Madelyne M and Edward C McCarty

Private foundation · Grantmaker Dallas, TX EIN: 75-2670222

Madelyne M and Edward C McCarty is a private foundation, based in Dallas, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $683K in total assets. In 2025, it awarded 5 grants totaling $121K. Net investment income was $49K.

Madelyne M and Edward C McCarty at a glance

In short: Madelyne M and Edward C McCarty gave $121K across 5 grants in 2025 (avg $24K), mostly in Arkansas. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$120,659
+4.9% vs 2024
Grants made (2025)
5
+0.0% vs 2024
Average grant
$24,132
+4.9% vs 2024
Median grant
$25,000
Total assets
$683,199
-2.0% vs 2024
Primary geography
Arkansas (92% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Madelyne M and Edward C McCarty funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

University of Arkansas: $60KUniversity of Arkansas$60KArkansas Community Foundation: $25KArkansas Community Foundation$25KUnion County Community Foundation: $25KUnion County CommunityFoundation$25KParkinson Voice Project: $10KParkinson Voice Project$10KFood Bank of Northeast Arkansas: $1KFood Bank of NortheastArkansas$1K

The largest 2025 recipient was University of Arkansas ($60K). Together the top 5 received $121K.

Grant Size Distribution

22 grants across all recorded years

16<$50K6$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 22 (73%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

Little RockEldoradoRichardsonMountain CircleJonesboro

How Madelyne M and Edward C McCarty gives

  • Giving held roughly steady from 2022 to 2025 (+1%). Method
  • In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K2 grants2019 2 grants2020 3 grants2021 4 grants2022 5 grants2023 5 grants2024 5 grants2025

From 2019 to 2025, annual grant giving ranged from $50K (2019) to $125K (2023). In 2025 it made 5 grants totaling $121K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Arkansas Little Rock, ARMedical Sciences$59,659
Arkansas Community Foundation Little Rock, ARCommunity Improvement$25,000
Union County Community Foundation Eldorado, AREducationn$25,000
Parkinson Voice Project Richardson, TXParkinson Speak Out Program$10,000
Food Bank of Northeast Arkansas Jonesboro, ARCommunity Improvement$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$683,199$76,363$148,046$120,6595$120,659$48,976$130,438
2024$697,039$59,376$142,078$115,0005$115,000$53,617$118,114
2023$779,741$57,077$151,557$125,0005$125,000$58,295$108,427
2022$875,305$104,635$148,713$120,0004$120,000$75,922$108,132
2021$919,383$45,576$111,075$86,6003$86,600$43,201$97,172
2020$984,882$58,316$123,640$100,0002—$37,302$82,745
2019$1,050,206$33,706$72,831$50,0002—$41,455$82,928

Under IRS private-foundation payout rules, Madelyne M and Edward C McCarty reported a distributable amount of $130K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Madelyne M and Edward C McCarty is led by Marth M. Wells, President since 2024 (on filings since 2019); none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Marth M. Wells

    President

    President & Treasurer → President, 2024

    On filings since 2019

    No compensation reported

  • Amy Kimmerling

    Director

    On filings since 2019

    No compensation reported

  • James Warren Murphy

    Vice President

    V.p. & Secretary → Vice President, 2024

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Madelyne M and Edward C McCarty

How much does Madelyne M and Edward C McCarty give each year?

Madelyne M and Edward C McCarty gave $121K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $115K across 5 grants.

What is Madelyne M and Edward C McCarty's typical grant size?

Madelyne M and Edward C McCarty's median grant in 2025 was $25,000, and its average grant was $24,132, across 5 grants on its 2025 IRS Form 990-PF.

Where does Madelyne M and Edward C McCarty give grants?

Madelyne M and Edward C McCarty gives mostly in Arkansas: 92% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Texas (8%). The most frequent recipient cities were Little Rock, AR (2 grants).

Does Madelyne M and Edward C McCarty give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on Madelyne M and Edward C McCarty's 2025 IRS Form 990-PF were described as general or operating support.

Who are Madelyne M and Edward C McCarty's largest grantees?

Madelyne M and Edward C McCarty's largest 2025 grantees include University of Arkansas ($59,659), Arkansas Community Foundation ($25,000) and Union County Community Foundation ($25,000), according to its 2025 IRS Form 990-PF. Together they received 91% of its itemized 2025 grant dollars.

How large is Madelyne M and Edward C McCarty?

Madelyne M and Edward C McCarty reported $683K in total assets on its 2025 IRS Form 990-PF. It paid out $121K in qualifying distributions that year, against a required minimum of $130K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

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 2019–2025.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 11, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS July 24, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Madelyne M and Edward C McCarty's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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