Marshall L and Perrine D Mccune
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.
Key facts about Marshall L and Perrine D Mccune
- EIN
- 85-0429439
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $3,170,700
- Grants made (2024)
- 139
- Average grant
- $22,811
- Median grant
- $15,000
- Total assets
- $97,577,937
- Primary geography
- New Mexico (86% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated August 2026.
Who Marshall L and Perrine D Mccune funds
By grant dollars, the top recipient states for Marshall L and Perrine D Mccune's 139 itemized 2024 grants were New Mexico (86%) and 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). 100% of grants with a stated purpose were for general or operating support.
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
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.
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
Ready to take the next step with Marshall L and Perrine D Mccune?
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
Share of all 139 itemized 2024 grant dollars.
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
814 grants across all recorded years
Open Grants
1 open opportunity from Marshall L and Perrine D Mccune
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Hispanic Federation Inc ($200,000), Keshet Dance Company ($60,000), La Semilla Food Center ($60,000).
| 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 |
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARLA M ROMERO | EXECUTIVE DIRECTOR | 37.5 | $153,763 |
| SUSAN M LOSINGER | BOARD CHAIR | 5 | — |
| DAVID M EDWARDS | VICE CHAIR | 5 | — |
| AARON CATHEY | DIRECTOR | 2 | — |
| JAMES M EDWARDS | DIRECTOR | 2 | — |
| JOHN M EDWARDS | DIRECTOR | 2 | — |
| JOHN R LOSINGER | DIRECTOR | 2 | — |
| MICHELLE MCCUNE | DIRECTOR | 2 | — |
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 NowThe 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
Frequently Asked Questions
What does Marshall L and Perrine D Mccune fund?
**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 • So…
How do I apply for a grant from Marshall L and Perrine D Mccune?
**Grant Characteristics:** • Typical grant range: $1,000 to $650,000 • Average grant amount: $20,000 • Median grant amount: $10,000 • Grant types include general operating support and project-specific funding **Recent Grant Activity (2024):** • Hispanic Federation: $200,000 (General Operating Support) • La Semilla Food Center: $60,000 (General Operating Support) • New Mexico Center on Law and Poverty: $60,000 (General Operating Support) • Total grants made in 2024: approximately $2.2 million ac…
Where does Marshall L and Perrine D Mccune make 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.
What size grants does Marshall L and Perrine D Mccune award?
In 2024, Marshall L and Perrine D Mccune awarded 139 grants totaling $3.2M — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Marshall L and Perrine D Mccune required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Marshall L and Perrine D Mccune reported a distributable amount of $4.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Marshall L and Perrine D Mccune's focus areas in our free grants database
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Data last updated August 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.