H Richard McFarland Charitable Tr
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.
Key facts about H Richard McFarland Charitable Tr
In short: H Richard McFarland Charitable Tr gave $655K across 5 grants in 2024 (avg $131K), mostly in Indiana. Source: 2024 IRS Form 990-PF.
- EIN
- 35-6479692
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $655,000
- Grants made (2024)
- 5
- Average grant
- $131,000
- Median grant
- $150,000
- Total assets
- $7,026,893
- Primary geography
- Indiana (92% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
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
5
+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.
How H Richard McFarland Charitable Tr gives
- Giving fell 31% from 2021 to 2024. Method
- In 2024 it paid out 145% 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 all 5 itemized 2024 grant dollars.
Cities
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
| 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 |
| OVERDOSE LIFELINE INC Indianapolis, IN | GENERAL SUPPORT | $150,000 |
| FAIR HAVEN CHURCH Centerville, OH | GENERAL SUPPORT | $50,000 |
| INDY YOGA MOVEMENT Carmel, IN | GENERAL SUPPORT | $25,000 |
Financial History
Multi-year comparison from IRS filings
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
H Richard McFarland Charitable Tr's 2024 filing lists 3 officers; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
David P. Sims
Trustee
Co-Trustee → Trustee, 2021
On filings since 2020
20 hrs/week
$18K (2021) → $51K (2024)
Michael McFarland
Trustee
Co-Trustee → Trustee, 2021
On filings since 2020
0.1 hrs/week
No compensation reported
Marian Joan Craycraft
Trustee
New on the 2024 filing
0.1 hrs/week
No compensation reported
Former officers (1)
- Former: Marian Sims (2020–2023) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
Frequently asked questions about H Richard McFarland Charitable Tr
How much does H Richard McFarland Charitable Tr give each year?
H Richard McFarland Charitable Tr gave $655K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $556K across 5 grants.
What is H Richard McFarland Charitable Tr's typical grant size?
H Richard McFarland Charitable Tr's median grant in 2024 was $150,000, and its average grant was $131,000, across 5 grants on its 2024 IRS Form 990-PF.
Where does H Richard McFarland Charitable Tr give grants?
H Richard McFarland Charitable Tr gives mostly in Indiana: 92% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Ohio (8%). The most frequent recipient cities were Indianapolis, IN (2 grants).
Does H Richard McFarland Charitable Tr give general operating support?
Yes: 80% of H Richard McFarland Charitable Tr's 2024 grants with a stated purpose (4 of 5) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are H Richard McFarland Charitable Tr's largest grantees?
H Richard McFarland Charitable Tr's largest 2024 grantees include H Richard McFarland Early Americana ($240,000), Heartland Mindfulness Collective ($190,000) and Overdose Lifeline Inc ($150,000), according to its 2024 IRS Form 990-PF. Together they received 89% of its itemized 2024 grant dollars.
How large is H Richard McFarland Charitable Tr?
H Richard McFarland Charitable Tr reported $7.0M in total assets on its 2024 IRS Form 990-PF. It paid out $692K in qualifying distributions that year, against a required minimum of $478K (roughly 5% of its investment assets).
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching H Richard McFarland Charitable Tr by hand.
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