The McGowan Family Foundation is a private foundation based in McAlester, Oklahoma. Established in 2002, the foundation operates as a 501(c)(3) organization with a focus on supporting general purpose, religious, charitable, and educational initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
-10.0% YoY
Annual Giving
$231K
-70.1% YoY
Grant Count
13
+18.2% YoY
Avg Grant Size
$18K
-74.7% YoY
Mission & Focus Areas
The foundation supports a broad range of charitable purposes, with primary focus areas including:
- Education (particularly elementary and secondary education)
- Religion and religious organizations
- Philanthropy and nonprofit support
- Human services
- General charitable and educational organizations
Grantmaking
Grant Range
Typical awards span from $500 to $679,852
Average Grant
Approximately $328
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Geographic Focus
Where this funder awards grants
The foundation operates primarily in the following states:
- Oklahoma
- Arkansas
- Missouri
- New Mexico
Specific cities where the foundation has funded projects include: Abiquiu, Ada, Claremore, Duncan, Kiowa, Krebs, Little Rock, McAlester, Oklahoma City, Tulsa, and Unity Village.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total assets: $1,832,018
- Total revenues: $51,751
- Total expenses: $255,767
- Investment income and dividends: $58,542
- Number of employees: 0
Address: PO Box 1427, McAlester, OK 74502-1427
Tax Information:
- EIN: 73-1624393
- IRS ruling year: 2002
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,832,018 | $2,036,034 | $2,205,173 |
| Revenue | $51,751 | $618,826 | $445,059 |
| Expenses | $255,767 | $787,965 | $597,473 |
| Qualifying Distributions | $232,415 | $773,872 | $576,100 |
| Net Investment Income | $48,468 | $604,733 | $31,067 |
| Distributable Amount | $99,604 | $104,016 | $141,735 |
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
91 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's leadership includes:
- Michael N. McGowan, President
- Matthew McGowan, Vice-President
- Michelle McGowan Tompkins, Secretary
All leadership members serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL N MCGOWAN | PRESIDENT/TR | 0.5 | — |
| MATTHEW MCGOWAN | VICE-PRESIDE | 0.25 | — |
| MICHELLE MCGOWAN TOMPKINS | SECRETARY | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Little Oklahoma Non-profit Boat Ramp Corporation
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—
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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