Charles and Doris Mcglothlin Charitable Tr

EVANSVILLE, IN EIN: 27-6314125

Charles and Doris Mcglothlin Charitable Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $802K in total assets. In 2024, it awarded 1 grants totaling $60K. Net investment income was $67K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$802K

-0.9% YoY

Annual Giving

$60K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$60K

+0.0% YoY

Under IRS private-foundation payout rules, Charles and Doris Mcglothlin Charitable Tr reported a distributable amount of $51K for 2024 — the minimum it must pay out in qualifying distributions.

About Charles and Doris Mcglothlin Charitable Tr

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $300K (100%)

States

Indiana

Cities

Evansville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$802,334	$809,614	$799,987
Revenue	$70,130	$82,984	$26,124
Expenses	$77,413	$73,273	$75,134
Qualifying Distributions	$71,908	$70,887	$71,327
Net Investment Income	$66,607	$80,133	$23,733
Distributable Amount	$50,868	$46,110	$48,269

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Shepherd of the Hills ($60,000).

Recipient	Purpose	Amount
SHEPHERD OF THE HILLS EVANSVILLE, IN	PROGRAM SUPPORT	$60,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
OLD NATIONAL WEALTH MANAGEMENT	TRUSTEE	1	$14,124

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Charles and Doris Mcglothlin Charitable Tr?

Charles and Doris Mcglothlin Charitable Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EVANSVILLE, IN. It holds $802K in total assets as of 2024.

How large is Charles and Doris Mcglothlin Charitable Tr?

As of 2024, Charles and Doris Mcglothlin Charitable Tr holds $802K in total assets with $70K in annual revenue. It awarded 1 grants totaling $60K in 2024.

Where does Charles and Doris Mcglothlin Charitable Tr operate?

Charles and Doris Mcglothlin Charitable Tr has awarded grants in Indiana.

What size grants does Charles and Doris Mcglothlin Charitable Tr award?

In 2024, Charles and Doris Mcglothlin Charitable Tr awarded 1 grants totaling $60K — an average of about $60K per grant, based on its IRS Form 990 filings.

How much is Charles and Doris Mcglothlin Charitable Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles and Doris Mcglothlin Charitable Tr reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Charles and Doris Mcglothlin Charitable Tr's EIN?

Charles and Doris Mcglothlin Charitable Tr's EIN (Employer Identification Number) is 27-6314125. IRS Form 990 filing data is available on this page for 2020–2024.