Madelyne M and Edward C Mccarty is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $697K in total assets. In 2024, it awarded 5 grants totaling $115K. Net investment income was $54K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$697K
-10.6% YoY
Annual Giving
$115K
-8.0% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$23K
-8.0% YoY
Under IRS private-foundation payout rules, Madelyne M and Edward C Mccarty reported a distributable amount of $118K for 2024 — the minimum it must pay out in qualifying distributions.
About Madelyne M and Edward C Mccarty
Based on IRS filings
Madelyne M and Edward C Mccarty is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $697K in total assets. In 2024, it awarded 5 grants totaling $115K. Net investment income was $54K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $697,039 | $779,741 | $875,305 |
| Revenue | $59,376 | $57,077 | $104,635 |
| Expenses | $142,078 | $151,557 | $148,713 |
| Qualifying Distributions | $115,000 | $125,000 | $120,000 |
| Net Investment Income | $53,617 | $58,295 | $75,922 |
| Distributable Amount | $118,114 | $108,427 | $108,132 |
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
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Univ of Arkansas for Medical Scienc ($50,000), Arkansas Community Foundation ($25,000), Union County Community Foundation ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARKANSAS COMMUNITY FOUNDATION LITTLE ROCK, AR | COMMUNITY IMPROVEMENT | $25,000 |
| FOOD BANK OF NORTH CENTRAL ARKANSAS MOUNTAIN CIRCLE, AR | HUNGER RELIEF | $5,000 |
| PARKINSON VOICE PROJECT RICHARDSON, TX | PARKINSON SPEAK OUT PROGRAM | $10,000 |
| UNION COUNTY COMMUNITY FOUNDATION ELDORADO, AR | EDUCATIONN | $25,000 |
| UNIV OF ARKANSAS FOR MEDICAL SCIENC LITTLE ROCK, AR | PROMOTE LITERACY | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AMY KIMMERLING | Director | — | — |
| MARTH M WELLS | President | — | — |
| JAMES WARREN MURPHY | Vice President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Madelyne M and Edward C Mccarty?
Madelyne M and Edward C Mccarty is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $697K in total assets as of 2024.
How large is Madelyne M and Edward C Mccarty?
As of 2024, Madelyne M and Edward C Mccarty holds $697K in total assets with $59K in annual revenue. It awarded 5 grants totaling $115K in 2024.
Where does Madelyne M and Edward C Mccarty operate?
Madelyne M and Edward C Mccarty has awarded grants in Arkansas, Texas.
What size grants does Madelyne M and Edward C Mccarty award?
In 2024, Madelyne M and Edward C Mccarty awarded 5 grants totaling $115K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Madelyne M and Edward C Mccarty required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Madelyne M and Edward C Mccarty reported a distributable amount of $118K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Madelyne M and Edward C Mccarty's EIN?
Madelyne M and Edward C Mccarty's EIN (Employer Identification Number) is 75-2670222. 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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