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
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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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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