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Filing year 2024

MCVAY FOUNDATION

Minnetonka, Minnesota·EIN 36-3311833·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$1.5M
Total assets
$11.1M
Total expenses
$1.2M
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2024. MCVAY FOUNDATION reported 5 unpaid officers and board members on its 990-PF.

President
Treasurer
Vice President/secretary
Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1M

Itemized grants

67

Median grant

$10k

RecipientLocationPurposeAmount
MINNESOTA ORCHESTRAMINNEAPOLIS, MNGENERAL OPERATION$95k
UNITED WAY OF GREATER TWIN CITIESMINNEAPOLIS, MNGENERAL OPERATION$95k
ALIAST PAUL, MNGENERAL OPERATION$90k
WAY TO GROWMINNEAPOLIS, MNGENERAL OPERATION$50k
THE FAMILY PARTNERSHIPMINNEAPOLIS, MNGENERAL OPERATION$40k
SALVATION ARMYROSEVILLE, MNGENERAL OPERATION$35k
WITHALLST LOUIS PARK, MNGENERAL OPERATION$35k
MN PUBLIC RADIOST PAUL, MNGENERAL OPERATION$30k
TWIN CITIES PUBLIC TELEVISIONST PAUL, MNGENERAL OPERATION$25k
PLANNED PARENTHOODST PAUL, MNGENERAL OPERATION$25k
OPEN CUPBOARDOAKDALE, MNGENERAL OPERATION$25k
KANABECK HISTORY CENTERMORA, MNGENERAL OPERATION$20k
SECOND HARVESTBROOKLYN PARK, MNGENERAL OPERATION$20k
AMERICAN INDIAN COLLEGE FUNDDENVER, COGENERAL OPERATION$15k
HAMLINE UNIVERSITYST PAUL, MNGENERAL OPERATION$15k
KANSAS STATE UNIVERSITYMANHATTAN, KSGENERAL OPERATION$15k
RUST COLLEGEHOLLLY SPRINGS, MSGENERAL OPERATION$15k
STERLING COLLEGESTERLING, KSGENERAL OPERATION$15k
THE PRINCIPIAST LOUIS, MOGENERAL OPERATION$15k
UNIVERSITY OF MN FOUNDATIONMINNEAPOLIS, MNGENERAL OPERATION$15k
UNITED THEOLOGICAL SEMINARYST PAUL, MNGENERAL OPERATION$15k
GTCYSST PAUL, MNGENERAL OPERATION$15k
BABY SPACEMINNEAPOLIS, MNGENERAL OPERATION$15k
JERIMIAH PROGRAMMINNEAPOLIS, MNGENERAL OPERATION$15k
LOPPET FOUNDATIONMINNEAPOLIS, MNGENERAL OPERATION$15k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

MCVAY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$584k
$1.1M
2023
$1.5M
$1.2M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

MCVAY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $32,530.

25th percentile
$8k
Median
$32,530
75th percentile
$93k
90th percentile
$243k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 399 organizations across 399 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota
FAQ

Common questions about MCVAY FOUNDATION

What are MCVAY FOUNDATION's revenue and expenses?

In 2024, MCVAY FOUNDATION reported $1.5M in total revenue and $1.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.