Marshall L and Perrine D Mccune logo

Marshall L and Perrine D Mccune

SANTA FE, NM EIN: 85-0429439 Website

The Marshall L. and Perrine D. McCune Charitable Foundation is a private family foundation based in Santa Fe, New Mexico. Established in 1992, the foundation was created to continue the philanthropic legacy of Marshall McCune (who died in 1975) and his widow, Perrine Dixon McCune (who died in 1991 at age 87). The foundation is dedicated to enriching the health, education, environment, cultural, and spiritual life of New Mexicans through proactive grantmaking that seeks to foster positive social change.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$97.6M

+6.3% YoY

Annual Giving

$3.2M

-6.8% YoY

Grant Count

139

-19.2% YoY

Avg Grant Size

$23K

+15.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: The Marshall L. and Perrine D. McCune Charitable Foundation is dedicated to enriching the health, education, environment, cultural, and spiritual life of New Mexicans. The Foundation memorializes its benefactors through proactive grantmaking that seeks to foster positive social change.

Primary Focus Areas:

  • Arts and cultural development
  • Education and early childhood development
  • Health care and health-related opportunities
  • Environment and natural resource stewardship
  • Social services and youth programs
  • Economic development and family asset building
  • Rural development strategies
  • Urban planning and built environments
  • Non-profit sector capacity building
  • Community engagement and leadership

The foundation emphasizes a place-based approach to resilience and prosperity, striving to support organizations whose work demonstrates principles of alignment, collaboration, and integration within the civic sector.

Grantmaking

The foundation operates according to core values including collaboration with nonprofit and philanthropic partners, transparency in all processes and practices, and leadership in fostering large-scale change.

Grant Range

$1,000 to $650,000

Average Grant

amount: $20,000

Grant Types

include general operating support and project-specific funding

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is concentrated in New Mexico, with primary focus on enriching communities across the state. Secondary grantmaking activity extends to Colorado and California, though New Mexico remains the primary funding region.

Grant Distribution by State

13states
+5 more states

Cities

AbiquiuAlamogordoAlbuquerqueAlbuqueruqeAnchorageAngel FireAnthonyAnton ChicoArroyo SecoAustinBaltimoreBayardBelenBerkeleyBernalilloBostonCaballoCalabasasCanonesCarrizozo

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

  • Total assets: $97,577,937
  • Total revenues: $4,628,917
  • Total expenses: $4,654,054
  • Annual income: $33.9 million

Staffing:

  • 4 employees

Organization Type:

  • 501(c)(3) private foundation
  • EIN: 85-0429439
  • IRS ruling year: 1995
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$8M$11M20202021202220232024
Metric202420232022
Total Assets$97,577,937$91,819,670$84,541,275
Revenue$4,628,917$2,032,600$2,948,757
Expenses$4,654,054$5,132,249$4,975,637
Qualifying Distributions$4,126,385$4,308,018$4,508,427
Net Investment Income$4,897,569$2,927,885$836,214
Distributable Amount$4,480,706$4,178,152$4,114,256

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M165 grants2020160 grants2021178 grants2022172 grants2023139 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

501(C)PA$35KALMA$35KAMERICANS FOR INDIAN OPP…$35KANIMAL PROTECTION OF NEW…$35KARTS HUB$35KATD FOURTH WORLD MOVEMENT$35KBARELAS COMMUNITY COALIT…$35KCENTER FOR CIVIC POLICY$35KCENTER FOR SOCIAL SUSTAI…$35KCENTER OF SOUTHWEST CULT…$35K

Grant Size Distribution

250 grants across all recorded years

244<$50K5$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Marshall L and Perrine D Mccune

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Current Leadership:

  • David Edwards – Board Chair
  • Carla M. Romero – Executive Director
  • Aaron Cathey – Director
  • John M. Edwards – Director

Previous Leadership:

  • Sarah Losinger – Former Board Chair

The foundation is governed by 8 officers and trustees.

Compensation Overview

From 2024 IRS filing

CARLA M ROMEROEXECUTIVE DIRECTOR$154K

From 2024 filing

NameTitleHoursCompensation
CARLA M ROMEROEXECUTIVE DIRECTOR37.5$153,763
SUSAN M LOSINGERBOARD CHAIR5
DAVID M EDWARDSVICE CHAIR5
AARON CATHEYDIRECTOR2
JAMES M EDWARDSDIRECTOR2
JOHN M EDWARDSDIRECTOR2
JOHN R LOSINGERDIRECTOR2
MICHELLE MCCUNEDIRECTOR2

Recent News & Activity

Recent developments and announcements

The foundation has recently welcomed David Edwards as its new Board Chair, marking a transition in leadership. The foundation continues to emphasize its commitment to fostering resilience and prosperity in both rural and urban communities across New Mexico through aligned, collaborative, and integrated civic sector work.

McCune Charitable Foundation Grantmaking \u2013 Then and Now

The foundation has been active in supporting economic recovery efforts, including participation in initiatives like the Resilient Communities Fund, which provided grants to help economic recovery efforts in multiple New Mexico MainStreet communities.

Resilient Communities Fund Grants to Help Economic Recovery ...

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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