Mckinley Educational Initiative is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TEMPE, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26.0M in total assets. In 2024, it awarded 7 grants totaling $991K. Net investment income was $1.7M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26.0M
+12.6% YoY
Annual Giving
$991K
+86.9% YoY
Grant Count
7
-30.0% YoY
Avg Grant Size
$142K
+167.0% YoY
Under IRS private-foundation payout rules, Mckinley Educational Initiative reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
About Mckinley Educational Initiative
Based on IRS filings
Mckinley Educational Initiative is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TEMPE, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $26.0M in total assets. In 2024, it awarded 7 grants totaling $991K. Net investment income was $1.7M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,034,106 | $23,113,211 | $19,581,527 |
| Revenue | $2,043,053 | $1,111,654 | $1,073,989 |
| Expenses | $1,622,330 | $1,128,619 | $1,726,420 |
| Qualifying Distributions | $1,299,519 | $836,970 | $1,412,770 |
| Net Investment Income | $1,748,174 | $864,726 | $761,847 |
| Distributable Amount | $1,214,695 | $1,049,557 | $1,141,921 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Purdue Research Foundation ($745,000), Metroed Foundation ($75,000), John Jay Center for Learning ($70,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASPIRE ARIZONA FOUNDATION PAYSON, AZ | GENERAL OPERATING SUPPORT | $15,550 |
| JOHN JAY CENTER FOR LEARNING PORTLAND, IN | GENERAL OPERATING SUPPORT | $70,000 |
| KOKO - FIVE MOUNTAINS HAWAII INC KAMUELA, HI | GENERAL OPERATING SUPPORT | $10,000 |
| LEADERSHIP KAUAI LIHUE, HI | GENERAL SUPPORT | $25,000 |
| METROED FOUNDATION SAN JOSE, CA | GENERAL SUPPORT | $75,000 |
| PURDUE RESEARCH FOUNDATION WEST LAFAYETTE, IN | MEDICAL RESEARCH | $745,000 |
| THE PORTLAND FOUNDATION PORTLAND, IN | GENERAL SUPPORT FOR JAY COUNTY SCHOOL SYSTEM TUTORING AND BEHAVIORAL HEALTH | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TAMARA RIX | PRESIDENT | 40 | $144,000 |
| MARK RIX | SECRETARY | 15 | $48,000 |
| TIM MCKINLEY | TREASURER | 15 | $60,000 |
| CHRISTOPHER RIX | DIRECTOR | 20 | $960 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mckinley Educational Initiative?
Mckinley Educational Initiative is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TEMPE, AZ. It holds $26.0M in total assets as of 2024.
How large is Mckinley Educational Initiative?
As of 2024, Mckinley Educational Initiative holds $26.0M in total assets with $2.0M in annual revenue. It awarded 7 grants totaling $991K in 2024.
Where does Mckinley Educational Initiative operate?
Mckinley Educational Initiative has awarded grants in Arizona, California, Hawaii, Indiana, New York.
What size grants does Mckinley Educational Initiative award?
In 2024, Mckinley Educational Initiative awarded 7 grants totaling $991K — an average of about $142K per grant, based on its IRS Form 990 filings.
How much is Mckinley Educational Initiative required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mckinley Educational Initiative reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mckinley Educational Initiative's EIN?
Mckinley Educational Initiative's EIN (Employer Identification Number) is 82-3688020. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mckinley Educational Initiative'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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