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Mcvay Foundation is a private corporation based in MINNETONKA, MN. The foundation received its IRS ruling in 1984. It holds total assets of $11.1M. Annual income is reported at $3.4M. Total assets have grown from $7.3M in 2011 to $10.7M in 2023. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Minnesota. According to available records, Mcvay Foundation has made 198 grants totaling $2.5M, with a median grant of $10K. Annual giving has grown from $754K in 2020 to $1.7M in 2022. Individual grants have ranged from $100 to $95K, with an average award of $13K. The foundation has supported 80 unique organizations. The foundation primarily supports organizations in Minnesota, Kansas, Illinois, which account for 81% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$13K
Largest Grant
$95K
Based on 68 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.
Mcvay Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 198 grants. Its grantmaking reaches organizations primarily in MN, KS, IL.
Mcvay Foundation has distributed a total of $2.5M across 198 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $100 to $95K.
Mcvay Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mcvay Foundation is headquartered in MINNETONKA, MN. While based in MN, the foundation distributes grants to organizations across 14 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marcelle Mcvay | VICE PRESIDENT/SECRETARY | $0 | $0 | N/A |
| Danita Mcvay | PRESIDENT | $0 | $0 | N/A |
| Mary Mcvay | TREASURER | $0 | $0 | N/A |
| Sara Mcvay | DIRECTOR | $0 | $0 | N/A |
| T Todd Mcvay | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.1M
Total Assets
$10.7M
Fair Market Value
$19.7M
Net Worth
$10.7M
Grants Paid
$1M
Contributions
N/A
Net Investment Income
$462K
Distribution Amount
$917K
Total: $9.9M
Total Grants
198
Total Giving
$2.5M
Average Grant
$13K
Median Grant
$10K
Unique Recipients
80
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United WayGENERAL OPERATION | Minneapolis, MN | $95K | 2022 |
| Salvation ArmyGENERAL OPERATION | Roseville, MN | $35K | 2022 |
| Kansas State UniversityGENERAL OPERATION | Manhattan, KS | $15K | 2022 |
| Minnesota OrchestraGENERAL OPERATION | Minneapolis, MN | $95K | 2022 |
| Mn Public RadioGENERAL OPERATION | St Paul, MN | $53K | 2022 |
| Withall (Fka Emily Prog Fdn)GENERAL OPERATION | St Louis Park, MN | $50K | 2022 |
| Way To GrowGENERAL OPERATION | Minneapolis, MN | $40K | 2022 |
| AliaGENERAL OPERATION | St Paul, MN | $30K | 2022 |
| Second HarvestGENERAL OPERATION | Brooklyn Park, MN | $20K | 2022 |
| Planned ParenthoodGENERAL OPERATION | St Paul, MN | $20K | 2022 |
| St David'S CenterGENERAL OPERATION | Minnetonka, MN | $15K | 2022 |
| Loaves And Fishes TooGENERAL OPERATION | Minneapolis, MN | $15K | 2022 |
| The PrincipiaGENERAL OPERATION | St Louis, MO | $15K | 2022 |
| American Indian College FundGENERAL OPERATION | Denver, CO | $15K | 2022 |
| Baby'S SpaceGENERAL OPERATION | Minneapolis, MN | $15K | 2022 |
| Rust CollegeGENERAL OPERATION | Holly Springs, MS | $15K | 2022 |
| Hamline University ScholarshipsGENERAL OPERATION | St Paul, MN | $15K | 2022 |
| The Family PartnershipGENERAL OPERATION | Minneapolis, MN | $15K | 2022 |
| Jeremiah ProgramGENERAL OPERATION | Minneapolis, MN | $15K | 2022 |
| U Of M FoundationGENERAL OPERATION | Minneapolis, MN | $15K | 2022 |
| Kanabec County Historical MuseumGENERAL OPERATION | Mora, MN | $15K | 2022 |
| United Theological SeminaryGENERAL OPERATION | St Paul, MN | $15K | 2022 |
| Loppet FoundationGENERAL OPERATION | Minneapolis, MN | $15K | 2022 |
| Sterling CollegeGENERAL OPERATION | Sterling, KS | $15K | 2022 |
| Victory Gardens TheaterGENERAL OPERATION | Chicago, IL | $10K | 2022 |
| Vocal EssenceGENERAL OPERATION | Minneapolis, MN | $10K | 2022 |