Marshall L and Perrine D McCune
The Marshall L. and Perrine D. McCune Charitable Foundation is a private foundation based in an individual recipient, New Mexico, dedicated to the well-being of New Mexicans. It supports community-based work in New Mexico intended to foster resilience, prosperity, and positive social change.
Marshall L and Perrine D McCune at a glance
In short: Marshall L and Perrine D McCune gave $3.2M across 139 grants in 2024 (avg $23K), mostly in New Mexico. 38% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,170,700
- -6.8% vs 2023
- Grants made (2024)
- 139
- -19.2% vs 2023
- Average grant
- $22,811
- +15.4% vs 2023
- Median grant
- $15,000
- Total assets
- $97,577,937
- +6.3% vs 2023
- New grantees (estimate)
- 38% first-time grantees (53 of 139, 2024)
- Primary geography
- New Mexico (86% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Marshall L and Perrine D McCune
- How to Apply
-
The Foundation accepts applications through its online portal during its annual open application cycle. Eligible organizations submit an application; the Foundation’s application guidance and grantmaking overview provide category-specific information. The 2024 filing states that the Foundation does not restrict giving to preselected organizations. Grants cannot be made to individuals, and the Foundation’s stated restrictions also exclude direct grants to for-profit institutions, religious-purpose projects, and certain disease- or condition-related medical research.
- Review Cycle
- The application period for 2027 funding is August 15 through September 15, 2026, closing at 5 p.m. MDT.
- Deadline
- The application period for 2027 funding is August 15 through September 15, 2026, closing at 5 p.m.
- Contact
Application contact: Ernesto Torres
Mailing address: 345 E Alameda St, Santa Fe, NM 87501
Phone: (505) 983-8300
Email: grants@nmmccune.org
Website: https://nmmccune.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Marshall L and Perrine D McCune
Who Marshall L and Perrine D McCune funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Hispanic Federation Inc ($200K). Together the top 10 received $628K.
Grant Size Distribution
814 grants across all recorded years
The most common grant size was under $50K: 766 grants of 814 (94%).
Geographic Focus
Where this funder awards grants
The Foundation supports community-based work in New Mexico, and grants must benefit New Mexicans. In 2024, 86% of grant dollars went to recipients in New Mexico; the remaining reported shares went to New York (6%), Colorado (4%), California (2%), and Oregon (1%).
Grant Distribution by State
Share of 2024 grant dollars across all 139 itemized grants.
States
Cities
Is Marshall L and Perrine D McCune open to new grantees?
38%
first-time grantees, 2024
In 2024, 53 of 139 grantees (38%) were first-time recipients. First grants averaged $19K; repeat grants $25K. How we count
Medians: $15K first-time, $35K repeat.
- 47% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−2%). Method
- In 2024 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $3.2M (2024) to $4.3M (2020). In 2024 it made 139 grants totaling $3.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hispanic Federation Inc New York, NY | General Operating Support | $200,000 |
| Keshet Dance Company Albuquerque, NM | General Operating Support | $60,000 |
| La Semilla Food Center Anthony, NM | General Operating Support | $60,000 |
| New Mexico Center on Law and Poverty Albuquerque, NM | General Operating Support | $60,000 |
| Santa Fe Community Foundation Fiscal Sponsor for New Mexico Local News Fund Santa Fe, NM | General Operating Support | $60,000 |
| Semilla Project Albuquerque, NM | General Operating Support | $40,000 |
| Three Sisters Kitchen Albuquerque, NM | General Operating Support | $40,000 |
| Los Alamos National Laboratory Foundation Espanola, NM | General Operating Support | $38,000 |
| 501(C)PA Albuquerque, NM | General Operating Support | $35,000 |
| Alma Albuquerque, NM | General Operating Support | $35,000 |
Ready to take the next step with Marshall L and Perrine D McCune?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $97,577,937 | $4,628,917 | $4,654,054 | $3,170,700 | 139 | $4,126,385 | $4,897,569 | $4,480,706 |
| 2023 | $91,819,670 | $2,032,600 | $5,132,249 | $3,400,700 | 172 | $4,308,018 | $2,927,885 | $4,178,152 |
| 2022 | $84,541,275 | $2,948,757 | $4,975,637 | $3,572,300 | 178 | $4,508,427 | $836,214 | $4,114,256 |
| 2021 | $104,941,384 | $10,136,211 | $5,170,882 | $3,242,206 | 160 | $4,120,099 | $9,060,807 | $4,851,851 |
| 2020 | $101,967,681 | $6,315,191 | $9,018,105 | $4,327,500 | 165 | — | $4,594,707 | $4,131,518 |
Under IRS private-foundation payout rules, Marshall L and Perrine D McCune reported a distributable amount of $4.5M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Foundation’s mission is to enrich the health, education, environment, cultural, and spiritual lives of New Mexicans. Its grantmaking supports community-based work aligned with nine Foundation Priorities and corresponding Leverage Points. It favors collaborative work across priority areas, with leadership and expertise from people closest to and most affected by the work. Grants are unrestricted general operating support and must benefit New Mexicans.
Eligible applicants include qualified 501(c)(3) nonprofits classified under 509(a)(1) or 509(a)(2), federally recognized Native American tribes, public schools, and government agencies. Individuals are not eligible. The Foundation does not fund direct grants to for-profit institutions, projects serving religious purposes, or medical research addressing particular diseases or conditions.
