Mckenna Philip M Fdn

PITTSBURGH, PA EIN: 25-6082635

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

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

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

Ready to take the next step with Mckenna Philip M Fdn?

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

9states
+1 more states

Cities

ArlingtonAshlandBridgevilleClaremontErieGrove CityHarrisburgHillsdaleLatrobeLigonierNew YorkNorthbrookPhiladelphiaPittsburghSan FranciscoWashingtonWilmington

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$758K$2M$2M$3M20202021202220232024
Metric202420232022
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

$0$230K$461K$691K$922K32 grants202036 grants202128 grants202230 grants202330 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

COMMONWEALTH FOUNDATION …$85KCLAREMONT INSTITUTE$80KPACIFIC RESEARCH INSTITU…$80KINTERCOLLEGIATE STUDIES …$60KETHICS AND PUBLIC POLICY…$40KALLEGHENY INSTITUTE FOR …$30KAMERICAN ENTERPRIES INST…$30KREALCLEAR FOUNDATION$30KTAX FOUNDATION$25KAMERICAN COUNCIL OF TRUS…$20K

Grant Size Distribution

156 grants across all recorded years

135<$50K21$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

MR T WILLIAM BOXXCHAIRMAN$115KBNY MELLON N ATRUSTEE$73K

From 2024 filing

NameTitleHoursCompensation
MR T WILLIAM BOXXCHAIRMAN40$115,060
CHARLES R KESLER Ph DVICE CHAIRMAN
PETER BOXXBOARD MEMBER
MR JONATHAN C HALLBOARD MEMBER
MRS ZAN MCKENNA RICHSECRETARY
BNY MELLON N ATRUSTEE1$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

Related Funders

Similar funders by location and focus area

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

What could you do with Mckenna Philip M Fdn on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities