McDermott Foundation

RevenuesFYE 08/2023
Total grants, contributions, etc.$0
Investment income and dividends$7,465,685
Net rental income$0
Net gain from sale of non-inventory assets$4,747,376
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$12,213,061

Form 990s for Eugene McDermott Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-082023-01-12990PFView PDF
2021-082021-12-14990PFView PDF
2020-082021-06-15990PFView PDF
2019-082020-07-01990PRView PDF
2018-082019-03-14990PFView PDF
...and 7 more Form 990s
Data update history
June 27, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 20, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 13, 2023
Used new vendors
Identified 1 new vendor, including
October 22, 2021
Posted financials
Added Form 990PF for fiscal year 2020
September 27, 2021
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
1937 Malone Cliff View
Dallas, TX 75208
Metro area
Dallas-Fort Worth-Arlington, TX
County
Dallas County, TX
Phone
(214) 521-2924
IRS details
EIN
23-7237919
Fiscal year end
August
Taxreturn type
Form 990-PF
Year formed
1972
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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