Public Charity

WILLIAM MAC MCCORMICK MEMORIAL FOUNDATION

WILLIAM MAC MCCORMICK MEMORIAL FOUNDATION, of READING, PA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2019 filing shows $106K in revenue, $12K in expenses, $2.0M in total assets. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $88K.

EIN: 232043899 READING, PA General Support NTEE: DEFAULT Latest filing: 2019
Total Revenue$106K
Total Expenses$12K
Total Assets$2.0M
Grants Given1
Grant Total$88K
Filing Years2017–2019

Mission

TO PERPETUATE THE MEMORY OF WILLIAM (MAC) MCCORMICK, FOUNDER OF THE OLIVET BOYS CLUBS AND FURTHER TO ACCEPT GIFTS, BEQUESTS, LEGACIES AND DEVISES AND TO HOLD AND MANAGE, THE SAME PURSUANT TO THE PROVISIONS OF THE BY-LAWS OF THE FOUNDATION, AND UNDER THE AUTHORITY OF THE BOARD OF TRUSTEES, AND FURTHER TO AID, BENEFIT, CARE FOR, MAINTAIN, PROTECT, EDUCATE, SUPPORT AND PROVIDE CHARACTER DEVELOPMENT, PHYSICAL TRAINING, AND RECREATIONAL FACILITIES FOR SUCH WORTH-WHILE YOUTHS, WHO ARE MEMBERS OF THE OLIVET BOYS & GIRLS CLUB OF READING AND BERKS COUNTY, PENNSYLVANIA OR ANY SUCCESSOR THEREOF, AS IN THE OPINION OF THE BOARD OF TRUSTEES SHALL BE DESERVING OF ASSISTANCE THROUGH WHATEVER MEANS AS SAID TRUSTEES SHALL DEEM ADVISABLE.

Officers & Directors

CHAIR Andrew Weidman
PRESIDENT/CEO AS OF JUNE Chris Winters
BOARD MEMBER John Massaro
BOARD MEMBER Keith Mooney
BOARD MEMBER Mike Mizak

Officer compensation and complete director data available with membership.

Top Grant Purposes

PROGRAM SUPPORT
$88,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2019 $106K $12K $2.0M
2018 $77K $20K $1.6M
2017 $72K $91K $1.7M

Between 2017 and 2019, reported annual revenue grew from $72K to $106K (+46%), with total assets most recently reported at $2.0M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in PA.

PA

Full geographic grant map with state-by-state breakdown available with membership.

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