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Ta The John P Mcconnell Foundation is a private corporation based in RALEIGH, NC. The foundation received its IRS ruling in 1998. The principal officer is Wachovia Bank Na. It holds total assets of $2.7M. Annual income is reported at $1.4M. Total assets have decreased from $3.6M in 2011 to $1.7M in 2023. The foundation is governed by 1 officer or trustee. 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 2017 to 2023. The foundation primarily funds organizations in North Carolina and Virginia. According to available records, Ta The John P Mcconnell Foundation has made 69 grants totaling $985K, with a median grant of $3K. Annual giving has grown from $178K in 2020 to $548K in 2022. Individual grants have ranged from $250 to $117K, with an average award of $14K. The foundation has supported 34 unique organizations. The foundation primarily supports organizations in North Carolina, Virginia, Tennessee, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$2K
Average Grant
$16K
Largest Grant
$100K
Based on 11 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.
Ta The John P Mcconnell Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 69 grants. Its grantmaking reaches organizations primarily in NC, VA, TN.
Ta The John P Mcconnell Foundation has distributed a total of $985K across 69 grants. The median grant size is $3K, with an average of $14K. Individual grants have ranged from $250 to $117K.
Ta The John P Mcconnell Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ta The John P Mcconnell Foundation is headquartered in RALEIGH, NC. While based in NC, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John P Mcconnell | DIRECTOR / CEO | $0 | $0 | N/A |
Total Giving
$312K
Total Assets
$1.7M
Fair Market Value
$2.1M
Net Worth
$1.7M
Grants Paid
$275K
Contributions
N/A
Net Investment Income
$48K
Distribution Amount
$106K
Total: $1.3M
Total Grants
69
Total Giving
$985K
Average Grant
$14K
Median Grant
$3K
Unique Recipients
34
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Methodist ChurchMEMORIAL | Mt Olive, NC | $1K | 2022 |
| Virginia Tech Athletic FundSUPPORT OF SCHOLARSHIPS | Blacksburg, VA | $117K | 2022 |
| Triad Piedmont Charitable FoundatioGENERAL SUPPORT | Greensboro, NC | $63K | 2022 |
| The Hokie WayGENERAL SUPPORT | Salem, VA | $20K | 2022 |
| Nc Sports Hall Of FameGENERAL SUPPORT | Raleigh, NC | $15K | 2022 |
| First Tee Of The TriangleGENERAL SUPPORT | Raleigh, NC | $15K | 2022 |
| Frankie Lemmon School And DevelopmeGENERAL SUPPORT | Raleigh, NC | $10K | 2022 |
| Rex Hospital FoundationGENERAL SUPPORT | Raleigh, NC | $10K | 2022 |
| The Cool Branch Fire DepartmentGENERAL SUPPORT | Penhook, VA | $5K | 2022 |
| Continuous Blessings FoundationGENERAL SUPPORT | Raleigh, NC | $4K | 2022 |
| Green Spring Presbyterian ChurchMEMORIAL | Abingdon, VA | $3K | 2022 |
| Olivia Strong FoundationGENERAL SUPPORT | Matthews, NC | $2K | 2022 |
| Bristol Historical SocietyGENERAL SUPPORT | Bristol, VA | $2K | 2022 |
| Rock Spring Presbyterian ChurchMEMORIAL | Meadowview, VA | $2K | 2022 |
| Brevard Music CenterGENERAL SUPPORT | Brevard, NC | $1K | 2022 |
| Lenoir Rhyne University Scholarship FundSUPPORT OF SCHOLARSHIPS | Hickory, NC | $1K | 2022 |
| Leukemia And Lymphoma SocietyGENERAL SUPPORT | Mt Olive, NC | $1K | 2022 |
| Southport On Cape Scholarship FundSUPPORT OF SCHOLARSHIPS | Mashppe, MA | $1K | 2022 |
| Cold Spring Presbyterian ChurchMEMORIAL | Bristol, TN | $1K | 2022 |
| St Michael Episcopal ChurchMEMORIAL | Raleigh, NC | $500 | 2022 |
| Ronald Mcdonald HouseGENERAL SUPPORT | Charlottesville, VA | $300 | 2022 |
| Healing TransitionsGENERAL SUPPORT | Raleigh, NC | $25K | 2021 |
| High Point University Scholarship FundSUPPORT OF SCHOLARSHIPS | High Point, NC | $5K | 2021 |