Mcallen Medical Center Foundation

KING OF PRUSSIA, PA EIN: 23-2749074

Mcallen Medical Center Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KING OF PRUSSIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $776K in total assets. In 2024, it awarded 3 grants totaling $52K. Net investment income was $45K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$776K

-1.0% YoY

Annual Giving

$52K

-5.5% YoY

Grant Count

+200.0% YoY

Avg Grant Size

$17K

-68.5% YoY

Under IRS private-foundation payout rules, Mcallen Medical Center Foundation reported a distributable amount of $60K for 2024 — the minimum it must pay out in qualifying distributions.

About Mcallen Medical Center Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $267K (100%)

States

Texas

Cities

EdinburgMcallenWaco

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$775,686	$783,882	$788,098
Revenue	$57,931	$62,235	$22,776
Expenses	$64,846	$66,451	$73,898
Qualifying Distributions	$52,000	$55,000	$60,000
Net Investment Income	$45,088	$50,742	$13,870
Distributable Amount	$60,090	$52,693	$53,753

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include South Texas College Foundation ($37,000), Texas A&m ($10,000), The Tstc Foundation ($5,000).

Recipient	Purpose	Amount
South Texas College Foundation Mcallen, TX	EDUCATION	$37,000
TEXAS A&M Mcallen, TX	EDUCATION	$10,000
THE TSTC FOUNDATION Waco, TX	EDUCATION	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Edward Sim	VICE PRESIDENT/TRUSTEE	0.01	—
STEVE FILTON	VICE PRESIDENT	0.01	—
CHERYL K RAMAGANO	TREASURER	0.01	—
GEORGE H BRUNNER JR	SECRETARY	0.01	—
EMMA MONTES-EWING	PRESIDENT	0.01	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Mcallen Medical Center Foundation?

Mcallen Medical Center Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KING OF PRUSSIA, PA. It holds $776K in total assets as of 2024.

How large is Mcallen Medical Center Foundation?

As of 2024, Mcallen Medical Center Foundation holds $776K in total assets with $58K in annual revenue. It awarded 3 grants totaling $52K in 2024.

Where does Mcallen Medical Center Foundation operate?

Mcallen Medical Center Foundation has awarded grants in Texas.

What size grants does Mcallen Medical Center Foundation award?

In 2024, Mcallen Medical Center Foundation awarded 3 grants totaling $52K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is Mcallen Medical Center Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mcallen Medical Center Foundation reported a distributable amount of $60K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mcallen Medical Center Foundation's EIN?

Mcallen Medical Center Foundation's EIN (Employer Identification Number) is 23-2749074. IRS Form 990 filing data is available on this page for 2020–2024.