McDowell Technical Community College Foundation Inc
To promote, develop and encourage public support of mcdowell technical community college. To seek and raise funds and gifts to provide to the college in order to advance the mission and goals of the college.
McDowell Technical Community College Foundation Inc at a glance
In short: McDowell Technical Community College Foundation Inc reported $445K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.
- Grants paid (2025)
- $445,208 — reported as a total on the IRS filing, without an itemized list
- +126.7% vs 2024
- Total assets
- $1,638,373
- +18.7% vs 2024
- Revenue (2025)
- $655,164
- -14.2% vs 2024
- Net investment income (2025)
- $41,032
- +121.3% vs 2024
- Expenses (2025)
- $456,748
- +121.8% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who McDowell Technical Community College Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How McDowell Technical Community College Foundation Inc gives
- Giving grew 776% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $6K (2022) to $445K (2025). In 2025 it reported $445K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $196,427 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,638,373 | $655,164 | $456,748 | $445,208 | Total only | $41,032 |
| 2024 | $1,379,949 | $764,001 | $205,895 | $196,427 | 1 | $18,543 |
| 2023 | $783,097 | $126,356 | $159,252 | $151,819 | 1 | $12,386 |
| 2022 | $794,234 | $197,208 | $18,332 | $5,891 | 1 | $26,617 |
| 2021 | $711,685 | $66,448 | $31,125 | $22,424 | 1 | $13,373 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About McDowell Technical Community College Foundation Inc
Based on IRS filings
McDowell Technical Community College Foundation Inc is a public charity, based in Marion, NC. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it reported $445K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $41K.
Leadership & Key People
Officers and directors from IRS filings
McDowell Technical Community College Foundation Inc is led by Walt Bagwell, Chairman since 2023 (on filings since 2021); none of the 18 officers listed in 2025 report compensation.
Officers on the 2025 filing
Walt Bagwell
Chairman
Boad Vice Chair → Board Vice Chair, 2022
Board Vice Chair → Chairman, 2023
On filings since 2021
0.3 hrs/week
No compensation reported
Madalyn Gaito
Mtcc Director of Development
Director → Mtcc Director of Development, 2022
On filings since 2021
16 hrs/week
$57K (2024) → $0 (2025)
Marsh Dark
Director
Board Member → Director, 2023
On filings since 2021
0.3 hrs/week
No compensation reported
Nancy Hunter
Director
Board Member → Director, 2023
On filings since 2021
0.3 hrs/week
No compensation reported
Ray McKesson
Director
Board Member → Director, 2023
On filings since 2021
0.3 hrs/week
No compensation reported
Ryan Garrison
Mtcc Vice President for Administrator & Fina
Treasurer → Mtcc Vice President for Administrator & Finance, 2022
Mtcc Vice President for Administrator & Finance → Mtcc Vice President for Administrator & Fina, 2023
On filings since 2021
1 hr/week
$141K (2024) → $0 (2025)
Bob Boyette
Board Member
On filings since 2021
0.3 hrs/week
No compensation reported
Jan Goodson
Board Member
On filings since 2021
0.3 hrs/week
No compensation reported
Johnnie Davis
Board Member
On filings since 2021
0.3 hrs/week
No compensation reported
Marion Baker
Board Member
On filings since 2021
0.3 hrs/week
No compensation reported
Paula Avery
Board Member
On filings since 2021
0.3 hrs/week
No compensation reported
Sharon Parker
Board Member
On filings since 2021
0.3 hrs/week
No compensation reported
Steve Jones
Board Member
On filings since 2021
0.3 hrs/week
No compensation reported
Steve McMahan
Board Member
Chairman → Board Member, 2023
On filings since 2021
0.3 hrs/week
No compensation reported
Wes Shelly
Vice Chair
Board Member → Vice Chair, 2023
On filings since 2021
0.3 hrs/week
No compensation reported
William Hollifield
Board Member
On filings since 2021
0.3 hrs/week
No compensation reported
Linda Hamrick
Board Member
On filings since 2023
0.3 hrs/week
No compensation reported
Sarah Washburn
Board Member
On filings since 2023
0.3 hrs/week
No compensation reported
Former officers (7)
- Former: Bobbie Young (2021–2023) — Board Member
- Former: Brian Merritt (2022–2023) — Mtcc President & Executive Secretary to Foundation
- Former: Lisa Byrd (2022–2023) — Mtcc Director of Financial
- Former: Penny Cross (2022–2023) — Mtcc Director for Student
- Former: Rachel Withrow (2021–2022) — Board Member
- Former: Danny Hampton (2021) — Board Member
- Former: Gerald Green (2021) — Board Member
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $141K, to Ryan Garrison (MTCC VP for Admin and Fina). 2 officers or directors reported compensation on that filing.
Frequently asked questions about McDowell Technical Community College Foundation Inc
How much does McDowell Technical Community College Foundation Inc give each year?
McDowell Technical Community College Foundation Inc reported $445K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it gave $196K across 1 grant.
How large is McDowell Technical Community College Foundation Inc?
McDowell Technical Community College Foundation Inc reported $1.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $655K.
Where does McDowell Technical Community College Foundation Inc operate?
McDowell Technical Community College Foundation Inc has awarded grants in North Carolina.
What is McDowell Technical Community College Foundation Inc's EIN?
McDowell Technical Community College Foundation Inc's EIN (Employer Identification Number) is 59-1743773. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2025 (received by the IRS October 7, 2025)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in McDowell Technical Community College Foundation Inc's focus areas in our free grants database
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