Mcwane Foundation
The McWane Foundation is a private foundation based in Birmingham, Alabama. The foundation supports nonprofit organizations that benefit communities where McWane employees live and work, with particular emphasis on the Birmingham area.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$589K
-1.3% YoY
Annual Giving
$434K
-78.8% YoY
Grant Count
25
+38.9% YoY
Avg Grant Size
$17K
-84.8% YoY
Mission & Focus Areas
The McWane Foundation supports programs, initiatives, and organizations that strengthen essential components of community infrastructure. Primary funding areas include:
- Education
- Healthcare
- Environment
- Arts
The foundation demonstrates commitment to science education through its support of the McWane Science Center, a hands-on science exploration center located in Birmingham.
Grantmaking
Grant requests should be sent to the local McWane facility, directed to the attention of the general manager. Contact information: info@mcwane.com
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation prioritizes communities where McWane employees reside and work, with particular emphasis on Birmingham, Alabama.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Based on the most recent IRS Form 990 filing (2023):
- Total Assets: $596,858
- Total Giving: $2,048,500
- Revenue: $2,096,775
- Tax-exempt Status: October 1963
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $588,864 | $596,858 | $550,636 |
| Revenue | $426,775 | $2,096,775 | $2,003,775 |
| Expenses | $434,769 | $2,050,553 | $2,018,838 |
| Qualifying Distributions | $433,500 | $2,048,500 | $2,018,451 |
| Net Investment Income | $41,775 | $41,775 | $41,775 |
| Distributable Amount | $37,689 | $37,405 | $36,567 |
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
137 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 |
|---|---|---|---|
| JOHN MCMAHON | TRUSTEE | 0.5 | — |
| C PHILLIP MCWANE | TRUSTEE | 0.5 | — |
Recent News & Activity
Recent developments and announcements
The McWane Foundation has awarded grants supporting various community initiatives, including a recent $80,000 grant for an outdoor play area project. The foundation continues to support science education programs and partnerships in its service communities.
McWane Foundation awards $80K grant for Osky play areaRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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