William & Lisa McGahan Family Foundation
The William & Lisa McGahan Family Foundation is a private foundation based in Dorado, Puerto Rico. It makes charitable gifts and grants to organizations that qualify as tax-exempt under section 501(c)(3), to assist people in need and fund educational institutions.
William & Lisa McGahan Family Foundation at a glance
In short: William & Lisa McGahan Family Foundation gave $168K across 26 grants in 2025 (avg $6K), top state New York. 69% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $167,831
- -19.1% vs 2024
- Grants made (2025)
- 26
- +8.3% vs 2024
- Average grant
- $6,455
- -25.3% vs 2024
- Median grant
- $1,000
- Total assets
- $2,458,196
- -9.5% vs 2024
- New grantees (estimate)
- 69% first-time grantees (18 of 26, 2025)
- Primary geography
- New York (46% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to William & Lisa McGahan Family Foundation
- How to Apply
-
The foundation’s filing states that it does not restrict giving to preselected organizations. It describes a letter of request from a 501(c)(3) organization providing housing, food, and educational programs as the application material. Awards are limited to resources available for annual distributions.
- Review Cycle
- No submission deadlines.
- Deadline
- No submission deadlines.
- Contact
Application contact: William C Mcgahan
Mailing address: 200 Dorado Beach Drive -3622 Wb, Dorado, PR 00646
Phone: (404) 520-7613
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who William & Lisa McGahan Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Cornell University ($72K). Together the top 10 received $159K.
Grant Size Distribution
127 grants across all recorded years
The most common grant size was under $50K: 122 grants of 127 (96%).
Geographic Focus
Where this funder awards grants
In 2025, grant dollars went primarily to recipients in New York (46%) and Georgia (43%). Smaller shares went to Puerto Rico (5%), New Jersey (5%), and Minnesota (1%).
Grant Distribution by State
Share of 2025 grant dollars across all 26 itemized grants.
States
Cities
Is William & Lisa McGahan Family Foundation open to new grantees?
69%
first-time grantees, 2025
In 2025, 18 of 26 grantees (69%) were first-time recipients. First grants averaged $2K; repeat grants $16K. How we count
Medians: $808 first-time, $11K repeat.
- 31% of 2025 grantees were also funded in 2024. Method
- Giving grew 31% from 2022 to 2025. Method
- In 2025 it paid out 143% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $128K (2022) to $292K (2020). In 2025 it made 26 grants totaling $168K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cornell University Ithaca, NY | General Support | $72,207 |
| United Way of Atlanta Atlanta, GA | General Support | $20,000 |
| Camp Twin Lakes Atlanta, GA | General Support | $15,850 |
| Westminister Atlanta, GA | General Support | $15,300 |
| Georgia Works Atlanta, GA | General Support | $15,000 |
| Rain and Rose Dorado, PR | General Support | $7,500 |
| From Houses to Homes Mt Tabor, NJ | General Support | $6,858 |
| New Alternatives for Children New York, NY | General Support | $2,500 |
| Pope Touchdown LLC Matirtta, GA | General Support | $2,000 |
| Atlanta Youth Academy Atlanta, GA | General Support | $1,800 |
Ready to take the next step with William & Lisa McGahan Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,458,196 | $106,570 | $108,236 | $167,831 | 26 | $171,117 | $106,570 | $119,625 |
| 2024 | $2,717,674 | $266,652 | $139,882 | $207,411 | 24 | $207,411 | $266,652 | $147,750 |
| 2023 | $2,724,020 | $234,400 | $141,685 | $136,624 | 27 | $136,624 | $234,380 | $131,205 |
| 2022 | $2,554,644 | $-371,173 | $565,703 | $127,972 | 23 | $127,972 | $73,291 | $131,012 |
| 2021 | $3,160,979 | $529,814 | $159,363 | $150,362 | 27 | $150,362 | $529,514 | $143,604 |
| 2020 | $3,033,012 | $1,330,278 | $397,517 | $291,621 | 35 | — | $293,440 | $104,708 |
Under IRS private-foundation payout rules, William & Lisa McGahan Family Foundation reported a distributable amount of $120K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation describes its purposes as charitable and educational. Its filing says its gifts and grants assist people in need and fund educational institutions. The 2025 grants included general support for organizations working in education, housing and homelessness services, recreation, health, and other areas.
Grantee missions illustrate the range of organizations supported. Camp Twin Lakes describes its work as providing year-round recreational and educational programs for campers facing serious illness, disabilities, and other challenges. Georgia Works says it supports chronically homeless men through intensive case management and work opportunities. New Alternatives for Children describes services for families caring primarily for medically complex children, while Breakthrough T1D works to accelerate breakthroughs to cure, prevent, and treat type 1 diabetes. Mayo Clinic describes its work as providing patient care, education, and research.
Grantmaking
In filing year 2025, the foundation awarded 26 grants totaling $167,831. Grants ranged from $25 to $72,207, with a median grant of $1,000. The largest awards included $72,207 to Cornell University, $20,000 to United Way of Atlanta, $15,850 to Camp Twin Lakes, $15,300 to Westminster, and $15,000 to Georgia Works. Other grants included $7,500 to Rain and Rose and $6,858 to From Houses to Homes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists William C McGahan as president/secretary and Lisa O McGahan as treasurer.
