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Mcgary Regan Foundation Inc. is a private corporation based in MIDLAND, TX. The foundation received its IRS ruling in 2018. The principal officer is Sande Melton. It holds total assets of $13.3M. Annual income is reported at $6.5M. Total assets have grown from $5.8M in 2019 to $13.3M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2024. The foundation primarily funds organizations in Texas, New Mexico and Tennessee. According to available records, Mcgary Regan Foundation Inc. has made 47 grants totaling $1.5M, with a median grant of $30K. Annual giving has grown from $230K in 2020 to $375K in 2023. Grantmaking activity was highest in 2022 with $660K distributed across 20 grants. Individual grants have ranged from $10K to $60K, with an average award of $31K. The foundation has supported 16 unique organizations. Grants have been distributed to organizations in Texas and Tennessee and New Mexico. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$20K
Average Grant
$23K
Largest Grant
$35K
Based on 9 grants from the most recent 990-PF filing.
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.
Mcgary Regan Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 47 grants. Its grantmaking reaches organizations primarily in TX, TN, NM.
Mcgary Regan Foundation Inc. has distributed a total of $1.5M across 47 grants. The median grant size is $30K, with an average of $31K. Individual grants have ranged from $10K to $60K.
Mcgary Regan Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Mcgary Regan Foundation Inc. is headquartered in MIDLAND, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eileen Piwetz | VICE PRES ASST SEC | $0 | $0 | N/A |
| J Cody Kidd | EXEC. DIRECTOR | $0 | $0 | N/A |
| Brian Mcgary | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$13.3M
Fair Market Value
N/A
Net Worth
$13.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
47
Total Giving
$1.5M
Average Grant
$31K
Median Grant
$30K
Unique Recipients
16
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Odessa College FoundationSTUDENT SCHOLARSHIPS | Odessa, TX | $60K | 2023 |
| Midland College FoundationSTUDENT SCHOLARSHIPS | Midland, TX | $55K | 2023 |
| Scottish Rite For Children DallasPATIENT CARE | Dallas, TX | $50K | 2023 |
| Shriners Hospital For ChildrenFOR HOUSTON HOSPITAL | Houston, TX | $50K | 2023 |
| St Judes Children'S HospitalTREATMENT COSTS | Memphis, TN | $50K | 2023 |
| West Texas Rehab San AngeloPATIENT CARE | San Angelo, TX | $25K | 2023 |
| New Mexico Jr College FoundationSTUDENT SCHOLARSHIPS | Hobbs, NM | $25K | 2023 |
| Permian Basin Petroleum MuseumSTEM EDUCATION CENTER | Midland, TX | $25K | 2023 |
| Howard CollegeSTUDENT SCHOLARSHIPS | Big Spring, TX | $20K | 2023 |
| Joseph Thomas FoundationGENERAL SUPPORT | Abilene, TX | $15K | 2023 |
| Midland CollegeSTUDENT SCHOLARSHIPS | Midland, TX | $55K | 2022 |
| Odessa CollegeSTUDENT SCHOLARSHIPS | Odessa, TX | $30K | 2022 |
| New Mexico Jr CollegeSTUDENT SCHOLARSHIPS | Hobbs, NM | $25K | 2022 |
| Swcid FoundationSTUDENT SCHOLARSHIPS | Big Spring, TX | $35K | 2021 |
| Midland College Williams Regional Technical Training CollegeSTUDENT SCHOLARSHIPS | Fort Stockton, TX | $20K | 2021 |
| Md Anderson Cancer CenterGENERAL SUPPORT | Houston, TX | $40K | 2020 |