McGowan DFA Designed 9.5.24 - Flipbook - Page 2
BACKGROUND
Working in five communities, the
McGowan Fund empowers families
and individuals living in poverty to
achieve their greatest potential. Across
the nation, the McGowan Fund
supports the resurgence of ethics in
business and community life.
The Fund gives priority to programs
that have demonstrated success, have
measurable outcomes and plans for
sustainability, and aim to end cycles of
poverty and suffering. The Fund
strives to be a problem-solving
organization creating opportunities for
sustainable change for program
participants.
Working in five communities, the
McGowan Fund empowers families
and individuals living in poverty to
achieve their greatest potential. Across
the nation, the McGowan Fund
supports the resurgence of ethics in
business and community life.
The Fund gives priority to programs
that have demonstrated success, have
measurable outcomes and plans for
sustainability, and aim to end cycles of
poverty and suffering. The Fund
strives to be a problem-solving
organization creating opportunities for
sustainable change for program
participants.
The William G. McGowan Charitable
Fund is a private (family) grant-making foundation established in 1993. Programs are supported in five
geographic regions of the country including Chicago, Kansas City, KS & MO, Lackawanna & Luzerne
Counties in PA, Rochester and Penn Yan, NY, Denver and Eagle County, CO. The current endowment is over
$200 million and, in 2023, approximately 60 grants were awarded ranging in size from $10,000 to over $1
million with an average grant of $80,000. Grant awards are made in K-12 education, health access, human
services with a focus on pathways to safe housing, healthy food and a living wage.
The Fund is guided in all endeavors by six principles accountability, character and integrity, courage, empathy,
resilience, and self-awareness.
The Fund is governed by an engaged Board of Directors comprised of family members. Grants are made by
the Board three times a year. In 2023, grant making reached approximately $7,000,000. The fiscal year is July
1 to June 30. Last year’s operating budget was approximately $2.8M. McGowan Fund employs 6 full-time
staff.
