H Richard Mcfarland Charitable Tr

INDIANAPOLIS, IN EIN: 35-6479692

H Richard Mcfarland Charitable Tr is a private foundation, based in INDIANAPOLIS, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.0M in total assets. In 2024, it awarded 5 grants totaling $655K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.0M

-11.9% YoY

Annual Giving

$655K

+17.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$131K

+17.9% YoY

Under IRS private-foundation payout rules, H Richard Mcfarland Charitable Tr reported a distributable amount of $478K for 2024 — the minimum it must pay out in qualifying distributions.

About H Richard Mcfarland Charitable Tr

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Indiana $3.5M (97%)

Ohio $50K (1%)

Texas $50K (1%)

States

Indiana Ohio Texas

Cities

AustinCarmelCentervilleIndianapolisZionsville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$7,026,893	$7,974,277	$11,631,292
Revenue	$21,656	$-2,922,013	$630,149
Expenses	$969,040	$735,002	$786,488
Qualifying Distributions	$691,957	$595,409	$646,306
Net Investment Income	—	$10,919	$528,030
Distributable Amount	$477,757	$455,885	$490,240

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

22 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include H Richard Mcfarland Early Americana ($240,000), Heartland Mindfulness Collective ($190,000), Overdose Lifeline Inc ($150,000).

Recipient	Purpose	Amount
H RICHARD MCFARLAND EARLY AMERICANA INDIANAPOLIS, IN	SEE EXPENDITURE RESPONSIBILITY STATEMENT	$240,000
HEARTLAND MINDFULNESS COLLECTIVE ZIONSVILLE, IN	GENERAL SUPPORT	$190,000
INDY YOGA MOVEMENT CARMEL, IN	GENERAL SUPPORT	$25,000
OVERDOSE LIFELINE INC INDIANAPOLIS, IN	GENERAL SUPPORT	$150,000
FAIR HAVEN CHURCH CENTERVILLE, OH	GENERAL SUPPORT	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DAVID P SIMS	TRUSTEE	20	$50,750
MARIAN JOAN CRAYCRAFT	TRUSTEE	0.1	—
MICHAEL MCFARLAND	TRUSTEE	0.1	—

Frequently Asked Questions

How large is H Richard Mcfarland Charitable Tr?

As of 2024, H Richard Mcfarland Charitable Tr holds $7.0M in total assets with $22K in annual revenue. It awarded 5 grants totaling $655K in 2024.

Where does H Richard Mcfarland Charitable Tr operate?

H Richard Mcfarland Charitable Tr has awarded grants in Indiana, Ohio, Texas.

What size grants does H Richard Mcfarland Charitable Tr award?

In 2024, H Richard Mcfarland Charitable Tr awarded 5 grants totaling $655K — an average of about $131K per grant, based on its IRS Form 990 filings.

How much is H Richard Mcfarland Charitable Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, H Richard Mcfarland Charitable Tr reported a distributable amount of $478K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is H Richard Mcfarland Charitable Tr's EIN?

H Richard Mcfarland Charitable Tr's EIN (Employer Identification Number) is 35-6479692. IRS Form 990 filing data is available on this page for 2020–2024.