McMahon-Parater Scholarship Foundation
To provide financial assistance to the catholic schools within the geographical confines of the roman catholic diocese of richmond.
Key facts about McMahon-Parater Scholarship Foundation
- EIN
- 26-1830477
- Latest 990 filing
- Form 990 filing, 2025
- Total assets
- $5,151,301
Data from IRS Form 990 filing, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 filing · View filing
Total Assets
$5.2M
-17.5% YoY
Revenue
$5.8M
-4.9% YoY
Net Investment Income
$269K
-23.2% YoY
Expenses
$6.6M
-36.7% YoY
About McMahon-Parater Scholarship Foundation
Based on IRS filings
McMahon-Parater Scholarship Foundation is a nonprofit organization focused on Religion Related, based in Richmond, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $5.2M in total assets. Net investment income was $269K.
Focus Areas
Open Grants
1 open opportunity from McMahon-Parater Scholarship Foundation
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,151,301 | $6,240,539 | $10,612,071 |
| Revenue | $5,773,290 | $6,073,594 | $15,894,920 |
| Expenses | $6,629,652 | $10,475,116 | $11,000,815 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $269,157 | $350,654 | $176,152 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
McMahon-Parater Scholarship Foundation is led by Margaret Keightley, Executive Director on every filing since 2020; none of the 14 officers listed in 2025 report compensation.
Officers on the 2025 filing
Margaret Keightley
Executive Director
On filings since 2020
5 hrs/week
No compensation reported
Michael Riley
President
On filings since 2024
5 hrs/week
No compensation reported
Bruce C. Holbrook
Chairman
On filings since 2020
5 hrs/week
No compensation reported
Edward T. Blair
Board Member
Director → Board Member, 2025
On filings since 2020
2 hrs/week
No compensation reported
Kathleen B. Barrett
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Michael McGeee
Cheif Financial Officer
Chief Financial Officer → Cheif Financial Officer, 2025
On filings since 2020
5 hrs/week
No compensation reported
Robert E. Martinez
Board Member
Director → Board Member, 2025
On filings since 2020
2 hrs/week
No compensation reported
Stephanie F. Stumpf
Board Member
Director → Board Member, 2025
On filings since 2020
2 hrs/week
No compensation reported
Stephen Reardon
Board Member
Director → Board Member, 2025
On filings since 2020
2 hrs/week
No compensation reported
Walter J. Malone
Board Member
Director → Board Member, 2025
On filings since 2020
2 hrs/week
No compensation reported
J. Stephen Lindsey
Board Member
Director → Board Member, 2025
On filings since 2024
2 hrs/week
No compensation reported
Jennifer Bigelow
Former President
On filings since 2024
5 hrs/week
No compensation reported
Thomas Strassburg
Board Member
Director → Board Member, 2025
On filings since 2024
2 hrs/week
No compensation reported
Bishop Knestout
Sole Member
New on the 2025 filing
2 hrs/week
No compensation reported
Former officers (5)
- Former: Barry C. Knestout (2020–2024) — Sole Member
- Former: Kelly Lazzara (2020–2024) — Former President
- Former: Geline B. Williams (2020–2023) — Director
- Former: Tom Strassburg (2020–2023) — Director
- Former: Virginia Marchetti (2021–2023) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about McMahon-Parater Scholarship Foundation
How large is McMahon-Parater Scholarship Foundation?
McMahon-Parater Scholarship Foundation reported $5.2M in total assets on its 2025 IRS Form 990 filing. Its revenue that year was $5.8M.
What is McMahon-Parater Scholarship Foundation?
McMahon-Parater Scholarship Foundation is a nonprofit organization focused on Religion Related, based in Richmond, VA. It holds $5.2M in total assets as of 2025.
Where does McMahon-Parater Scholarship Foundation operate?
McMahon-Parater Scholarship Foundation has awarded grants in Virginia.
What is McMahon-Parater Scholarship Foundation's EIN?
McMahon-Parater Scholarship Foundation's EIN (Employer Identification Number) is 26-1830477. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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McMahon-Parater Scholarship Foundation down — hundreds of funders to go?