//
Also known as: FOUNDATION INC
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Madelyne M And Edward C Mccarty Foundation Inc. is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 1997. The principal officer is Martha Mccarty Kimmerling. It holds total assets of $697K. Annual income is reported at $182K. Total assets have decreased from $1.6M in 2011 to $780K 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 2016 to 2023. According to available records, Madelyne M And Edward C Mccarty Foundation Inc. has made 11 grants totaling $345K, with a median grant of $35K. Annual giving has grown from $100K in 2020 to $125K in 2023. Individual grants have ranged from $5K to $50K, with an average award of $31K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Arkansas and Texas. Contributions to this foundation are tax-deductible.
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.
Madelyne M And Edward C Mccarty Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in AR, TX.
Madelyne M And Edward C Mccarty Foundation Inc. has distributed a total of $345K across 11 grants. The median grant size is $35K, with an average of $31K. Individual grants have ranged from $5K to $50K.
Madelyne M And Edward C Mccarty Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Madelyne M And Edward C Mccarty Foundation Inc. is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Amy Kimmerling | DIRECTOR | $0 | $0 | N/A |
| Martha M Wells | PRES., TRES. | $0 | $0 | N/A |
| James Warren Murphy | V.P., SEC. | $0 | $0 | N/A |
Total Giving
$152K
Total Assets
$780K
Fair Market Value
$2.3M
Net Worth
$780K
Grants Paid
$125K
Contributions
N/A
Net Investment Income
$58K
Distribution Amount
$108K
Total: $732K
Total Grants
11
Total Giving
$345K
Average Grant
$31K
Median Grant
$35K
Unique Recipients
7
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Univ Of Arkansas For Medical SciencePROMOTE LITERACY | Little Rock, AR | $50K | 2023 |
| Union County Community FoundationEDUCATION | Eldorado, AR | $35K | 2023 |
| Arkansas Community FoundationCOMMUNITY IMPROVEMENT | Little Rock, AR | $25K | 2023 |
| Parkinson Voice ProjectPARKINSON SPEAK OUT PROGRAM | Richardson, TX | $10K | 2023 |
| Food Bank Of North Central ArkansasHUNGER RELIEF | Mountain Circle, AR | $5K | 2023 |
| UccfEDUCATION | Eldorado, AR | $50K | 2020 |
| UamsPROMOTE LITERACY | Little Rock, AR | $50K | 2020 |