The Harrah-McDonald Foundation Co Kimbe

Private foundation · Grantmaker Virginia Beach, VA EIN: 92-2426679

The Harrah-McDonald Foundation Co Kimbe is a private foundation, based in Virginia Beach, VA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 6 grants totaling $58K. Net investment income was $65K.

Key facts about The Harrah-McDonald Foundation Co Kimbe

In short: The Harrah-McDonald Foundation Co Kimbe gave $58K across 6 grants in 2024 (avg $10K), mostly in Tennessee. Source: 2024 IRS Form 990-PF.

EIN
92-2426679
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$57,500
Grants made (2024)
6
Average grant
$9,583
Median grant
$7,500
Total assets
$1,013,984
Primary geography
Tennessee (70% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

+0.7% YoY

Annual Giving

$58K

Grant Count

6

Avg Grant Size

$10K

Under IRS private-foundation payout rules, The Harrah-McDonald Foundation Co Kimbe reported a distributable amount of $53K for 2024 — the minimum it must pay out in qualifying distributions.

How The Harrah-McDonald Foundation Co Kimbe gives

  • In 2024 it paid out 111% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 6 itemized grants.

Cities

MemphisChesapeakeIvanhoeWytheville

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2023 6 grants2024

In 2024 it made 6 grants totaling $58K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

St Jude Children's Research Hospital: $25KSt Jude Children's ResearchHospital$25KOpen Door Community: $10KOpen Door Community$10KResearch Hospital Anchor of Hope: $10KResearch Hospital Anchor ofHope$10KYesusa Transformational Cities: $5KYesusa Transformational Cities$5KResearch Hospital PDCC: $5KResearch Hospital PDCC$5KIvanhoe Fire Department: $3KIvanhoe Fire Department$3K

The largest 2024 recipient was St Jude Children's Research Hospital ($25K). Together the top 6 received $58K.

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 6 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
St Jude Children's Research Hospital Memphis, TNTo Support Organization's Stated Mission.$25,000
Open Door Community Wytheville, VATo Support Organization's Stated Mission.$10,000
Research Hospital Anchor of Hope Memphis, TNTo Support Organization's Stated Mission.$10,000
Yesusa Transformational Cities Chesapeake, VATo Support Organization's Stated Mission.$5,000
Research Hospital PDCC Memphis, TNTo Support Organization's Stated Mission.$5,000
Ivanhoe Fire Department Ivanhoe, VATo Support Organization's Stated Mission.$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2023 2024
Metric20242023
Total Assets$1,013,984$1,007,434
Revenue$80,943$1,013,911
Expenses$74,393$6,477
Qualifying Distributions$58,807—
Net Investment Income$65,357$8,838
Distributable Amount$52,748$22,042

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2023–2024

Leadership & Key People

Officers and directors from IRS filings

The Harrah-McDonald Foundation Co Kimbe's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Kimberly Harrah McDonald

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Travis McDonald

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Harrah-McDonald Foundation Co Kimbe

How much does The Harrah-McDonald Foundation Co Kimbe give each year?

The Harrah-McDonald Foundation Co Kimbe gave $58K across 6 grants in 2024, according to its 2024 IRS Form 990-PF.

What is The Harrah-McDonald Foundation Co Kimbe's typical grant size?

The Harrah-McDonald Foundation Co Kimbe's median grant in 2024 was $7,500, and its average grant was $9,583, across 6 grants on its 2024 IRS Form 990-PF.

Where does The Harrah-McDonald Foundation Co Kimbe give grants?

The Harrah-McDonald Foundation Co Kimbe gives mostly in Tennessee: 70% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Virginia (30%). The most frequent recipient cities were Memphis, TN (3 grants).

Does The Harrah-McDonald Foundation Co Kimbe give general operating support?

Not in 2024: none of the 6 grants with a stated purpose on The Harrah-McDonald Foundation Co Kimbe's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Support Organization's Stated Mission." (6 grants).

Who are The Harrah-McDonald Foundation Co Kimbe's largest grantees?

The Harrah-McDonald Foundation Co Kimbe's largest 2024 grantees include St Jude Children's Research Hospital ($25,000), Open Door Community ($10,000) and Research Hospital Anchor of Hope ($10,000), according to its 2024 IRS Form 990-PF. Together they received 78% of its itemized 2024 grant dollars.

How large is The Harrah-McDonald Foundation Co Kimbe?

The Harrah-McDonald Foundation Co Kimbe reported $1.0M in total assets on its 2024 IRS Form 990-PF. It paid out $59K in qualifying distributions that year, against a required minimum of $53K (roughly 5% of its investment assets).

What is The Harrah-McDonald Foundation Co Kimbe's EIN?

The Harrah-McDonald Foundation Co Kimbe's EIN (Employer Identification Number) is 92-2426679. IRS Form 990 filing data is available on this page for 2023–2024.

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

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