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Robert & Janice McNair Educational

Foundation · Grantmaker Forest City, NC EIN: 58-1870080 Website

EDUCATIONAL ASSISTANCE TO RUTHERFORD COUNTY, NC STUDENTS.

Key facts about Robert & Janice McNair Educational

EIN
58-1870080
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$71,177
Grants made (2024)
1
Average grant
$71,177
Median grant
$71,177
Total assets
$40,125,821
Primary geography
North Carolina (100% of itemized 2024 grant dollars)
Next open deadline
April 30, 2027 (Charles Z. Flack Jr. Community Leadership Award)

Data from IRS Form 990-PF, 2024; updated September 2026.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$40.1M

+6.9% YoY

Annual Giving

$71K

-48.0% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$71K

+4.0% YoY

About Robert & Janice McNair Educational

Based on IRS filings

Robert & Janice McNair Educational is a nonprofit organization, based in Forest City, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $40.1M in total assets. In 2024, it awarded 1 grant totaling $71K. Net investment income was $814K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

Cities

Forest City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$7M$13M$20M$26M20202021202220232024
Metric202420232022
Total Assets$40,125,821$37,548,851$35,971,359
Revenue$2,468,249$2,099,644$925,489
Expenses$3,222,659$3,068,345$2,671,800
Qualifying Distributions———
Net Investment Income$813,849$546,140$-1,106,597
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$34K$69K$103K$138K0 grants20200 grants20213 grants20222 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Rutherford Co School District: $71KRutherford Co School District$71K

Grant Size Distribution

6 grants across all recorded years

2<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

4 open opportunities from Robert & Janice McNair Educational

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Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Rutherford Co School District ($71,177).

RecipientPurposeAmount
RUTHERFORD CO SCHOOL DISTRICT Forest City, NCJUMPSTART PROGRAM$71,177

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Monica Lee — Executive Di: $133KMonica LeeExecutive Di$133K

From 2024 IRS filing

NameTitleHoursCompensation
John CondreyChairman1—
Beth MillerVice Chair1—
Terry HinesTreasurer1—
Mike GavinSecretary1—
David SuttonBoard Member1—
Meghan BlantonBoard Member1—
Janice McNairBoard Member1—
Kristi CooperBoard Member1—
Tripp FlackTreasurer TH1—
Monica LeeExecutive Di40$132,544

Frequently Asked Questions

How large is Robert & Janice McNair Educational?

As of 2024, Robert & Janice McNair Educational holds $40.1M in total assets with $2.5M in annual revenue. It awarded 1 grant totaling $71K in 2024.

Where does Robert & Janice McNair Educational operate?

Robert & Janice McNair Educational has awarded grants in North Carolina.

What size grants does Robert & Janice McNair Educational award?

In 2024, Robert & Janice McNair Educational awarded 1 grant totaling $71K — an average of about $71K per grant, based on its IRS Form 990 filings.

What is Robert & Janice McNair Educational's EIN?

Robert & Janice McNair Educational's EIN (Employer Identification Number) is 58-1870080. IRS Form 990 filing data is available on this page for 2020–2024.

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

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