Bill McCarty III Foundation
Bill McCarty III Foundation is a private foundation, based in Jackson, MS. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 2 grants totaling $13K. Net investment income was $101K.
Bill McCarty III Foundation at a glance
In short: Bill McCarty III Foundation gave $13K across 2 grants in 2025 (avg $7K), mostly in Mississippi. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $13,250
- -96.0% vs 2024
- Grants made (2025)
- 2
- +100.0% vs 2024
- Average grant
- $6,625
- -98.0% vs 2024
- Median grant
- $6,625
- Total assets
- $1,590,178
- +5.4% vs 2024
- Primary geography
- Mississippi (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Bill McCarty III Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Greater Belhaven Neighborhood ($8K). Together the top 2 received $13K.
Grant Size Distribution
30 grants across all recorded years
The most common grant size was under $50K: 27 grants of 30 (90%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How Bill McCarty III Foundation gives
- Giving grew 231% from 2022 to 2025. Method
- In 2025 it paid out 21% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $4K (2022) to $330K (2024). In 2025 it made 2 grants totaling $13K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Greater Belhaven Neighborhood Jackson, MS | Religious, Educational, Charitable | $8,000 |
| New Stage Theatre Jackson, MS | Religious, Educational, Charitable | $5,250 |
Ready to take the next step with Bill McCarty III Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,590,178 | $108,483 | $26,621 | $13,250 | 2 | $18,947 | $100,809 | $89,440 |
| 2024 | $1,508,316 | $119,570 | $341,391 | $329,571 | 1 | $335,077 | $113,256 | $89,820 |
| 2023 | $1,730,137 | $-57,954 | $87,859 | $75,500 | 15 | $81,413 | $37,537 | $90,697 |
| 2022 | $1,875,950 | $36,178 | $29,890 | $4,000 | 1 | $13,801 | $20,980 | $98,241 |
| 2021 | $1,869,662 | $356,715 | $86,358 | $76,500 | 11 | — | $351,122 | $84,390 |
| 2020 | $1,599,305 | $24,132 | $106,536 | $87,500 | 13 | — | $27,545 | $86,280 |
Under IRS private-foundation payout rules, Bill McCarty III Foundation reported a distributable amount of $89K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Bill McCarty III Foundation is led by Wb McCarty III, President & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Wb McCarty III
President & Director
On filings since 2020
No compensation reported
Beth McCarty Harris
Director
On filings since 2020
No compensation reported
Harrison Russell McCarty
Sec-Treas & Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Bill McCarty III Foundation
How much does Bill McCarty III Foundation give each year?
Bill McCarty III Foundation gave $13K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $330K across 1 grant.
How large is Bill McCarty III Foundation?
Bill McCarty III Foundation reported $1.6M in total assets on its 2025 IRS Form 990-PF. It paid out $19K in qualifying distributions that year, against a required minimum of $89K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Bill McCarty III Foundation operate?
Bill McCarty III Foundation has awarded grants in Indiana, Mississippi, North Carolina, Vermont.
What is Bill McCarty III Foundation's EIN?
Bill McCarty III Foundation's EIN (Employer Identification Number) is 64-0872808. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS January 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 9, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 10, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
Live grants for the work Bill McCarty III Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Bill McCarty III Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Selby and Richard McRae Foundation
Jackson, MS
In 2024, the foundation funded education and construction, scholarships, disaster relief, legal services, homelessness assistance, religion, and arts and culture, with most giving in Mississippi and additional grants in North Carolina, Tennessee, Missouri, and Georgia. Its 44 grants totaled about $2.44 million, with a median award of $25,000 and grants ranging from $71 to $310,000. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$36.3M
Grants
44
Total Given
$2.4M
Mississippi Humanities Council Inc
Jackson, MS
The Mississippi Humanities Council funds public humanities projects—such as lectures, exhibits, oral histories, and film or online productions—that explore history and culture and serve communities across Mississippi. Its 2024 grants had a median award of $9,800, while current offerings are Minigrants of up to $2,500 and Mississippi Stories Grants of up to $5,000; it states that Minigrants are accepted on a rolling basis, but does not specify whether unsolicited requests are accepted.
Assets
$2.5M
Grants
20
Total Given
$209K
Community Foundation for Mississippi
Jackson, MS
The Community Foundation for Mississippi supports nonprofit and community work, with competitive grants focused on Placemaking, Children and Families, and Community Partnerships, as well as donor-directed giving across varied charitable purposes. Its 2025 grants had a median of $19,500, with itemized awards ranging from $5,500 to $800,000; it primarily serves 22 counties in central and southwest Mississippi. It offers competitive grant programs, but the profile does not state whether it accepts unsolicited requests.
Assets
$90.3M
Grants
104
Total Given
$6.2M
The Pruet Foundation
Jackson, MS
The Pruet Foundation supports charitable organizations, including healthcare, community, and theological education work, with most of its giving going to Mississippi. In 2024, its grants ranged from $2,500 to $80,000, with a median of $10,000. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$7.4M
Grants
25
Total Given
$571K
Walker Foundation
Ridgeland, MS
Walker Foundation funds arts, education, schools, community services, neighborhood improvement, and religious organizations, with most of its giving in Mississippi. Its 2025 grants ranged from $250 to $100,000, with a median of $10,000. The filing does not state whether it accepts unsolicited requests.
Assets
$15.7M
Grants
72
Total Given
$1.1M
Van Devender Family Foundation William Van Devender Trustee
Jackson, MS
The Van Devender Family Foundation supports schools, churches and ministries, health organizations, and housing or community initiatives, primarily in Mississippi. Its 2025 grants ranged from $200 to $202,500, with a median of $5,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$137K
Grants
47
Total Given
$760K
More similar funders
More Funders in Mississippi
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Bill McCarty III Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Bill McCarty III Foundation down — hundreds of funders to go?