McCrea Foundation

Private foundation · Grantmaker Placida, FL EIN: 54-6052010

McCrea Foundation is a private foundation based in Placida, Florida. In its 2026 filing, it reported 34 grants totaling $320,000 to charitable organizations, including schools, hospitals, arts organizations, and conservation groups.

McCrea Foundation at a glance

In short: McCrea Foundation gave $320K across 34 grants in 2026 (avg $9K), top state Connecticut. 21% of 2026 grantees were new. Source: 2026 IRS Form 990-PF.

Annual giving (2026)
$320,000
-5.9% vs 2025
Grants made (2026)
34
+0.0% vs 2025
Average grant
$9,412
-5.9% vs 2025
Median grant
$5,000
Total assets
$6,874,083
+7.5% vs 2025
New grantees (estimate)
21% first-time grantees (7 of 34, 2026)
Primary geography
Connecticut (25% of itemized 2026 grant dollars)
Latest 990 filing
Form 990-PF, 2026 View filing

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

How to apply to McCrea Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 11492 Creekside Way, Placida, FL 33946
Phone: (503) 888-1085

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who McCrea Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2026

Trustees of Westminster School Inc: $80KTrustees of Westminster SchoolInc$80KSt Jude Children's Research Hospital: $30KSt Jude Children's ResearchHospital$30KTrout Unlimited: $25KTrout Unlimited$25KBoca Grand Healthclinic Foundation: $20KBoca Grand HealthclinicFoundation$20KTexas Children's Hospital: $15KTexas Children's Hospital$15KArmand Hammer Museum of Art and Cultural Center Inc: $10KArmand Hammer Museum of Artand Cultural Center Inc$10KArt Practice: $10KArt Practice$10KBoca Grande Art Center: $10KBoca Grande Art Center$10KFriends of Boca Grande Community Center: $10KFriends of Boca GrandeCommunity Center$10KProctor Academy: $10KProctor Academy$10K

The largest 2026 recipient was Trustees of Westminster School Inc ($80K). Together the top 10 received $220K.

Grant Size Distribution

172 grants across all recorded years

168<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 168 grants of 172 (98%).

Geographic Focus

Where this funder awards grants

In 2026, the largest shares of grant dollars went to recipients in Connecticut (25%), Florida (22%), Wyoming (12%), Tennessee (11%), and California (9%).

Grant Distribution by State

24states

Share of 2026 grant dollars across all 34 itemized grants.

Cities

HoustonBoca GrandeJacksonSan AntonioLos AngelesPortlandKetchumMemphisAndoverHaileyIndianapolisMooseRochesterArlingtonChicagoNew YorkWoolly BuggerEnglewoodRenoSan Pedro

Is McCrea Foundation open to new grantees?

21%

first-time grantees, 2026

In 2026, 7 of 34 grantees (21%) were first-time recipients. First grants averaged $15K; repeat grants $8K. How we count

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

  • 62% of 2026 grantees were also funded in 2025. Method
  • Giving held roughly steady from 2023 to 2026 (−18%). Method
  • In 2026 it paid out 81% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2026). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K42 grants2019 33 grants2020 31 grants2021 23 grants2022 39 grants2023 42 grants2024 34 grants2025 34 grants2026

From 2019 to 2026, annual grant giving ranged from $301K (2019) to $389K (2023). In 2026 it made 34 grants totaling $320K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Trustees of Westminster School Inc Simsbury, CTGeneral Support$80,000
St Jude Children's Research Hospital Memphis, TNGeneral Support$30,000
Trout Unlimited Arlington, VAGeneral Support$25,000
Boca Grand Healthclinic Foundation Boca Grande, FLGeneral Support$20,000
Texas Children's Hospital Houston, TXGeneral Support$15,000
Armand Hammer Museum of Art and Cultural Center Inc Los Angeles, CAGeneral Support$10,000
Art Practice Los Angeles, CAGeneral Support$10,000
Boca Grande Art Center Boca Grande, FLGeneral Support$10,000
Friends of Boca Grande Community Center Boca Grande, FLGeneral Support$10,000
Proctor Academy Andover, NHGeneral Support$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2026$6,874,083$841,944$372,837$320,00034$325,750$797,820$400,943
2025$6,392,083$338,123$404,718$340,00034$343,000$313,732$383,479
2024$6,445,476$485,508$468,160$383,75042$393,231$440,500$365,370
2023$6,394,729$355,718$463,063$389,00039$392,525$316,234$365,533
2022$6,463,759$683,378$467,847$360,00023$372,495$624,349$419,169
2021$6,238,232$-163,292$418,507$340,00031—$69,775$357,597
2020$6,820,031$222,130$431,954$320,00033—$163,971$346,288
2019$7,029,855$1,716,657$410,130$300,70042—$1,649,891$311,963

Under IRS private-foundation payout rules, McCrea Foundation reported a distributable amount of $401K for 2026 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2026 grants show support for a range of organizations. For example, Westminster School describes its mission as providing educational programs and related activities to students in grades 9 through 12; St. Jude Children’s Research Hospital says it advances cures and prevention for pediatric catastrophic diseases through research and treatment; and the Barrier Island Parks Society says it inspires exploration and preservation of natural and historic treasures.

