Marjorie & Richard Mcgahren Foundation
Marjorie & Richard Mcgahren Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VALHALLA, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $767K in total assets. In 2024, it awarded 5 grants totaling $68K. Net investment income was $89K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$767K
+2.9% YoY
Annual Giving
$68K
+8.4% YoY
Grant Count
5
-37.5% YoY
Avg Grant Size
$14K
+73.5% YoY
Under IRS private-foundation payout rules, Marjorie & Richard Mcgahren Foundation reported a distributable amount of $111K for 2024 — the minimum it must pay out in qualifying distributions.
About Marjorie & Richard Mcgahren Foundation
Based on IRS filings
Marjorie & Richard Mcgahren Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VALHALLA, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $767K in total assets. In 2024, it awarded 5 grants totaling $68K. Net investment income was $89K.
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 | $767,205 | $745,364 | $713,239 |
| Revenue | $110,166 | $99,301 | $85,273 |
| Expenses | $88,325 | $78,916 | $151,313 |
| Qualifying Distributions | $67,500 | $62,250 | $135,700 |
| Net Investment Income | $89,341 | $82,655 | $69,660 |
| Distributable Amount | $111,314 | $115,146 | $128,662 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
51 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Harvey School ($30,000), The Westchester Arc Foundation Inc ($25,000), Child Guidance Center ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHILD GUIDANCE CENTER STAMFORD, CT | TREATMENT, EDUCATION, AND COMMUNITY SUPPORT | $5,000 |
| HARVEY SCHOOL KATONAH, NY | SCHOOL EDUCATION SUPPORT | $30,000 |
| STEPINAC HS FDN WHITE PLAINS, NY | ACADEMIC PROGRAM SUPPORT | $3,500 |
| THE WESTCHESTER ARC FOUNDATION INC HAWTHORNE, NY | SUPPORTING CHILDREN, TEENS AND ADULTS WITH DEVELOPMENTAL DISABILITIES | $25,000 |
| SCARSDALE POLICE BENEVOLENT ASSOCIATION SCARSDALE, NY | PUBLIC SAFETY SUPPORT | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEVIN WATERHOUSE | TRUSTEE | 0.1 | — |
| CHRISTINE GROFF | TRUSTEE | 0.1 | — |
| JENNIFER WATERHOUSE COOPER | TRUSTEE | 0.1 | — |
| LAWRENCE WATERHOUSE III | TRUSTEE | 0.1 | — |
| PATRICK WATERHOUSE | TRUSTEE | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Marjorie & Richard Mcgahren Foundation?
Marjorie & Richard Mcgahren Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VALHALLA, NY. It holds $767K in total assets as of 2024.
How large is Marjorie & Richard Mcgahren Foundation?
As of 2024, Marjorie & Richard Mcgahren Foundation holds $767K in total assets with $110K in annual revenue. It awarded 5 grants totaling $68K in 2024.
Where does Marjorie & Richard Mcgahren Foundation operate?
Marjorie & Richard Mcgahren Foundation has awarded grants in Alabama, Connecticut, District of Columbia, Florida, Illinois, Kentucky, Nebraska, New York, Virginia.
What size grants does Marjorie & Richard Mcgahren Foundation award?
In 2024, Marjorie & Richard Mcgahren Foundation awarded 5 grants totaling $68K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Marjorie & Richard Mcgahren Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Marjorie & Richard Mcgahren Foundation reported a distributable amount of $111K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Marjorie & Richard Mcgahren Foundation's EIN?
Marjorie & Richard Mcgahren Foundation's EIN (Employer Identification Number) is 06-6447410. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Marjorie & Richard Mcgahren 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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