Hf Mccarty Jr Family Foundation

RIDGELAND, MS EIN: 64-0865125

The HF McCarty Jr Family Foundation is a private grantmaking foundation established in 1995 and based in Ridgeland, Mississippi. As a 501(c)(3) organization, the foundation generates income used to make grants to other tax-exempt organizations across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.0M

+1.7% YoY

Annual Giving

$479K

+7.3% YoY

Grant Count

17

+0.0% YoY

Avg Grant Size

$28K

+7.3% YoY

Under IRS private-foundation payout rules, Hf Mccarty Jr Family Foundation reported a distributable amount of $462K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding areas include:

  • Operating support for nonprofit organizations
  • Medical research
  • Fine arts support
  • Secondary education
  • Post-secondary education
  • Science and STEM education

Grantmaking

The foundation supports a mix of educational institutions, research organizations, and community service providers.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Mississippi and North Carolina.

Grant Distribution by State

2states

Cities

Black MountainFlowoodJacksonMadisonMageeRaymondRidgelandRocky MountTupeloUniversity

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $7,958,647
  • Total Revenue: $686,706
  • Total Expenses: $577,144
  • Net Income: $10
  • Total Liabilities: $11,600
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$324K$649K$973K$1M20202021202220232024
Metric202420232022
Total Assets$7,958,647$7,823,443$7,876,430
Revenue$686,706$469,715$232,870
Expenses$577,144$536,197$517,134
Qualifying Distributions$490,250$457,650$450,900
Net Investment Income$607,402$414,972$241,593
Distributable Amount$462,315$416,337$433,361

Giving Over Time

Total grant dollars and number of grants per year

$0$124K$247K$371K$494K18 grants202016 grants202115 grants202217 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ST ANDREWS$100KMILLSAPS COLLEGE$90KUNIVERSITY OF MISSISSIPP…$50KWILSON RESEARCH FOUNDATION$50KMAKE A WISH$33KYMCA BLUE RIDGE ASSEMBLY$25KBOY SCOUTS OF AMERICA$20KLITTLE LIGHT HOUSE CENTR…$20KTHE FIRST TEE OF CENTRAL…$20KCENTURY CLUB$15K

Grant Size Distribution

83 grants across all recorded years

63<$50K11$50–100K9$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Andrews ($100,000), Millsaps College ($90,000), University of Mississippi Medical Center ($50,000).

RecipientPurposeAmount
BOY SCOUTS OF AMERICA JACKSON, MSOPERATING SUPPORT$20,000
CENTURY CLUB RIDGELAND, MSOPERATING SUPPORT$15,000
GROWING UP KNOWING JACKSON, MSOPERATING SUPPORT$15,000
LITTLE LIGHT HOUSE CENTRAL MISSISSIPPI JACKSON, MSOPERATING SUPPORT$20,000
MAKE A WISH RIDGELAND, MSOPERATING SUPPORT$33,000
MIDTOWN PARTNERS JACKSON, MSOPERATING SUPPORT$3,000
MILLSAPS COLLEGE JACKSON, MSOPERATING SUPPORT$90,000
MISSISSIPPI BLOOD SERVICES FLOWOOD, MSOPERATING SUPPORT$10,000
MISSISSIPPI MUSEUM OF ART JACKSON, MSOPERATING SUPPORT$10,000
MISSISSIPPI OPERA JACKSON, MSSUPPORT OF FINE ARTS$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ELIZABETH ANN BUYANPRESIDENT2
ASHLEY W HULLENDERVICE-PRESIDENT1
PATTI M SULLIVANTREASURER2
JOHN R MCCARTYAT-LARGE BOARD MEMBER2
MARY HELEN GRIFFISAT-LARGE BOARD MEMBER1
LESLIE W BASKINSECRETARY2

Contact Information

Address: PO Box 1887, Ridgeland, MS 39158-1887
Telephone: 601-991-0100

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Hf Mccarty Jr Family Foundation fund?

The foundation's primary funding areas include: • Operating support for nonprofit organizations • Medical research • Fine arts support • Secondary education • Post-secondary education • Science and STEM education

How do I apply for a grant from Hf Mccarty Jr Family Foundation?

**Grant Activity:** • Made 23 grants in 2024 • Total giving: $478,500 (2024) • Typical award range: $1,000–$100,000 **Recent Grants (2024):** • Millsaps College: $90,000 (Operating Support) • The Wilson Research Foundation: $50,000 (Operating Support) • YMCA Blue Ridge Assembly: $25,000 (Operating Support) The foundation supports a mix of educational institutions, research organizations, and community service providers.

Where does Hf Mccarty Jr Family Foundation make grants?

The foundation primarily funds organizations in Mississippi and North Carolina.

What size grants does Hf Mccarty Jr Family Foundation award?

In 2024, Hf Mccarty Jr Family Foundation awarded 17 grants totaling $479K — an average of about $28K per grant, based on its IRS Form 990 filings.

How much is Hf Mccarty Jr Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hf Mccarty Jr Family Foundation reported a distributable amount of $462K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hf Mccarty Jr Family Foundation's EIN?

Hf Mccarty Jr Family Foundation's EIN (Employer Identification Number) is 64-0865125. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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