Reader Mood Mcclary Foundation Inc

CHARLESTON, SC EIN: 20-1486711

Reader Mood Mcclary Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 17 grants totaling $95K. Net investment income was $50K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.8M

+2.4% YoY

Annual Giving

$95K

+5.6% YoY

Grant Count

17

+41.7% YoY

Avg Grant Size

$6K

-25.5% YoY

Under IRS private-foundation payout rules, Reader Mood Mcclary Foundation Inc reported a distributable amount of $90K for 2024 — the minimum it must pay out in qualifying distributions.

About Reader Mood Mcclary Foundation Inc

Based on IRS filings

Reader Mood Mcclary Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 17 grants totaling $95K. Net investment income was $50K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

15states
+7 more states

Cities

AtlantaAuburnBloomingtonBooneCamdenCaryCharlestonColumbiaDestinElizabethtownFalconFrankfortKahuluiLos AngelesLouisvilleMemphisN CharlestonNew YorkNorth CharlestonPineville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$37K$74K$111K$148K20202021202220232024
Metric202420232022
Total Assets$1,801,771$1,759,051$1,782,182
Revenue$62,215$49,023$134,999
Expenses$110,714$106,796$133,771
Qualifying Distributions$95,000$90,000$115,000
Net Investment Income$49,661$41,873$121,303
Distributable Amount$89,684$84,466$94,790

Giving Over Time

Total grant dollars and number of grants per year

$0$29K$58K$86K$115K16 grants202017 grants202113 grants202212 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PET HELPERS$12KHARVEST HOUSE$10KSTAR GOSPEL MISSION$6KBABY QUEST FOUNDATION$5KBIG BROTHERS BIG SISTERS…$5KCLEAR CELL SARCOMA FOUND…$5KFLORENCE CRITTENTON PROG…$5KMY SISTER'S HOUSE$5KOLIVER GOSPEL MISSION$5KSAMARITAN PURSE$5K

Grant Size Distribution

75 grants across all recorded years

75<$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 Pet Helpers ($11,500), Harvest House ($10,000), Star Gospel Mission ($6,000).

RecipientPurposeAmount
BABY QUEST FOUNDATION LOS ANGELES, CAGENERAL SUPPORT$5,000
BIG BROTHERS BIG SISTERS OF RICHMOND RICHMOND, VAGENERAL SUPPORT$5,000
CLEAR CELL SARCOMA FOUNDATION CHARLESTON, SCGENERAL SUPPORT$5,000
FLORENCE CRITTENTON PROGRAMS OF SC CHARLESTON, SCGENERAL SUPPORT$5,000
HARVEST HOUSE DESTIN, FLGENERAL SUPPORT$10,000
MY SISTER'S HOUSE NORTH CHARLESTON, SCGENERAL SUPPORT$5,000
OLIVER GOSPEL MISSION COLUMBIA, SCGENERAL SUPPORT$5,000
PET HELPERS CHARLESTON, SCPET SUPPORT$11,500
SAMARITAN PURSE BOONE, NCHURRICANE RELIEF EFFORTS$5,000
STAR GOSPEL MISSION CHARLESTON, SCGENERAL SUPPORT$6,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DORIS CLARY MCCLARY ROLLINSPRESIDENT & DIRECTOR1
WILLIAM DAVID MCCLARY IVDIRECTOR
CARL READER MCCLARYVICE PRESIDENT & DIRECTOR
LELAND GREGORY ROLLINS IIITREASURER & DIRECTOR
KAREN BOYLSTON ROLLINSDIRECTOR
BLAKE GREGORY ROLLINSSECRETARY & DIRECTOR
KATE MCCLARY COOPERDIRECTOR
LAURA ROLLINS TROTTERDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Reader Mood Mcclary Foundation Inc?

Reader Mood Mcclary Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, SC. It holds $1.8M in total assets as of 2024.

How large is Reader Mood Mcclary Foundation Inc?

As of 2024, Reader Mood Mcclary Foundation Inc holds $1.8M in total assets with $62K in annual revenue. It awarded 17 grants totaling $95K in 2024.

Where does Reader Mood Mcclary Foundation Inc operate?

Reader Mood Mcclary Foundation Inc has awarded grants in Alabama, California, District of Columbia, Florida, Georgia, Hawaii, Indiana, Kentucky, Massachusetts, Maryland, North Carolina, New York, South Carolina, Tennessee, Virginia.

What size grants does Reader Mood Mcclary Foundation Inc award?

In 2024, Reader Mood Mcclary Foundation Inc awarded 17 grants totaling $95K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Reader Mood Mcclary Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Reader Mood Mcclary Foundation Inc reported a distributable amount of $90K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Reader Mood Mcclary Foundation Inc's EIN?

Reader Mood Mcclary Foundation Inc's EIN (Employer Identification Number) is 20-1486711. IRS Form 990 filing data is available on this page for 2020–2024.

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

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