Mckenna Philip M Fdn
The Philip M McKenna Foundation is a private foundation established in 1967 and based in Latrobe, Pennsylvania. The foundation was founded by Philip M. McKenna, an internationally known metallurgist and industrialist who invented the first commercially successful steel cutting grade tungsten carbide and founded Kennametal Inc., a global leader in the tungsten carbide machine tool industry.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17.0M
+6.7% YoY
Annual Giving
$754K
+0.0% YoY
Grant Count
30
+0.0% YoY
Avg Grant Size
$25K
+0.0% YoY
Mission & Focus Areas
The foundation supports public policy and educational programs focused on free market economics, American constitutional government, and western civilization. The foundation's purpose is to support the advancement of a free, prosperous, and well-ordered society based upon American civic principles, private enterprise, and the cultural heritage of Western civilization. The foundation is committed to limited constitutional government, free market economics, and moral virtue.
Primary funding focus areas include:
- Education
- Public policy
- Philanthropy and voluntarism
- Arts, culture, and humanities
- Support for the foundation's local area
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Pennsylvania, the District of Columbia, and Virginia, with particular emphasis on the local area.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $16,984,961
- Total Revenues: $2,164,036
- Total Expenses: $1,096,309
- Total Liabilities: $0
As of 2023:
- Total Assets: $15.9 million
- Total Revenues: $2.76 million
- Total Expenses: $1.08 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,984,961 | $15,917,983 | $14,243,203 |
| Revenue | $2,164,036 | $2,756,049 | $911,166 |
| Expenses | $1,096,309 | $1,082,153 | $1,044,020 |
| Qualifying Distributions | $966,678 | $963,670 | $957,545 |
| Net Investment Income | $2,080,963 | $2,683,144 | $834,545 |
| Distributable Amount | $980,930 | $865,876 | $920,755 |
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
156 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- T. William Boxx – Chairman and CEO (compensation: $115,060 as of 2024)
- Michael Stagis – Vice President
The foundation operates with 2 employees.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MR T WILLIAM BOXX | CHAIRMAN | 40 | $115,060 |
| CHARLES R KESLER Ph D | VICE CHAIRMAN | — | — |
| PETER BOXX | BOARD MEMBER | — | — |
| MR JONATHAN C HALL | BOARD MEMBER | — | — |
| MRS ZAN MCKENNA RICH | SECRETARY | — | — |
| BNY MELLON N A | TRUSTEE | 1 | $72,993 |
Contact Information
Address: 816 Ligonier Street, Suite 500, Latrobe, PA 15650-1839
Mailing Address: PO Box 185, Pittsburgh, PA 15230-0185
Telephone: 412-234-1634
Tax Status: 501(c)(3) organization; tax-exempt since December 1967
EIN: 25-6082635
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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