//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
William And Lisa Mcgahan Family Foundation Inc. is a private corporation based in DORADO, PR. The foundation received its IRS ruling in 2012. The principal officer is William Mcgahan. It holds total assets of $2.7M. Annual income is reported at $13.7M. Total assets have grown from $319K in 2011 to $2.7M in 2023. The foundation is governed by 2 officers and trustees. Charitable and educational purposes. Gifts and grants to organizations that qualify as exempt organizations under section 501(c)3 of the internal revenue code. The foundation made 27 charitable gifts to various not-for-profit organizations. The gifts were to assist people in need and to fund educational institutions. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Georgia and New York. According to available records, William And Lisa Mcgahan Family Foundation Inc. has made 73 grants totaling $393K, with a median grant of $906. Annual giving has decreased from $256K in 2022 to $137K in 2023. Individual grants have ranged from N/A to $71K, with an average award of $5K. The foundation has supported 37 unique organizations. The foundation primarily supports organizations in Georgia, New York, New Jersey, which account for 67% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$906
Average Grant
$6K
Largest Grant
$71K
Based on 23 grants from the most recent 990-PF filing.
Charitable and educational purposes. Gifts and grants to organizations that qualify as exempt organizations under Section 501(c)3 of the Internal Revenue Code. The Foundation made 36 charitable gifts to various not-for-profit organizations. The gifts were to assist people in need and to fund to educational institutions.
Expenses: $292K
Charitable and educational purposes. Gifts and grants to organizations that qualify as exempt organizations under section 501(c)3 of the internal revenue code. The foundation made 27 charitable gifts to various not-for-profit organizations. The gifts were to assist people in need and to fund educational institutions. Based on available records, the foundation has funded 73 grants. Its grantmaking reaches organizations primarily in GA, NY, NJ.
William And Lisa Mcgahan Family Foundation Inc. has distributed a total of $393K across 73 grants. The median grant size is $906, with an average of $5K. Individual grants have ranged from N/A to $71K.
The application deadline is NO SUBMISSION DEADLINES. Limited to the resources available for annual distributions.
William And Lisa Mcgahan Family Foundation Inc. is headquartered in DORADO, PR. While based in PR, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William C Mcgahan | PRESIDENT/SECRETARY | $0 | $0 | N/A |
| Lisa O Mcgahan | TREASURER | $0 | $0 | N/A |
Total Giving
$142K
Total Assets
$2.7M
Fair Market Value
$2.7M
Net Worth
$2.3M
Grants Paid
$137K
Contributions
N/A
Net Investment Income
$234K
Distribution Amount
$131K
Total: $2.7M
Total Grants
73
Total Giving
$393K
Average Grant
$5K
Median Grant
$906
Unique Recipients
37
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Gateway CenterGENERAL SUPPORT | Atlanta, GA | $2K | 2023 |
| Georgia WorksGENERAL SUPPORT | Atlanta, GA | $52K | 2023 |
| Memorial Sloan KetteringGENERAL SUPPORT | New York, NY | $20K | 2023 |
| Camp Twin LakesGENERAL SUPPORT | Atlanta, GA | $15K | 2023 |
| CareGENERAL SUPPORT | Atlanta, GA | $12K | 2023 |
| WestministerGENERAL SUPPORT | Atlanta, GA | $10K | 2023 |
| Solomon'S TempleGENERAL SUPPORT | Atlanta, GA | $5K | 2023 |
| Georgia Speech Language Hearing FoundationGENERAL SUPPORT | Buford, GA | $5K | 2023 |
| JewbelongGENERAL SUPPORT | New York, NY | $5K | 2023 |
| Wesley Woods FoundationGENERAL SUPPORT | Atlanta, GA | $3K | 2023 |
| From Houses To HomesGENERAL SUPPORT | Mt Tabor, NJ | $2K | 2023 |
| Cornell WomenGENERAL SUPPORT | Ithaca, NY | $1K | 2023 |
| Adoptando En Pr IncGENERAL SUPPORT | Quebradillas, PR | $1K | 2023 |
| Atlanta Youth AcademyGENERAL SUPPORT | Atlanta, GA | $575 | 2023 |
| My FaceGENERAL SUPPORT | New York, NY | $540 | 2023 |
| Light For LightGENERAL SUPPORT | Atlanta, GA | $500 | 2023 |
| Alzheimers AssociationGENERAL SUPPORT | Atlanta, GA | $250 | 2023 |
| Georgia State UniversityGENERAL SUPPORT | Atlanta, GA | $250 | 2023 |
| JdrfGENERAL SUPPORT | Boone, IA | $250 | 2023 |
| Strongest Hearts FoundationGENERAL SUPPORT | San Francisco, CA | $200 | 2023 |
| Nyc Marathon Run For CancerGENERAL SUPPORT | New York, NY | $159 | 2023 |
| Pan Mass Challenge Dana Farber Cancer CenterGENERAL SUPPORT | Needhan, MA | $123 | 2023 |
| Leukemia And Lymphoma SocietyGENERAL SUPPORT | Rye Brook, NY | $100 | 2023 |
| Cornell UniversityGENERAL SUPPORT | Ithaca, NY | $100 | 2023 |
| Children'S Miracle NetworkGENERAL SUPPORT | Salt Lake, UT | $100 | 2023 |
| Yale Alumni FundGENERAL SUPPORT | New Haven, CT | N/A | 2023 |
| Greenhouse ScholarsGENERAL SUPPORT | Boulder, CO | $5K | 2022 |
| Cambiando VidasGENERAL SUPPORT | Pastores | $1K | 2022 |
| Judges And Lawyers Breast Cancer AlertGENERAL SUPPORT | New York, NY | $1K | 2022 |
| New Alternatives For ChildrenGENERAL SUPPORT | New York, NY | $1K | 2022 |
| Institute Psicopedagogico De Puerto RicoGENERAL SUPPORT | San Juan, PR | $906 | 2022 |