The McGregor Fund
In 1925 Tracy and Katherine McGregor established the McGregor Fund—a philanthropic foundation dedicated to continuing their charitable work in perpetuity. It sought to “relieve the misfortunes and promote the well-being of mankind,” with Detroit and southeastern Michigan designated as its primary geographic focus. By 1932, when the McGregor Fund awarded its first grants, Tracy and Katherine had pledged most of their assets to its work. Under the McGregors’ direction, the board of trustees defined the Fund’s priorities: “human services, education, health care, arts and culture, and public benefit.”
Over the past eight decades the McGregor Fund has been a mainstay of Michigan philanthropy, disbursing nearly $200 million in grants. In 2012 alone the Fund awarded 74 grants totaling over $7 million.