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Jim & Linda Mcnatt Foundation Inc. is a private corporation based in DENTON, TX. The foundation received its IRS ruling in 2015. It holds total assets of $227. Annual income is reported at $5K. Total assets have decreased from $1.3M in 2014 to $227 in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. Grantmaking is concentrated in Texas. According to available records, Jim & Linda Mcnatt Foundation Inc. has made 32 grants totaling $1.5M, with a median grant of $5K. The foundation has distributed between $723K and $744K annually from 2020 to 2022. Individual grants have ranged from $125 to $300K, with an average award of $46K. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in Texas and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$750
Median Grant
$5K
Average Grant
$60K
Largest Grant
$300K
Based on 12 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.
Jim & Linda Mcnatt Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in TX, FL.
Jim & Linda Mcnatt Foundation Inc. has distributed a total of $1.5M across 32 grants. The median grant size is $5K, with an average of $46K. Individual grants have ranged from $125 to $300K.
Jim & Linda Mcnatt Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Jim & Linda Mcnatt Foundation Inc. is headquartered in DENTON, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jim Mcnatt | PRESIDENT, TREASURER | $0 | $0 | N/A |
| Linda Mcnatt | VICE PRESIDENT, SECRETARY | $0 | $0 | N/A |
| Robert J Widmer Jr | DIRECTOR | $0 | $0 | N/A |
Total Giving
$328K
Total Assets
$227
Fair Market Value
$227
Net Worth
$227
Grants Paid
$323K
Contributions
$303K
Net Investment Income
N/A
Distribution Amount
$334
Total Grants
32
Total Giving
$1.5M
Average Grant
$46K
Median Grant
$5K
Unique Recipients
13
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of North TexasUNT ATHLETICS- INDOOR PRACTICE FACILITY | Denton, TX | $300K | 2022 |
| North Texas Collaborative Tax InstituteBOB WIDMER'S 501C TAX CLINIC | Denton, TX | $25K | 2022 |
| Denton Animal Support FoundationUNRESTRICTED | Denton, TX | $11K | 2022 |
| CasaUNRESTRICTED | Denton, TX | $10K | 2022 |
| Light The Tower CollectiveGENERAL PURPOSE | Denton, TX | $10K | 2022 |
| Denton Bible ChurchFOOD DRIVE | Denton, TX | $5K | 2022 |
| University Of North Texas FoundationMIKE MLINAC ENDOWMENT | Denton, TX | $5K | 2022 |
| Ponder FfaAGRICULTURE EDUCATION PROGRAM | Ponder, TX | $125 | 2022 |
| Denton County Food CenterSUPPORT OF GENERAL OPERATIONS | Denton, TX | $5K | 2020 |
| United Way Of Denton CountyCOVID CARE | Denton, TX | $5K | 2020 |
| Our Dairy BreadSUPPORT OF GENERAL OPERATIONS | Denton, TX | $5K | 2020 |
| Brickhouse AcademySUPPORT OF GENERAL OPERATIONS | Saratosa, FL | $1K | 2020 |
| Serve DentonSUPPORT OF GENERAL OPERATIONS | Denton, TX | $750 | 2020 |