Jim & Linda McNatt Foundation Inc
Jim & Linda McNatt Foundation Inc is a private foundation, based in Denton, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $227 in total assets. In 2024, it made $5K in qualifying distributions.
Key facts about Jim & Linda McNatt Foundation Inc
- EIN
- 47-2173908
- Latest 990 filing
- Form 990-PF, 2024
- Total assets
- $227
Data from IRS Form 990-PF, 2024; updated October 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$227
+0.0% YoY
Revenue
$5K
-98.3% YoY
Qualifying Distributions
$5K
-98.4% YoY
Expenses
$5K
-98.4% YoY
Under IRS private-foundation payout rules, Jim & Linda McNatt Foundation Inc reported a distributable amount of $11 for 2024 — the minimum it must pay out in qualifying distributions.
How Jim & Linda McNatt Foundation Inc gives
- Giving fell 55% from 2020 to 2023. Method
- In 2024 it paid out well above 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
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $323K (2023) to $723K (2020). In 2023 it made 4 grants totaling $323K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 28 grants of 35 (80%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $227 | $227 | $407 |
| Revenue | $5,225 | $302,940 | $350,000 |
| Expenses | $5,225 | $328,120 | $398,625 |
| Qualifying Distributions | $5,225 | $325,620 | $373,625 |
| Distributable Amount | $11 | $334 | $1,927 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 2, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 28, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Jim & Linda McNatt Foundation Inc is led by Jim McNatt, President & Treasurer on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jim McNatt
President & Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Robert J. Widmer Jr.
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Linda McNatt
Vice President & Secretary
On filings since 2020
5 hrs/week
No compensation reported
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.
Frequently asked questions about Jim & Linda McNatt Foundation Inc
How large is Jim & Linda McNatt Foundation Inc?
Jim & Linda McNatt Foundation Inc reported $227 in total assets on its 2024 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $11 (roughly 5% of its investment assets).
Where does Jim & Linda McNatt Foundation Inc operate?
Jim & Linda McNatt Foundation Inc has awarded grants in Florida, Texas.
What is Jim & Linda McNatt Foundation Inc's EIN?
Jim & Linda McNatt Foundation Inc's EIN (Employer Identification Number) is 47-2173908. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
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