Mcgary Regan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLAND, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.3M in total assets. In 2024, it awarded 12 grants totaling $667K. Net investment income was $1.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.3M
+21.7% YoY
Annual Giving
$667K
+77.7% YoY
Grant Count
12
+20.0% YoY
Avg Grant Size
$56K
+48.1% YoY
Under IRS private-foundation payout rules, Mcgary Regan Foundation Inc reported a distributable amount of $651K for 2024 — the minimum it must pay out in qualifying distributions.
About Mcgary Regan Foundation Inc
Based on IRS filings
Mcgary Regan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLAND, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.3M in total assets. In 2024, it awarded 12 grants totaling $667K. Net investment income was $1.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,273,604 | $10,909,156 | $7,148,832 |
| Revenue | $3,234,293 | $4,347,154 | $1,363,668 |
| Expenses | $869,845 | $586,830 | $555,950 |
| Qualifying Distributions | $755,744 | $468,389 | $436,434 |
| Net Investment Income | $1,087,700 | $109,593 | $148,515 |
| Distributable Amount | $651,489 | $447,550 | $387,168 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
49 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Midland College Foundation ($120,000), Odessa College Foundation ($70,000), Shriners Children's Texas ($70,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HOWARD COLLEGE FOUNDATION BIG SPRING, TX | SCHOLARSHIPS FOR STUDENTS | $50,000 |
| JOSEPH THOMAS FOUNDATION ABILENE, TX | FINANCIAL ASSISTANCE PROGRAM, OVERHEAD FOR CLOSETS, AND ONGOING OPERATIONS | $30,000 |
| MIDLAND CHILDREN'S REHAB CENTER MIDLAND, TX | DYSLEXIA TUTORING PROGRAM | $60,000 |
| MIDLAND COLLEGE FOUNDATION MIDLAND, TX | SCHOLARSHIPS FOR STUDENTS AT THE FORT STOCKTON, TX CAMPUS | $120,000 |
| NEW MEXICO JUNIOR COLLEGE HOBBS, NM | ACADEMIC SUCCESS CENTER TO SUPPORT TUTORING | $40,000 |
| ODESSA COLLEGE FOUNDATION ODESSA, TX | SCHOLARSHIPS FOR THE STUDENTS AT THE ANDREWS, TX CAMPUS | $70,000 |
| PERMIAN BASIN PETROLEUM MUSEUM LIBRARY & HALL OF FAME MIDLAND, TX | PURCHASE OF 10 ROBOTLAB ADVANCED VIRTUAL REALITY HEADSETS AND TEACHER/STUDENT SUBSCRIPTION LICENSES | $10,500 |
| SCOTTISH RITE FOR CHILDREN DALLAS, TX | PURCHASE OF ANTI-GRAVITY TREADMILL FOR USE IN THE SCOTTISH RITE FOR CHILDREN SPORTS MEDICINE THERAPY GYM | $52,030 |
| SHRINERS CHILDREN'S TEXAS GALVESTON, TX | PROVIDE PSYCHOLOGICAL SERVICES TO PEDIATRIC PATIENTS THAT INCLUDE INDIVIDUAL, PLAY, AND FAMILY THERAPY | $70,000 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL PLACEMEMPHIS, TN | SUPPORT TREATMENT COSTS FOR ST. JUDE PATIENTS | $70,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EILEEN PIWETZ | BOARD MEMBER | 1 | — |
| MADISON ROSE | BOARD MEMBER | 1 | — |
| BLAKE CAUTHEN | BOARD MEMBER | 1 | — |
| BRIAN MCGARY | PRESIDENT/BOARD MEMBER | 10 | — |
| J CODY KIDD | VICE PRESIDENT/SECRETARY & TREASURER | 20 | $93,756 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mcgary Regan Foundation Inc?
Mcgary Regan Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLAND, TX. It holds $13.3M in total assets as of 2024.
How large is Mcgary Regan Foundation Inc?
As of 2024, Mcgary Regan Foundation Inc holds $13.3M in total assets with $3.2M in annual revenue. It awarded 12 grants totaling $667K in 2024.
Where does Mcgary Regan Foundation Inc operate?
Mcgary Regan Foundation Inc has awarded grants in New Mexico, Tennessee, Texas.
What size grants does Mcgary Regan Foundation Inc award?
In 2024, Mcgary Regan Foundation Inc awarded 12 grants totaling $667K — an average of about $56K per grant, based on its IRS Form 990 filings.
How much is Mcgary Regan Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mcgary Regan Foundation Inc reported a distributable amount of $651K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mcgary Regan Foundation Inc's EIN?
Mcgary Regan Foundation Inc's EIN (Employer Identification Number) is 82-2635946. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mcgary Regan Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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