The Mccarthy Family Foundation
The organization is a private foundation dedicated to charitable giving, primarily to meet IRS minimum distribution requirements. Its mission appears to focus on supporting community service initiatives, health-related organizations, educational nonprofits, religious institutions, and cultural entities such as museums. The foundation primarily serves various local charities, with a significant emphasis on organizations in Massachusetts. Through its funding, it aims to enhance community welfare and support diverse causes that contribute to the betterment of society.
Source: Zeffy Agent · Mar 2026
Ideal Applicant
Locally rooted Massachusetts nonprofits or municipal entities (community service groups, hospitals/medical centers, libraries, scholarship funds, and cultural institutions) with a clear local presence and capacity to manage awards in the $500–$30,000 range.
Good Fit
- • Organizational headquarters or programs located in Massachusetts (especially in or near Peabody).
- • A project or program aligned with community service, health, education, cultural institutions, or local scholarships.
- • Track record of local impact and relationships with community leaders or prior grantees.
- • Capacity to responsibly manage one-time or annual grants in the foundation's typical gift range.
Geography
Observed giving is overwhelmingly local: nearly all dollars (about 99%) went to organizations in Massachusetts, with only token out-of-state support across two states.
Recipient Variety
The latest year shows 19 distinct recipients across multiple sectors (health, libraries, scholarships, faith-based and cultural organizations), and the foundation funded many independent local organizations rather than a tiny closed circle, though the top five grantees received a majority share (63%).
New Applicants
Direct evidence of recipient turnover is limited to two years, but 2023 included 10 new recipients (about 53% new), showing new entrants have been funded; however, the foundation explicitly indicates grants are to preselected recipients and there is no visible public application path, so open access cannot be confirmed.
Source: Zeffy Agent · Mar 2026
