Skip to main content

Nonprofit · EIN 74-2550278

MCLENNAN COMMUNITY COLLEGE FOUNDATION

Tax-exempt · WACO, TX 76708

Financials

$3.4M$908K2022$2.5M$3.5M2023$3.4M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of MCLENNAN COMMUNITY COLLEGE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$3,358,483$2,246,333$1,112,150$38,249,067$295,418$37,953,649
August 31, 2024990$2,461,524$3,467,699-$1,006,175$37,345,391$1,790,637$35,554,754
August 31, 2023990$3,419,594$908,488$2,511,106$32,689,605$91,362$32,598,243
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$1,546,686
Program service revenue
$0
Investment income
$1,842,448
Net gain from sales of assets
$1,215,538
Net income from fundraising events
-$30,651
Other revenue
-$30,651

Expenses

Grants and similar amounts paid
$2,045,940
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$2,045,940
Management and general (functional)
$200,393

Balance sheet and other

Total assets, start of year
$37,345,391
Total assets, end of year
$38,249,067
Total liabilities, end of year
$295,418
Net assets, end of year
$37,953,649
Publicly traded securities
$6,888,582
Net assets without donor restrictions
$45,622
Net assets with donor restrictions
$37,908,027
Gross receipts
$5,006,079
Employees
0
Volunteers
140
Year formed
1985
State of legal domicile
TX

