John D & Catherine T Macarthur Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 1971, with $890,851,721 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$890.9M
▲ 45.1% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$414.7M
Net assets
$8.7B
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for John D & Catherine T Macarthur Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For John D & Catherine T Macarthur Foundation: 250 mo reserves · +53% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for John D & Catherine T Macarthur Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For John D & Catherine T Macarthur Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $430.1M (FY2013) to $890.9M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
53.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.3B
Total liabilities
$660.8M
Net assets
$8.7B
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $890,851,721▲45.1% | $414,659,854▼0.1% | $8,650,796,551▲7.3% | $9,311,570,852▲7.4% | 990PF |
| 2023 | $613,786,298▲47039% | $415,250,452▲59.5% | $8,063,489,135▲5.7% | $8,672,283,398▲5.4% | 990PF |
| 2022 | -$1,307,634▼100% | $260,263,897▼53.5% | $7,627,980,012▼12.4% | $8,229,029,493▼13.0% | 990PF |
| 2021 | $781,295,998▲45.4% | $559,609,585▲84.4% | $8,705,546,537▲14.6% | $9,462,296,474▲15.3% | 990PF |
| 2020 | $537,302,289▼9.8% | $303,541,809▲7.5% | $7,599,757,358▲14.2% | $8,209,542,030▲13.9% | 990PF |
| 2019 | $595,397,688▲348% | $282,345,153▼16.9% | $6,653,514,276▲12.9% | $7,208,352,632▲10.7% | 990PF |
| 2018 | $132,905,944▼81.4% | $339,805,732▼38.4% | $5,890,964,584▼7.1% | $6,513,367,921▼6.9% | 990PF |
| 2017 | $716,297,638▲136% | $551,390,285▲70.6% | $6,339,229,747▲7.4% | $6,999,766,070▲11.2% | 990PF |
| 2016 | $303,119,416▲6.4% | $323,244,140▼16.9% | $5,902,504,417▲1.7% | $6,295,202,003▲1.6% | 990PF |
| 2015 | $284,907,209▼50.5% | $388,881,036▲47.1% | $5,804,747,512▼5.5% | $6,196,280,734▼4.2% | 990PF |
| 2014 | $575,393,355▲33.8% | $264,344,006▼7.6% | $6,141,803,041▲2.8% | $6,469,167,430▲2.3% | 990PF |
| 2013 | $430,126,421 | $286,012,311▼4.0% | $5,975,354,685▲5.8% | $6,323,307,217▲5.6% | 990PF |
| 2012 | — | $297,907,247▲16.3% | $5,646,717,185▲4.7% | $5,987,438,524▲5.0% | 990PF |
| 2011 | — | $256,118,992▼1.0% | $5,393,551,927▼0.3% | $5,703,076,554▼0.6% | 990PF |
| 2010 | — | $258,681,111 | $5,409,629,113 | $5,737,270,334 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Susan E Manske — $2,512,127 (0.61% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Susan E Manske | Vp / Chief Investment Officer | 50 | $2,512,127 |
| John G Palfrey | Director / President | 50 | $1,113,955 |
| Joshua J Mintz | Vp / General Counsel / Secretary | 50 | $715,572 |
| Kenneth M Jones II | Senior Vp / Chief Operating Officer | 50 | $697,637 |
| Martha L Minow | Board Chair | 7 | $44,875 |
| Juan Salgado | Board Trustee | 4.5 | $28,000 |
| Paul Klingenstein | Board Trustee | 4.5 | $27,500 |
| Cecilia Munoz | Board Trustee | 4.5 | $27,000 |
| Lillian Constance Jen | Board Trustee | 4.5 | $27,000 |
| Sendhil Mullainathan | Board Trustee | 4.5 | $26,500 |
| Olufunmilayo I Olopade | Board Trustee | 4.5 | $26,000 |
| Stephanie K Bell-rose | Board Trustee | 4.5 | $26,000 |
| Dr Ruth J Simmons | Board Trustee | 4.5 | $25,500 |
| Amy Falls As of 0624 | Board Trustee | 4.5 | $14,000 |
| Julie T Katzman Thru 0624 | Board Trustee | 4.5 | $14,000 |
| William F Lee As of 0624 | Board Trustee | 4.5 | $14,000 |
| James Casselberry | Arc Board Trustee | 1 | $10,000 |
| James Manyika Thru 0324 | Board Trustee | 4.5 | $10,000 |
| Trinita Logue | Arc Board Trustee | 1 | $10,000 |
| Alondra Nelson As of 0624 | Board Trustee | 4.5 | $9,000 |
5 grants to John D & Catherine T Macarthur Foundation totaling $791K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Tides Center | Healthy individuals and communities | 2021 | $563,146 |
| Hopewell Fund | Civil rights, social action, advocacy | 2018 | $68,981 |
| New Venture Fund | Youth development and education | 2016 | $59,206 |
| New Venture Fund | Youth development and education | 2015 | $50,000 |
| New Venture Fund | Youth development and education | 2015 | $50,000 |
Explore more
Data for John D & Catherine T Macarthur Foundation (EIN 23-7093598) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.