//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
H Richard Mcfarland Charitable Trust is a private trust based in INDIANAPOLIS, IN. The foundation received its IRS ruling in 1989. It holds total assets of $7M. Annual income is reported at $178K. Total assets have grown from $1M in 2011 to $7M in 2024. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Indiana. According to available records, H Richard Mcfarland Charitable Trust has made 8 grants totaling $1.6M, with a median grant of $150K. Annual giving has decreased from $950K in 2021 to $625K in 2022. Individual grants have ranged from $25K to $550K, with an average award of $197K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Indiana and Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$25K
Median Grant
$188K
Average Grant
$238K
Largest Grant
$550K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
H Richard Mcfarland Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in IN, TX.
H Richard Mcfarland Charitable Trust has distributed a total of $1.6M across 8 grants. The median grant size is $150K, with an average of $197K. Individual grants have ranged from $25K to $550K.
H Richard Mcfarland Charitable Trust typically selects its grantees rather than accepting unsolicited proposals. The trust anticipates that scholarships will be primarily for students attending colleges or universities in indiana and/or illinois.
H Richard Mcfarland Charitable Trust is headquartered in INDIANAPOLIS, IN. While based in IN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David P Sims | TRUSTEE | $31K | $0 | $31K |
| Marian Sims | TRUSTEE | $0 | $0 | N/A |
| Michael Mcfarland | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$7M
Fair Market Value
N/A
Net Worth
$7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$1.6M
Average Grant
$197K
Median Grant
$150K
Unique Recipients
5
Most Common Grant
$25K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| H Richard Mcfarland Early AmericanaSEE EXPENDITURE RESPONSIBILITY STATEMENT | Indianapolis, IN | $400K | 2022 |
| Heartland Mindfulness CollectiveGENERAL SUPPORT | Zionsville, IN | $175K | 2022 |
| Indy Yoga MovementGENERAL SUPPORT | Carmel, IN | $25K | 2022 |
| The Miss FoundationGENERAL SUPPORT | Austin, TX | $25K | 2022 |
| Overdose Lifeline IncGENERAL SUPPORT | Indianapolis, IN | $250K | 2021 |