The Mccloy Foundation
The Mccloy Foundation is a private foundation, based in GARDENDALE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 6 grants totaling $48K. Net investment income was $423K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+49.4% YoY
Annual Giving
$48K
+3.4% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$8K
+3.4% YoY
Under IRS private-foundation payout rules, The Mccloy Foundation reported a distributable amount of $54K for 2024 — the minimum it must pay out in qualifying distributions.
About The Mccloy Foundation
Based on IRS filings
The Mccloy Foundation is a private foundation, based in GARDENDALE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 6 grants totaling $48K. Net investment income was $423K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,122,968 | $751,874 | $756,887 |
| Revenue | $434,989 | $55,149 | $34,289 |
| Expenses | $63,895 | $60,162 | $75,881 |
| Qualifying Distributions | $51,100 | $49,459 | $64,173 |
| Net Investment Income | $422,994 | $44,703 | $18,513 |
| Distributable Amount | $53,645 | $53,240 | $56,730 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cooperative Downtown Ministries ($25,000), Abc Food Bank ($6,100), Alabama Baptist Childrens Home ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ABC FOOD BANK ATHOL, ID | GENERAL PURPOSE | $6,100 |
| ALABAMA BAPTIST CHILDRENS HOME BIRMINGHAM, AL | GENERAL PURPOSE | $5,000 |
| CENTRAL BAPTIST CHURCH MT OLIVE, AL | GENERAL PURPOSE | $2,000 |
| COOPERATIVE DOWNTOWN MINISTRIES BIRMINGHAM, AL | GENERAL PURPOSE | $25,000 |
| GARDENDALE FIRST BAPTIST CHURCH GARDENDALE, AL | GENERAL PURPOSE | $5,000 |
| VICIOUS SPORTS ACADEMY GARDENDALE, AL | GENERAL PURPOSE | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL MCCLOY | DIRECTOR | 1 | — |
| JAMIE MCCLOY | DIRECTOR | 1 | — |
| JACOB YAMANE | DIRECTOR | 1 | — |
Frequently Asked Questions
How large is The Mccloy Foundation?
As of 2024, The Mccloy Foundation holds $1.1M in total assets with $435K in annual revenue. It awarded 6 grants totaling $48K in 2024.
Where does The Mccloy Foundation operate?
The Mccloy Foundation has awarded grants in Alabama, California, Colorado, Idaho, Nevada, Oregon, Tennessee, Texas, Washington.
What size grants does The Mccloy Foundation award?
In 2024, The Mccloy Foundation awarded 6 grants totaling $48K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is The Mccloy Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mccloy Foundation reported a distributable amount of $54K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Mccloy Foundation's EIN?
The Mccloy Foundation's EIN (Employer Identification Number) is 81-4729827. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Mccloy Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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