The McNabb Foundation is a private 501(c)(3) grantmaking foundation based in Wilmington, Delaware. Established in 2018, it operates as a philanthropic organization providing grants to charitable organizations across the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.8M
+12.8% YoY
Annual Giving
$358K
+5.9% YoY
Grant Count
328
+3.1% YoY
Avg Grant Size
$1K
+2.7% YoY
Under IRS private-foundation payout rules, McNabb Foundation reported a distributable amount of $210K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation maintains a preselected grantmaking approach, indicating it only makes contributions to preselected charitable organizations and does not accept unsolicited applications for funds.
Grant Range
$500–$25,000
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Geographic Focus
Where this funder awards grants
The McNabb Foundation has a broad geographic reach, providing funding across 29 states in the United States. Primary funding states include California, New York, and Florida, though the foundation also supports projects in major urban centers like Los Angeles and Chicago, as well as smaller communities.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total Assets: $4,845,073
- Total Revenue: $977,582
- Total Expenses: $427,559
- Net Income: $550,023
- Total Liabilities: $0
Revenue Composition (2024):
- Grants and contributions: $600,000
- Investment income and dividends: $13,970
The foundation has experienced growth, with total grants and contributions increasing 25% from 2023 to 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,845,073 | $4,295,050 | $3,959,502 |
| Revenue | $977,582 | $760,834 | $614,904 |
| Expenses | $427,559 | $427,286 | $462,539 |
| Qualifying Distributions | $424,759 | $408,371 | $442,227 |
| Net Investment Income | $377,582 | $263,619 | $132,098 |
| Distributable Amount | $210,322 | $188,295 | $178,047 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Asian Pacific American Community Center ($5,000), Ambulatory Surgery Access Coalition ($2,000), Building Education ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 18 REASONS SAN FRANCISCO, CA | General & Unrestricted | $1,000 |
| ACCESS BOOKS BAY AREA SAN FRANCISCO, CA | General & Unrestricted | $1,000 |
| ACCION LATINA SAN FRANCISCO, CA | General & Unrestricted | $1,000 |
| ADOPT A FAMILY OF MARIN SAN RAFAEL, CA | General & Unrestricted | $1,000 |
| ALIVE & FREE SAN FRANCISCO, CA | General & Unrestricted | $1,000 |
| AMBULATORY SURGERY ACCESS COALITION SAN FRANCISCO, CA | General & Unrestricted | $2,000 |
| AMERICAN HEART ASSOCIATION INC DALLAS, TX | General & Unrestricted | $1,000 |
| AMERICAN HEART ASSOCIATION INC DALLAS, TX | General & Unrestricted | $1,000 |
| AMERICAN INDIAN CHILD RESOURCE CENTER OAKLAND, CA | General & Unrestricted | $1,000 |
| AMERICAN KIDNEY FUND INC ROCKVILLE, MD | General & Unrestricted | $1,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Ernest J. McNabb serves as Director, President, Secretary, and Treasurer of the foundation, dedicating 10 hours per week without compensation.
The foundation operates with limited staffing, relying on its board and volunteer structure.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ernest J McNabb | Dir, Pres, Sec, Treas | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from McNabb Foundation?
The foundation maintains a preselected grantmaking approach, indicating it only makes contributions to preselected charitable organizations and does not accept unsolicited applications for funds. **Grant Activity:** • Made 328 grants in the most recent fiscal year • Typical grant range: $500–$25,000 • Median grant size: $1,000 • Total grants awarded: $358,000 (2024) **Recent Grantees Include:** • Asian Pacific American Community Center ($5,000) • Pathways For Kids ($4,000) • PWIC Global Impact …
Where does McNabb Foundation make grants?
The McNabb Foundation has a broad geographic reach, providing funding across 29 states in the United States. Primary funding states include California, New York, and Florida, though the foundation also supports projects in major urban centers like Los Angeles and Chicago, as well as smaller communities.
What size grants does McNabb Foundation award?
In 2024, McNabb Foundation awarded 328 grants totaling $358K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is McNabb Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, McNabb Foundation reported a distributable amount of $210K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is McNabb Foundation's EIN?
McNabb Foundation's EIN (Employer Identification Number) is 82-3609769. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in McNabb Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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