Mccourt Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
STRIVING TO HELP CURE NEUROLOGICAL DISEASES, WHILE EMPOWERING COMMUNITIES TO BUILD A HEALTHIER WORLD.
- Income
- $10.2 million
- Spending
- $12.1 million
- Spent on programs
- 86%
- Reserves
- 13.3 months of spending
- Largest source of income
- fees for its services, 68%
- Employees
- 16
- Volunteers
- 3,559
- Highest pay
- $289,909, chief operating officer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 29% of charities in its peer group (philanthropy, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 13.3 months of spending.
Debt
10 of 20It owes 32% of what it owns.
Living within its means
0 of 15Spending exceeded income by 18% of income.
Income trend
15 of 15Income rose 17% on the year before.
Spending floor
15 of 1586% of spending went to programs and raising each dollar of donations cost 8 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 73 out of 100. Higher than 8% of charities in its peer group (philanthropy, $10m to $100m).
Independent board
18 of 252 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $10.5 million spent. REGISTRATION FEES COLLECTED FOR OUR ROAD RACES AND OTHER EVENTS ARE USED TO COVER THE COSTS OF PRODUCING THOSE EVENTS. ANY NET PROCEEDS DIRECTLY SUPPORT OUR MISSION, WHICH INCLUDES NONPROFIT PROGRAMMING, DONATIONS TO OUR HOSPITAL PARTNERS, AND EDUCATION ON NEUROLOGICAL DISEASES.WE PARTNER WITH OVER 92 NONPROFIT ORGANIZATIONS, WHICH COLLECTIVELY RAISED MORE THAN $4 MILLION THROUGH PARTICIPATION IN OUR EVENTS. WE SUPPORT THESE PARTNERS BY OFFERING DISCOUNTED REGISTRATION ENTRIES, PROGRAM ASSISTANCE, AND INCREASED VISIBILITY TO ENHANCE THEIR FUNDRAISING EFFORTS.ALZHEIMER'S ASSOCIATIONAMERICAN CANCER SOCIETYAMERICAN FOUNDATION FOR SUICIDE PREVENTIONBIG BROTHERS BIG SISTERS OF GREATER LOS ANGELESLA BOYS & GIRLS CLUBCALIFORNIA REHABILITATION FOUNDATIONCELIAC DISEASE FOUNDATIONCHILDREN'S HOSPITAL LOS ANGELESCLARIS HEALTHCONCERN FOUNDATION FOR CANCER RESEARCHEMPOWERING LEADERSHIP IN LATINA ATHLETESGLIOBLASTOMA FOUNDATIONHABITAT FOR HUMANITY OF GREATER LOS ANGELESHEART OF LOS ANGELESHIRSHBERG FOUNDATION FOR PANCREATIC CANCER RESEARCHHOLLYWOOD FOOD COALITIONLEGAL AID FOUNDATION OF LOS ANGELESLOS ANGELES CENTER FOR LAW AND JUSTICELOS ANGELES PARKS FOUNDATIONLYMPHOMA RESEARCH FOUNDATIONNATIONAL ALLIANCE ON MENTAL ILLNESS, GREATER LOS ANGELES COUNTY (NAMIGLAC)NATIONAL BRAIN TUMOR SOCIETYNORTH VALLEY CARING SERVICESOSBORNE HEAD AND NECK FOUNDATIONPANCREATIC CANCER ACTION NETWORKPARKINSON'S FOUNDATIONPUBLIC COUNSELPUENTE LEARNING CENTERSPECIAL OLYMPICS SOUTHERN CALIFORNIASUSAN G. KOMENTEAM WORLD VISIONTEEN CANCER AMERICATHE ALS ASSOCIATION GOLDEN WEST CHAPTERTHE ASSOCIATION FOR FRONTOTEMPORAL DEGENERATION (AFTD)THE NATIONAL MS SOCIETYUCLA JONSSON CANCER CENTER FOUNDATIONUDLA UNIFICATION OF DISABLED LATIN AMERICANSUNITED WAY OF GREATER LOS ANGELES
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2011.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.