Robert & Janice Mcnair Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Robert & Janice Mcnair Foundation is a 501(c)(3) organization based in Houston, Texas, registered in 1989, with $169,030,389 in FY2024 revenue. CharityIndex grades it B.
109 N Post Oak Ln Ste 600, Houston, TX, 77024 EIN 76-6050185 Since 1989
Revenue (FY2024)
$169.0M
▲ 893.1% vs prior year
Expenses (FY2024)
$18.4M
Net assets
$328.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Robert & Janice Mcnair Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating214 mo reserves · +89% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Robert & Janice Mcnair Foundation: 214 mo reserves · +89% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Robert & Janice Mcnair Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Robert & Janice Mcnair Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $30.5M (FY2015) to $169.0M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.4MNet assets $328.2M
Operating margin
89.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$330.6M
Total liabilities
$2.4M
Net assets
$328.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $169,030,389▲893% | $18,373,924▲18.1% | $328,240,588▲11.7% | $330,644,221▲12.5% | 990PF |
| 2023 | $17,020,766▼44.3% | $15,558,235▲13.9% | $293,894,181▲14.3% | $293,960,260▲14.3% | 990PF |
| 2022 | $30,532,379▲107% | $13,658,108▼12.8% | $257,092,808▼20.7% | $257,241,954▼20.7% | 990PF |
| 2021 | $14,782,329▼61.7% | $15,663,237▼2.3% | $324,049,314▲22.2% | $324,334,120▲22.2% | 990PF |
| 2020 | $38,550,718▼25.9% | $16,026,173▼11.7% | $265,172,122▲53.5% | $265,323,874▲53.6% | 990PF |
| 2018 | $52,019,173▼4.2% | $18,151,222▼5.2% | $172,781,779▼2.4% | $172,792,890▼2.4% | 990PF |
| 2017 | $54,290,109▲77.7% | $19,150,838▼0.7% | $176,949,201▲95.4% | $177,107,263▲95.5% | 990PF |
| 2015 | $30,548,547 | $19,292,932 | $90,535,124 | $90,598,913 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Meghan Blanton — $133,750 (0.73% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Meghan Blanton | President | 40 | $133,750 |
| Kristi S Cooper | Executive Director | 40 | $103,532 |
| Holly Alvis | Vice Chair | 1 | — |
| Janice S Mcnair | Chair | 1 | — |
| Palmetto Trust Company LLC | Trustee | 1 | — |
Frequently asked questions
- Is Robert & Janice Mcnair Foundation a legitimate nonprofit?
- Yes. Robert & Janice Mcnair Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 76-6050185, based in Houston, Texas. Donations are tax-deductible.
- What is Robert & Janice Mcnair Foundation's EIN?
- Robert & Janice Mcnair Foundation's Employer Identification Number (EIN) is 76-6050185.
- How much revenue does Robert & Janice Mcnair Foundation report?
- Robert & Janice Mcnair Foundation reported $169,030,389 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Robert & Janice Mcnair Foundation have?
- CharityIndex grades Robert & Janice Mcnair Foundation B, based on financial health (reserves and operating margin).
- How much does Robert & Janice Mcnair Foundation's highest-paid employee make?
- The highest reported compensation on Robert & Janice Mcnair Foundation's latest Form 990 is $133,750, paid to Meghan Blanton (President).
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Data for Robert & Janice Mcnair Foundation (EIN 76-6050185) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.