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Organizations Religious & Spiritual Mcmahon-Parater Scholarship Foundation

Mcmahon-Parater Scholarship Foundation

Fiscal year ending 2024. Filed on November 11, 2024.

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 2024 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 $170,543. The highest compensated employee at Mcmahon-Parater Scholarship Foundation is Michael J McGee with fiscal year 2024 compensation of $267,228. Mcmahon-Parater Scholarship Foundation changed its name from Mcmahon-Parater Foundation for Education in 2018.

Revenue, expenses, and employee compensation

Revenue

$6,073,594

Expenses

$10,475,116

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael J McGee
Chief Financial Officer
$267,228
$0 $206,420 $60,808
Margaret Keightley
Executive Director
$225,855
$0 $145,203 $80,652
Kelly Lazzara
Former President
$116,404
$0 $88,353 $28,051
Jennifer Bigelow
Former President
$72,684
$0 $46,659 $26,025

Benchmark Employee Compensation

Non-Employee Board Members

Michael Riley
President
$136,377
$0 $103,581 $32,796
Barry C Knestout
Sole Member
$52,776
$0 $30,207 $22,569
Dr Robert Martinez
Director
No compensation reported
Kathleen B Barrett
Treasurer
No compensation reported
Stephanie Stumpf
Director
No compensation reported
Stephen Reardon
Director
No compensation reported
Bruce Holbrook
Chair
No compensation reported
Edward T Blair
Director
No compensation reported
J Stephen Lindsey
Director
No compensation reported
Walter Malone
Director
No compensation reported
Thomas Strassburg
Director
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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