Mckelvey Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTLAKE, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9.8M in total assets. In 2024, it awarded 19 grants totaling $431K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.8M
+19.5% YoY
Annual Giving
$431K
+0.3% YoY
Grant Count
19
+5.6% YoY
Avg Grant Size
$23K
-4.9% YoY
Under IRS private-foundation payout rules, Mckelvey Family Foundation reported a distributable amount of $607K for 2024 — the minimum it must pay out in qualifying distributions.
About Mckelvey Family Foundation
Based on IRS filings
Mckelvey Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTLAKE, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9.8M in total assets. In 2024, it awarded 19 grants totaling $431K.
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 | $9,788,629 | $8,193,110 | $5,451,484 |
| Revenue | $2,315,246 | $3,401,664 | $5,536,590 |
| Expenses | $692,591 | $687,174 | $211,833 |
| Qualifying Distributions | $431,446 | $435,670 | $53,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $606,909 | $505,604 | $225,897 |
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
45 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Commit2dallas ($200,000), Magic Wand Foundation ($100,000), New Horizons of North Texas ($25,682).
| Recipient | Purpose | Amount |
|---|---|---|
| ARK OF THE RAINBOW DALLAS, TX | SUPPORT THE MISSION | $25,000 |
| CHRISTMAS WISH PROJECT FORT WORTH, TX | SUPPORT THE MISSION | $5,000 |
| COMMIT2DALLAS DALLAS, TX | SUPPORT THE MISSION | $200,000 |
| EVERY MOTHER COUNTS WASHINGTON, DC | SUPPORT THE MISSION | $2,500 |
| MAGIC WAND FOUNDATION ROSWELL, GA | SUPPORT THE MISSION | $100,000 |
| ME SQUARED CANCER SOUTHLAKE, TX | SUPPORT THE MISSION | $10,000 |
| NATIONAL NETWORK OF ABORTION FUNDS BEAVERTON, OR | SUPPORT THE NATIONAL NETWORK | $13,000 |
| NEW HORIZONS OF NORTH TEXAS SOUTHLAKE, TX | SUPPORT THE MISSION | $25,682 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL MEMPHIS, TN | SUPPORT THE WORK OF ST JUDE HOSPITAL | $2,000 |
| TREVOR PROJECT WEST HOLLYWOOD, CA | SUPPORT THE MISSION | $12,407 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS R MCKELVEY | PRESIDENT, DIRECTOR | — | — |
| LISA COLEMAN MCKELVEY | SECRETARY, TREASURER, DIRECOTR | — | — |
| ALLIE RUTH MCKELVEY | DIRECTOR | — | — |
| KAYLON ALYSE MCKELVEY | DIRECTOR | — | — |
| QUINCY NICOLE MCKELVEY | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mckelvey Family Foundation?
Mckelvey Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTLAKE, TX. It holds $9.8M in total assets as of 2024.
How large is Mckelvey Family Foundation?
As of 2024, Mckelvey Family Foundation holds $9.8M in total assets with $2.3M in annual revenue. It awarded 19 grants totaling $431K in 2024.
Where does Mckelvey Family Foundation operate?
Mckelvey Family Foundation has awarded grants in California, Colorado, District of Columbia, Georgia, Illinois, Massachusetts, Missouri, New York, Oregon, Tennessee, Texas.
What size grants does Mckelvey Family Foundation award?
In 2024, Mckelvey Family Foundation awarded 19 grants totaling $431K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Mckelvey Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mckelvey Family Foundation reported a distributable amount of $607K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mckelvey Family Foundation's EIN?
Mckelvey Family Foundation's EIN (Employer Identification Number) is 86-1521376. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Mckelvey Family Foundation'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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