Bruce McMillan Jr Foundation Inc

Private foundation · Grantmaker Overton, TX EIN: 75-0945924

Bruce McMillan Jr Foundation Inc is a private foundation focused on Education, based in Overton, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $23.5M in total assets. In 2025, it awarded 1 grant totaling $997K. Net investment income was $1.4M.

Key facts about Bruce McMillan Jr Foundation Inc

In short: Bruce McMillan Jr Foundation Inc gave $997K across 1 grant in 2025 (avg $997K), mostly in Texas. Source: 2025 IRS Form 990-PF.

EIN
75-0945924
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$997,236
Grants made (2025)
1
Average grant
$997,236
Median grant
$997,236
Total assets
$23,482,505
Primary geography
Texas (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$23.5M

+1.9% YoY

Annual Giving

$997K

+65.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$997K

+65.3% YoY

Under IRS private-foundation payout rules, Bruce McMillan Jr Foundation Inc reported a distributable amount of $1.1M for 2025 — the minimum it must pay out in qualifying distributions.

How Bruce McMillan Jr Foundation Inc gives

  • Giving grew 86% from 2022 to 2025. Method
  • In 2025 it paid out 113% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Overton

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $533K (2023) to $997K (2025). In 2025 it made 1 grant totaling $997K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K5$500K–1M$1–5M$5M+

The most common grant size was in the $500K–1M range: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
See Statement 14 Overton, TXVarious-See STMT$997,236

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$23,482,505$23,044,000$21,971,615
Revenue$1,658,206$2,072,952$2,133,876
Expenses$1,611,462$1,214,074$1,118,099
Qualifying Distributions$1,274,125$837,718$758,525
Net Investment Income$1,391,092$1,809,507$1,864,575
Distributable Amount$1,130,154$1,050,215$991,669

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Bruce McMillan Jr Foundation Inc is led by Todd Meadows, President, Treasurer & Director on every filing since 2021; 2 of 5 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Todd Meadows

    President, Treasurer & Director

    On filings since 2021

    20 hrs/week

    $60K (2021) → $75K (2025)

  • Rogers Pope Sr.

    Chairman

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Brenda Roach

    Secretary & Assistant Treasurer

    On filings since 2021

    40 hrs/week

    $67K (2021) → $93K (2025)

  • Rogers Pope Jr.

    Vice Chairman

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Tyree Collier

    Vice President

    On filings since 2021

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Brenda Roach — Sec/Asst Treas: $93KBrenda RoachSec/Asst Treas$93KTodd Meadows — Pres/Treas/DIR: $75KTodd MeadowsPres/Treas/DIR$75K

The highest reported compensation on the 2025 filing was $93K, to Brenda Roach (Sec/Asst Treas). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Bruce McMillan Jr Foundation Inc

How much does Bruce McMillan Jr Foundation Inc give each year?

Bruce McMillan Jr Foundation Inc gave $997K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $603K across 1 grant.

How large is Bruce McMillan Jr Foundation Inc?

Bruce McMillan Jr Foundation Inc reported $23.5M in total assets on its 2025 IRS Form 990-PF. It paid out $1.3M in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets).

What is Bruce McMillan Jr Foundation Inc?

Bruce McMillan Jr Foundation Inc is a private foundation focused on Education, based in Overton, TX. It holds $23.5M in total assets as of 2025.

Where does Bruce McMillan Jr Foundation Inc operate?

Bruce McMillan Jr Foundation Inc has awarded grants in Texas.

What is Bruce McMillan Jr Foundation Inc's EIN?

Bruce McMillan Jr Foundation Inc's EIN (Employer Identification Number) is 75-0945924. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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