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Filing year 2023

MCWANE FOUNDATION

Birmingham, Alabama·EIN 63-6044384·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$2.1M
Total assets
$597k
Total expenses
$2.1M
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2023. MCWANE FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$2M

Itemized grants

18

Median grant

$20k

RecipientLocationPurposeAmount
McWANE SCIENCE CENTERBIRMINGHAM, ALGENERAL SUPPORT$1.5M
YMCABIRMINGHAM, ALGENERAL SUPPORT$200k
INDIAN HILLS FOUNDATIONOTTUMWA, IAGENERAL SUPPORT$100k
AUBURN UNIVERSITYAuburn, ALGENERAL SUPPORT$48k
FRESHWATER LAND TRUSTBirmingham, ALGENERAL SUPPORT$25k
HISPANIC INTEREST COALITION OF ALABAMABirmingham, ALGENERAL SUPPORT$25k
NATIONAL MULTIPLE SCLEROSIS SOCIETYBIRMINGHAM, ALGENERAL SUPPORT$25k
ALABAMA SYMPHONY ORCHESTRABIRMINGHAM, ALGENERAL SUPPORT$25k
JUNIOR ACHIEVEMENT OF GREATER BIRMINGHAMBIRMINGHAM, ALGENERAL SUPPORT$20k
COMMUNITY FOUNDATION OF GREATER BIRMINGHAMBIRMINGHAM, ALSUPPORT OF SCHOLARSHIPS$20k
BIRMINGHAM EDUCATION FOUNDATIONBIRMINGHAM, ALGENERAL SUPPORT$20k
CAHABA RIVER SOCIETYBIRMINGHAM, ALSUPPORT OF THE CLEAN ENVIRONMENT PROGRAM$10k
UNCFBIRMINGHAM, ALGENERAL SUPPORT$9k
CHILDCARE RESOURCESBirmingham, ALGENERAL SUPPORT$5k
THE RESPECT ORGANIZATIONBirmingham, ALGENERAL SUPPORT$5k
PUBLIC AFFAIRS RESEARCH COUNCIL OF ALABAMABIRMINGHAM, ALGENERAL SUPPORT$5k
ASCENSION ST VINCENT'S FOUNDATIONBIRMINGHAM, ALGENERAL SUPPORT$5k
SPRING VALLEY SCHOOLBIRMINGHAM, ALGENERAL SUPPORT$2k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Alabama

MCWANE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Alabama earns a median of $10,858.

25th percentile
$5k
Median
$10,858
75th percentile
$33k
90th percentile
$98k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 513 organizations across 513 filings (2022 – 2024).

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

Common questions about MCWANE FOUNDATION

What are MCWANE FOUNDATION's revenue and expenses?

In 2023, MCWANE FOUNDATION reported $2.1M in total revenue and $2.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.