Joe T and Billie Carole Mcmillan
Joe T and Billie Carole Mcmillan is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLLEGE STATION, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $767K in total assets. In 2024, it awarded 18 grants totaling $86K. Net investment income was $36K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$767K
+115.6% YoY
Annual Giving
$86K
+76.9% YoY
Grant Count
18
+125.0% YoY
Avg Grant Size
$5K
-21.4% YoY
Under IRS private-foundation payout rules, Joe T and Billie Carole Mcmillan reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.
About Joe T and Billie Carole Mcmillan
Based on IRS filings
Joe T and Billie Carole Mcmillan is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLLEGE STATION, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $767K in total assets. In 2024, it awarded 18 grants totaling $86K. Net investment income was $36K.
Focus Areas
Ready to take the next step with Joe T and Billie Carole Mcmillan?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $766,985 | $355,683 | $376,167 |
| Revenue | $536,234 | $31,929 | $23,486 |
| Expenses | $89,919 | $52,413 | $48,223 |
| Qualifying Distributions | $85,800 | $48,500 | $44,500 |
| Net Investment Income | $36,287 | $31,929 | $23,213 |
| Distributable Amount | $48,396 | $46,067 | $43,106 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Home Encouragement Ministries Inc ($20,800), Cru ($10,500), My Possibilities Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JUVENILE DIABETES RESEARCH NEW YORK, NY | FUND PROGRAMS | $1,500 |
| AD PLAYERS HOUSTON, TX | FUND PROGRAMS | $5,000 |
| MY POSSIBILITIES FOUNDATION PLANO, TX | FUND PROGRAMS | $10,000 |
| RELIANT MISSION ORLANDO, FL | GRACE BIBLE CHURCH MISSION TRIP | $5,000 |
| CONVOY OF HOPE SPRINGFIELD, MO | FUND PROGRAMS | $5,000 |
| CHARMECK FAMILY JUSTICE CENTER INC CHARLOTTE, NC | THE UMBRELLA CENTER | $2,000 |
| MYERS PARK BAPTIST CHURCH CHARLOTTE, NC | THROUGH THE WEEK SCHOOL | $2,500 |
| ASHEVILLE HUMANE SOCIETY INC ASHEVILLE, NC | FUND PROGRAMS | $1,000 |
| CRU ORLANDO, FL | FUND PROGRAMS | $10,500 |
| CANCARE HOUSTON, TX | FUND PROGRAMS | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BILLIE CAROLE MCMILLAN | Vice President | — | — |
| LINDA MCMILLAN BOWMAN | President | — | — |
| DANIEL T MCMILLAN | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Joe T and Billie Carole Mcmillan?
Joe T and Billie Carole Mcmillan is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in COLLEGE STATION, TX. It holds $767K in total assets as of 2024.
How large is Joe T and Billie Carole Mcmillan?
As of 2024, Joe T and Billie Carole Mcmillan holds $767K in total assets with $536K in annual revenue. It awarded 18 grants totaling $86K in 2024.
Where does Joe T and Billie Carole Mcmillan operate?
Joe T and Billie Carole Mcmillan has awarded grants in Arizona, California, Colorado, Florida, Georgia, Illinois, Louisiana, Massachusetts, Missouri, North Carolina, New York, Oregon, South Carolina, Texas.
What size grants does Joe T and Billie Carole Mcmillan award?
In 2024, Joe T and Billie Carole Mcmillan awarded 18 grants totaling $86K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Joe T and Billie Carole Mcmillan required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Joe T and Billie Carole Mcmillan reported a distributable amount of $48K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Joe T and Billie Carole Mcmillan's EIN?
Joe T and Billie Carole Mcmillan's EIN (Employer Identification Number) is 76-0591353. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Joe T and Billie Carole Mcmillan's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Duke Energy Foundation
CHARLOTTE, NC
Assets
$1.9M
Grants
41
Total Given
$25.6M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
Natl Christian Charitable Fdn Inc
ALPHARETTA, GA
Assets
$6.1B
Grants
16,327
Total Given
$2.6B
True Homes Foundation Inc
MONROE, NC
Assets
$4.6M
Grants
162
Total Given
$499K
Jpmorgan Chase Foundation
NEW YORK, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
The Us Charitable Gift Trust
BOSTON, MA
Assets
$2.2B
Grants
6,518
Total Given
$231.4M
Equitable Foundation Inc
NEW YORK, NY
Assets
$112.4M
Grants
1,453
Total Given
$5.5M
Raymond James Charitable Endowment Fund
ST PETERSBURG, FL
Assets
$1.9B
Grants
6,906
Total Given
$288.7M
Foundation for the Carolinas
CHARLOTTE, NC
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Joe T and Billie Carole Mcmillan on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities