In the 1996 election the Socreds lost all their remaining seats, never to return. In 1992, she was made an Officer of the Order of Canada. In 2004, she was awarded the Order of British Columbia. McCarthy died on May 24, 2017 at age 89 after a lengthy battle with a brain tumor. Prior to her death, McCarthy was Chairman of the Board of Directors of the CH.I.L.D. Foundation (Children with Intestinal and Liver Disorders). McCarthy began the charity in 1995 with Mary McCarthy Parsons (her daughter) and J. Lindsay Gordon. This collection of scrapbooks contains photographs, correspondence, newspaper clippings, magazine articles, press releases, ephemera, and other material dating from 1960 to 1991. The scrapbooks document the political landscape of British Columbia during this period, in particular the activities of the Social Credit party; events, initiatives, and causes in Vancouver and provincially; state visits; McCarthy's viewpoint on particular issues and her most notable achievements, referenced above; her political and charitable activities; leadership campaigns; and her personal and political relationships. Correspondence includes exchanges with fellow politicians at the provincial, national and international level (e.g., W.A.C. Bennett and Margaret Thatcher); her constituents, residents of British Columbia, and party members; and the local business community. The Grace McCarthy Scrapbook collection was compiled by Grace herself and consists of 89 scrapbooks that are now a part of the Simon Fraser University Special Collections and Rare Books holdings. In 2019, this collection was digitized and could be freely accessed at Grace McCarthy Scrapbook Collection.