The Waltrip-McGee Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $7.7M in total assets. In 2024, it made $3K in qualifying distributions. Net investment income was $181K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.7M
+2.4% YoY
Revenue
$183K
+10.6% YoY
Qualifying Distributions
$3K
-94.2% YoY
Expenses
$5K
-88.4% YoY
Under IRS private-foundation payout rules, The Waltrip-McGee Foundation reported a distributable amount of $533K for 2024 — the minimum it must pay out in qualifying distributions.
About The Waltrip-McGee Foundation
Based on IRS filings
The Waltrip-McGee Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $7.7M in total assets. In 2024, it made $3K in qualifying distributions. Net investment income was $181K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,650,757 | $7,472,856 | $7,353,485 |
| Revenue | $183,304 | $165,771 | $146,643 |
| Expenses | $5,403 | $46,400 | $338,783 |
| Qualifying Distributions | $2,701 | $46,400 | $333,946 |
| Net Investment Income | $180,602 | $165,771 | $142,696 |
| Distributable Amount | $532,521 | $548,774 | $514,901 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Holly Waltrip | President | 1 | — |
| Robert L Waltrip Jr | Sec/Treasurer | 1 | — |
| William Blair Waltrip | Vice President | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Waltrip-McGee Foundation?
The Waltrip-McGee Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOUSTON, TX. It holds $7.7M in total assets as of 2024.
How large is The Waltrip-McGee Foundation?
As of 2024, The Waltrip-McGee Foundation holds $7.7M in total assets with $183K in annual revenue.
Where does The Waltrip-McGee Foundation operate?
The Waltrip-McGee Foundation has awarded grants in Texas.
How much is The Waltrip-McGee Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Waltrip-McGee Foundation reported a distributable amount of $533K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Waltrip-McGee Foundation's EIN?
The Waltrip-McGee Foundation's EIN (Employer Identification Number) is 31-1608714. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Waltrip-McGee Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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