Examples of supported organizations illustrate the range of work: La Semilla Food Center describes its mission as fostering a healthy, self-reliant, fair, and sustainable food system in the Paso del Norte region. Keshet Dance Company says it uses dance, mentorship, and a welcoming arts space to activate community and foster possibilities through education, engagement, innovation, and the pursuit of justice. The New Mexico Environmental Law Center describes work to protect communities and their air, land, and water through environmental justice advocacy.
Grantmaking
In 2024, the Foundation reported 139 grants totaling $3,170,700. Grant amounts ranged from $1,850 to $200,000, with a median of $15,000. The largest award was $200,000 to Hispanic Federation Inc. for general operating support. Other notable awards included $60,000 each to Keshet Dance Company, La Semilla Food Center, New Mexico Center on Law and Poverty, and the an individual recipient Community Foundation fiscal sponsor for the New Mexico Local News Fund; each was designated for general operating support.
The Foundation’s open application cycle accepts applications for community-based New Mexico projects related to its Foundation Priorities. Applicants may apply for only one grant per year, regardless of category. The Cultivate grant is a 12-month grant of $15,000 for qualifying seed, pilot, or aligned organizational work; the Foundation also describes a multi-year Focus category, with invitations to apply.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Carla M. Romero as executive director; Susan M. Losinger as board chair; David M. Edwards as vice chair; and Aaron Cathey, James M. Edwards, John M. Edwards, John R. Losinger, and Michelle McCune as directors. The Foundation’s website announces David Edwards as its new board chair.
Marshall L and Perrine D McCune is led by Carla M. Romero, Executive Director since 2021 (on filings since 2020); 1 of 8 officers listed in 2024 is compensated.
Officers on the 2024 filing
Carla M. Romero
Executive Director
Administrator Director & Executive Director → Executive Director, 2021
On filings since 2020
37.5 hrs/week
$125K (2020) → $154K (2024)
Susan M. Losinger
Board Chair
On filings since 2020
5 hrs/week
No compensation reported
Aaron Cathey
Director
Vice Chair → Director, 2022
On filings since 2020
2 hrs/week
No compensation reported
James M. Edwards
Director
On filings since 2020
2 hrs/week
No compensation reported
John M. Edwards
Director
Director → Vice Chair & Director, 2022
Vice Chair & Director → Director, 2023
On filings since 2020
2 hrs/week
No compensation reported
John R. Losinger
Director
On filings since 2020
2 hrs/week
No compensation reported
Michelle McCune
Director
Director → Vice Chair, 2022
Vice Chair → Director, 2024
On filings since 2020
2 hrs/week
No compensation reported
David M. Edwards
Vice Chair
Director → Vice Chair, 2024
On filings since 2020
5 hrs/week
No compensation reported
Former officers (1)
- Former: Wendy S. Lewis (2020) — Executive Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $154K, to Carla M Romero (Executive Director).
Frequently asked questions about Marshall L and Perrine D McCune
How much does Marshall L and Perrine D McCune give each year?
Marshall L and Perrine D McCune gave $3.2M across 139 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.4M across 172 grants.
What is Marshall L and Perrine D McCune's typical grant size?
Marshall L and Perrine D McCune's median grant in 2024 was $15,000, and its average grant was $22,811, across 139 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Marshall L and Perrine D McCune that year got $19K on average.
Where does Marshall L and Perrine D McCune give grants?
Marshall L and Perrine D McCune gives mostly in New Mexico: 86% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (6%). The most frequent recipient cities were Albuquerque, NM (56 grants), Santa Fe, NM (28 grants), Las Cruces, NM (5 grants) and Taos, NM (5 grants).
Does Marshall L and Perrine D McCune give general operating support?
Yes: 100% of Marshall L and Perrine D McCune's 2024 grants with a stated purpose (139 of 139) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Marshall L and Perrine D McCune's largest grantees?
Marshall L and Perrine D McCune's largest 2024 grantees include Hispanic Federation Inc ($200,000), Keshet Dance Company ($60,000) and La Semilla Food Center ($60,000), according to its 2024 IRS Form 990-PF. Together they received 10% of its itemized 2024 grant dollars.
How large is Marshall L and Perrine D McCune?
Marshall L and Perrine D McCune reported $97.6M in total assets on its 2024 IRS Form 990-PF. It paid out $4.1M in qualifying distributions that year, against a required minimum of $4.5M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Marshall L and Perrine D McCune fund?
The Foundation’s mission is to enrich the health, education, environment, cultural, and spiritual lives of New Mexicans. Its grantmaking supports community-based work aligned with nine Foundation Priorities and corresponding Leverage Points. See mission & focus areas ↑
How do I apply for a grant from Marshall L and Perrine D McCune?
The Foundation accepts applications through its online portal during its annual open application cycle. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Marshall L and Perrine D McCune's EIN?
Marshall L and Perrine D McCune's EIN (Employer Identification Number) is 85-0429439. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
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Cite this profile
Grantable. (2026). Marshall L and Perrine D McCune funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/marshall-l-and-perrine-d-mccune-morg_dc81193b45d840e883f49d76e0b71a00
BibTeX
@misc{grantable_850429439_2026,
author = {{Grantable}},
title = {{Marshall L and Perrine D McCune funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/marshall-l-and-perrine-d-mccune-morg_dc81193b45d840e883f49d76e0b71a00},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Marshall L and Perrine D McCune's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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