Margaret M Grow Charitable Foundati

Private foundation · Grantmaker Byhalia, MS EIN: 20-6149518

MARGARET M GROW CHARITABLE FOUNDATI is a private foundation based in Byhalia, Mississippi. Its 2025 filing reports grants to charitable organizations, with the listed grants supporting cemetery, arts, cultural, and business benevolence activities.

Key facts about Margaret M Grow Charitable Foundati

In short: Margaret M Grow Charitable Foundati gave $82K across 13 grants in 2025 (avg $6K), mostly in Mississippi. 23% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
20-6149518
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$82,300
Grants made (2025)
13
Average grant
$6,331
Median grant
$4,000
New grantees (estimate)
23% first-time grantees (3 of 13, 2025)
Total assets
$644,591
Primary geography
Mississippi (89% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$645K

-4.5% YoY

Annual Giving

$82K

+7.2% YoY

Grant Count

13

-7.1% YoY

Avg Grant Size

$6K

+15.4% YoY

Under IRS private-foundation payout rules, Margaret M Grow Charitable Foundati reported a distributable amount of $84K for 2025 — the minimum it must pay out in qualifying distributions.

Is Margaret M Grow Charitable Foundati open to new grantees?

23%

first-time grantees, 2025

In 2025, 3 of 13 grantees (23%) were first-time recipients. First grants averaged $7K; repeat grants $6K. How we count

Medians: $6K first-time, $3K repeat.

  • 77% of 2025 grantees were also funded in 2024. Method
  • Giving grew 33% from 2022 to 2025. Method
  • In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s 2024 filing describes its direct charitable activity as “cemetery, arts, cultural and business benevolence.” Its 2025 grants included support for churches, cemeteries, arts and business organizations, conservation and wildlife groups, and other charitable organizations.

Among its grantees, Catch-A-Dream Foundation describes its mission as granting once-in-a-lifetime outdoor experiences to children 18 years old or younger with a life-threatening illness. Memphis Scottish Rite Foundation says it assists in supporting a children’s speech disorder clinic at the University of Tennessee Center for the Health Sciences. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In filing year 2025, the foundation reported 13 grants totaling $82,300. Grant amounts ranged from $800 to $20,250, with a median of $4,000. All listed grant purposes were “general operations.”

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Geographic Focus

Where this funder awards grants

In 2025, 89% of grant dollars went to recipients in Mississippi and 11% to recipients in Tennessee. The listed grants show support for organizations in both states.

Grant Distribution by State

4states

Share of all 13 itemized 2025 grant dollars.

Cities

ByhaliaHernandoMemphisJacksonStonevilleOxfordStarkvilleMississippi StateEdgefieldMeriianTampaTupelo

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K13 grants202012 grants202111 grants202213 grants202314 grants202413 grants2025

From 2020 to 2025, annual grant giving ranged from $46K (2020) to $82K (2025). In 2025 it made 13 grants totaling $82K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Emory Methodist Church: $20KEmory Methodist Church$20KMs Forestry Foundation: $13KMs Forestry Foundation$13KSave a Life of Lafayette Cnty: $13KSave a Life of Lafayette Cnty$13KCatch-a-Dream Foundation: $10KCatch-a-Dream Foundation$10KSt Jude Childrens Research Hosp: $6KSt Jude Childrens ResearchHosp$6KByhalia Area Arts Council: $5KByhalia Area Arts Council$5KEmory Methodist Cemetery: $4KEmory Methodist Cemetery$4KMs Fish & Wildlife Foundation: $3KMs Fish & Wildlife Foundation$3KMemphis Scottish Rite Foundation: $3KMemphis Scottish RiteFoundation$3KByhalia Area Chamber of Commerce: $2KByhalia Area Chamber ofCommerce$2K

The largest 2025 recipient was Emory Methodist Church ($20K). Together the top 10 received $78K.

