McInerny Foundation FY2024 filing

Tax-deductible

Honolulu, HI501(c)(3)EIN 99-6002356

501(c)(3) charity; gifts are tax-deductible.
$267K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $1.2M a year · 15% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
990-PF Pt I · 5 filings
Pay to officers and key staff
$267K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
990-PF Pt VIII
Cash reserves
3 mo
of spending, in cash
Looks good: 3.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$5.7M
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.4M
+66% vs prior year
Spent
$7.0M
Net assets
$121.7M
By yearFY2020–FY2024
Revenue
$9.4M
FY2024▲ +66%
Revenue by fiscal year
FY2020$5.4M
FY2021$9.5M
FY2022$8.5M
FY2023$5.6M
FY2024$9.4M
FY2024$10.4M
Expenses
$7.0M
FY2024▲ +17%
Expenses by fiscal year
FY2020$6.2M
FY2021$6.4M
FY2022$6.9M
FY2023$6.0M
FY2024$7.0M
FY2024$7.5M
Net assets
$121.7M
FY2024▲ +20%
Net assets by fiscal year
FY2020$80.9M
FY2021$83.3M
FY2022$83.5M
FY2023$101.2M
FY2024$121.7M
FY2024$133.4M

From the FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1944.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 82% · $5.8M Operating & administrative 18% · $1.3M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

1 person listed on the 990-PF; $267K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$267,233Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024
Bank of Hawaii$212,226$267,233

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See McInerny Foundation executive salaries →

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Programs and updates

A private foundation based in Honolulu, HI.

Provided by the organization

This section is blank until McInerny Foundation claims this page.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 107 grants · $5.7M · 2024–2024
Iolani SchoolFY2024$250,000
Teach for America-HawaiiFY2024$225,000
The Nature Conservancy of HawaiiFY2024$200,000
Rehabilitation Hospital of the Pacific FoundationFY2024$200,000
Straub FoundationFY2024$175,000
State of Hawaii Doe - Waipahu High SchoolFY2024$170,000
Children's Discovery CenterFY2024$155,000
Waikiki HealthFY2024$150,000
Parents and Children TogetherFY2024$150,000
J Walter Cameron CenterFY2024$125,000
Child & Family ServiceFY2024$100,000
Kapiolani Health FoundationFY2024$100,000
Social Finance INCFY2024$100,000
Catholic Charities HawaiiFY2024$100,000
Boys and Girls Club of HawaiiFY2024$100,000
Hoola NA PuaFY2024$100,000
The Salvation Army - Hawaiian & Pacific Islands DivisionFY2024$100,000
Trust for Public LandFY2024$100,000
See all 107 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$54K
Median grantPart XV$35K
Largest grantPart XV$250K

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$9.4M
Investment income$8.0M
Other income$1.4M
Money out
$7.0M
Grants paid$5.8M
Running costs$1.3M
Owns and owes
$121.7M
net assets
Cash and savings$2.0M
Total assets$127.4M
Liabilities$5.7M
People
1
listed
Paid1
2In more detail
Revenue in detail
Investment income$8.0M
Other income$1.4M
Total revenue$9.4M
Assets in detailEnd of year
Cash and savings together$2.0M
Total assets$127.4M
Liabilities$5.7M
Net assets$121.7M
Operations
Fiscal year endsSeptember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $9.4M$7.0M$2.3M$121.7M 990 PDF
FY2023 $5.6M$6.0M−$381K$101.2M 990 PDF
FY2022 $8.5M$6.9M$1.6M$83.5M 990 PDF
FY2021 $9.5M$6.4M$3.1M$83.3M 990 PDF
FY2020 $5.4M$6.2M−$809K$80.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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