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McCune Charitable Foundation

Profile

Last Updated: 2016-07-17

At A Glance

McCune Charitable Foundation

(formerly Marshall L. and Perrine D. McCune Charitable Foundation)

345 E. Alameda St.

Santa Fe, NM United States 87501-2229

Telephone: (505) 983-8300

URL: www.nmmccune.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $125,892,439

Total giving: $5,013,640

EIN

850429439

BRIDGE Number

5239801381

Background

Established in 1992 in NM - Marshall McCune died on December 13, 1975 making his widow, Perrine Dixon McCune, his heir. He left her strict terms for the continuance of his local philanthropic style and pattern, to which she adhered until her death on March 7, 1991 at the age of 87. In 1989, she established a foundation to continue this philanthropic legacy for their chosen home of New Mexico.

Purpose and Activities

The mission of the foundation is to memorialize its benefactors through grants which enrich the cultural life, health, education, environment, and spiritual life of the citizens of New Mexico. The Foundation supports philanthropic programs which are responsive, flexible, and may be proven effective at aiding the people of New Mexico to reach their full human and spiritual potential. Primary areas of interest include the arts, education, youth, health, social services and environment.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

The foundation has made PRIs in the form of loans to organizatons for the rehabilitation and revitalization of downtown Albuquerque.

Fields of Interest

Subjects
  • Addiction services
  • Adult education
  • Agriculture
  • Alcoholism
  • Animal welfare
  • Archaeology
  • Arts and culture
  • Basic and remedial instruction
  • Biodiversity
  • Cancers
  • Child development
  • Child educational development
  • Child welfare
  • Civic participation
  • Civics for youth
  • Community and economic development
  • Crime prevention
  • Dance
  • Diseases and conditions
  • Early childhood education
  • Education
  • Elementary education
  • Employment
  • Environment
  • Family planning
  • Family services
  • Food aid
  • Health
  • Heart and circulatory system diseases
  • Higher education
  • Historic preservation
  • History
  • HIV/AIDS
  • Homeless services
  • Hospice care
  • Hospital care
  • Housing development
  • Housing for the homeless
  • Human services
  • Leadership development
  • Libraries
  • Mental health care
  • Museums
  • Music
  • Natural resources
  • Nonprofits
  • Nutrition
  • Performing arts
  • Public affairs
  • Reading promotion
  • Rehabilitation
  • Rural development
  • Secondary education
  • Senior services
  • Theater
  • Visual arts
  • Vocational education
  • Wildlife biodiversity
  • Women's services
  • Youth organizing
Population Groups
  • American Indians
  • Children and youth
  • Economically disadvantaged people
  • Ethnic and racial groups
  • Females
  • Homeless people
  • LGBTQ people
  • Low-income and poor people
  • People with disabilities
  • Seniors
Organizations
  • Associations
  • Public charities

Financial Data

Year ended 2014-12-31

Assets: $125,892,439 (market value)

Gifts received: $20,000

Expenditures: $6,808,665

Total giving: $5,013,640

Qualifying distributions: $6,159,427

Giving activities include:

$5,013,640 for 315 grants (high: $100,000; low: $1,000)