The Charles R McLochlin Foundation Inc
Nonprofit profile at a glance
- EIN
- 351792953
- IRS 990-PF coverage
- 2017–2025
- Forms available
- Form 990-PF 2025
- Location
- Noblesville, IN, USA
- Phone
- 3175083635
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $286,750
- Expenses
- $16,536
Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.
Overview
Mission
Scholarships, Student Financial Aid Services, Awards
What it reported funding in 2025
The foundation reported 3 grants totaling $6,000. The stated grant purposes included scholarship to marian university, an educational institution as described in irc 170(b)(1)(a)(2), scholarship to university of san diego, an educational institution as described in irc 170(b)(1)(a)(2), and scholarship to university of notre dame du lac, an educational institution as described in irc 170(b)(1)(a)(2).
Operating model
- Revenue model
- Donor-supported. 100% of the foundation's positive operating resources came from contributions.
- Distribution model
- Hybrid. The foundation combined direct charitable work with grants to other organizations or people.
The verdict
SUPPORTED - The filing identifies who received its grants and the filed numbers largely add up. A relatively small share of spending goes to grants and the filing reports one or more activities that warrant closer review.
Rating breakdown
- Grant Deployment: 62
- Cost Efficiency: 36
- Transparency: 100
- Compliance: 98
- Endowment Health: 98
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 61.7%; rating input score 62; 8th percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 36.3%; rating input score 36; 9th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 18 of 19 controls in place; rating input score 95
- Property sale or exchange with a disqualified person: Pass
- Borrowing from or lending to a disqualified person: Pass
- Goods, services, or facilities involving a disqualified person: Pass
- Compensation paid to a disqualified person: Pass
- Assets transferred to a disqualified person: Pass
- Payment to a government official: Pass
- Uncorrected prior self-dealing: Pass
- Prior-year undistributed income: Pass
- Excess business holdings: Pass
- Investments that may jeopardize charitable purposes: Pass
- Uncorrected prior-year jeopardizing investments: Pass
- Attempt to influence legislation: Pass
- Attempt to influence an election: Pass
- Grants to individuals: Fail
- Grants to organizations: Pass
- Spending for a noncharitable purpose: Pass
- Funds received for a personal-benefit contract: Pass
- Premiums paid on a personal-benefit contract: Pass
- Prohibited tax-shelter transaction: Pass
- Filing consistency checks: 9; rating input score 100
Endowment Health
- Endowment-health comparison: 97.13; rating input score 98; 98th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Payout: 61.7% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 98th percentile for endowment coverage
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 9 filing years from 2017 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Cost Efficiency: Grant expense ratio scored 36/100.
- Review — Compliance: Part VII-B activity disclosures: Grants to individuals not reported.