Mccrea Foundation

Foundation · Grantmaker PLACIDA, FL EIN: 54-6052010

There are multiple foundations operating under variations of the McCrea name. The primary foundation referenced in recent filings is **McCrea Foundation**, a private foundation based in Placida, Florida.

Key facts about Mccrea Foundation

EIN
54-6052010
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$340,000
Grants made (2025)
34
Average grant
$10,000
Median grant
$5,000
New grantees (estimate)
38% first-time grantees (13 of 34, 2025)
Total assets
$6,392,083
Primary geography
Texas (26% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated June 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Mccrea Foundation funds

By grant dollars, the top recipient states for Mccrea Foundation's 34 itemized 2025 grants were Texas (26%), Florida (21%) and Virginia (16%). The most frequent recipient cities were Houston, TX (7 grants), Boca Grande, FL (7 grants), Los Angeles, CA (5 grants) and Jackson, WY (2 grants). 100% of grants with a stated purpose were for general or operating support.

Is Mccrea Foundation open to new grantees?

38%

first-time grantees, 2025

In 2025, 13 of 34 grantees (38%) were first-time recipients. First grants averaged $7K; repeat grants $12K. How we count

Medians: $5K first-time, $10K repeat.

  • 44% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−6%). Method
  • In 2025 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$6.4M

-0.8% YoY

Annual Giving

$340K

-11.4% YoY

Grant Count

34

-19.0% YoY

Avg Grant Size

$10K

+9.4% YoY

Under IRS private-foundation payout rules, Mccrea Foundation reported a distributable amount of $383K for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

McCrea Foundation's grant-making focuses on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

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Geographic Focus

Where this funder awards grants

Primary funding areas include:

  • Texas
  • Florida
  • California
  • Washington
  • Georgia

Grant Distribution by State

23states

Share of all 34 itemized 2025 grant dollars.

Cities

HoustonBoca GrandeJacksonSan AntonioLos AngelesPortlandAndoverMemphisIndianapolisKetchumMooseNew YorkRochesterArlingtonWoolly BuggerChicagoEnglewoodHaileySan PedroSanta Monica

Financial History

Multi-year comparison from IRS filings

McCrea Foundation (Placida, FL)

  • Total assets: $6,392,083
  • Total giving: $340,000

McCrea Foundation Inc. (Point Roberts, WA)

  • Total assets: $1,247,312
  • Total giving: $42,000
  • Revenue (2024): $61,524
  • Expenses (2024): $59,628
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$188K$376K$564K$752K202020212022202320242025
Metric202520242023
Total Assets$6,392,083$6,445,476$6,394,729
Revenue$338,123$485,508$355,718
Expenses$404,718$468,160$463,063
Qualifying Distributions$343,000$393,231$392,525
Net Investment Income$313,732$440,500$316,234
Distributable Amount$383,479$365,370$365,533

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$97K$195K$292K$389K33 grants202031 grants202123 grants202239 grants202342 grants202434 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Trout Unlimited: $55KTrout Unlimited$55KSt Jude Children's Research Hospital: $35KSt Jude Children's ResearchHospital$35KCristo Rey Jesuit College Preparatory School of Houston: $25KCristo Rey Jesuit CollegePreparatory School of Houston$25KBoca Grand Healthclinic Foundation: $20KBoca Grand HealthclinicFoundation$20KAvondale House: $15KAvondale House$15KBo's Place: $15KBo's Place$15KHouston Society for the Prevention of Cruelty to Animals: $15KHouston Society for thePrevention of Cruelty to…$15KWestminster School: $15KWestminster School$15KBarrier Island Parks Society Inc: $10KBarrier Island Parks SocietyInc$10KBoca Grande Art Center: $10KBoca Grande Art Center$10K

Grant Size Distribution

169 grants across all recorded years

165<$50K2$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Trout Unlimited ($55,000), St Jude Children's Research Hospital ($35,000), Cristo Rey Jesuit College Preparatory School of Houston ($25,000).

RecipientPurposeAmount
TROUT UNLIMITED ARLINGTON, VAGENERAL SUPPORT$55,000
ST JUDE CHILDREN'S RESEARCH HOSPITAL MEMPHIS, TNGENERAL SUPPORT$35,000
CRISTO REY JESUIT COLLEGE PREPARATORY SCHOOL OF HOUSTON HOUSTON, TXGENERAL SUPPORT$25,000
BOCA GRAND HEALTHCLINIC FOUNDATION BOCA GRANDE, FLGENERAL SUPPORT$20,000
AVONDALE HOUSE HOUSTON, TXGENERAL SUPPORT$15,000
BO'S PLACE HOUSTON, TXGENERAL SUPPORT$15,000
HOUSTON SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS HOUSTON, TXGENERAL SUPPORT$15,000
WESTMINSTER SCHOOL SIMSBURY, CTGENERAL SUPPORT$15,000
BARRIER ISLAND PARKS SOCIETY INC BOCA GRANDE, FLGENERAL SUPPORT$10,000
BOCA GRANDE ART CENTER BOCA GRANDE, FLGENERAL SUPPORT$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Edward C Welsh — President: $2KEdward C WelshPresident$2KDavid D Welsh — Vice President: $2KDavid D WelshVice President$2KPhoebe W Muzzy — Vice President: $2KPhoebe W MuzzyVice President$2KJohn L Welsh — Vice President: $2KJohn L WelshVice President$2K

From 2025 IRS filing

NameTitleHoursCompensation
Edward C WelshPresident5$1,500
David D WelshVice President5$1,500
Phoebe W MuzzyVice President5$1,500
John L WelshVice President5$1,500

Frequently Asked Questions

What does Mccrea Foundation fund?

McCrea Foundation's grant-making focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services

How do I apply for a grant from Mccrea Foundation?

**McCrea Foundation (Placida, FL)** • Total annual giving: $340,000 • Typical award range: $1,000–$55,000 • Most recent IRS 990 filing: 2025 **McCrea Foundation Inc. (Point Roberts, WA)** • Total annual giving: $42,000 • Typical award range: $100–$50,000 • Most recent IRS 990 filing: 2024

Where does Mccrea Foundation make grants?

Primary funding areas include: • Texas • Florida • California • Washington • Georgia

What size grants does Mccrea Foundation award?

In 2025, Mccrea Foundation awarded 34 grants totaling $340K — an average of about $10K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2025, Mccrea Foundation reported a distributable amount of $383K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mccrea Foundation's EIN?

Mccrea Foundation's EIN (Employer Identification Number) is 54-6052010. IRS Form 990 filing data is available on this page for 2020–2025.

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

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