Skip to main content

Nonprofit · EIN 45-6580885

MCGEE FOUNDATION

Tax-exempt · DETROIT, MI 48275

Financials

$60K$82K2023$82K$84K2024
Revenue Expenses · by fiscal year end
Financials of MCGEE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990-PF$82,115$84,002-$1,887$1,149,151$0$1,149,151
August 31, 2024990-PF$60,141$81,958-$21,817$1,151,038$0$1,151,038
Financial details: 990-PF for the year ended August 31, 2025

Revenue

Dividends
$36,991
Net gain from sales of assets
$45,124

Expenses

Grants and similar amounts paid
$60,000
Compensation of officers, directors and key employees
$23,033
Disbursements for charitable purposes
$62,303
Excise tax on investment income
$850

Balance sheet and other

Total assets, start of year
$1,151,038
Total assets, end of year
$1,149,151
Total liabilities, end of year
$0
Net assets, end of year
$1,149,151
Fair market value of assets
$1,428,250
Qualifying distributions
$62,303
Net investment income
$82,105

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
COMERICA BANK
PO BOX 75000 M/C 7874, DETROIT, MI 482757874
TRUSTEE1$23,033
990-PF for the year ended August 31, 2024: 1 people
NameTitleHours / weekCompensation
COMERICA BANK
PO BOX 75000 M/C 7874, DETROIT, MI 482757874
TRUSTEE1$21,655

Address and contacts

Address (IRS master file)
PO BOX 75000, DETROIT, MI 48275-7874
In care of
% COMERICA BANK TTEE
Signed the 990-PF
MATTHEW GRABOWSKI, VICE PRESIDENT
Phone
(248) 984-1400
Return prepared by
KPMG LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990-PF on file
2023August 31, 2024January 15, 2025990-PF on file

IRS record

EIN
45-6580885
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2014
Accounting year ends
August
Files
Form 990-PF
Assets (IRS master file)
$1,149,151
Income (IRS master file)
$132,617

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFAugust 2025$82,115$84,002$1,149,151XML
990-PFAugust 2024$60,141$81,958$1,151,038XML
990-PFAugust 2023–––IRS
990-PFAugust 2022–––IRS
990-PFAugust 2021–––IRS
990-PFAugust 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-6580885).

Questions about MCGEE FOUNDATION

What is the EIN of MCGEE FOUNDATION?
The employer identification number (EIN) of MCGEE FOUNDATION is 45-6580885.
Is MCGEE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to MCGEE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MCGEE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MCGEE FOUNDATION due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MCGEE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended August 2025.
Who are the officers and directors of MCGEE FOUNDATION?
The 990-PF for the year ended August 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $23,033 (COMERICA BANK, TRUSTEE).
How much revenue does MCGEE FOUNDATION have?
On its 990-PF for the year ended August 31, 2025 it reported revenue of $82,115, expenses of $84,002 and total assets of $1,149,151 at year end.

Other nonprofits in DETROIT

All nonprofits in DETROIT · Michigan