Russell and Catherine Mccarty is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLOWOOD, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $98K in total assets. In 2024, it awarded 3 grants totaling $1K. Net investment income was $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$98K
+1.8% YoY
Annual Giving
$1K
-80.8% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$383.333
-87.2% YoY
Under IRS private-foundation payout rules, Russell and Catherine Mccarty reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
About Russell and Catherine Mccarty
Based on IRS filings
Russell and Catherine Mccarty is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLOWOOD, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $98K in total assets. In 2024, it awarded 3 grants totaling $1K. Net investment income was $3K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $98,174 | $96,425 | $100,463 |
| Revenue | $4,074 | $3,067 | $6,520 |
| Expenses | $2,325 | $7,105 | $9,097 |
| Qualifying Distributions | $1,510 | $6,360 | $7,320 |
| Net Investment Income | $3,259 | $2,256 | $4,743 |
| Distributable Amount | $3,306 | $3,156 | $3,706 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hinds Community College Impact Fund ($1,000), Woodville United Methodist Church ($100), Woodville Baptist Church ($50).
| Recipient | Purpose | Amount |
|---|---|---|
| HINDS COMMUNITY COLLEGE IMPACT FUND RAYMOND, MS | RELIGIOUS, CHARITABLE, EDUCATIONAL | $1,000 |
| WOODVILLE UNITED METHODIST CHURCH WOODVILLE, MS | RELIGIOUS, CHARITABLE, EDUCATIONAL | $100 |
| WOODVILLE BAPTIST CHURCH WOODVILLE, MS | RELIGIOUS, CHARITABLE, EDUCATIONAL | $50 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HARRISON RUSSELL MCCARTY | PRES/DIRECTO | — | — |
| CATHERINE W MCCARTY | SEC-TREAS/DI | — | — |
| WILLIAM B MCCARTY III | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Russell and Catherine Mccarty?
Russell and Catherine Mccarty is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FLOWOOD, MS. It holds $98K in total assets as of 2024.
How large is Russell and Catherine Mccarty?
As of 2024, Russell and Catherine Mccarty holds $98K in total assets with $4K in annual revenue. It awarded 3 grants totaling $1K in 2024.
Where does Russell and Catherine Mccarty operate?
Russell and Catherine Mccarty has awarded grants in Mississippi.
What size grants does Russell and Catherine Mccarty award?
In 2024, Russell and Catherine Mccarty awarded 3 grants totaling $1K — an average of about $383.333 per grant, based on its IRS Form 990 filings.
How much is Russell and Catherine Mccarty required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Russell and Catherine Mccarty reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Russell and Catherine Mccarty's EIN?
Russell and Catherine Mccarty's EIN (Employer Identification Number) is 64-0872807. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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