Nonprofit · EIN 62-1801291
MCGEHEE FAMILY FOUNDATION
Tax-exempt · MEMPHIS, TN 38117
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $14,323,358 | $233,906 | $14,089,452 | $10,643,491 | $0 | $10,643,491 |
| December 31, 2023 | 990-PF | $0 | $267,671 | -$267,671 | $7,315,022 | $1,971,927 | $5,343,095 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $14,225,088
- Dividends
- $97,601
- Interest
- $669
Expenses
- Grants and similar amounts paid
- $10,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $183,660
- Disbursements for charitable purposes
- $10,000
- Excise tax on investment income
- $1,366
Balance sheet and other
- Total assets, start of year
- $7,315,022
- Total assets, end of year
- $10,643,491
- Total liabilities, end of year
- $0
- Net assets, end of year
- $10,643,491
- Fair market value of assets
- $10,643,491
- Qualifying distributions
- $10,000
- Net investment income
- $98,270
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES E MCGEHEE III 700 COLONIAL ROAD SUITE 120, MEMPHIS, TN 38117 | PRESIDENT/DIRECTOR | 1 | $0 |
| ANDREW P MCGEHEE 700 COLONIAL ROAD SUITE 120, MEMPHIS, TN 38117 | VICE-PRESIDENT/DIRECTOR | 1 | $0 |
| J CLIFTON PAESSLER 700 COLONIAL ROAD SUITE 120, MEMPHIS, TN 38117 | SECRETARY/DIRECTOR | 1 | $0 |
| STUART C MCGEHEE 700 COLONIAL ROAD SUITE 120, MEMPHIS, TN 38117 | TREASURER/DIRECTOR | 1 | $0 |
| SUZANNE MCGEHEE 700 COLONIAL ROAD SUITE 120, MEMPHIS, TN 38117 | CEO | 20 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUZANNE MCGEHEE 700 COLONIAL ROAD SUITE 130, MEMPHIS, TN 38117 | CEO | 20 | $75,000 |
| JAMES E MCGEHEE III 700 COLONIAL ROAD SUITE 130, MEMPHIS, TN 38117 | PRESIDENT/DIRECTOR | 1 | $0 |
| ANDREW P MCGEHEE 700 COLONIAL ROAD SUITE 130, MEMPHIS, TN 38117 | VICE-PRESIDENT/DIRECTOR | 1 | $0 |
| J CLIFTON PAESSLER 700 COLONIAL ROAD SUITE 130, MEMPHIS, TN 38117 | SECRETARY/DIRECTOR | 1 | $0 |
| STUART C MCGEHEE 700 COLONIAL ROAD SUITE 130, MEMPHIS, TN 38117 | TREASURER/DIRECTOR | 1 | $0 |
| JAMES E MCGEHEE JR 700 COLONIAL ROAD SUITE 130, MEMPHIS, TN 38117 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 700 COLONIAL RD STE 130, MEMPHIS, TN 38117-5148
- In care of
- % JAMES E MCGEHEE JR
- Signed the 990-PF
- SUZANNE MCGEHEE, CEO
- Phone
- (901) 763-1666
- Return prepared by
- POOLE OAKS CPA'S PLLC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 62-1801291
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $10,643,491
- Income (IRS master file)
- $14,323,358
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $14,323,358 | $233,906 | $10,643,491 | IRS |
| 990-PF | December 2023 | $0 | $267,671 | $7,315,022 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 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 62-1801291).
Questions about MCGEHEE FAMILY FOUNDATION
- What is the EIN of MCGEHEE FAMILY FOUNDATION?
- The employer identification number (EIN) of MCGEHEE FAMILY FOUNDATION is 62-1801291.
- Is MCGEHEE FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to MCGEHEE FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MCGEHEE FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MCGEHEE FAMILY 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 MCGEHEE FAMILY 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 MCGEHEE FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does MCGEHEE FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $14,323,358, expenses of $233,906 and total assets of $10,643,491 at year end.
Other nonprofits in MEMPHIS
- COMMUNITY FOUNDATION OF GREATER MEMPHIS INC EIN 58-1723645 · last filed 990 for 2025
- CHRISTIAN COMMUNITY FOUNDATION OF MEMPHIS AND THE MID-SOUTH INC EIN 62-1752885 · last filed 990 for 2025
- FORMANEK FOUNDATION EIN 26-1565007 · last filed 990-PF for 2024
- MCENIRY FAMILY FOUNDATION EIN 93-4781807 · last filed 990-PF for 2023
- UNITED WAY OF THE MID-SOUTH EIN 56-1010742 · last filed 990 for 2025
- THE MARTIN FAMILY FOUNDATION INC EIN 83-1489207 · last filed 990 for 2025
- ASSISI FOUNDATION OF MEMPHIS INC EIN 62-1558722 · last filed 990-PF for 2024
- BOB AND SUSAN WILSON FOUNDATION EIN 88-1347272 · last filed 990-PF for 2024
All nonprofits in MEMPHIS · Tennessee · Philanthropy, voluntarism and grantmaking foundations