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 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
WES LIVESAYEXECUTIVE DIRECTOR(10.15.23-8.31.24)
Officer
40$142,465$20,590
MARY PEREZCHAIR
Trustee or director, Officer
1$0$0
DANA HASSELLPAST CHAIR
Trustee or director, Officer
1$0$0
SABRINA MOORETREASURER
Trustee or director, Officer
1$0$0
DR JOHNETTE MCKOWNSECRETARY/MCC PRES
Trustee or director, Officer
1$0$0
RODNEY CLARKDIRECTOR
Trustee or director
1$0$0
MOSIE HOLLEYVICE-CHAIR
Trustee or director, Officer
1$0$0
LEN BROWNDIRECTOR
Trustee or director
1$0$0
JOHN BIBLEDIRECTOR
Trustee or director
1$0$0
DR EDDIE MORRISONDIRECTOR
Trustee or director
1$0$0
DEIDRA EMERSONDIRECTOR
Trustee or director
1$0$0
JOHNNY GIOTESDIRECTOR
Trustee or director
1$0$0
BETSY REEDERDIRECTOR
Trustee or director
1$0$0
MISTI MOSTILLERDIRECTOR
Trustee or director
1$0$0
DONALD LEWISDIRECTOR
Trustee or director
1$0$0
10 more people on this return
NameTitleHours / weekCompensation
PAUL MCCLINTONDIRECTOR
Trustee or director
1$0
ANDY HARWELLDIRECTOR
Trustee or director
1$0
JONATHAN HILLDIRECTOR
Trustee or director
1$0
CLINT LEWISDIRECTOR
Trustee or director
1$0
DR LAUR WICHMANDIRECTOR
Trustee or director
1$0
EARL STINNETTDIRECTOR
Trustee or director
1$0
DEBBIE SARTAINDIRECTOR
Trustee or director
1$0
DR DIANNE SAWYERDIRECTOR
Trustee or director
1$0
J DAVID DICKSONDIRECTOR
Trustee or director
1$0
CHRISTOPHER QUALLSEXECUTIVE DIRECTOR(4/25-PRESENT)
Officer
40$0
990 for the year ended August 31, 2024: 27 people
NameTitleHours / weekCompensationOther / benefits
KIM PATTERSONEXECUTIVE DIRECTOR(9.1.23-10.15.23)
Officer
40$87,556$15,151
WES LIVESAYEXECUTIVE DIRECTOR(10.15.23-8.31.24)
Officer
40$30,633$4,476
DANA HASSELLCHAIR
Trustee or director, Officer
1$0$0
VIK DEIVANAYAGAMPAST CHAIR
Trustee or director, Officer
1$0$0
MOSIE HOLLEYTREASURER
Trustee or director, Officer
1$0$0
DR JOHNETTE MCKOWNSECRETARY
Trustee or director, Officer
1$0$0
BRIDGET HEINSDIRECTOR
Trustee or director
1$0$0
MARY PEREZVICE-CHAIR
Trustee or director, Officer
1$0$0
LEN BROWNDIRECTOR
Trustee or director
1$0$0
JOHN BIBLEDIRECTOR
Trustee or director
1$0$0
DR SANDRA GOSSDIRECTOR
Trustee or director
1$0$0
DEIDRA EMERSONDIRECTOR
Trustee or director
1$0$0
JOHNNY GIOTESDIRECTOR
Trustee or director
1$0$0
TRAMMELL KELLYDIRECTOR
Trustee or director
1$0$0
J DAVID DICKSONDIRECTOR
Trustee or director
1$0$0
DONALD LEWISDIRECTOR
Trustee or director
1$0$0
PAUL MCCLINTONDIRECTOR
Trustee or director
1$0$0
ANDY HARWELLDIRECTOR
Trustee or director
1$0$0
JONATHAN HILLDIRECTOR
Trustee or director
1$0$0
CLINT LEWISDIRECTOR
Trustee or director
1$0$0
SABRINA MOOREDIRECTOR
Trustee or director
1$0$0
EARL STINNETTDIRECTOR
Trustee or director
1$0$0
DR SHARON SHIELDSDIRECTOR
Trustee or director
1$0$0
DEBBIE SARTAINDIRECTOR
Trustee or director
1$0$0
GLENDA STRUMDIRECTOR
Trustee or director
1$0$0
DR DIANNE SAWYERDIRECTOR
Trustee or director
1$0$0
SHAWN TROCHIMDIRECTOR
Trustee or director
1$0$0
990 for the year ended August 31, 2023: 27 people
NameTitleHours / weekCompensationFrom related orgs
KIM PATTERSONEXECUTIVE DIRECTOR
Officer
40$0$125,578
BETSY REEDERPAST CHAIR
Trustee or director, Officer
1$0$0
VIK DEIVANAYAGAMCHAIR
Trustee or director, Officer
1$0$0
MARY PEREZTREASURER
Trustee or director, Officer
1$0$0
DR JOHNETTE MCKOWNSECRETARY
Trustee or director, Officer
1$0$0
BRIDGET HEINSDIRECTOR
Trustee or director
1$0$0
DANA HASSELLVICE-CHAIR
Trustee or director, Officer
1$0$0
LEN BROWNDIRECTOR
Trustee or director
1$0$0
RICK BROPHYDIRECTOR
Trustee or director
1$0$0
DR SANDRA GOSSDIRECTOR
Trustee or director
1$0$0
DEIDRA EMERSONDIRECTOR
Trustee or director
1$0$0
NELL HAWKINSDIRECTOR
Trustee or director
1$0$0
TRAMMELL KELLYDIRECTOR
Trustee or director
1$0$0
J DAVID DICKSONDIRECTOR
Trustee or director
1$0$0
DONALD LEWISDIRECTOR
Trustee or director
1$0$0
PAUL MCCLINTONDIRECTOR
Trustee or director
1$0$0
ANDY HARWELLDIRECTOR
Trustee or director
1$0$0
MOSIE HOLLEYDIRECTOR
Trustee or director
1$0$0
EARL STINNETTDIRECTOR
Trustee or director
1$0$0
HERMANN PEREIRADIRECTOR
Trustee or director
1$0$0
ELISA RAINEYDIRECTOR
Trustee or director
1$0$0
DR SHARON SHIELDSDIRECTOR
Trustee or director
1$0$0
DEBBIE SARTAINDIRECTOR
Trustee or director
1$0$0
GLENDA STRUMDIRECTOR
Trustee or director
1$0$0
DR DIANNE SAWYERDIRECTOR
Trustee or director
1$0$0
GENEVA WATLEYDIRECTOR
Trustee or director
1$0$0
SHAWN TROCHIMDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1400 COLLEGE DR, WACO, TX 76708-1402
Principal officer (990 for 2024)
CHRISTOPHER QUALLS, 1400 COLLEGE DR, WACO, TX 76708
Signed the 990
CHRISTOPHER QUALLS, EXECUTIVE DIRECTOR
Phone
(254) 299-8606
Return prepared by
JRBT PC

