# McCune Charitable Foundation McCune Charitable Foundation is a Foundation based in Santa Fe, United States. ## Overview - **Organization type:** Foundation - **Headquarters:** Santa Fe, United States - **Region:** North America - **Address:** Santa Fe, NM, United States - **Founded:** 1989 - **Assets under management:** ~$80 million (Altss estimate) - **Website:** nmmccune.org - **LinkedIn:** https://www.linkedin.com/company/mccune-charitable-foundation ## Regulatory record - **Reports private funds:** No ## About The Marshall L. and Perrine D. McCune Charitable Foundation was founded in 1989 to enrich the health, education, environment, and cultural life of New Mexicans. David McCune Edwards chairs the board, with Sarah McCune Losinger serving as vice chair, ensuring the founding family's direct governance continues. The foundation's wealth originates from the McCune family, whose legacy is now embedded in a mandate that treats the entire state of New Mexico as its investment perimeter. The foundation runs a multi-asset strategy that spans early-stage venture capital, fund-of-funds commitments, mezzanine lending, natural resources, and special situations. It participates in direct co-investments alongside regional partners like the Santa Fe Community Foundation and national collaborators such as the W.K. Kellogg Foundation. Physical asset exposure includes a mortgage-loans portfolio, a mixed-use redevelopment investment in downtown Albuquerque, and the South Valley Social Enterprise Center—a commercial project designed to anchor economic activity in an underserved Albuquerque corridor. Titan Development Real Estate Fund commitments add further mixed-use exposure across New Mexico. Total assets under management are estimated at $80 million. The foundation operates from a single headquarters in Santa Fe with no disclosed additional offices. Team size is not publicly reported. Professional memberships in Philanthropy Southwest, the Asset Funders Network, and the Funders' Network for Smart Growth and Livable Communities reinforce a posture that blends grantmaking with market-rate and below-market-rate investment. These networks provide deal-flow connectivity that a foundation of its scale would not otherwise access. The structural differentiator is a single-state mandate executed through a hybrid grantmaking-and-investment model. Most foundations of comparable size separate their program staff from their investment committee; McCune collapses that distance by using its balance sheet to fund both grants and direct investments in the same geographies. This architecture creates overlapping feedback loops between philanthropic outcomes and investment returns, with the board retaining direct family oversight. ## Sectors - Real Estate - Private Credit - Venture Capital - Natural Resources - Secondaries & Special Situations ## People - Marshall L. McCune — Founder - Perrine D. McCune — Founder - David McCune Edwards — Chair of the Board - Sarah McCune Losinger — Vice Chair of the Board ## Questions ### How does McCune Charitable Foundation source its direct investments? The foundation sources deals through regional philanthropic networks—Philanthropy Southwest, the Asset Funders Network, and the Funders' Network for Smart Growth and Livable Communities—as well as through a co-investment partnership with the Santa Fe Community Foundation. Its single-state focus on New Mexico creates a concentrated pipeline tied to local developers and civic organizations. National co-investors like the W.K. Kellogg Foundation provide additional deal flow for impact-oriented projects. ### Is McCune structured as a pure grantmaker or does it pursue market-rate investments? McCune operates a hybrid model. It maintains a traditional grantmaking program for New Mexico nonprofits alongside a portfolio that includes venture capital fund commitments, real estate equity stakes, a mortgage-loan portfolio, and direct co-investments. Holdings include a mixed-use redevelopment in downtown Albuquerque, the South Valley Social Enterprise Center, and a commitment to the Titan Development Real Estate Fund. ### Does McCune participate in fund commitments or only direct deals? The foundation uses both approaches. Strategy disclosures show fund-of-funds commitments alongside direct co-investments and individually held assets. The venture capital program targets early-stage to late-stage companies, while real estate exposure comes through both direct property ownership and fund vehicles like the Titan Development Real Estate Fund. ### How is the McCune Charitable Foundation related to the John R. McCune Charitable Trust? The John R. McCune Charitable Trust is a separate philanthropic vehicle linked to the McCune family. The foundation's public disclosures do not detail the precise legal or operational relationship between the two entities, though both share a common family origin. They are listed as distinct organizations under the McCune philanthropic umbrella. ### Does the foundation maintain any geographic focus outside New Mexico? No. The foundation's stated mission and all disclosed investments—from direct real estate in Albuquerque and Santa Fe to partnerships with the Santa Fe Community Foundation—are confined to communities across New Mexico. National co-investor relationships bring external capital into the state rather than directing McCune capital outward. ## Related profiles - [Henry M Jackson Foundation](https://altss.com/profile/henry-m-jackson-foundation-for-the-advancement-of-military-medicine) - [Reformed Theological Seminary](https://altss.com/profile/reformed-theological-seminary) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/mccune-charitable-foundation Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology