← All Profiles
DM

Duncan MacMillan

New JerseyFinanceGiving Pledge

AIProfile Summary

Duncan MacMillan (born 1937) is a U.S.-based billionaire in the finance industry, associated with New Jersey, with an estimated net worth of ~$1.8B. Federal election records show political contributions from 2019-03-28 to 2025-12-05 totaling $15,310. Foundation filings linked to the Macmillan name show combined assets of $111,127,775 and $0 in grants paid in the most recent reported tax years. RTB FEC ProPublica 990

Philanthropy

ProPublica-reported 990 data lists three foundations: the Katherine Wells Macmillan Foundation (MN) reported $110,762,761 in total assets in tax year 2023, $41,837,081 in total revenue, $4,928,838 in total expenses, and $0 grants paid. The Donald A Macmillan Foundation (TX) reported $365,014 in assets in tax year 2023, $21,195 in revenue, $7,317 in expenses, and $0 grants paid. Across the listed foundations, total assets were $111,127,775 and total grants paid were $0. ProPublica 990

Political Activity

FEC data shows 100 contributions totaling $15,310 between 2019-03-28 and 2025-12-05, with $12,425 attributed to Democratic recipients and $2,885 categorized as Unknown (primarily through ActBlue). The top recipients by amount were Friends of Schumer ($5,800), Mikie Sherrill for Congress ($2,900), Josh Gottheimer for Congress ($2,900), ActBlue ($2,885), and Biden for President ($425). The recorded giving is concentrated on Democratic-aligned committees and candidates. FEC

AI-generated summary from fec, rtb, propublica_990 3/10/2026 (gpt-5.2). All claims are derived from the source data shown below.

USU.S. Presence

residencePrinceton, New Jersey

990Philanthropy

$111.1MFoundation Assets
$3.1MGrants Paid
3Foundations
Valerie Macmillan FoundationYuba City, CA
Animal-related (IRS NTEE D20)
Assets: $0Revenue: $0Grants: $0
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Donald A Macmillan FoundationDallas, TX
Animal-related (IRS NTEE D20)
Assets: $365KRevenue: $21KGrants: $525Tax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Katherine Wells Macmillan FoundationMinneapolis, MN
Education (IRS NTEE B82)
Assets: $110.8MRevenue: $41.8MGrants: $3.1MTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Source: ProPublica (990) annual filing · latest on record (retrieved 3/9/2026) (proPublica_990)

FECPolitical Contributions

$15KTotal Contributed
100Contributions
2019–2025Date Range

By Party

DEM
$12K
Unknown
$3K

Top Recipients

FRIENDS OF SCHUMER$6K
MIKIE SHERRILL FOR CONGRESS$3K
JOSH GOTTHEIMER FOR CONGRESS$3K
ACTBLUE$3K
BIDEN FOR PRESIDENT$425
Source: FEC contribution filings · latest on record (retrieved 3/10/2026) (fec)

PBSScore Breakdown

B
47.1
Public Benefit Score

The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.

Philanthropy65% weight
39%

Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).

Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry

Transparency35% weight
63%

How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.

Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata

Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency

Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.

All data is sourced from public records. Each section links to its original source.

Duncan MacMillan — Public Benefit Score B (47) | Billionaire Army