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Also known as: C/O WAGGONER NATIONAL BANK
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Mccarty Family Foundation is a private corporation based in VERNON, TX. The foundation received its IRS ruling in 2005. The principal officer is Waggoner National Bank. It holds total assets of $2M. Annual income is reported at $484K. Total assets have decreased from $3.1M in 2011 to $2.1M in 2023. The foundation is governed by 2 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. The foundation primarily funds organizations in Texas and Utah. According to available records, Mccarty Family Foundation has made 15 grants totaling $775K, with a median grant of $30K. Annual giving has grown from $150K in 2020 to $195K in 2023. Grantmaking activity was highest in 2022 with $240K distributed across 4 grants. Individual grants have ranged from $20K to $135K, with an average award of $52K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Texas and Utah. Contributions to this foundation are tax-deductible.
Smallest Grant
$20K
Median Grant
$30K
Average Grant
$50K
Largest Grant
$100K
Based on 3 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.
Mccarty Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in TX, UT.
Mccarty Family Foundation has distributed a total of $775K across 15 grants. The median grant size is $30K, with an average of $52K. Individual grants have ranged from $20K to $135K.
Mccarty Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mccarty Family Foundation is headquartered in VERNON, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Waggoner National Bank | TRUSTEE | $14K | $0 | $14K |
| Greta Robb Mccarty | PRESIDENT | $0 | $0 | N/A |
Total Giving
$275K
Total Assets
$2.1M
Fair Market Value
$3M
Net Worth
$2.1M
Grants Paid
$195K
Contributions
N/A
Net Investment Income
$47K
Distribution Amount
$147K
Total: $1.4M
Total Grants
15
Total Giving
$775K
Average Grant
$52K
Median Grant
$30K
Unique Recipients
5
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First United Methodist ChurchGENERAL OPERATIONS | Electra, TX | $40K | 2023 |
| Kids Matter InternationalGENERAL OPERATIONS | Southlake, TX | $135K | 2023 |
| Senior Citizens Of ElectraGENERAL OPERATIONS | Electra, TX | $20K | 2023 |
| Humane Society Of Wichita FallsOPERATIONS | Wichita Falls, TX | $30K | 2021 |
| Best Friends Animal SocietyOPERATIONS | Salt Lake City, UT | $20K | 2021 |