The Mcfee Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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 grants totaling $30K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$84K
-26.8% YoY
Annual Giving
$30K
-3.8% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$30K
+188.5% YoY
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.
About The Mcfee Foundation Inc
Based on IRS filings
The Mcfee Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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 grants totaling $30K.
Focus Areas
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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 | $83,985 | $114,742 | $147,252 |
| Revenue | — | — | — |
| Expenses | $30,757 | $32,510 | $30,750 |
| Qualifying Distributions | $30,000 | $31,200 | $30,750 |
| Net Investment Income | — | — | — |
| Distributable Amount | $4,575 | $5,979 | $7,444 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Charlotte Catholic High School ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHARLOTTE CATHOLIC HIGH SCHOOL CHARLOTTE, NC | CAPITAL CAMPAIGN | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MATTHEW C MCFEE | PRESIDENT | — | — |
| JACQUELINE MCFEE | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Mcfee Foundation Inc?
The Mcfee Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAXHAW, NC. It holds $84K in total assets as of 2024.
How large is The Mcfee Foundation Inc?
As of 2024, The Mcfee Foundation Inc holds $84K in total assets. It awarded 1 grants totaling $30K in 2024.
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 size grants does The Mcfee Foundation Inc award?
In 2024, The Mcfee Foundation Inc awarded 1 grants totaling $30K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is The Mcfee Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mcfee Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in The Mcfee Foundation Inc'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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