McMahon-Parater Scholarship Foundation logo

McMahon-Parater Scholarship Foundation

Foundation · Grantmaker Richmond, VA EIN: 26-1830477 Website

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

Your AI grants department

Ready to take the next step with McMahon-Parater Scholarship Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Richmond

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K1 grants20201 grants20210 grants20220 grants20230 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

1 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$20M202020212022202320242025
Metric202520242023
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

  1. 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.

Your AI grants department

Here's the math on researching McMahon-Parater Scholarship Foundation by hand.

Explore Open Grants

Browse active grant opportunities in McMahon-Parater Scholarship Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

4G Foundation (Fka Nordley-Gottwald Fndn

Richmond, VA

4G Foundation funds a range of charitable organizations, with 2025 grants concentrated in Virginia and additional support in Massachusetts, New York, Tennessee, and other states. Its grants ranged from $5,000 to $250,000, with a median of $25,000. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$26.0M

Grants

27

Total Given

$1.0M

The Charles M Caravati Foundation

Manakinsabot, VA

The Charles M Caravati Foundation supports a range of charitable organizations, including schools and organizations serving children and families; in 2025, grants ranged from $100 to $5,000, with a median of $500. Most funding went to Virginia organizations, with some grants in other states. It accepts requests by letter to Charles Caravati III; no deadline is listed.

Assets

$1.4M

Grants

80

Total Given

$68K

Genworth Foundation

Glen Allen, VA

The Genworth Foundation funds nonprofits focused on healthy aging and caregiver support, affordable housing and homelessness, and sustainability and environmental awareness, primarily in communities with Genworth employee bases in Virginia, North Carolina, and Connecticut. In 2024, grants ranged from $500 to $2,538,222, with a median of $2,000. Applications are by invitation only; eligible organizations that have not received funding in the past year may email to be considered for an invitation.

Philanthropy, Voluntarism & Grantmaking

Assets

$12.8M

Grants

33

Total Given

$3.0M

Deloitte Foundation

Stamford, CT

The Deloitte Foundation funds U.S. education, including scholarships, college and workforce readiness, mentoring, and initiatives that support teaching, research, and curriculum development. Its 2025 grants ranged from $10,000 to $9,038,945, with a median of $50,000; it also supports programs in about 30 select U.S. locations. It does not accept unsolicited requests for its local impact grants program.

Philanthropy, Voluntarism & Grantmaking

Assets

$51.4M

Grants

121

Total Given

$32.5M

Windsor Fdn Trust Uw Quincy Cole

Dallas, TX

The foundation provides unrestricted general support to cultural, educational, family-service, and community organizations in the Richmond, Virginia, metropolitan area. Its 2025 grants ranged from $5,000 to $140,000, with a median of $45,000. It does not limit giving to preselected organizations; applications are accepted on April 1 and October 1.

Assets

$11.4M

Grants

14

Total Given

$800K

The Pauley Family Foundation

Richmond, VA

The Pauley Family Foundation supports education, health, human services, affordable housing, and arts and culture, primarily in the Richmond region of Virginia. Its 2024 grants ranged from $10,000 to $449,269, with a median of $50,000. The foundation does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$2.2B

Grants

98

Total Given

$6.5M

The Community Foundation Inc

Richmond, VA

The Community Foundation funds health and wellness, education, economic prosperity, and community vibrancy, as well as other causes through donor-advised and field-of-interest funds. Its 2024 grants had a median of $25,000, with awards ranging from $5,100 to $1.795 million; most funding went to Virginia, especially the Richmond area. The profile does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$852.4M

Grants

917

Total Given

$61.8M

Pga Tour Charities Inc

Ponte Vedra Beach, FL

PGA TOUR Charities funds qualified charitable organizations and people in need, with an emphasis on youth wellbeing, support for military members and families, and other charitable purposes. In 2024, grants ranged from $5,253 to $335,000, with a median of $13,411; most funding went to Virginia and Florida. The profile does not state whether it accepts unsolicited requests.

Youth Development

Assets

$4.5M

Grants

83

Total Given

$2.9M

Wilbur Moreland Havens Charitable

Richmond, VA

The foundation funded education, housing, environmental work, history, and social services, giving mainly to organizations in Virginia, with some support in Maryland. Its 2025 grants ranged from $2,000 to $25,000, with a median of $15,000. It gives only to preselected organizations and does not accept unsolicited funding requests.

Assets

$3.2M

Grants

38

Total Given

$497K

The James and Margaret Carreras

Midlothian, VA

Assets

$343K

Grants

14

Total Given

$201K

Cristo Rey Network

Chicago, IL

Cristo Rey Network funds Cristo Rey schools and programs that advance college-preparatory education, work-study, college support, and other network priorities for students with limited economic means. Its 2025 grants ranged from $10,000 to $305,000, with a median of $70,000, supporting schools across the United States. The profile does not state whether it accepts unsolicited requests.

Assets

$31.2M

Grants

41

Total Given

$3.4M

Reco Foundation

Manakin Sabot, VA

RECO FOUNDATION supports preselected charitable organizations, with recent reported grants going to Virginia recipients, including $4 million for Cristo Rey Richmond High School in 2024. Grant amounts have varied widely, from $500,000 total across 40 grants in 2022 to a single $4 million grant in 2024; it does not accept unsolicited requests.

Assets

$7.6M

Grants

1

Total Given

$4.0M

More Funders in Virginia

McMahon-Parater Scholarship Foundation down — hundreds of funders to go?

Want AI to do this for you?