Margaret M Grow Charitable Foundati
Margaret M Grow Charitable Foundati is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BYHALIA, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $675K in total assets. In 2024, it awarded 14 grants totaling $77K. Net investment income was $38K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$675K
-6.8% YoY
Annual Giving
$77K
+7.4% YoY
Grant Count
14
+7.7% YoY
Avg Grant Size
$5K
-0.3% YoY
Under IRS private-foundation payout rules, Margaret M Grow Charitable Foundati reported a distributable amount of $78K for 2024 — the minimum it must pay out in qualifying distributions.
About Margaret M Grow Charitable Foundati
Based on IRS filings
Margaret M Grow Charitable Foundati is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BYHALIA, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $675K in total assets. In 2024, it awarded 14 grants totaling $77K. Net investment income was $38K.
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 | $674,919 | $724,298 | $671,580 |
| Revenue | $64,182 | $46,592 | $36,910 |
| Expenses | $108,578 | $101,581 | $91,629 |
| Qualifying Distributions | $76,800 | $71,500 | $61,750 |
| Net Investment Income | $37,793 | $35,724 | $37,506 |
| Distributable Amount | $77,546 | $68,829 | $67,450 |
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
63 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Emory Methodist Church ($18,000), Save a Life of Lafayette County ($12,500), Ms Forestry Foundation ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EMORY METHODIST CHURCH BYHALIA, MS | GENERAL OPERATIONS | $18,000 |
| EMORY METHODIST CEMETERY BYHALIA, MS | GENERAL OPERATIONS | $4,000 |
| BYHALIA AREA ARTS COUNCIL BYHALIA, MS | GENERAL OPERATIONS | $6,000 |
| CATCH-A-DREAM FOUNDATION STARKVILLE, MS | GENERAL OPERATIONS | $10,750 |
| MS FISH & WILDLIFE FOUNDATION STONEVILLE, MS | GENERAL OPERATIONS | $2,500 |
| BYHALIA AREA CHAMBER OF COMMERCE BYHALIA, MS | GENERAL OPERATIONS | $1,000 |
| BYHALIA METHODIST CHURCH BYHALIA, MS | GENERAL OPERATIONS | $250 |
| MS FORESTRY FOUNDATION JACKSON, MS | GENERAL OPERATIONS | $12,000 |
| HOLY SPIRIT CATHOLIC CHURCH HERNANDO, MS | GENERAL OPERATIONS | $1,000 |
| SAVE A LIFE OF LAFAYETTE COUNTY OXFORD, MS | GENERAL OPERATIONS | $12,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FLOYD HOBBS JR | TRUSTEE | — | — |
| RITA W HOBBS | TRUSTEE | 8 | $28,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Margaret M Grow Charitable Foundati?
Margaret M Grow Charitable Foundati is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BYHALIA, MS. It holds $675K in total assets as of 2024.
How large is Margaret M Grow Charitable Foundati?
As of 2024, Margaret M Grow Charitable Foundati holds $675K in total assets with $64K in annual revenue. It awarded 14 grants totaling $77K in 2024.
Where does Margaret M Grow Charitable Foundati operate?
Margaret M Grow Charitable Foundati has awarded grants in Florida, Mississippi, South Carolina, Tennessee.
What size grants does Margaret M Grow Charitable Foundati award?
In 2024, Margaret M Grow Charitable Foundati awarded 14 grants totaling $77K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Margaret M Grow Charitable Foundati required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Margaret M Grow Charitable Foundati reported a distributable amount of $78K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Margaret M Grow Charitable Foundati's EIN?
Margaret M Grow Charitable Foundati's EIN (Employer Identification Number) is 20-6149518. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Margaret M Grow Charitable Foundati's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.