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McGraw Foundation


Last Updated: 2016-12-17

At A Glance

McGraw Foundation

653 Landwehr Rd.

Northbrook, IL United States 60062-2309

Telephone: (847) 291-9810


Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2015-12-31)

Assets: $8,079,748

Total giving: $863,130






Incorporated in 1948 in IL - Max McGraw was founder of the McGraw-Edison Company and its president for 60 years, as well as a philanthropist whose major interest was wildlife conservation. Mr. McGraw served as trustee of the University of Chicago, the Cancer Research Foundation, and the Thomas A. Edison Foundation, and was president of the American Wildlife Foundation. After his death in 1964, bequests from his estate nearly doubled the foundation's assets. Maxine M. Elrod, daughter of the founder, served on the foundation's board until her death in 1983. Scott M. Elrod, grandson of Max McGraw, has been on the board of directors since 1957.

Purpose and Activities

The primary focus of the foundation is on education at all levels, with an emphasis on higher education in the fields of science and environment. In addition, grants are made to social service agencies, emphasizing those dealing with children. The foundation also occasionally makes grants in the areas of health, medical research and the arts. .

Fields of Interest

  • Arts and culture
  • Diseases and conditions
  • Domesticated animals
  • Education
  • Environment
  • Higher education
  • Human services
  • Humanities
  • Science
  • Special needs education
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2015-12-31

Assets: $8,079,748 (market value)

Gifts received: $10,000

Expenditures: $1,078,444

Total giving: $863,130

Qualifying distributions: $1,026,824