Mccoll Foundation

CHARLOTTE, NC EIN: 56-2002906

Mccoll Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $253K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$253K

+405.3% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$126K

+152.7% YoY

Under IRS private-foundation payout rules, Mccoll Foundation reported a distributable amount of $11K for 2021 — the minimum it must pay out in qualifying distributions.

About Mccoll Foundation

Based on IRS filings

Mccoll Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $253K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

CharlestonCharlotte

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$71K$142K$213K$283K20202021
Metric20212020
Total Assets$155,072
Revenue$104,680$1
Expenses$257,624$50,000
Qualifying Distributions$252,655
Net Investment Income$1
Distributable Amount$11,231$13,181

Giving Over Time

Total grant dollars and number of grants per year

$0$63K$126K$189K$253K1 grants20202 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2021

TEACHING FELLOWS INSTITU…$150KINTERNATIONAL AFRICAN AM…$103K

Grant Size Distribution

3 grants across all recorded years

<$50K1$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Teaching Fellows Institute of Charlotte ($150,000), International African American Museum ($102,655).

RecipientPurposeAmount
TEACHING FELLOWS INSTITUTE OF CHARLOTTE CHARLOTTE, NCCHARITABLE$150,000
INTERNATIONAL AFRICAN AMERICAN MUSEUM CHARLESTON, SCCHARITABLE$102,655

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

NameTitleHoursCompensation
JANE MCCOLL LOCKWOODPRESIDENT
HUGH L MCCOLL IIIVICE PRESIDENT
JOHN S MCCOLLTREASURER/SECRETARY
JANE S MCCOLLCHAIRMAN OF BOARD

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Mccoll Foundation?

Mccoll Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. It holds — in total assets as of 2021.

Where does Mccoll Foundation operate?

Mccoll Foundation has awarded grants in North Carolina, South Carolina.

What size grants does Mccoll Foundation award?

In 2021, Mccoll Foundation awarded 2 grants totaling $253K — an average of about $126K per grant, based on its IRS Form 990 filings.

How much is Mccoll Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Mccoll Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mccoll Foundation's EIN?

Mccoll Foundation's EIN (Employer Identification Number) is 56-2002906. IRS Form 990 filing data is available on this page for 2020–2021.

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

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