Grantmaking

In filing year 2026, the foundation awarded 34 grants totaling $320,000. Grants ranged from $2,000 to $80,000, with a median grant of $5,000. The largest listed grants included $80,000 to Trustees of Westminster School Inc. for general support, $30,000 to St. Jude Children’s Research Hospital for general support, $25,000 to Trout Unlimited for general support, $20,000 to Boca Grande Healthclinic Foundation for general support, and $15,000 to Texas Children’s Hospital for general support. Other listed grants included $10,000 each to the Armand Hammer Museum of Art and Cultural Center, Art Practice, Boca Grande Art Center, Friends of Boca Grande Community Center, and Proctor Academy.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2026 filing lists Edward C Welsh as president, David D Welsh as secretary, and Phoebe W Muzzy and John L Welsh as vice presidents.

McCrea Foundation is led by Edward C. Welsh, President on every filing since 2019; all 4 officers listed in 2026 are compensated.

Officers on the 2026 filing

  • Edward C. Welsh

    President

    On filings since 2019

    5 hrs/week

    $2K (2024) → $2K (2026)

  • David D. Welsh

    Secretary

    Vice President & Secretary → Vice President, 2025

    Vice President → Secretary, 2026

    On filings since 2019

    5 hrs/week

    $2K (2024) → $2K (2026)

  • John L. Welsh

    Vice President

    Vice President & Assistant Treasurer → Vice President, 2025

    On filings since 2019

    5 hrs/week

    $2K (2024) → $2K (2026)

  • Phoebe W. Muzzy

    Vice President

    Vice President & Treasurer → Vice President, 2025

    On filings since 2019

    5 hrs/week

    $2K (2024) → $2K (2026)

Data from IRS Form 990 filings, 2019–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2026 IRS filing

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

The highest reported compensation on the 2026 filing was $2K, to Edward C Welsh (President). 4 officers or directors reported compensation on that filing.

Frequently asked questions about McCrea Foundation

How much does McCrea Foundation give each year?

McCrea Foundation gave $320K across 34 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $340K across 34 grants.

What is McCrea Foundation's typical grant size?

McCrea Foundation's median grant in 2026 was $5,000, and its average grant was $9,412, across 34 grants on its 2026 IRS Form 990-PF. Organizations receiving their first grant from McCrea Foundation that year got $15K on average.

Where does McCrea Foundation give grants?

McCrea Foundation's top state is Connecticut, with 25% of the grant dollars itemized on its 2026 IRS Form 990-PF. The next largest states were Florida (22%) and Wyoming (12%). The most frequent recipient cities were Boca Grande, FL (9 grants), Jackson, WY (6 grants), Los Angeles, CA (3 grants) and Memphis, TN (2 grants).

Does McCrea Foundation give general operating support?

Yes: 100% of McCrea Foundation's 2026 grants with a stated purpose (34 of 34) were for general or operating support, per its 2026 IRS Form 990-PF.

Who are McCrea Foundation's largest grantees?

McCrea Foundation's largest 2026 grantees include Trustees of Westminster School Inc ($80,000), St Jude Children's Research Hospital ($30,000) and Trout Unlimited ($25,000), according to its 2026 IRS Form 990-PF. Together they received 42% of its itemized 2026 grant dollars.

How large is McCrea Foundation?

McCrea Foundation reported $6.9M in total assets on its 2026 IRS Form 990-PF. It paid out $326K in qualifying distributions that year, against a required minimum of $401K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does McCrea Foundation fund?

No mission statement for the foundation is provided. Its 2026 grants show support for a range of organizations. For example, Westminster School describes its mission as providing educational programs and related activities to students in grades 9 through 12; St. See mission & focus areas ↑

How do I apply for a grant from McCrea Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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 2019–2026.

Does McCrea Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS January 14, 2020)
  2. Added Form 990-PF for fiscal year 2026 (received by the IRS July 15, 2026)
  3. IRS filings on file for fiscal years 2020–2025

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Cite this profile

Grantable. (2026). McCrea Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/mccrea-foundation-morg_56c9f41f2c98414aac1d4b7414f05a91

BibTeX
@misc{grantable_546052010_2026,
  author       = {{Grantable}},
  title        = {{McCrea Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/mccrea-foundation-morg_56c9f41f2c98414aac1d4b7414f05a91},
  note         = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from McCrea Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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