William H & Ella W McMahan Foundation
William H & Ella W McMahan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Franklin, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $804K in total assets. In 2024, it awarded 13 grants totaling $78K. Net investment income was $540K.
Key facts about William H & Ella W McMahan Foundation
In short: William H & Ella W McMahan Foundation gave $78K across 13 grants in 2024 (avg $6K), mostly in Tennessee. 31% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 20-8721865
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $78,400
- Grants made (2024)
- 13
- Average grant
- $6,031
- Median grant
- $2,000
- New grantees (estimate)
- 31% first-time grantees (4 of 13, 2024)
- Total assets
- $803,686
- Primary geography
- Tennessee (79% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$804K
+93.0% YoY
Annual Giving
$78K
-38.4% YoY
Grant Count
13
+8.3% YoY
Avg Grant Size
$6K
-43.2% YoY
Under IRS private-foundation payout rules, William H & Ella W McMahan Foundation reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.
Is William H & Ella W McMahan Foundation open to new grantees?
31%
first-time grantees, 2024
In 2024, 4 of 13 grantees (31%) were first-time recipients. First grants averaged $3K; repeat grants $7K. How we count
Medians: $2K first-time, $3K repeat.
- 54% of 2024 grantees were also funded in 2023. Method
- Giving fell 29% from 2021 to 2024. Method
- In 2024 it paid out 389% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2024 grant dollars.
States
Cities
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
77 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| FREED-HARDEMAN UNIVERSITY Memphis, TN | CONTRIBUTION TO UNIVERSITY - ASSISTANCE TO STUDENTS | $31,400 |
| CRIEVE HALL CHURCH OF CHRIST Nashville, TN | ASSISTANCE TO NEEDY FAMILIES | $17,400 |
| MT DORA CHILDREN'S HOME Mt Dora, FL | GENERAL FUND | $10,000 |
| FAITH FAMILY MEDICAL CENTER Nashville, TN | GENERAL FUND | $5,000 |
| SYCAMORE VIEW CHURCH OF CHRIST Memphis, TN | GENERAL FUND | $4,750 |
| BRIDGE MINISTRY Nashville, TN | GENERAL FUND | $3,000 |
| TUNNEL TO TOWERS FOUNDATION Staten Island, NY | GENERAL FUND | $2,000 |
| GLOBAL CHRISTIAN RELIEF Santa Ana, CA | GENERAL FUND | $1,000 |
| PRAGER U Sherman Oaks, CA | GENERAL FUND | $1,000 |
| THE THOMAS MORE SOCIETY Chicago, IL | GENERAL FUND | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $803,686 | $416,431 | $442,802 |
| Revenue | $616,525 | $241,869 | $218,440 |
| Expenses | $227,512 | $270,301 | $294,964 |
| Qualifying Distributions | $149,007 | $182,108 | $230,670 |
| Net Investment Income | $540,137 | $155,676 | $156,192 |
| Distributable Amount | $38,302 | $48,891 | $62,812 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
William H & Ella W McMahan Foundation is led by Charles McMahan, President on every filing since 2020 — the only officer listed, and compensated.
Officers on the 2024 filing
Charles McMahan
President
On filings since 2020
10 hrs/week
$42K (2020) → $48K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
Frequently asked questions about William H & Ella W McMahan Foundation
How much does William H & Ella W McMahan Foundation give each year?
William H & Ella W McMahan Foundation gave $78K across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $127K across 12 grants.
What is William H & Ella W McMahan Foundation's typical grant size?
William H & Ella W McMahan Foundation's median grant in 2024 was $2,000, and its average grant was $6,031, across 13 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from William H & Ella W McMahan Foundation that year got $3K on average.
Where does William H & Ella W McMahan Foundation give grants?
William H & Ella W McMahan Foundation gives mostly in Tennessee: 79% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Florida (13%). The most frequent recipient cities were Nashville, TN (3 grants) and Memphis, TN (2 grants).
Does William H & Ella W McMahan Foundation give general operating support?
Yes: 85% of William H & Ella W McMahan Foundation's 2024 grants with a stated purpose (11 of 13) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are William H & Ella W McMahan Foundation's largest grantees?
William H & Ella W McMahan Foundation's largest 2024 grantees include Freed-Hardeman University ($31,400), Crieve Hall Church of Christ ($17,400) and Mt Dora Children's Home ($10,000), according to its 2024 IRS Form 990-PF. Together they received 75% of its itemized 2024 grant dollars.
How large is William H & Ella W McMahan Foundation?
William H & Ella W McMahan Foundation reported $804K in total assets on its 2024 IRS Form 990-PF. It paid out $149K in qualifying distributions that year, against a required minimum of $38K (roughly 5% of its investment assets).
What is William H & Ella W McMahan Foundation?
William H & Ella W McMahan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Franklin, TN. It holds $804K in total assets as of 2024.
What is William H & Ella W McMahan Foundation's EIN?
William H & Ella W McMahan Foundation's EIN (Employer Identification Number) is 20-8721865. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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