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Mcmains Foundation is a private corporation based in BATON ROUGE, LA. The foundation received its IRS ruling in 1990. The principal officer is Andrew T Mcmains. It holds total assets of $3.1M. Annual income is reported at $450K. Total assets have grown from $4K in 2011 to $3.1M in 2023. The foundation is governed by 4 officers and trustees. 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, Mcmains Foundation has made 3 grants totaling $687K, with a median grant of $235K. Annual giving has grown from $217K in 2021 to $470K in 2022. Individual grants have ranged from $217K to $235K, with an average award of $229K. Grant recipients are concentrated in Louisiana. 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.
Mcmains Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in LA.
Mcmains Foundation has distributed a total of $687K across 3 grants. The median grant size is $235K, with an average of $229K. Individual grants have ranged from $217K to $235K.
Mcmains Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mcmains Foundation is headquartered in BATON ROUGE, LA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| F Charles Mcmains | PRESIDENT | $0 | $0 | N/A |
| Julius Greer Mcmains | SECT/TREAS | $0 | $0 | N/A |
| Andrew Tyrone Mcmains | TRUSTEE | $0 | $0 | N/A |
| Robert Timothy Mcmains | TRUSTEE | $0 | $0 | N/A |
Total Giving
$183K
Total Assets
$3.1M
Fair Market Value
$3.9M
Net Worth
$3.1M
Grants Paid
$180K
Contributions
N/A
Net Investment Income
$115K
Distribution Amount
$178K
Total: $3.1M
Total Grants
3
Total Giving
$687K
Average Grant
$229K
Median Grant
$235K
Unique Recipients
1
Most Common Grant
$235K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Baton Rouge Area FoundationGENERAL SUPPORT | Baton Rouge, LA | $235K | 2022 |