Mission

THE MCC FOUNDATION'S MISSION SUPPORTS THE DEVELOPMENT OF FUNDS FOR STUDENT SCHOLARSHIPS, STAFF AND FACULTY PROFESSIONAL DEVELOPMENT AND CAMPUS CAPITAL NEEDS.

990 for the year ended August 31, 2025

Program accomplishments

  • AWARDS SCHOLARSHIPS TO STUDENTS OF MCLENNAN COMMUNITY COLLEGE TO ENCOURAGE EDUCATIONAL OPPORTUNITIES. IN ADDITION, THE FOUNDATION PROVIDES EMERGENCY GRANTS TO STUDENTS OF MCLENNAN COMMUNITY COLLEGE WHO ENCOUNTER EXTRAORDINARY EVENTS THAT COULD NEGATIVELY AFFECT THEIR ABILITY TO CONTINUE THEIR COLLEGE EDUCATION. THE FOUNDATION ALSO SUPPORTS PAULANNE'S PANTRY TO PROVIDE BASIC FOOD AND HYGIENE ITEMS FOR STUDENTS EXPERIENCING ECONOMIC INSECURITIES.
    Expenses $689,522 · grants $689,522
  • FUNDS WERE DISTRIBUTED TO MCLENNAN COMMUNITY COLLEGE TO COVER $911,483 IN FACILITIES EXPENSE AND $409,225 IN VARIOUS COLLEGE PROGRAM EXPENSES.
    Expenses $1,317,708 · grants $1,317,708
  • GRANTS TO MCLENNAN COMMUNITY COLLEGE TO BE USED TO FUND PROFESSIONAL DEVELOPMENT CONFERENCES AND CONTINUING EDUCATION FOR FACULTY AND STAFF.
    Expenses $38,710 · grants $38,710

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
74-2550278
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1990
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B124)
Assets (IRS master file)
$38,249,067
Income (IRS master file)
$5,006,079

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$3,358,483$2,246,333$38,249,067XML
990-TAugust 2025–––IRS
990August 2024$2,461,524$3,467,699$37,345,391XML
990August 2023$3,419,594$908,488$32,689,605XML
990August 2022$4,422,492$2,437,466$29,826,134IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––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 74-2550278).

Questions about MCLENNAN COMMUNITY COLLEGE FOUNDATION

What is the EIN of MCLENNAN COMMUNITY COLLEGE FOUNDATION?
The employer identification number (EIN) of MCLENNAN COMMUNITY COLLEGE FOUNDATION is 74-2550278.
Is MCLENNAN COMMUNITY COLLEGE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to MCLENNAN COMMUNITY COLLEGE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MCLENNAN COMMUNITY COLLEGE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MCLENNAN COMMUNITY COLLEGE FOUNDATION due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MCLENNAN COMMUNITY COLLEGE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of MCLENNAN COMMUNITY COLLEGE FOUNDATION?
The 990 for the year ended August 31, 2025 names CHRISTOPHER QUALLS.
Who are the officers and directors of MCLENNAN COMMUNITY COLLEGE FOUNDATION?
The 990 for the year ended August 31, 2025 lists 25 people; 1 received compensation from the organization, the highest $142,465 (WES LIVESAY, EXECUTIVE DIRECTOR(10.15.23-8.31.24)).
How much revenue does MCLENNAN COMMUNITY COLLEGE FOUNDATION have?
On its 990 for the year ended August 31, 2025 it reported revenue of $3,358,483, expenses of $2,246,333 and total assets of $38,249,067 at year end.

Other nonprofits in WACO

All nonprofits in WACO · Texas · Education