McGehee Foundation FY2022 filing

Tax-deductible

Ruston, LA501(c)(3)EIN 58-1974466Revenue $143K in FY2022

On file with the IRSPo Box 1344, 71273-1344 · Ruston, LATax-exempt since Feb 1992Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2022 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $28K a year · 8% of revenue · last 6 filings
Worth a look: a surplus in 2 of the last 6 filings.
990-PF Pt I · 6 filings
Cash reserves
25 mo
of spending, in cash
Looks good: 24.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$143K
-72% vs prior year
Spent
$318K
Net assets
$5.4M
By yearFY2019–FY2024
Revenue
$143K
FY2022▼ -72%
Tap a bar for its year
Revenue by fiscal year
FY2019$246K
FY2020$575K
FY2021$512K
FY2022$143K
FY2023$280K
FY2024$280K
Expenses
$318K
FY2022▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2019$305K
FY2020$303K
FY2021$283K
FY2022$318K
FY2023$339K
FY2024$319K
Net assets
$5.4M
FY2022▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2019$5.1M
FY2020$5.4M
FY2021$5.6M
FY2022$5.4M
FY2023$5.3M
FY2024$5.3M

From the FY2022 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 99% · $315K Operating & administrative 1% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Trustee/Manager
$0Pt VII · Sec A
Trustee/Manager
$0Pt VII · Sec A
Trustee/Manager
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See McGehee Foundation executive salaries →

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Programs and updates

A private foundation based in Ruston, LA.

Questions for McGehee Foundation

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 21 grants · $315K · 2024–2024
Individual RecipientFY2024$55,000
Share InternationalFY2024$40,000
Tms Global (formerly the Mission Society)FY2024$35,000
Louisiana Tech University FoundationFY2024$35,000
Grace United Methodist ChurchFY2024$30,000
Juvinile Diabetes AssociationFY2024$25,000
Passion for the Poor Intl (china-America Education Foundation Inc)FY2024$15,000
Louisiana United Methodist Children & Family ServicesFY2024$15,000
Boys and Girls Club of North Central LouisianaFY2024$10,000
Top of the HillFY2024$5,000
Mission Foundation INCFY2024$5,000
Freidrich's Ataxi Research AllianceFY2024$5,000
Freedom 13 Ministries INCFY2024$5,000
Fellowship of Christian AtheletesFY2024$5,000
Cru INCNC · FY2024$4,000
Medical Centers of West AfricaFY2024$3,000
Well of N LaFY2024$2,000
See all 21 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV2
Average grantPart XV$15K
Median grantPart XV$5K
Largest grantPart XV$55K
Top cause focusNTEERecreation & Sports (5%)

By the numbers

The FY2022 990-PF, line by line.

1The main four
Money in
$143K
Investment income$143K
Money out
$318K
Grants paid$315K
Running costs$3K
Owns and owes
$5.4M
net assets
Cash and savings$658K
Total assets$5.4M
Liabilities$0
People
7
listed
Paid0
2In more detail
Revenue in detail
Investment income$143K
Total revenue$143K
Assets in detailEnd of year
Cash and savings together$658K
Total assets$5.4M
Liabilities$0
Net assets$5.4M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $280K$319K−$39K$5.3M 990 PDF
FY2023 $280K$339K−$59K$5.3M 990 PDF
FY2022 Viewing $143K$318K−$175K$5.4M 990 PDF
FY2021 $512K$283K$229K$5.6M 990 PDF
FY2020 $575K$303K$272K$5.4M 990 PDF
FY2019 $246K$305K−$59K$5.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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