Carol J Macguire Foundation

Foundation · Grantmaker El Paso, TX EIN: 20-0307151

Carol J Macguire Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in El Paso, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $249K in total assets. In 2024, it awarded 4 grants totaling $20K. Net investment income was $13K.

Key facts about Carol J Macguire Foundation

EIN
20-0307151
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$20,000
Grants made (2024)
4
Average grant
$5,000
Median grant
$5,000
Total assets
$249,046
Primary geography
Texas (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Carol J Macguire Foundation funds

By grant dollars, the top recipient states for Carol J Macguire Foundation's 4 itemized 2024 grants were Texas (100%). The most frequent recipient cities were El Paso, TX (4 grants). 25% of grants with a stated purpose were for general or operating support.

How Carol J Macguire Foundation gives

  • Giving grew 33% from 2021 to 2024. Method
  • In 2024 it paid out 139% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$249K

-1.4% YoY

Annual Giving

$20K

+60.0% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$5K

+20.0% YoY

Under IRS private-foundation payout rules, Carol J Macguire Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About Carol J Macguire Foundation

Based on IRS filings

Carol J Macguire Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in El Paso, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $249K in total assets. In 2024, it awarded 4 grants totaling $20K. Net investment income was $13K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 4 itemized 2024 grant dollars.

Cities

El PasoSaint Paul

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$19K$29K$39K20202021202220232024
Metric202420232022
Total Assets$249,046$252,645$258,561
Revenue$17,791$7,740$-2,577
Expenses$21,390$13,656$20,004
Qualifying Distributions$20,000$12,500$18,000
Net Investment Income$12,791$7,740$6,614
Distributable Amount$14,423$13,302$13,321

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K5 grants20204 grants20215 grants20223 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

The University of Texas at El Paso: $8KThe University of Texas at ElPaso$8KBorderland Rainbow Center: $5KBorderland Rainbow Center$5KThe First Tee of Greater El Paso: $5KThe First Tee of Greater ElPaso$5KLa Mecha Contemporary: $3KLa Mecha Contemporary$3K

Grant Size Distribution

21 grants across all recorded years

21<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include The University of Texas at El Paso ($7,500), Borderland Rainbow Center ($5,000), The First Tee of Greater El Paso ($5,000).

RecipientPurposeAmount
THE UNIVERSITY OF TEXAS AT EL PASO El Paso, TXSUPPORT FOR UTOPIAN HOTLINE PROJECT.$7,500
BORDERLAND RAINBOW CENTER El Paso, TXSALARY SUPPORT AND GENERAL OPERATION SUPPORT.$5,000
THE FIRST TEE OF GREATER EL PASO El Paso, TXPROGRAM SUPPORT FOR YOUTH DEVELOPMENT PROGRAM$5,000
LA MECHA CONTEMPORARY El Paso, TXFELLOWSHIP PROGAM.$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Carol M JohnsonPresident1—
Steve JohnsonVice-President1—
Lee CarnesBoard Member1—
Crystal MartinSecretary/Non-Voting3—
Larry StocktonTreasurer0.25—
Gaspar EnriquezBoard Member1—
Allan GoldfarbBoard Member1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Carol J Macguire Foundation?

Carol J Macguire Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in El Paso, TX. It holds $249K in total assets as of 2024.

How large is Carol J Macguire Foundation?

As of 2024, Carol J Macguire Foundation holds $249K in total assets with $18K in annual revenue. It awarded 4 grants totaling $20K in 2024.

Where does Carol J Macguire Foundation operate?

Carol J Macguire Foundation has awarded grants in Minnesota, Texas.

What size grants does Carol J Macguire Foundation award?

In 2024, Carol J Macguire Foundation awarded 4 grants totaling $20K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Carol J Macguire Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Carol J Macguire Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Carol J Macguire Foundation's EIN?

Carol J Macguire Foundation's EIN (Employer Identification Number) is 20-0307151. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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