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Virginia · Nonprofit

The McKenney Foundation

The McKenney Foundation (Virginia) receives grants from 1 organization whose IRS filings report $51,021 to it, the largest being THE CAMERON FOUNDATION ($51,021). 1 of them have funded it in more than one year.

Revenue FY2024
$114k
Funders on record
1
Grants received
$51k
Net assets
$915k
1/1 repeat funderspeak grant-dependency 62%
01What it does

What The McKenney Foundation does

Mission

To (i)repurpose the former William R McKenney Memorial Library to create the first city-wide African American history Museum-Center (the "Museum-Center") to reflect the significant istory of the Petersburg area where there was one of the largest concentrations of freed African Americans;(ii) educate the public regarding the history of the property located at 137 S. Sycamore Street in Petersburg, Virginia (the "McKenney Building") that houses the Museum Center, including General William Mahone, who resided in the building in 1867, and his Readjuster Party; (iii) restore the McKenney Building with the assistance of historic preservation tax credits, grants, donations, and services donated by the City of Petersburg; and (iv) create an archival space/research facility with a searchable catalog system for paper archives and ephemera owned by the City or gifted by the public (the "Research Facility").

As stated on its FY2024 Form 990.

Program

  1. The Foundation received a community development block grant from the City of Petersburg to assist with the continued development of an African-American History and Culture Center in the City of Petersburg. The expenses included Oral History Recordings and legal expenses.

    $32,902 spent$100,000 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $32,902.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended.

100 = 20212021 Revenue 100 ($489k) Expenses 100 ($32k) Net assets 100 ($456k)2022 Revenue 12 ($57k) Expenses 205 ($66k) Net assets 98 ($447k)2023 Revenue 89 ($437k) Expenses 131 ($42k) Net assets 185 ($842k)2024 Revenue 23 ($114k) Expenses 127 ($41k) Net assets 201 ($915k)
2021202220232024
Revenue (23)Expenses (127)Net assets (201)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $489k to $885k (+81%).

$489k
$489k
$885k
$915k
2021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 2% · 2023 93% · 2024 88%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.

$456k
’21
−$9k
’22
$394k
’23
$73k
’24
56
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202120232024
Listed10119
Joined··+0
No longer listed··2
03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income fell $36k → $15k.

Funder
'22
'23
total
funders
1
1

From the IRS filings of The McKenney Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of The McKenney Foundation's grant income comes from Virginia funders.

VA

In-state vs out-of-state, by year

’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like The McKenney Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 17%Fundraising 3%

Governance

9
board members
78%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

0%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for The McKenney Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds The McKenney Foundation?
The McKenney Foundation (Virginia) receives grants from 1 organization whose IRS filings report $51,021 to it, the largest being THE CAMERON FOUNDATION ($51,021). 1 of them have funded it in more than one year.
How many funders does The McKenney Foundation have?
IRS filings report 1 organization giving $51,021 in grants to The McKenney Foundation, 1 of which have funded it in more than one year.
Who is the largest funder of The McKenney Foundation?
THE CAMERON FOUNDATION is the largest funder on record, with $51,021 in grants. The full list of funders is on this page.
How can an organization like The McKenney Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds McKenney →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing