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Nonprofit · EIN 55-0720406

MCGEE FOUNDATION

Tax-exempt · CHARLESTON, WV 25362

Financials

$314K$1.2M2023$1.8M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of MCGEE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,777,476$1,062,869$714,607$17,278,435$0$17,278,435
December 31, 2023990-PF$313,927$1,239,443-$925,516$16,421,363$0$16,421,363
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$179,105
Interest
$30,162
Net gain from sales of assets
$1,410,563
Other income
$157,646

Expenses

Grants and similar amounts paid
$538,703
Compensation of officers, directors and key employees
$45,000
Salaries, compensation and benefits (total)
$22,260
Disbursements for charitable purposes
$815,663
Excise tax on investment income
$22,123

Balance sheet and other

Total assets, start of year
$16,421,363
Total assets, end of year
$17,278,435
Total liabilities, end of year
$0
Net assets, end of year
$17,278,435
Fair market value of assets
$21,135,049
Qualifying distributions
$815,663
Net investment income
$1,777,476

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM DEBERNIERE MEBANE JR
109 LAURENS ROAD SUITE 1D, GREENVILLE, SC 29607
CHAIRMAN & PRESIDENT1$15,000
J MICHAEL HINES
4208 LORCUM LANE, ARLINGTON, VA 22207
SECRETARY1$7,500
JOHN KUYKENDALL
PO BOX 1768, DAVIDSON, NC 28036
DIRECTOR EMERITUS1$7,500
EMORY KINDER WRIGHT
821 BELMONT AVENUE, CHARLOTTESVILLE, VA 22902
DIRECTOR1$7,500
CHRISTOPHER ALEXANDER
PO BOX 6193, CHARLESTON, WV 253620193
DIRECTOR1$7,500
STEPHEN E KAWASH CPA
318 LEE STREET, CHARLESTON, WV 253620193
TREASURER10$0
990-PF for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
WILLIAM DEBERNIERE MEBANE JR
109 LAURENS ROAD SUITE 1D, GREENVILLE, SC 29607
CHAIRMAN & PRESIDENT1$17,000
J MICHAEL HINES
4208 LORCUM LANE, ARLINGTON, VA 22207
SECRETARY1$9,500
JOHN KUYKENDALL
PO BOX 1768, DAVIDSON, NC 28036
DIRECTOR EMERITUS1$9,500
EMORY KINDER WRIGHT
821 BELMONT AVENUE, CHARLOTTESVILLE, VA 22902
DIRECTOR1$9,500
CHRISTOPHER ALEXANDER
PO BOX 6193, CHARLESTON, WV 253620193
DIRECTOR1$9,500
STEPHEN E KAWASH CPA
318 LEE STREET, CHARLESTON, WV 253620193
TREASURER10$0

Address and contacts

Address (IRS master file)
PO BOX 6193, CHARLESTON, WV 25362-0193
In care of
% STEPHEN KAWASH
Signed the 990-PF
STEPHEN E KAWASH, TREASURER
Phone
(681) 248-8097
Return prepared by
BROWN EDWARDS & COMPANY LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
55-0720406
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1993
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$17,278,435
Income (IRS master file)
$10,678,694

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,777,476$1,062,869$17,278,435XML
990-PFDecember 2023$313,927$1,239,443$16,421,363XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 55-0720406).

Questions about MCGEE FOUNDATION

What is the EIN of MCGEE FOUNDATION?
The employer identification number (EIN) of MCGEE FOUNDATION is 55-0720406.
Is MCGEE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to MCGEE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MCGEE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MCGEE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MCGEE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of MCGEE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 6 people; 5 received compensation from the organization, the highest $15,000 (WILLIAM DEBERNIERE MEBANE JR, CHAIRMAN & PRESIDENT).
How much revenue does MCGEE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,777,476, expenses of $1,062,869 and total assets of $17,278,435 at year end.

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