McMillon Family Foundation
McMillon Family Foundation is a private foundation, based in Bentonville, AR. IRS filing data is available for 2025. As of 2025, the organization holds $9.1M in total assets. In 2025, it awarded 2 grants totaling $1.0M. Net investment income was $64K.
Key facts about McMillon Family Foundation
In short: McMillon Family Foundation gave $1.0M across 2 grants in 2025 (avg $500K), mostly in Arkansas. Source: 2025 IRS Form 990-PF.
- EIN
- 39-3769167
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $1,000,000
- Grants made (2025)
- 2
- Average grant
- $500,000
- Median grant
- $500,000
- Total assets
- $9,063,883
- Primary geography
- Arkansas (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$9.1M
Annual Giving
$1.0M
Grant Count
2
Avg Grant Size
$500K
Under IRS private-foundation payout rules, McMillon Family Foundation reported a distributable amount of $52K for 2025 — the minimum it must pay out in qualifying distributions.
How McMillon Family Foundation gives
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 2 grants totaling $1.0M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was University of Arkansas ($1.0M across 2 grants).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $500K–1M range: 2 grants of 2 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Arkansas Fayetteville, AR | McMillon Innovation Studio Endowed Fund | $500,000 |
| University of Arkansas Fayetteville, AR | McMillon Innovation Studio Construction Fund | $500,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 |
|---|---|
| Total Assets | $9,063,883 |
| Revenue | $10,063,933 |
| Expenses | $1,000,050 |
| Qualifying Distributions | $1,000,000 |
| Net Investment Income | $63,833 |
| Distributable Amount | $51,862 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
Leadership & Key People
Officers and directors from IRS filings
McMillon Family Foundation is led by Blake McMillon, President on the 2025 filing; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Blake McMillon
President
New on the 2025 filing
1 hr/week
No compensation reported
Lauren McMillon
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Mary Catherine McMillon
Vice President
New on the 2025 filing
1 hr/week
No compensation reported
Spencer McMillon
Treasurer
New on the 2025 filing
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 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 McMillon Family Foundation
How much does McMillon Family Foundation give each year?
McMillon Family Foundation gave $1.0M across 2 grants in 2025, according to its 2025 IRS Form 990-PF.
How large is McMillon Family Foundation?
McMillon Family Foundation reported $9.1M in total assets on its 2025 IRS Form 990-PF. It paid out $1.0M in qualifying distributions that year, against a required minimum of $52K (roughly 5% of its investment assets).
Where does McMillon Family Foundation operate?
McMillon Family Foundation has awarded grants in Arkansas.
What is McMillon Family Foundation's EIN?
McMillon Family Foundation's EIN (Employer Identification Number) is 39-3769167. IRS Form 990 filing data is available on this page for 2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching McMillon Family Foundation by hand.
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