Mcmains Foundation
Mcmains Foundation is a private foundation, based in BATON ROUGE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 1 grants totaling $197K. Net investment income was $251K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+2.8% YoY
Annual Giving
$197K
+9.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$197K
+9.4% YoY
Under IRS private-foundation payout rules, Mcmains Foundation reported a distributable amount of $197K for 2024 — the minimum it must pay out in qualifying distributions.
About Mcmains Foundation
Based on IRS filings
Mcmains Foundation is a private foundation, based in BATON ROUGE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 1 grants totaling $197K. Net investment income was $251K.
Ready to take the next step with Mcmains Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,146,205 | $3,061,856 | $3,146,639 |
| Revenue | $284,725 | $97,800 | $110,037 |
| Expenses | $200,376 | $182,583 | $239,944 |
| Qualifying Distributions | $197,000 | $180,000 | $235,000 |
| Net Investment Income | $250,881 | $115,236 | $55,947 |
| Distributable Amount | $197,379 | $178,408 | $183,338 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Baton Rouge Area Foundation ($197,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BATON ROUGE AREA FOUNDATION Baton Rouge, LA | GENERAL SUPPORT | $197,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANCIS C MCMAINS JR | PRESIDENT | — | — |
| JULIUS G MCMAINS | SECRETARYTREASURER | — | — |
| ROBERT T MCMAINS | TRUSTEE | — | — |
| ANDREW T MCMAINS | TRUSTEE | — | — |
Frequently Asked Questions
How large is Mcmains Foundation?
As of 2024, Mcmains Foundation holds $3.1M in total assets with $285K in annual revenue. It awarded 1 grants totaling $197K in 2024.
Where does Mcmains Foundation operate?
Mcmains Foundation has awarded grants in Louisiana.
What size grants does Mcmains Foundation award?
In 2024, Mcmains Foundation awarded 1 grants totaling $197K — an average of about $197K per grant, based on its IRS Form 990 filings.
How much is Mcmains Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mcmains Foundation reported a distributable amount of $197K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mcmains Foundation's EIN?
Mcmains Foundation's EIN (Employer Identification Number) is 72-1158783. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mcmains Foundation'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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