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EIN 58-1870080

Robert and Janice Mcnair Educational Foundation

IRS 501(c) type
501(c)(3)
Num. employees
12
City
Forest City
State
North Carolina
Year formed
1989
Most recent tax filings
2022-06-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
Robert and Janice Mcnair Educational Foundation is a scholarship or financial aid organization in Forest City, NC whose mission is: Educational assistance to rutherford county, nc students.
Also known as...
Robert and Janice Mcnair Educ Foundation
Total revenues
$925,489
2022
Total expenses
$2,671,800
2022
Total assets
$35,971,359
2022
Num. employees
12
2022

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.

Personnel at Robert and Janice Mcnair Educational Foundation

NameTitleCompensation
Monica LeeExecutive Director$117,973
Leslie WallOffice Manager
Sarah McKinneyOperations Manager
Tripp FlackTrustee , Treasurer$0
Mike GavinsChairman$0
...and 4 more key personnel

Financials for Robert and Janice Mcnair Educational Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$2,032,086
Program services$0
Investment income and dividends$555,086
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,661,683
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$925,489

Form 990s for Robert and Janice Mcnair Educational Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-062021-05-11990View PDF
2019-062021-01-27990View PDF
2018-062019-06-19990View PDF
2017-062018-08-13990View PDF
2016-062017-06-14990View PDF
...and 6 more Form 990s
Data update history
July 3, 2023
Updated personnel
Identified 1 new personnel
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 2, 2021
Posted financials
Added Form 990 for fiscal year 2020
June 27, 2021
Updated personnel
Identified 3 new personnel
November 17, 2020
Updated personnel
Identified 4 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsState / local levelCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
Address
129 Countrywood Dr
Forest City, NC 28043
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
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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