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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Religious & Spiritual Mcmahon-Parater Scholarship Foundation

Mcmahon-Parater Scholarship Foundation

Fiscal year ending 2025. Filed on November 10, 2025.

7800 Carousel Lane
Richmond, Virginia 23294

Mcmahon-Parater Scholarship Foundation (EIN: 26-1830477) has filed an IRS Form 990 between fiscal years 2016 and 2025. In its fiscal year 2025 IRS Form 990 filing, Mcmahon-Parater Scholarship Foundation, a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $170,478. The highest compensated employee at Mcmahon-Parater Scholarship Foundation is Michael McGeee with fiscal year 2025 compensation of $256,924. Mcmahon-Parater Scholarship Foundation changed its name from Mcmahon-Parater Foundation for Education in 2018.

Revenue, expenses, and employee compensation

Revenue

$5,773,290

Expenses

$6,629,652

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael McGeee
Chief Financial Officer
$256,924
$0 $221,216 $35,708
Margaret Keightley
Executive Director
$195,870
$0 $154,444 $41,426
Michael Riley
President
$152,491
$0 $128,933 $23,558
Jennifer Bigelow
Former President
$76,625
$0 $55,588 $21,037

Benchmark Employee Compensation

Non-Employee Board Members

Bishop Knestout
Sole Member
$58,243
$0 $37,156 $21,087
J Stephen Lindsey
Board Member
No compensation reported
Stephanie F Stumpf
Board Member
No compensation reported
Stephen Reardon
Board Member
No compensation reported
Thomas Strassburg
Board Member
No compensation reported
Edward T Blair
Board Member
No compensation reported
Bruce C Holbrook
Chair
No compensation reported
Kathleen B Barrett
Treasurer
No compensation reported
Robert E Martinez
Board Member
No compensation reported
Walter J Malone
Board Member
No compensation reported

Mission Statement

TO PROVIDE FINANCIAL ASSISTANCE TO THE CATHOLIC SCHOOLS WITHIN THE GEOGRAPHICAL CONFINES OF THE ROMAN CATHOLIC DIOCESE OF RICHMOND.

Revisions to this organization profile

November 10, 2025:
2025 Mcmahon-Parater Scholarship Foundation 990 filed
November 11, 2024:
2024 Mcmahon-Parater Scholarship Foundation 990 filed
November 9, 2023:
2023 Mcmahon-Parater Scholarship Foundation 990 filed

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