William & Lisa McGahan Family Foundation is led by William C. McGahan, President & Secretary on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
William C. McGahan
President & Secretary
On filings since 2020
8 hrs/week
No compensation reported
Lisa O. McGahan
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about William & Lisa McGahan Family Foundation
How much does William & Lisa McGahan Family Foundation give each year?
William & Lisa McGahan Family Foundation gave $168K across 26 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $207K across 24 grants.
What is William & Lisa McGahan Family Foundation's typical grant size?
William & Lisa McGahan Family Foundation's median grant in 2025 was $1,000, and its average grant was $6,455, across 26 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from William & Lisa McGahan Family Foundation that year got $2K on average.
Where does William & Lisa McGahan Family Foundation give grants?
William & Lisa McGahan Family Foundation's top state is New York, with 46% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest state was Georgia (43%). The most frequent recipient cities were Atlanta, GA (5 grants), New York, NY (3 grants) and Dorado, PR (2 grants).
Does William & Lisa McGahan Family Foundation give general operating support?
Yes: 100% of William & Lisa McGahan Family Foundation's 2025 grants with a stated purpose (26 of 26) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are William & Lisa McGahan Family Foundation's largest grantees?
William & Lisa McGahan Family Foundation's largest 2025 grantees include Cornell University ($72,207), United Way of Atlanta ($20,000) and Camp Twin Lakes ($15,850), according to its 2025 IRS Form 990-PF. Together they received 64% of its itemized 2025 grant dollars.
How large is William & Lisa McGahan Family Foundation?
William & Lisa McGahan Family Foundation reported $2.5M in total assets on its 2025 IRS Form 990-PF. It paid out $171K in qualifying distributions that year, against a required minimum of $120K (roughly 5% of its investment assets).
What does William & Lisa McGahan Family Foundation fund?
The foundation describes its purposes as charitable and educational. Its filing says its gifts and grants assist people in need and fund educational institutions. See mission & focus areas ↑
How do I apply for a grant from William & Lisa McGahan Family Foundation?
The foundation’s filing states that it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is William & Lisa McGahan Family Foundation's EIN?
William & Lisa McGahan Family Foundation's EIN (Employer Identification Number) is 90-0771779. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 5, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 12, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 16, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in William & Lisa McGahan Family Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Puerto Rico
The Community Foundation for Greater Atlanta Inc
Atlanta, GA
The Community Foundation for Greater Atlanta funds nonprofits across areas including health, education, human services, arts, housing, and civic engagement, with an emphasis on equity and shared prosperity. Its itemized 2024 grants had a median of $21,000, and over 64% of its 2024 grant support stayed in the 23-county metro Atlanta region, though it also funds organizations nationally and internationally. Nonprofits can apply through the foundation’s Grants Portal for competitive opportunities; it also makes donor-advised grants, but the profile does not state whether it accepts unsolicited requests.
Assets
$1.5B
Grants
1,414
Total Given
$152.3M
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
The Arthur M Blank Family Foundation
Atlanta, GA
The Arthur M. Blank Family Foundation funds work in Atlanta’s Westside, democracy, the environment, mental health and well-being, youth development, and founder initiatives, with a focus on Georgia and Montana and some national impact. In 2024, grants ranged from $500 to $20 million, with a median of $50,000. It makes grants by invitation and does not accept unsolicited requests.
Assets
$466.3M
Grants
586
Total Given
$212.1M
Fondos Unidos De Puerto Rico Inc & United Way Puerto Rico
San Juan, PR
Fondos Unidos de Puerto Rico supports program services of participating and partner agencies, including health, welfare, basic-needs, education, and related services, with grants focused on Puerto Rico. In 2024, it made 136 grants ranging from $823 to $340,971, with a median grant of $20,802. The profile does not state whether it accepts unsolicited requests.
Assets
$13.0M
Grants
151
Total Given
$5.7M
Puerto Rico Community Foundation Inc
San Juan, PR
The Puerto Rico Community Foundation supports community-based organizations and projects in education, resilience, housing, renewable energy, water access and economic development, with a primary focus on Puerto Rico. Its 2024 grants ranged from $5,093 to $301,000, with a median of $17,000. It accepts applications through open calls, though some opportunities are by invitation.
Assets
$48.5M
Grants
58
Total Given
$1.9M
Fideicomiso Jose R Alvarez
San Juan, PR
The foundation supports schools and other community organizations, with all reported 2025 grants going to recipients in Puerto Rico. Its 44 grants totaled $241,392, ranging from $250 to $36,000, with a median grant of $2,112. It does not accept unsolicited requests and gives only to preselected charitable organizations.
Assets
$15.4M
Grants
44
Total Given
$241K
More similar funders
More Funders in Puerto Rico
Cite this profile
Grantable. (2026). William & Lisa McGahan Family Foundation funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/william-and-lisa-mcgahan-family-foundation-morg_e6fda2b7b34c41abb16f75d460171a49
BibTeX
@misc{grantable_900771779_2026,
author = {{Grantable}},
title = {{William \& Lisa McGahan Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/william-and-lisa-mcgahan-family-foundation-morg_e6fda2b7b34c41abb16f75d460171a49},
note = {Accessed 2026-10-05. Data licensed CC BY 4.0}
} The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from William & Lisa McGahan Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
William & Lisa McGahan Family Foundation down — hundreds of funders to go?