Grant Size Distribution

63 grants across all recorded years

63<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 63 grants of 63 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Emory Methodist Church Byhalia, MSGeneral Operations$20,250
Ms Forestry Foundation Jackson, MSGeneral Operations$12,500
Save a Life of Lafayette Cnty Oxford, MSGeneral Operations$12,500
Catch-a-Dream Foundation Starkville, MSGeneral Operations$10,250
St Jude Childrens Research Hosp Memphis, TNGeneral Operations$6,000
Byhalia Area Arts Council Byhalia, MSGeneral Operations$5,000
Emory Methodist Cemetery Byhalia, MSGeneral Operations$4,000
Ms Fish & Wildlife Foundation Stoneville, MSGeneral Operations$2,500
Memphis Scottish Rite Foundation Memphis, TNGeneral Operations$2,500
Byhalia Area Chamber of Commerce Byhalia, MSGeneral Operations$2,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $644,591 $88,866 $114,963 $82,300
2024 $674,919 $64,182 $108,578 $76,800
2023 $724,298 $46,592 $101,581 $71,500
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K202020212022202320242025
Metric202520242023
Total Assets$644,591$674,919$724,298
Revenue$88,866$64,182$46,592
Expenses$114,963$108,578$101,581
Qualifying Distributions$82,300$76,800$71,500
Net Investment Income$75,803$37,793$35,724
Distributable Amount$84,432$77,546$68,829

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 19, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS June 1, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 18, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 31, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 1, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Floyd Hobbs Jr and Rita W Hobbs as trustees.

Margaret M Grow Charitable Foundati's 2025 filing lists 2 officers; 1 of 2 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Rita W. Hobbs

    Trustee

    On filings since 2022

    $26K (2022) → $30K (2025)

  • Floyd Hobbs Jr.

    Trustee

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Rita W Hobbs — Trustee: $30KRita W HobbsTrustee$30K

The highest reported compensation on the 2025 filing was $30K, to Rita W Hobbs (Trustee).

Contact

Mailing address: 2479 Highway 309 South, Byhalia, MS 38611
Phone: (901) 490-1541

Frequently asked questions about Margaret M Grow Charitable Foundati

How much does Margaret M Grow Charitable Foundati give each year?

Margaret M Grow Charitable Foundati gave $82K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $77K across 14 grants.

What is Margaret M Grow Charitable Foundati's typical grant size?

Margaret M Grow Charitable Foundati's median grant in 2025 was $4,000, and its average grant was $6,331, across 13 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Margaret M Grow Charitable Foundati that year got $7K on average.

Where does Margaret M Grow Charitable Foundati give grants?

Margaret M Grow Charitable Foundati gives mostly in Mississippi: 89% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (11%). The most frequent recipient cities were Byhalia, MS (4 grants), Memphis, TN (3 grants) and Hernando, MS (2 grants).

Does Margaret M Grow Charitable Foundati give general operating support?

Yes: 100% of Margaret M Grow Charitable Foundati's 2025 grants with a stated purpose (13 of 13) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Margaret M Grow Charitable Foundati's largest grantees?

Margaret M Grow Charitable Foundati's largest 2025 grantees include Emory Methodist Church ($20,250), Ms Forestry Foundation ($12,500) and Save a Life of Lafayette Cnty ($12,500), according to its 2025 IRS Form 990-PF. Together they received 55% of its itemized 2025 grant dollars.

How large is Margaret M Grow Charitable Foundati?

Margaret M Grow Charitable Foundati reported $645K in total assets on its 2025 IRS Form 990-PF. It paid out $82K in qualifying distributions that year, against a required minimum of $84K (roughly 5% of its investment assets).

What does Margaret M Grow Charitable Foundati fund?

The foundation’s 2024 filing describes its direct charitable activity as “cemetery, arts, cultural and business benevolence.” Its 2025 grants included support for churches, cemeteries, arts and business organizations, conservation and wildlife groups, and other charitable organizations. See mission & focus areas ↑

How do I apply for a grant from Margaret M Grow Charitable Foundati?

The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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 2020–2025.

Does Margaret M Grow Charitable Foundati accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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