Williams Mcclain Charitable Foundation

MARTINSVILLE, VA EIN: 54-1810111

Williams Mcclain Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARTINSVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $92K in total assets. In 2024, it awarded 19 grants totaling $18K. Net investment income was $4K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$92K

-0.8% YoY

Annual Giving

$18K

+79.9% YoY

Grant Count

19

+35.7% YoY

Avg Grant Size

$942.105

+32.6% YoY

Under IRS private-foundation payout rules, Williams Mcclain Charitable Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About Williams Mcclain Charitable Foundation

Based on IRS filings

Williams Mcclain Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARTINSVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $92K in total assets. In 2024, it awarded 19 grants totaling $18K. Net investment income was $4K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BassettCollinsvilleDanvilleForestLynchburgMartinsvilleRadfordRidgewaySpencer

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$10K$16K$21K20202021202220232024
Metric202420232022
Total Assets$92,017$92,736$90,697
Revenue$18,268$13,306$6,955
Expenses$18,987$11,267$10,170
Qualifying Distributions$18,987$11,267$10,170
Net Investment Income$3,605$1,586$185
Distributable Amount$3,129$4,032$4,142

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$9K$13K$18K8 grants20206 grants202116 grants202214 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNITED WAY$5KGRACE NETWORK$3KROOSTER WALK INC$2KCENTRA FOUNDATION$2KPATRICK & HENRY COMMUNIT…$1KMARTINSVILLE - HENRY COU…$1KPIEDMONT ARTS$1KMARTINSVILLE BULLDOG BOO…$500MVHS WARRIOR BAND BOOSTERS$500CARLISLE SCHOOL$500

Grant Size Distribution

63 grants across all recorded years

63<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include United Way ($4,650), Grace Network ($2,500), Rooster Walk Inc ($1,500).

RecipientPurposeAmount
MARTINSVILLE BULLDOG BOOSTER MARTINSVILLE, VATO SUPPORT LOCAL ATHLETIC CLUB$500
MVHS WARRIOR BAND BOOSTERS RIDGEWAY, VATO SUPPORT LOCAL HIGH SCHOOL BAND$500
CARLISLE SCHOOL MARTINSVILLE, VAFOR SCHOOL ACTIVITIES$500
MARTINSVILLE - HENRY COUNTY FAMILY YMCA MARTINSVILLE, VATO SUPPORT COMMUNITY SERVICES$1,000
MARTINSVILLE - HENRY COUNTY CRIME STOPPERS INC MARTINSVILLE, VATO SUPPORT CRIME REDUCTION IN THE COMMUNITY$50
PATRICK & HENRY COMMUNITY COLLEGE FOUNDATION MARTINSVILLE, VATO SUPPORT HIGHER EDUCATION IN LOCAL COMMUNITY$1,250
BOYS AND GIRLS CLUB MARTINSVILLE, VATO SUPPORT COMMUNITY CHILDREN'S PROGRAMS$500
C-PEG MARTINSVILLE, VATO SUPPORT ECONOMIC DEVELOPMENT$500
FIGSBORO RURITAN CLUB COLLINSVILLE, VATO FURTHER COMMUNITY ORIENTED CAUSES AND SCHOLARSHIP AWARDS$100
GRACE NETWORK MARTINSVILLE, VATO SUPPORT COMMUNITY CRISIS ORGANIZATION$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMES MCCLAINPRESIDENT
CHARLES T WILLIAMS IIIVICE PRESIDENT
DAVID MCI WILLIAMSSECRETARY
BERNADETTE J STOWETREASURER
CHARLOTTE W MCCLAINV.P. & ASST. TREASURER

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Williams Mcclain Charitable Foundation?

Williams Mcclain Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MARTINSVILLE, VA. It holds $92K in total assets as of 2024.

How large is Williams Mcclain Charitable Foundation?

As of 2024, Williams Mcclain Charitable Foundation holds $92K in total assets with $18K in annual revenue. It awarded 19 grants totaling $18K in 2024.

Where does Williams Mcclain Charitable Foundation operate?

Williams Mcclain Charitable Foundation has awarded grants in Virginia.

What size grants does Williams Mcclain Charitable Foundation award?

In 2024, Williams Mcclain Charitable Foundation awarded 19 grants totaling $18K — an average of about $942.105 per grant, based on its IRS Form 990 filings.

How much is Williams Mcclain Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Williams Mcclain Charitable Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Williams Mcclain Charitable Foundation's EIN?

Williams Mcclain Charitable Foundation's EIN (Employer Identification Number) is 54-1810111. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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