Mcphearson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TUSCALOOSA, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $118K in total assets. In 2024, it awarded 3 grants totaling $4K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$118K
+0.1% YoY
Annual Giving
$4K
+66.7% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$1K
+66.7% YoY
About Mcphearson Foundation
Based on IRS filings
Mcphearson Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TUSCALOOSA, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $118K in total assets. In 2024, it awarded 3 grants totaling $4K. Net investment income was $5K.
Focus Areas
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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 | $118,038 | $117,949 | $118,378 |
| Revenue | $5,387 | $3,903 | $607 |
| Expenses | $4,799 | $3,733 | $4,668 |
| Qualifying Distributions | $3,500 | $2,100 | $2,864 |
| Net Investment Income | $5,387 | $3,903 | $4,413 |
| Distributable Amount | $6,411 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VIRGINIA MCPHEARSON | PRESIDENT | — | — |
| J LEE MCPHEARSON | SEC/TREASURE | — | — |
| GRACE M O'GRADY | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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