The Mcgowan Family Foundation

MCALESTER, OK EIN: 73-1624393

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

+18.2% YoY

Avg Grant Size

$18K

-74.7% YoY

Under IRS private-foundation payout rules, The Mcgowan Family Foundation reported a distributable amount of $100K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

Oklahoma $2.4M (100%)

Missouri $5K (0%)

Arkansas $3K (0%)

New Mexico $500 (0%)

States

Arkansas Missouri New Mexico Oklahoma

Cities

AbiquiuAdaClaremoreDuncanKiowaKrebsLittle RockMcalesterMcalsterOklahoma CityTulsaUnity Village

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

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Among its reported 2024 grants, the largest include City of Mcalester ($70,520), St Joseph's Church ($45,000), Community of Hope ($33,000).

Recipient	Purpose	Amount
LIFECHURCH MCALESTER, OK	RELIGIOUS	$5,000
ST JOSEPH'S CHURCH KREBS, OK	RELIGIOUS	$45,000
MCALESTER AREA ARTS & HUMANITIES MCALESTER, OK	GENERAL	$10,000
CITY OF MCALESTER MCALESTER, OK	GENERAL	$70,520
MCALESTER PUBLIC SCHOOLS MCALESTER, OK	GENERAL	$12,500
CHEROKEE CLUB MCALESTER, OK	GENERAL	$1,000
RYANS HOUSE CHILD ADVOCACY CENTER MCALESTER, OK	GENERAL	$15,800
WESTMINSTER CHURCH FOUNDATION OKLAHOMA CITY, OK	RELIGIOUS	$10,000
GREATER OKC PANHELLENIC FOUNDATION OKLAHOMA CITY, OK	GENERAL	$2,900
MT TRIUMPH BAPTIST CHURCH OKLAHOMA CITY, OK	RELIGIOUS	$10,000

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

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does The Mcgowan Family Foundation fund?

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

How do I apply for a grant from The Mcgowan Family Foundation?

**Grant Activity & Scale:** • Total giving in the most recent fiscal year: $230,720 • Number of grants made: 22 grants in 2024 • Grant range: Typical awards span from $500 to $679,852 • Average grant size: Approximately $328 **Recent Grants (2024):** • Oklahoma City Louverture Chapter of McAlester Oklahoma: $70,520 • St Joseph Church: $45,000 • McAlester Area Arts and Humanities Council: $10,000

Where does The Mcgowan Family Foundation make 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.

What size grants does The Mcgowan Family Foundation award?

In 2024, The Mcgowan Family Foundation awarded 13 grants totaling $231K — an average of about $18K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mcgowan Family Foundation reported a distributable amount of $100K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.