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MARJORIE & RICHARD MCGAHREN FOUNDATION

VALHALLA, NY · EIN 066447410 · Form 990PF · FY2024 · NTEE T90Z · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$110K
expenses
$21K
net assets
$758K
employees
profile · synthesized from sources

Private foundation based in New York that makes grants to support education, developmental disability services, mental health, and public safety organizations. Primarily funds nonprofits in the Westchester County area, with a focus on local community benefit. Active grantmaking since at least 2023.

named programs · 4 · from sources

What they call their work

Disability Services Grants
Supports organizations serving children, teens, and adults with developmental disabilities, such as The Westchester ARC Foundation.
Education Support Grants
Provides funding to private schools and academic programs, including The Harvey School and Stepinac High School.
Mental Health and Community Support
Funds counseling, treatment, and community-based mental health services through organizations like the Child Guidance Center.
Public Safety Support
Provides grants to support law enforcement and public safety personnel through benevolent associations.
activities · 6 groups

What they do

financials · form 990PF · fy2024
revenue
Total revenue$110K
Contributions & grants
Program service revenue
Investment income$110K100%
Other revenue
expenses
Total expenses$21K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$68K
balance sheet
Total assets$767K
Cash
Investments
Liabilities
Net assets$758K
3 years on record · 2020–2024 · YoY revenue +10.9%
leadership · form 990 part vii · fy2024

Who runs it

board members · 5
  • CHRISTINE GROFF — TRUSTEE
  • JENNIFER WATERHOUSE COOPER — TRUSTEE
  • KEVIN WATERHOUSE — TRUSTEE
  • LAWRENCE WATERHOUSE III — TRUSTEE
  • PATRICK WATERHOUSE — TRUSTEE
relationships · 9

Who they work with

  • CHILD GUIDANCE CENTER Partner — Recipient of grants for treatment, education, and community support.
  • EAST END HOSPICE Partner — Recipient of general support grant for hospice services.
  • EWTN Partner — Recipient of general support grant for religious media.
  • HARVEY SCHOOL Partner — Recipient of grants for school education support and general funding.
  • OPEN DOOR FOUNDATION Partner — Recipient of general support grant.
  • SCARSDALE POLICE BENEVOLENT ASSOCIATION Partner — Recipient of grant for public safety support.
  • STEPINAC HS FDN Partner — Recipient of grant for academic program support.
  • THE JAKE REISH MEMORIAL FOUNDATION INC Partner — Recipient of general support grant.
  • THE WESTCHESTER ARC FOUNDATION INC Partner — Recipient of grants supporting children, teens, and adults with developmental disabilities, as well as general support.