Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Mcgowan Family Foundation is a private corporation based in MCALESTER, OK. The foundation received its IRS ruling in 2002. The principal officer is Michael N Mcgowan. It holds total assets of $1.8M. Annual income is reported at $530K. Total assets have grown from $1.5M in 2011 to $2M in 2023. 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 2016 to 2023. Grantmaking is concentrated in Oklahoma. According to available records, Mcgowan Family Foundation has made 78 grants totaling $2.2M, with a median grant of $2K. Annual giving has grown from $167K in 2020 to $772K in 2023. Individual grants have ranged from $100 to $680K, with an average award of $28K. The foundation has supported 47 unique organizations. The foundation primarily supports organizations in Oklahoma, Missouri, Arkansas, which account for 99% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$8K
Largest Grant
$43K
Based on 22 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.
Mcgowan Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 78 grants. Its grantmaking reaches organizations primarily in OK, MO, AR.
Mcgowan Family Foundation has distributed a total of $2.2M across 78 grants. The median grant size is $2K, with an average of $28K. Individual grants have ranged from $100 to $680K.
Mcgowan Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mcgowan Family Foundation is headquartered in MCALESTER, OK. While based in OK, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Matthew Mcgowan | VICE-PRESIDE | $0 | $0 | N/A |
| Michael N Mcgowan | PRESIDENT/TR | $0 | $0 | N/A |
| Michelle Mcgowan Tompkins | SECRETARY | $0 | $0 | N/A |
Total Giving
$788K
Total Assets
$2M
Fair Market Value
$2.1M
Net Worth
$2M
Grants Paid
$772K
Contributions
N/A
Net Investment Income
$605K
Distribution Amount
$104K
Total: $801K
Total Grants
78
Total Giving
$2.2M
Average Grant
$28K
Median Grant
$2K
Unique Recipients
47
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hope HouseCHARITABLE | Mcalester, OK | $50K | 2022 |
| Parkinson FoundationGENERAL PURPOSE | Oklahoma City, OK | $5K | 2021 |
| City Of McalesterGENERAL | Mcalester, OK | $680K | 2023 |
| LifechurchRELIGIOUS | Mcalester, OK | $50K | 2023 |
| Mcalester Area Arts & HumanitiesGENERAL | Mcalester, OK | $10K | 2023 |
| St Joseph'S ChurchRELIGIOUS | Krebs, OK | $7K | 2023 |
| Mcalester Public SchoolsGENERAL | Mcalester, OK | $6K | 2023 |
| Ryans House Child Advocacy CenterGENERAL | Mcalester, OK | $5K | 2023 |
| Rotary Club Of McalesterGENERAL | Mcalester, OK | $5K | 2023 |
| Westminster Church FoundationRELIGIOUS | Oklahoma City, OK | $5K | 2023 |
| Cherokee ClubGENERAL | Mcalester, OK | $4K | 2023 |
| Catholic CharitiesRELIGIOUS | Oklahoma City, OK | $500 | 2023 |
| Mrhc FoundationCHARITABLE | Mcalester, OK | $500 | 2023 |
| Kiowa Public SchoolsCHARITABLE | Kiowa, OK | $30K | 2022 |
| Shared BlessingGENERAL PURPOSE | Mcalester, OK | $21K | 2022 |
| Good Samaritan OutreachCHARITABLE | Mcalester, OK | $10K | 2022 |
| International Order Of The RainbowCHARITABLE | Mcalester, OK | $10K | 2022 |
| Mcaslester Area Arts & HumanitiesGENERAL | Mcalester, OK | $8K | 2022 |
| Pc Care IncCHARITABLE | Mcalester, OK | $1K | 2022 |
| Keep Mcalester BeautifulGENERAL PURPOSE | Mcalester, OK | $1K | 2022 |
| Mcalester Community TheatreGENERAL | Mcalester, OK | $1K | 2022 |
| Mount Triumph Baptist ChurchRELIGIOUS | Oklahoma City, OK | $1K | 2022 |
| UnityCHARITABLE | Unity Village, MO | $1K | 2022 |
| Pittsburg Co NaacpCHARITABLE | Mcalester, OK | $600 | 2022 |
| John 316 MissionCHARITABLE | Tulsa, OK | $500 | 2022 |
| Heifer InternationalCHARITABLE | Little Rock, AR | $500 | 2022 |
| PawsGENERAL PURPOSE | Ada, OK | $500 | 2022 |
| Boys & Girls Club Of McalCHARITABLE | Mcalester, OK | $18K | 2021 |
| OetaGENERAL PURPOSE | Oklahoma City, OK | $10K | 2021 |
| Mcalster Publics SchoolsEDUCATIONAL | Mcalster, OK | $5K | 2021 |
| Kiamichi River Legacy AllianceCHARITABLE | Claremore, OK | $5K | 2021 |
| May ClubGENERAL | Oklahoma City, OK | $1K | 2021 |
| Al-Anon Information Services IncGENERAL | Oklahoma City, OK | $1K | 2021 |
| Kelley Club FoundationGENERAL PURPOSE | Oklahoma City, OK | $1K | 2021 |
| All Saints Episcopal ChurchCHARITABLE | Duncan, OK | $1K | 2021 |
| Community Christmas DinnerGENERAL | Mcalester, OK | $1K | 2021 |
TULSA, OK
ARDMORE, OK
OKLAHOMA CITY, OK