Mcneely Foundation Inc

TOCCOA, GA EIN: 58-6032600

Mcneely Foundation Inc is a private foundation, based in TOCCOA, GA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 41 grants totaling $34K. Net investment income was $161K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+10.9% YoY

Annual Giving

$34K

-25.1% YoY

Grant Count

41

-4.7% YoY

Avg Grant Size

$831.707

-21.4% YoY

Under IRS private-foundation payout rules, Mcneely Foundation Inc reported a distributable amount of $56K for 2024 — the minimum it must pay out in qualifying distributions.

About Mcneely Foundation Inc

Based on IRS filings

Mcneely Foundation Inc is a private foundation, based in TOCCOA, GA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 41 grants totaling $34K. Net investment income was $161K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AthensAtlantaBlack MountainBlairsvilleBuies CreekClarkesvilleClaytonClevelandCorneliaDemorestGainesvilleGreensboroHomerJeffersonLakemontNew LondonNorth GrosvenordalePendergrassPomfretSharon

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2021202220232024
Metric202420232022
Total Assets$1,073,939$968,041$1,012,229
Revenue$181,660$40,329$-20,602
Expenses$76,262$84,517$87,220
Qualifying Distributions$51,296$62,531$66,794
Net Investment Income$161,114$18,443$303
Distributable Amount$56,126$58,254

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$25K$38K$50K49 grants202147 grants202243 grants202341 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UGA FOUNDATION FUND$6KSALVATION ARMY$3KTOCCOA-STEPHENS COUNTY L…$3KFRIENDS OF UNION FIRE DEPT$3KCHILDREN'S HEALTHCARE OF…$2KNORTH GA TECHNICAL COLLEGE$2KUGA FOUNDATION BOTANICAL…$2KFIRST METHODIST CHURCH O…$1KFIRST METHODIST CHURCH O…$1KLAKEMONT-WILEY FIRE DEPT$1K

Grant Size Distribution

180 grants across all recorded years

180<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Uga Foundation Fund ($5,700), Salvation Army ($3,000), Toccoa-stephens County Library ($3,000).

RecipientPurposeAmount
AMERICAN CANCER SOCIETY ATLANTA, GAGENERAL FUND$100
CHILDREN'S HEALTHCARE OF ATLANTA ATLANTA, GAGENERAL FUND$2,000
CONGREGATIONAL CHURCH OF UNION UNION, CTGENERAL FUND$250
CURRAHEE ARTISTS GUILD TOCCOA, GAGENERAL FUND$850
PANTHER CREEK VOLUNTEER FIRE DEPT CLARKESVILLE, GAGENERAL FUND$300
DFACS HOMER, GAGENERAL FUND$200
FRIENDS OF TRAVELERS REST HISTORIC TOCCOA, GAGENERAL FUND$100
FIRST METHODIST CHURCH OF CLAYTON CLAYTON, GAGENERAL FUND$1,000
FIRST METHODIST CHURCH OF TOCCOA TOCCOA, GAGENERAL FUND$1,200
UGA FOUNDATION FUND ATHENS, GAGENERAL FUND$5,700

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MARILYN MCNEELYPresident$9KALLEN HERRONTreasurer$6KALLAN RAMSAYSecretary$5KELLEN MCNEELYMEMBER$4KFRANCES MCNEELY HART…MEMBER$4K

From 2024 filing

NameTitleHoursCompensation
MARILYN MCNEELYPresident20$9,433
ALLAN RAMSAYSecretary1$5,400
ALLEN HERRONTreasurer3$6,448
ELLEN MCNEELYMEMBER$3,900
FRANCES MCNEELY HARTLEYMEMBER$3,600

Frequently Asked Questions

How large is Mcneely Foundation Inc?

As of 2024, Mcneely Foundation Inc holds $1.1M in total assets with $182K in annual revenue. It awarded 41 grants totaling $34K in 2024.

Where does Mcneely Foundation Inc operate?

Mcneely Foundation Inc has awarded grants in Connecticut, Georgia, North Carolina.

What size grants does Mcneely Foundation Inc award?

In 2024, Mcneely Foundation Inc awarded 41 grants totaling $34K — an average of about $831.707 per grant, based on its IRS Form 990 filings.

How much is Mcneely Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mcneely Foundation Inc reported a distributable amount of $56K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mcneely Foundation Inc's EIN?

Mcneely Foundation Inc's EIN (Employer Identification Number) is 58-6032600. IRS Form 990 filing data is available on this page for 2021–2024.

Explore Open Grants

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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