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  • McCune Foundation
    and John Robison McCune In the donor s will it was stipulated that all Foundation assets had to be distributed prior to October 16 2029 50 years after his death In 2012 McCune Foundation as part of its sunset strategy made the decision to focus its grantmaking efforts on qualified beneficiaries located in the following western Pennsylvania counties Allegheny Armstrong Beaver Bedford Blair Butler Cambria Cameron Clarion Clearfield Crawford Elk

    Original URL path: http://www.mccune.org/ (2016-05-01)
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    Original URL path: http://www.mccune.org/foundation:Website.admin_html (2016-05-01)
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  • McCune Foundation
    Stream spending policy that equalizes the granted amounts year to year Any variations in this amount would be due to portfolio fluctuations While this policy reduces the total amount spent in the next 14 years it allows us to maintain our staffing levels until 2029 and accelerate the delivery of resources to the community The result is that this year we distributed 8 37 of our assets in grants At the same time that the Constant Stream was adopted the McCune Foundation instituted a new grants program simply called Big Ideas These large grants are designed to be transformative and change the vector of the grantee in both direction and velocity Also these grants must be self sustaining and have impact beyond the organization thus strengthening the larger community To quote our Executive Director Hank Beukema We re trying to transfer our DNA to others While these grants could be seen to further the Foundation s legacy the Foundation as a quiet donor prefers that they be seen as the community and region s legacy Starting in 2012 the McCune Foundation has made three Big Idea grants to organizations with which it has worked for at least a decade The grants were made under Granny s Rules which are three simple principles that apply to all our grants as the Foundation works toward 2029 1 Leave it better than we found it 2 Finish well the things we start 3 Do not start things we cannot finish well These rules guide us toward engaging only organizations with which we have successfully engaged in the past The first Big Idea grant was to Carnegie Mellon University for their Innovation Ecosystem Strategic Initiative The second was to Innovation Works to create the Participation Fund and the third was to the Emerging Opportunity Fund at Bridgeway Capital Each of these was based on a previous Proof of Concept grant that not only validated the idea but also demonstrated the organization s capacity to succeed Each grant perpetuates the program it funds only if the organization conducts that program successfully thus creating a living endowment In 2014 the Foundation began a two year hiatus from making Big Idea grants This time was used to finish payment of the first three grants and to evaluate the program One of the many things staff learned was that universities and healthcare systems could easily dominate the demand for Big Idea grants However these organizations represent only 32 of our historical grantmaking so we have to find a way to draw Big Idea grants from our Humanities and Human Services grantees In March of this year Staff recommended and the Distribution Committee approved a new grant category within the Big Ideas called clusters These would be smaller grants seven figures instead of eight to multiple organizations working in a similar space that would be bundled around a central theme Each grant would still have to be transformative self sustaining and reach into a broader community Each grant would

    Original URL path: http://www.mccune.org/foundation:Website,mccune,contact (2016-05-01)
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  • McCune Foundation

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    Original URL path: /foundation:Website,mccune,grants (2016-05-01)


  • McCune Foundation
    Finish well the things you have started and 3 Don t start new things you cannot finish well These three lenses make it very unlikely that the Foundation will initiate or respond to potential engagements with organizations with whom it has not worked during its first 37 years of operations preferring as an alternative to build on past work in a manner that increases the likelihood of sustainable effective operations and program delivery after the Foundation is gone The Foundation s current operating mode also means that there will be far fewer resources for consideration of capital campaigns that seek significant investments for facilities endowments and or new programs The number and size of these prospective grants has and will continue to decline In this competitive market place there will be fewer available resources to support expanded or new operations and programs even to organizations with whom the Foundation has significant history unless those expansions are directly related to the core mission of the organization and expand revenue producing opportunities well into the future Submissions should present a realistic and persuasive case for the potential to significantly impact the health growth and or prosperity of the targeted constituency or community Part of a compelling case is a clear understanding of the environment both positive and negative in which the proposed project or program will take place Applicants should demonstrate the means to collect and analyze data that informs both the current situation and describes success The other part of a compelling case is demonstrated organizational capacity to deliver the program or project The applicant must show how the project or program can be sustained after the grant period ends without additional McCune Foundation funding McCune Foundation focuses its grants in southwestern Pennsylvania principally the Pittsburgh area Unsolicited proposals from outside

    Original URL path: http://www.mccune.org/foundation:Website,mccune,guidelines (2016-05-01)
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  • McCune Foundation
    Foundation McCune Foundation Endowment Policy In the July of 1999 the Foundation instituted a new policy for all its endowment grants Our collective experience in grantmaking as well as an examination of best practices followed by others suggested that these very special long term philanthropic investments should be handled differently than other grants We feel it is incumbent that endowment recipients preserve maintain and grow the asset while exercising good management and discipline in restricting the use of endowment income to its originally intended purpose s This stewardship is particularly important with organizations with whom we anticipate having a continuing relationship Our endowment grant policy has five components 1 The McCune Foundation endowment grant must be treated as a permanently restricted fund and evidenced as such in the recipient s financial statements The endowment grant shall be treated as a fund subject to the restrictions set forth in 15 P C S Section 5548 c regardless of the state of the incorporation or operation of the recipient organization The endowment grant shall be segregated on the books and records of the recipient organization to the extent necessary to ensure that all conditions herein are satisfied 2 Any recipient organization subject to Pennsylvania law must make the election under 15 P C S Section 5548 c with respect to a total return investment policy and spending policy with respect to all of its restricted endowment funds A copy of the resolution making such election and the recipient s investment policies shall be provided to the McCune Foundation as soon as possible after receipt of the funds 3 The endowment grant provided by the McCune Foundation shall not under any circumstances be pledged as collateral for loans bonds or other debt instruments and shall remain free from any and all liens and

    Original URL path: http://www.mccune.org/foundation:Website,mccune,policies (2016-05-01)
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  • McCune Foundation
    IRS Filing Fiscal Year 2015 Annual Report The latest Annual Report Fiscal Year 2015 Audit Audit of the Foundation for the most recent fiscal year Chairman s Statements These documents are in PDF format Acrobat Reader is required 2011 Chairman

    Original URL path: http://www.mccune.org/foundation:Website,mccune,financials (2016-05-01)
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  • McCune Foundation
    useful Foundations McCune Charitable Foundation Philanthropy Related Organizations with Annual Conferences Council on Foundations The Independent Sector The Philanthropy Roundtable Resources The Foundation Center Miscellaneous Foundation Location Mapped Here is

    Original URL path: http://www.mccune.org/foundation:Website,mccune,links (2016-05-01)
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