The Mcgee Foundation

CHARLESTON, WV EIN: 55-0720406

The Mcgee Foundation is a private foundation, based in CHARLESTON, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.3M in total assets. In 2024, it awarded 7 grants totaling $539K. Net investment income was $1.6M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$17.3M

+5.2% YoY

Annual Giving

$539K

-7.3% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$77K

-7.3% YoY

Under IRS private-foundation payout rules, The Mcgee Foundation reported a distributable amount of $986K for 2024 — the minimum it must pay out in qualifying distributions.

About The Mcgee Foundation

Based on IRS filings

The Mcgee Foundation is a private foundation, based in CHARLESTON, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $17.3M in total assets. In 2024, it awarded 7 grants totaling $539K. Net investment income was $1.6M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BluefieldCharlestonClaremontGlenvilleInstituteMorgantownMount GaySilver Spring

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$6M20202021202220232024
Metric202420232022
Total Assets$17,278,435$16,421,363$17,218,477
Revenue$1,777,476$313,927$1,123,169
Expenses$1,062,869$1,239,443$1,109,695
Qualifying Distributions$815,663$941,771$835,196
Net Investment Income$1,591,549$137,741$965,937
Distributable Amount$985,654$930,154$926,693

Giving Over Time

Total grant dollars and number of grants per year

$0$170K$340K$510K$680K6 grants20206 grants20216 grants20227 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

GREATER KANAWHA VALLEY$160KSOUTHERN WV COMMUNITY CO…$100KGLENVILLE STATE UNIVERSITY$100KBLUEFIELD STATE UNIVERSITY$100KWEST VIRGINIA STATE UNIV…$66KKANAWHA VALLEY COUNCIL O…$10KPHILANTHROPY WEST VIRGINIA$3K

Grant Size Distribution

32 grants across all recorded years

8<$50K5$50–100K18$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Greater Kanawha Valley ($160,000), Southern Wv Community College Foundation ($100,000), Glenville State University ($100,000).

RecipientPurposeAmount
GREATER KANAWHA VALLEY CHARLESTON, WVDEVELOPING, IMPROVING, AND RESTORING ECONOMIC VITALITY IN THE WEST SIDE COMMUNITY$160,000
SOUTHERN WV COMMUNITY COLLEGE FOUNDATION MOUNT GAY, WVDIRECT BENEFIT FOR STUDENTS THROUGH NEEDS BASED SCHOLARSHIPS$100,000
GLENVILLE STATE UNIVERSITY GLENVILLE, WVDIRECT BENEFIT FOR STUDENTS THROUGH NEEDS BASED SCHOLARSHIPS$100,000
BLUEFIELD STATE UNIVERSITY BLUEFIELD, WVDIRECT BENEFIT FOR STUDENTS THROUGH NEEDS BASED SCHOLARSHIPS$100,000
WEST VIRGINIA STATE UNIVERSITY FOUNDATION INSTITUTE, WVDIRECT BENEFIT FOR STUDENTS THROUGH NEEDS BASED SCHOLARSHIPS$66,203
KANAWHA VALLEY COUNCIL ON PHILANTHROPY CHARLESTON, WVDEVELOPING, IMPROVING, AND RESTORING ECONOMIC VITALITY IN THE WEST SIDE COMMUNITY$10,000
PHILANTHROPY WEST VIRGINIA MORGANTOWN, WVPROMOTING PHILANTHROPY THROUGHOUT WEST VIRGINIA AND ACROSS THE NATION$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

WILLIAM DEBERNIERE M…CHAIRMAN & PRESIDENT$15KJ MICHAEL HINESSECRETARY$8KJOHN KUYKENDALLDIRECTOR EMERITUS$8KEMORY KINDER WRIGHTDIRECTOR$8KCHRISTOPHER ALEXANDERDIRECTOR$8K

From 2024 filing

NameTitleHoursCompensation
J MICHAEL HINESSECRETARY1$7,500
STEPHEN E KAWASH CPATREASURER10
JOHN KUYKENDALLDIRECTOR EMERITUS1$7,500
WILLIAM DEBERNIERE MEBANE JRCHAIRMAN & PRESIDENT1$15,000
EMORY KINDER WRIGHTDIRECTOR1$7,500
CHRISTOPHER ALEXANDERDIRECTOR1$7,500

Frequently Asked Questions

How large is The Mcgee Foundation?

As of 2024, The Mcgee Foundation holds $17.3M in total assets with $1.8M in annual revenue. It awarded 7 grants totaling $539K in 2024.

Where does The Mcgee Foundation operate?

The Mcgee Foundation has awarded grants in California, Maryland, West Virginia.

What size grants does The Mcgee Foundation award?

In 2024, The Mcgee Foundation awarded 7 grants totaling $539K — an average of about $77K per grant, based on its IRS Form 990 filings.

How much is The Mcgee Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mcgee Foundation reported a distributable amount of $986K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mcgee Foundation's EIN?

The Mcgee Foundation's EIN (Employer Identification Number) is 55-0720406. IRS Form 990 filing data is available on this page for 2020–2024.

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

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