Larry and Pat Mcneil Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EL LAGO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.5M in total assets. In 2024, it awarded 6 grants totaling $360K. Net investment income was $240K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.5M
+1.9% YoY
Annual Giving
$360K
+118.2% YoY
Grant Count
6
+500.0% YoY
Avg Grant Size
$60K
-63.6% YoY
Under IRS private-foundation payout rules, Larry and Pat Mcneil Foundation reported a distributable amount of $581K for 2024 — the minimum it must pay out in qualifying distributions.
About Larry and Pat Mcneil Foundation
Based on IRS filings
Larry and Pat Mcneil Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EL LAGO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.5M in total assets. In 2024, it awarded 6 grants totaling $360K. Net investment income was $240K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,523,602 | $10,323,733 | $2,155,592 |
| Revenue | $627,334 | $8,345,354 | $119,657 |
| Expenses | $465,277 | $244,579 | $173,670 |
| Qualifying Distributions | $384,500 | $177,634 | $141,291 |
| Net Investment Income | $239,612 | $108,810 | $83,850 |
| Distributable Amount | $581,000 | $290,503 | $107,379 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Driscoll Children's Hospital ($250,000), Church of the Good Shepherd ($50,000), Foster Village of Corpus Christi ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SOUTH TEXAS MISSION OF MERCY CORPUS CHRIST, TX | CHARITABLE | $5,000 |
| DRISCOLL CHILDREN'S HOSPITAL CORPUS CHRISTI, TX | CHARITABLE | $250,000 |
| CHURCH OF THE GOOD SHEPHERD CORPUS CHRISTI, TX | CHARITABLE | $50,000 |
| AMERICAN CANCER SOCIETY CORPUS CHRISTI, TX | CHARITABLE | $10,000 |
| FOSTER VILLAGE OF CORPUS CHRISTI CORPUS CHRISTI, TX | CHARITABLE | $25,000 |
| COASTAL BEND COMMUNITY FOUNDATION CORPUS CHRISTI, TX | CHARITABLE | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL L MCNEIL | PRESIDENT | 2 | $25,000 |
| JULIE MCNEIL | VICE PRES/SEC | 2 | — |
| B CHERYL MAYHEW | TREASURER | 1 | — |
| KAREN WESSON | DIRECTOR | 4 | $24,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Larry and Pat Mcneil Foundation?
Larry and Pat Mcneil Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EL LAGO, TX. It holds $10.5M in total assets as of 2024.
How large is Larry and Pat Mcneil Foundation?
As of 2024, Larry and Pat Mcneil Foundation holds $10.5M in total assets with $627K in annual revenue. It awarded 6 grants totaling $360K in 2024.
Where does Larry and Pat Mcneil Foundation operate?
Larry and Pat Mcneil Foundation has awarded grants in Texas.
What size grants does Larry and Pat Mcneil Foundation award?
In 2024, Larry and Pat Mcneil Foundation awarded 6 grants totaling $360K — an average of about $60K per grant, based on its IRS Form 990 filings.
How much is Larry and Pat Mcneil Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Larry and Pat Mcneil Foundation reported a distributable amount of $581K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Larry and Pat Mcneil Foundation's EIN?
Larry and Pat Mcneil Foundation's EIN (Employer Identification Number) is 84-3192224. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Larry and Pat Mcneil 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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