Robert L McCarthy Charitable Trust
Robert L McCarthy Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lake St Louis, MO. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9.0M in total assets. In 2024, it awarded 4 grants totaling $3.4M. Net investment income was $467K.
Key facts about Robert L McCarthy Charitable Trust
- EIN
- 85-3138236
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $3,350,000
- Grants made (2024)
- 4
- Average grant
- $837,500
- Median grant
- $875,000
- Total assets
- $8,996,701
- Primary geography
- Missouri (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Robert L McCarthy Charitable Trust funds
By grant dollars, the top recipient states for Robert L McCarthy Charitable Trust's 4 itemized 2024 grants were Missouri (100%). The most frequent recipient cities were St Louis, MO (4 grants). 25% of grants with a stated purpose were for general or operating support. Recurring purposes include "Academic Scholorship Programs" (3 grants).
How Robert L McCarthy Charitable Trust gives
- Giving held roughly steady from 2021 to 2024 (+8%). Method
- In 2024 it paid out 721% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Robert L McCarthy Charitable Trust
- How to evaluate Robert L McCarthy Charitable Trust as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.0M
-24.3% YoY
Annual Giving
$3.4M
+235.0% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$838K
-16.3% YoY
Under IRS private-foundation payout rules, Robert L McCarthy Charitable Trust reported a distributable amount of $465K for 2024 — the minimum it must pay out in qualifying distributions.
About Robert L McCarthy Charitable Trust
Based on IRS filings
Robert L McCarthy Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lake St Louis, MO. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9.0M in total assets. In 2024, it awarded 4 grants totaling $3.4M. Net investment income was $467K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 4 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,996,701 | $11,884,664 | $12,582,520 |
| Revenue | $536,228 | $385,312 | $319,611 |
| Expenses | $3,424,191 | $1,083,168 | $2,123,223 |
| Qualifying Distributions | $3,352,261 | $1,005,805 | $2,001,391 |
| Net Investment Income | $466,798 | $307,949 | $91,887 |
| Distributable Amount | $464,902 | $562,822 | $695,147 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Maryville University ($1,000,000), St Louis University High School ($1,000,000), Loyola Academy ($750,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MARYVILLE UNIVERSITY St Louis, MO | GENERAL SCHOLARSHIP FUND TO AID IN THE RECRUITMENT AND RETENTION OF NURSING STUDENTS | $1,000,000 |
| ST LOUIS UNIVERSITY HIGH SCHOOL St Louis, MO | ACADEMIC SCHOLORSHIP PROGRAMS | $1,000,000 |
| LOYOLA ACADEMY St Louis, MO | ACADEMIC SCHOLORSHIP PROGRAMS | $750,000 |
| ROSATI-KAIN ACADEMY St Louis, MO | ACADEMIC SCHOLORSHIP PROGRAMS | $600,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jeanne Besselsen | Trustee | 0.5 | — |
| Danielle McCarthy | Trustee | 0.5 | — |
| Elizabeth McCarthy | Trustee | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Robert L McCarthy Charitable Trust?
Robert L McCarthy Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Lake St Louis, MO. It holds $9.0M in total assets as of 2024.
How large is Robert L McCarthy Charitable Trust?
As of 2024, Robert L McCarthy Charitable Trust holds $9.0M in total assets with $536K in annual revenue. It awarded 4 grants totaling $3.4M in 2024.
Where does Robert L McCarthy Charitable Trust operate?
Robert L McCarthy Charitable Trust has awarded grants in Missouri.
What size grants does Robert L McCarthy Charitable Trust award?
In 2024, Robert L McCarthy Charitable Trust awarded 4 grants totaling $3.4M — an average of about $838K per grant, based on its IRS Form 990 filings.
How much is Robert L McCarthy Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Robert L McCarthy Charitable Trust reported a distributable amount of $465K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Robert L McCarthy Charitable Trust's EIN?
Robert L McCarthy Charitable Trust's EIN (Employer Identification Number) is 85-3138236. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.