The McGlothlin Foundation
The McGlothlin Foundation is a private, tax-exempt 501(c)(3) philanthropic organization based in Bristol, Virginia. Established in August 1998 by Woodrow W. McGlothlin (1914–2005), the foundation directs its resources toward worthy causes in higher education, healthcare, and the arts. The foundation traces its roots to the McGlothlin family's modest beginnings in the mountains of Southwest Virginia, where the family later built wealth through involvement in oil, gas, real estate, and financial services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$17.1M
+4.4% YoY
Annual Giving
$795K
-0.5% YoY
Grant Count
15
-11.8% YoY
Avg Grant Size
$53K
+12.7% YoY
Under IRS private-foundation payout rules, The McGlothlin Foundation reported a distributable amount of $975K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Mission Statement: The McGlothlin Foundation offers its assistance to those who wish to maintain the beauty of their surroundings, improve the health of all peoples, and prepare mankind to live in a more civil and peaceful environment through aid to higher education, healthcare, and the arts.
Primary Focus Areas:
Education The foundation's higher education focus gives primary concern to proposals for private institutions, though some consideration is given to state-supported colleges and universities. Grants include support for brick and mortar projects as well as programmatic needs.
Healthcare The foundation has an interest in providing grants to support hospitals and healthcare foundations with capital projects.
The Arts The foundation provides grants for theatres and museums for capital projects.
The foundation's primary interest centers on infrastructure and brick and mortar projects; however, attention is also given to programmatic proposals.
Grantmaking
Organizations are encouraged to apply after prior awards have concluded. The foundation does not fund individuals or political activities. Proposals should be submitted to tax-exempt nonprofits.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation's geographic area of interest encompasses:
- Southwest Virginia
- Eastern Kentucky
- Northeast Tennessee
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $16,344,297
- Total Revenue: $727,609
- Total Expenses: $1,062,899
- Total Liabilities: $3,900
- Investment Income and Dividends: $408,476
As of 2024:
- Total Assets: $17,055,594
- Total Giving: $794,905
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $17,055,594 | $16,344,297 | $16,635,018 |
| Revenue | $1,748,939 | $727,609 | $483,568 |
| Expenses | $1,041,981 | $1,062,899 | $1,275,754 |
| Qualifying Distributions | $896,948 | $903,014 | $1,022,527 |
| Net Investment Income | $1,617,844 | $581,071 | $258,362 |
| Distributable Amount | $975,212 | $897,162 | $918,398 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
78 grants across all recorded years
Open Grants
1 open opportunity from The McGlothlin Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Mountain Mission School ($165,000), Appalachian College of Pharmacy ($150,000), Emory Henry College ($142,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Appalachian College of Pharmacy Oakwood, VA | Assist with town renovations | $150,000 |
| Boys Girls Club of Central Appala Grundy, VA | Support Workforce Devel with STEAM programs | $50,000 |
| Bristol Community Prayer Breakfast Bristol, TN | Assist with annual cost | $2,500 |
| Bristol Humane Society Bristol, VA | Assist with new expansion project | $5,000 |
| Buchanan County VA Historical Soci Vansant, VA | Assist with renovation of Red Jacket Co Store | $15,000 |
| East TN State University Johnson City, TN | Scholarships | $9,905 |
| Emory Henry College Emory, VA | Replace auditorium sound board & light fixtures | $142,000 |
| Garden United Methodist Church Mavisdale, VA | General purpose of organization | $500 |
| King University Bristol, TN | General purpose of organization | $5,000 |
| Mountain Mission School Grundy, VA | Endowment Fund | $165,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Thomas D. McGlothlin – President
- Michael G. McGlothlin – Secretary
- James W. McGlothlin – Treasurer
The foundation operates with one employee.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Thomas D McGlothlin | President | 35 | $89,400 |
| Michael G McGlothlin | Secretary | 1 | — |
| James W McGlothlin | Treasurer | 1 | — |
Contact Information
The McGlothlin Foundation 1005 Glenway Avenue Bristol, VA 24201 Phone: 276-645-5370 Website: www.themcglothlinfoundation.com
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The McGlothlin Foundation fund?
**Mission Statement:** The McGlothlin Foundation offers its assistance to those who wish to maintain the beauty of their surroundings, improve the health of all peoples, and prepare mankind to live in a more civil and peaceful environment through aid to higher education, healthcare, and the arts. **Primary Focus Areas:** **Education** The foundation's higher education focus gives primary concern to proposals for private institutions, though some consideration is given to state-supported college…
How do I apply for a grant from The McGlothlin Foundation?
**Grant Characteristics:** • Typical award range: $500–$180,000 • Recent grants have ranged from $33,000 to $175,000 • The foundation made 12 grants in 2023, with total giving of $794,905 • 17 grants were awarded in 2024 **Recent Grants (2023):** • Mountain Mission School (MMS): $175,000 for Endowment Fund • Symphony of the Mountains: $40,000 for Concert Series Support • Sunset Holler: $33,000 for New Amphitheater **Application Process:** Organizations are encouraged to apply after prior awards…
Where does The McGlothlin Foundation make grants?
The foundation's geographic area of interest encompasses: • Southwest Virginia • Eastern Kentucky • Northeast Tennessee
What size grants does The McGlothlin Foundation award?
In 2024, The McGlothlin Foundation awarded 15 grants totaling $795K — an average of about $53K per grant, based on its IRS Form 990 filings.
How much is The McGlothlin Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The McGlothlin Foundation reported a distributable amount of $975K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The McGlothlin Foundation's EIN?
The McGlothlin Foundation's EIN (Employer Identification Number) is 54-1907305. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The McGlothlin Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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