Gerald and Paula Mcnichols Family Foundation is a private foundation focused on Human Services, based in WINCHESTER, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.7M in total assets. In 2024, it awarded 19 grants totaling $250K. Net investment income was $58K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.7M
+16.8% YoY
Annual Giving
$250K
+89.5% YoY
Grant Count
19
+46.2% YoY
Avg Grant Size
$13K
+29.6% YoY
Under IRS private-foundation payout rules, Gerald and Paula Mcnichols Family Foundation reported a distributable amount of $364K for 2024 — the minimum it must pay out in qualifying distributions.
About Gerald and Paula Mcnichols Family Foundation
Based on IRS filings
Gerald and Paula Mcnichols Family Foundation is a private foundation focused on Human Services, based in WINCHESTER, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.7M in total assets. In 2024, it awarded 19 grants totaling $250K. Net investment income was $58K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,718,782 | $6,606,732 | $5,894,007 |
| Revenue | $206,145 | $135,401 | $207,970 |
| Expenses | $303,733 | $258,660 | $258,467 |
| Qualifying Distributions | $302,339 | $255,373 | $256,302 |
| Net Investment Income | $58,444 | $90,839 | $160,642 |
| Distributable Amount | $363,581 | $303,592 | $320,164 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
63 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Shenandoah University ($60,000), Stafford Regional Handbell Society ($25,000), Arcs Mwc Foundation Fellowship ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| VALLEY HEALTH FOUNDATION WINCHESTER, VA | ATHLETIC PROGRAMSPARISI WELLNESS | $1,000 |
| THE NEW YORK POPS KIDS NEW YORK, NY | SEND SCHOOL CHILDREN TO NY POPS CONCERTS | $10,000 |
| COMMUNITY MUSIC SCHOOL OF THE PIEDM UPPERVILLE, VA | MUSIC EDUCATION PROGRAMS | $4,000 |
| LIBERTY UKRAINE FOUNDATION AUSTIN, TX | SUMMER CAMP PROGRAMS | $15,000 |
| AMERICAN CIVIL WAR MUSEUM RICHMOND, VA | HISTORICAL EDUCATION PROGRAMS | $2,500 |
| NW WORKS MUSIC THERAPY FOUNDATION WINCHESTER, VA | EDUCATION SERVICES FOR PEOPLE WITH DISABILITIES | $15,000 |
| ARCS MWC FOUNDATION FELLOWSHIP WASHINGTON, DC | SCHOLARSHIP PROGRAMS | $20,000 |
| HYLTON PERFOMING ARTS FOUNDATION MANASSAS, VA | THEATRICAL EDUCATION PROGRAMS | $15,000 |
| SHENANDOAH VALLEY LATINO SCHOLARS HARRISONBURG, VA | COMPUTER REWARDS TO GRADUATING SENIORS | $6,000 |
| 2 FOR 2 FOUNDATION CLEAR BROOK, VA | SWIMMING EDUCATION PROGRAMS | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GERALD AND PAULA MCNICHOLS | DIRECTOR | 5 | — |
| G ROBERT MCNICHOLS JR | DIRECTOR | 1 | — |
| KATHERINE LOFTIS | DIRECTOR | 1 | — |
| MELISSA CARDON | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gerald and Paula Mcnichols Family Foundation?
Gerald and Paula Mcnichols Family Foundation is a private foundation focused on Human Services, based in WINCHESTER, VA. It holds $7.7M in total assets as of 2024.
How large is Gerald and Paula Mcnichols Family Foundation?
As of 2024, Gerald and Paula Mcnichols Family Foundation holds $7.7M in total assets with $206K in annual revenue. It awarded 19 grants totaling $250K in 2024.
Where does Gerald and Paula Mcnichols Family Foundation operate?
Gerald and Paula Mcnichols Family Foundation has awarded grants in Alabama, District of Columbia, Florida, New Jersey, New York, Ohio, Texas, Virginia.
What size grants does Gerald and Paula Mcnichols Family Foundation award?
In 2024, Gerald and Paula Mcnichols Family Foundation awarded 19 grants totaling $250K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Gerald and Paula Mcnichols Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gerald and Paula Mcnichols Family Foundation reported a distributable amount of $364K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gerald and Paula Mcnichols Family Foundation's EIN?
Gerald and Paula Mcnichols Family Foundation's EIN (Employer Identification Number) is 54-1973996. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gerald and Paula Mcnichols Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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