EIN 58-1870080

Robert and Janice Mcnair Educational Foundation

IRS 501(c) type
501(c)(3)
Num. employees
12
City
Forest City
Year formed
1989
Most recent tax filings
2025-06-01
Description
The Robert and Janice McNair Educational Foundation enhances college readiness for Rutherford County students through programs, scholarships, and support for educational initiatives.
Total revenues
$1,768,835
2025
Total expenses
$3,168,920
2025
Total assets
$42,391,191
2025
Num. employees
12
2025

Program areas at Robert and Janice Mcnair Educational Foundation

The Foundation provides various services to schools in rutherford county, nc, including maintenance of a career center, training and support for volunteers to tutor students, assistance with financial aid and college and scholarship applications, and funding special classroom projects. Additionally, the Foundation grants a variety of scholarships to individuals in rutherford county, nc and provides amounts to fund personnel to staff career centers for middle school and high school students.

Financials for Robert and Janice Mcnair Educational Foundation

RevenuesFYE 06/2025
Total grants, contributions, etc.$691,284
Program services$0
Investment income and dividends$1,077,551
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,768,835
Data update history
July 13, 2026
Posted financials
Added Form 990 for fiscal year 2025
August 4, 2025
Posted financials
Added Form 990 for fiscal year 2024
August 1, 2025
Updated personnel
Identified 1 new personnel
December 27, 2024
Used new vendors
Identified 1 new vendor, including
August 7, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Legally formed as corporationState / local levelCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
129 Countrywood Dr
Forest City, NC 28043
County
Rutherford County, NC
Website URL
mcnairedfoundation.org/ 
Phone
(828) 245-4339
IRS details
EIN
58-1870080
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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