The Patrick J Mcgovern Foundation Inc
Nonprofit profile at a glance
- EIN
- 223021586
- IRS 990-PF coverage
- 2014–2024
- Forms available
- Form 990-PF 2024, Form 990-T 2024
- Location
- Boston, MA, USA
- Phone
- 5082031236
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Standard
Reported finances
- Revenue
- $8,264,994
- Expenses
- $77,952,201
Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.
Overview
Mission
The Patrick J Mcgovern Foundation Inc is a nonprofit. Location: Boston, MA. EIN 223021586. Tax year 2024 Form 990-PF reports $8.3M revenue and $78M expenses.
What it reported funding in 2024
The foundation reported 165 grants totaling $66,153,500. The stated grant purposes included to enhance civil liberties and promote justice through strategic litigation and advocacy using ai and data analytics., to improve the ability of automatic speech recognition models to recognize stuttered speech, and to advance ai harm detection and support pathways for redress., plus 149 other reported purposes.
Operating model
- Revenue model
- Other-operating. 64% of the foundation's positive operating resources came from other operating revenue.
- Distribution model
- Grant intermediary. The foundation distributed 90% of its reported charitable disbursements as grants.
The verdict
STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. The filing reports one or more activities that warrant closer review.
Rating breakdown
- Grant Deployment: 98
- Cost Efficiency: 85
- Transparency: 100
- Compliance: 94
- Endowment Health: 61
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 98%; rating input score 98; 43rd percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 84.9%; rating input score 85; 59th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 17 of 19 controls in place; rating input score 89
- 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: Fail
- 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: Pass
- Grants to organizations: Fail
- 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: 10; rating input score 100
Endowment Health
- Endowment-health comparison: 23.08; rating input score 61; 61st 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: 98% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 61th percentile for endowment coverage
- Consistency: 10 of 10 current checks pass
- Filing history: 9 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 210 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.
- Review — Compliance: Part VII-B activity disclosures: 2 of 19 not reported.