The Mcleroy Foundation

BRENTWOOD, TN EIN: 62-1763305

The Mcleroy Foundation is a private foundation focused on Human Services, based in BRENTWOOD, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $47K in total assets. In 2024, it awarded 23 grants totaling $248K. Net investment income was $175K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$47K

-68.9% YoY

Annual Giving

$248K

+291.4% YoY

Grant Count

+155.6% YoY

Avg Grant Size

$11K

+53.2% YoY

Under IRS private-foundation payout rules, The Mcleroy Foundation reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.

About The Mcleroy Foundation

Based on IRS filings

Focus Areas

Human Services

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Tennessee $448K (98%)

North Carolina $10K (2%)

Florida $500 (0%)

States

Florida North Carolina Tennessee

Cities

BooneBrentwoodElizabethtonFranklinMt JulietNashvilleTampa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$46,636	$149,883	$182,403
Revenue	$182,170	$60,811	$43,595
Expenses	$284,941	$93,323	$81,202
Qualifying Distributions	$276,582	$86,364	$75,024
Net Investment Income	$175,242	$54,301	$38,066
Distributable Amount	$7,562	$17,496	$22,703

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

56 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Tn Alliance for Kids ($74,750), Crossroads Campus ($35,500), Monroe Hardingrsi ($30,500).

Recipient	Purpose	Amount
AGAPE NASHVILLE, TN	FOSTER CARE PROGRAM	$8,600
CASA NASHVILLE, TN	PROGRAM SUPPORT	$7,500
CROSSROADS CAMPUS NASHVILLE, TN	PROGRAM SUPPORT	$35,500
FIRST STEPS NASHVILLE, TN	INSTRUCTIONAL SUPPLIES	$10,500
MONROE HARDINGRSI NASHVILLE, TN	GED INCENTIVE GRANTS FOR 16 STUDENTS	$30,500
STRONGER THAN MY FATHER NASHVILLE, TN	PROGRAM SUPPORT	$15,000
TUCKER'S HOUSE FRANKLIN, TN	PROGRAM SUPPORT	$15,500
YOUTH ENCOURAGEMENT SERVICE NASHVILLE, TN	PROGRAM SUPPORT	$500
YOUTH VILLAGES NASHVILLE, TN	PROGRAM SUPPORT	$2,000
JONATHAN'S PATH FRANKLIN, TN	PROGRAM SUPPORT	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PHYLLIS MCLEROY	PRESIDENT	6	$16,563
HARRIET WHITE	TREASURER	1	$1,000
TRENT GREEN	BOARD MEMBER	1	$600
VANAIL GLIMPS	BOARD MEMBER	1	$1,000

Subject Areas

Focus areas based on grantmaking activity

Human Services

Frequently Asked Questions

What is The Mcleroy Foundation?

The Mcleroy Foundation is a private foundation focused on Human Services, based in BRENTWOOD, TN. It holds $47K in total assets as of 2024.

How large is The Mcleroy Foundation?

As of 2024, The Mcleroy Foundation holds $47K in total assets with $182K in annual revenue. It awarded 23 grants totaling $248K in 2024.

Where does The Mcleroy Foundation operate?

The Mcleroy Foundation has awarded grants in Florida, North Carolina, Tennessee.

What size grants does The Mcleroy Foundation award?

In 2024, The Mcleroy Foundation awarded 23 grants totaling $248K — an average of about $11K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mcleroy Foundation reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.