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Filing year 2024

THE MCGEE FOUNDATION

Charleston, West Virginia·EIN 55-0720406·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$1.8M
Total assets
$17.3M
Total expenses
$1.1M
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

Chairman & President
Board Chair
25th percentile to median
$15k
$16k
Director
Unclassified
$8k
$8k
Secretary
Board Secretary
25th percentile to median
$8k
$8k
Director Emeritus
Unclassified
$8k
$8k
Director
Unclassified
$8k
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE MCGEE FOUNDATION equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
1%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$539k

Itemized grants

7

Median grant

$100k

RecipientLocationPurposeAmount
GREATER KANAWHA VALLEYCHARLESTON, WVDEVELOPING, IMPROVING, AND RESTORING ECONOMIC VITALITY IN THE WEST SIDE COMMUNITY$160k
SOUTHERN WV COMMUNITY COLLEGE FOUNDATIONMOUNT GAY, WVDIRECT BENEFIT FOR STUDENTS THROUGH NEEDS BASED SCHOLARSHIPS$100k
GLENVILLE STATE UNIVERSITYGLENVILLE, WVDIRECT BENEFIT FOR STUDENTS THROUGH NEEDS BASED SCHOLARSHIPS$100k
BLUEFIELD STATE UNIVERSITYBLUEFIELD, WVDIRECT BENEFIT FOR STUDENTS THROUGH NEEDS BASED SCHOLARSHIPS$100k
WEST VIRGINIA STATE UNIVERSITY FOUNDATIONINSTITUTE, WVDIRECT BENEFIT FOR STUDENTS THROUGH NEEDS BASED SCHOLARSHIPS$66k
KANAWHA VALLEY COUNCIL ON PHILANTHROPYCHARLESTON, WVDEVELOPING, IMPROVING, AND RESTORING ECONOMIC VITALITY IN THE WEST SIDE COMMUNITY$10k
PHILANTHROPY WEST VIRGINIAMORGANTOWN, WVPROMOTING PHILANTHROPY THROUGHOUT WEST VIRGINIA AND ACROSS THE NATION$3k

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 12%
from 2023

From $17k in 2023 to $15k in 2024.

$17k
2023
$15k
2024
In today's dollarsEst.
Down 14% in real terms$19k to $16k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Chair pay fell 12% from 2023 to 2024, while revenue rose 466%.

$17k in 2023 to $15k in 2024.
  • Board Secretary pay fell 21% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE MCGEE FOUNDATION

What does the Board Chair of THE MCGEE FOUNDATION earn?

In 2024, the Board Chair of THE MCGEE FOUNDATION received $15,000 in total compensation. This pay is below the median (the midpoint) for Board Chair roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Chair pay at THE MCGEE FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board Chair at THE MCGEE FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at THE MCGEE FOUNDATION equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE MCGEE FOUNDATION's revenue and expenses?

In 2024, THE MCGEE FOUNDATION reported $1.8M in total revenue and $1.1M in total expenses on its IRS Form 990.

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