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Charles M Mcgee Scholarship Fund is a private trust based in BUFFALO, NY. The foundation received its IRS ruling in 1977. The principal officer is Valley Bk & Trust Co. It holds total assets of $120K. Annual income is reported at $38K. Total assets have decreased from $201K in 2011 to $120K in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Charles M Mcgee Scholarship Fund has made 9 grants totaling $41K, with a median grant of $4K. Annual giving has decreased from $34K in 2022 to $7K in 2023. Individual grants have ranged from $800 to $8K, with an average award of $5K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Pennsylvania and Virginia. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Charles M Mcgee Scholarship Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in PA, VA.
Charles M Mcgee Scholarship Fund has distributed a total of $41K across 9 grants. The median grant size is $4K, with an average of $5K. Individual grants have ranged from $800 to $8K.
Charles M Mcgee Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
Charles M Mcgee Scholarship Fund is headquartered in BUFFALO, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mt Trust Co | TRUSTEE | $2K | $0 | $2K |
Total Giving
$10K
Total Assets
$120K
Fair Market Value
$134K
Net Worth
$120K
Grants Paid
$7K
Contributions
N/A
Net Investment Income
$3K
Distribution Amount
$6K
Total: $115K
Total Grants
9
Total Giving
$41K
Average Grant
$5K
Median Grant
$4K
Unique Recipients
7
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Slippery Rock UniversityGENERAL USE | Slippery Rock, PA | $4K | 2023 |
| James Madison UniversityGENERAL | Harrisonburg, VA | $4K | 2023 |
| Penn StateEDUCATION | University Park, PA | $8K | 2022 |
| Shippensburg UniversityGENERAL USE | Shippensburg, PA | $8K | 2022 |
| Millersville UniversityGENERAL USE | Millersville, PA | $3K | 2022 |
| Pennsylvania College Of TechnologyGENERAL USE | Williamsport, PA | $3K | 2022 |
| Shenandoah UniversityGENERAL USE | Winchester, VA | $800 | 2022 |