Monaghan Foundation Inc
Preselected recipients only
Monaghan Foundation Inc is a private foundation in Sheldon, South Carolina. In tax year 2025 it gave $454,000 in 7 grants; the typical grant was $2,500 and the largest $440,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$454,000
- Number of grants7
- Typical grant$2,500
- Largest grant$440,000
- Assets$11.3 million
- New grantees43%
Giving in 2025 was down from $485,800 the year before.
43% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $444,950 | 33 | $9.2 million |
| 2024 | $485,800 | 7 | $9.7 million |
| 2025 | $454,000 | 7 | $11.3 million |
How to apply
Monaghan Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Monaghan Foundation Inc funds
Where it gives
Its grants went to recipients in 4 states, the most to Rhode Island.
| State | Grants | Amount |
|---|---|---|
| Rhode Island | 1 | $440,000 |
| South Carolina | 4 | $10,500 |
| Utah | 1 | $2,500 |
| North Carolina | 1 | $1,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Vanguard Charitable | General operations | $440,000 |
| Springhill AME Church | General operations | $6,000 |
| Utah Wetlands Foundation | General operations | $2,500 |
| Poplar Springs Baptist Church | General operations | $2,500 |
| Ami Kids Beaufort | General operations | $1,000 |
| High Country Charitable Foundation | General operations | $1,000 |
| Sheldon Boys and Girls Club | General operations | $1,000 |
Officers and trustees
- Craig Monaghan
- Shannon Monaghan
- Connor Monaghan
- Rand Monaghan
- Mary Lou Monaghan
Questions people ask
Does Monaghan Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Monaghan Foundation Inc give?
$454,000 in tax year 2025, across 7 grants, with a typical grant of $2,500.
Who runs Monaghan Foundation Inc?
Its 2025 filing lists Craig Monaghan (Director, Chairman), Shannon Monaghan (President, Treasurer), Connor Monaghan (Treasurer) and Rand Monaghan (Secretary) among 5 officers and trustees.
What does Monaghan Foundation Inc fund?
Based on its grants, mainly faith communities and youth programs.