The McFee Foundation Inc
The McFee Foundation Inc is a private foundation, based in Waxhaw, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $84K in total assets. In 2024, it awarded 1 grant totaling $30K.
The McFee Foundation Inc at a glance
In short: The McFee Foundation Inc gave $30K across 1 grant in 2024 (avg $30K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $30,000
- -3.8% vs 2023
- Grants made (2024)
- 1
- -66.7% vs 2023
- Average grant
- $30,000
- +188.5% vs 2023
- Median grant
- $30,000
- Total assets
- $83,985
- -26.8% vs 2023
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The McFee Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Charlotte Catholic High School ($30K).
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 16 grants of 16 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How The McFee Foundation Inc gives
- Giving held roughly steady from 2021 to 2024 (−2%). Method
- In 2024 it paid out 656% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $30K (2024) to $33K (2020). In 2024 it made 1 grant totaling $30K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Charlotte Catholic High School Charlotte, NC | Capital Campaign | $30,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|
| 2024 | $83,985 | $30,757 | $30,000 | 1 | $30,000 | $4,575 |
| 2023 | $114,742 | $32,510 | $31,200 | 3 | $31,200 | $5,979 |
| 2022 | $147,252 | $30,750 | $30,750 | 3 | $30,750 | $7,444 |
| 2021 | $178,002 | $32,384 | $30,625 | 3 | $30,625 | $9,089 |
| 2020 | $210,386 | $32,500 | $32,500 | 6 | — | $10,629 |
Under IRS private-foundation payout rules, The McFee Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The McFee Foundation Inc is led by Matthew C. McFee, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Matthew C. McFee
President
On filings since 2020
No compensation reported
Jacqueline McFee
Secretary
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 McFee Foundation Inc
How much does The McFee Foundation Inc give each year?
The McFee Foundation Inc gave $30K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $31K across 3 grants.
How large is The McFee Foundation Inc?
The McFee Foundation Inc reported $84K in total assets on its 2024 IRS Form 990-PF. It paid out $30K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
Where does The McFee Foundation Inc operate?
The McFee Foundation Inc has awarded grants in North Carolina, New York, Pennsylvania, South Carolina, Tennessee, Texas.
What is The McFee Foundation Inc's EIN?
The McFee Foundation Inc's EIN (Employer Identification Number) is 20-5081520. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Browse active grant opportunities in The McFee Foundation Inc's focus areas in our free grants database
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