Bruce McMillan Jr Foundation Inc
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
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The most common grant size was in the $500K–1M range: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Statement 14 Overton, TX | Various-See STMT | $997,236 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- 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
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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