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The Mcalister Foundation is a private trust based in LAURENS, SC. The foundation received its IRS ruling in 2002. The principal officer is Albert D Mcalister Sr. It holds total assets of $7.5M. Annual income is reported at $446K. Total assets have grown from $1.7M in 2011 to $6.9M in 2023. The foundation is governed by 6 officers and trustees. Scholarships for higher education - schedule is attached. Tax records are available from 2021 to 2024. Grantmaking is concentrated in South Carolina. According to available records, The Mcalister Foundation has made 26 grants totaling $727K, with a median grant of $5K. Annual giving has grown from $326K in 2021 to $401K in 2023. Individual grants have ranged from $2K to $207K, with an average award of $28K. The foundation has supported 18 unique organizations. Grant recipients are concentrated in South Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$30K
Largest Grant
$180K
Based on 11 grants from the most recent 990-PF filing.
Scholarships for higher education - schedule is attached
Expenses: $180K
First united methodist church of laurens for general budget
Expenses: $65K
Laurens family ymca for public recreation
Expenses: $45K
Laurens county memorial home for support of indigent adults
Expenses: $10K
Scholarships for higher education - schedule is attached. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in SC.
The Mcalister Foundation has distributed a total of $727K across 26 grants. The median grant size is $5K, with an average of $28K. Individual grants have ranged from $2K to $207K.
The Mcalister Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (571112302) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
The Mcalister Foundation is headquartered in LAURENS, SC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Donald D Mcalister Trustee | DIRECTOR | $500 | $0 | $500 |
| Camille Mcalister | DIRECTOR | $500 | $0 | $500 |
| James A Coleman Trustee | DIRECTOR | $500 | $0 | $500 |
| Katie M Forsyth Trustee | DIRECTOR | $500 | $0 | $500 |
| Albert D Mcalister Sr Trustee | DIRECTOR | $0 | $0 | N/A |
| Albert D Mcalister Jr Trustee | DIRECTOR | $0 | $0 | N/A |
Total Giving
$457K
Total Assets
$6.9M
Fair Market Value
$6.9M
Net Worth
$6.9M
Grants Paid
$424K
Contributions
N/A
Net Investment Income
$126K
Distribution Amount
$344K
Total: $6.7M
Total Grants
26
Total Giving
$727K
Average Grant
$28K
Median Grant
$5K
Unique Recipients
18
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First United Methodist ChurchFOR CHURCH OPERATIONS | Laurens, SC | $65K | 2023 |
| Straight StreetYOUTH OUTREACH AND RECREATION | Laurens, SC | $2K | 2023 |
| Scholarships See Attached ScheduleHIGHER EDUCATION SCHOLARSHIPS | Laurens, SC | $207K | 2023 |
| Laurens Family YmcaFINANCIAL SUPPORT FOR LOCAL OPERATIONS | Laurens, SC | $50K | 2023 |
| Clinton Family YmcaFINANCIAL SUPPORT FOR LOCAL YMCA OPERATIONS | Clinton, SC | $20K | 2023 |
| Hospice Of Laurens CountyQUALITY OF LIFE FOR DYING PATIENTS | Laurens, SC | $10K | 2023 |
| Laurens County Future ScholarsTO ASSIST NEEDY STUDENTS WITH TUITION | Clinton, SC | $10K | 2023 |
| Laurens County Memorial HomeHOUSING FOR LOW INCOME SENIORS | Laurens, SC | $10K | 2023 |
| Laurens County MuseumCOUNTY MUSEUM OPERATIONS | Laurens, SC | $5K | 2023 |
| Laurens Co Baptist Crisis CenterFOOD AND CLOTHING FOR NEEDY FAMILIES | Laurens, SC | $5K | 2023 |
| Habitat For HumanityAFFORDABLE HOUSING FOR LOW INCOME FAMILIES | Laurens, SC | $5K | 2023 |
| Laurens County Rotary ClubBACKPACK PROGRAM FOR STUDENTS | Laurens, SC | $5K | 2023 |
| Family Promise Of Laurens CountyAID TO FAMILIES IN CRISIS | Laurens, SC | $3K | 2023 |
| Good Shepherd Free ClinicFREE MEDICAL CARE | Clinton, SC | $2K | 2023 |
| Laurens City CemeteryFOR PERPETUAL CEMETERY MAINTENANCE | Laurens, SC | $2K | 2023 |
| Scholarships-See Attached ScheduleHIGHER EDUCATION SCHOLARSHIPS | Laurens, SC | $180K | 2021 |
| Laurens Co Memorial HomeHOUSING FOR LOW INCOME SENIORS | Laurens, SC | $10K | 2021 |
| Rotary Club Of LaurensBACKPACK PROGRAM FOR STUDENTS | Laurens, SC | $4K | 2021 |
LAKE CITY, SC
CHARLESTON, SC
COLUMBIA, SC