The Jim & Paula Mcdonald Charitable

DULUTH, GA EIN: 58-6429849

The Jim & Paula Mcdonald Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DULUTH, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.1M in total assets. In 2024, it awarded 7 grants totaling $1.1M. Net investment income was $2.3M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$9.1M

+17.9% YoY

Annual Giving

$1.1M

+10.2% YoY

Grant Count

7

+16.7% YoY

Avg Grant Size

$156K

-5.5% YoY

Under IRS private-foundation payout rules, The Jim & Paula Mcdonald Charitable reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.

About The Jim & Paula Mcdonald Charitable

Based on IRS filings

The Jim & Paula Mcdonald Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DULUTH, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $9.1M in total assets. In 2024, it awarded 7 grants totaling $1.1M. Net investment income was $2.3M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

Cities

AtlantaAxtellBarringtonBostonCambridgeChicagoCincinnatiDallasHoustonKansas CityLexingtonMemphisMiamiNashvilleNorcrossPhoenixStaten IslandStephenvilleTampaTulsa

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$829K$2M$2M$3M20202021202220232024
Metric202420232022
Total Assets$9,133,984$7,748,385$7,883,816
Revenue$3,016,141$1,082,278$789,516
Expenses$1,351,285$1,217,709$1,084,890
Qualifying Distributions$1,218,500$1,101,963$968,660
Net Investment Income$2,291,682$339,529$282,118
Distributable Amount$1,239,244$1,090,508$1,049,773

Giving Over Time

Total grant dollars and number of grants per year

$0$280K$559K$839K$1M14 grants202015 grants202112 grants20226 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

BOSTON CHILDREN'S HOSPITAL$685KADVOCATE GOOD SHEPHERD H…$200KST XAVIER HIGH SCHOOL$200KTUNNEL TO TOWERS$3KST JUDES CHILDRENS RESEA…$3KSHRINERS CHILDRENS HOSPI…$500ALZHEIMERS ASSOCIATION$100

Grant Size Distribution

54 grants across all recorded years

41<$50K$50–100K7$100–250K1$250–500K5$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boston Children's Hospital ($685,000), Advocate Good Shepherd Hospital ($200,000), St Xavier High School ($200,000).

RecipientPurposeAmount
ADVOCATE GOOD SHEPHERD HOSPITAL BARRINGTON, ILUNRESTRICTED$200,000
BOSTON CHILDREN'S HOSPITAL BOSTON, MAUNRESTRICTED$685,000
ST XAVIER HIGH SCHOOL CINCINNATI, OHUNRESTRICTED$200,000
SHRINERS CHILDRENS HOSPITAL TAMPA, FLUNRESTRICTED$500
TUNNEL TO TOWERS STATEN ISLAND, NYUNRESTRICTED$3,000
ST JUDES CHILDRENS RESEARCH HOSPITAL MEMPHIS, TNUNRESTRICTED$3,000
ALZHEIMERS ASSOCIATION CHICAGO, ILUNRESTRICTED$100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ASHLEY M TAYLORDIRECTOR$250K

From 2024 filing

NameTitleHoursCompensation
JAMES F MCDONALDTRUSTEE1
PAULA S MCDONALDDIRECTOR1
ASHLEY M TAYLORDIRECTOR7$250,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Jim & Paula Mcdonald Charitable?

The Jim & Paula Mcdonald Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DULUTH, GA. It holds $9.1M in total assets as of 2024.

How large is The Jim & Paula Mcdonald Charitable?

As of 2024, The Jim & Paula Mcdonald Charitable holds $9.1M in total assets with $3.0M in annual revenue. It awarded 7 grants totaling $1.1M in 2024.

Where does The Jim & Paula Mcdonald Charitable operate?

The Jim & Paula Mcdonald Charitable has awarded grants in Arizona, District of Columbia, Florida, Georgia, Illinois, Kentucky, Massachusetts, Missouri, New York, Ohio, Oklahoma, Tennessee, Texas.

What size grants does The Jim & Paula Mcdonald Charitable award?

In 2024, The Jim & Paula Mcdonald Charitable awarded 7 grants totaling $1.1M — an average of about $156K per grant, based on its IRS Form 990 filings.

How much is The Jim & Paula Mcdonald Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Jim & Paula Mcdonald Charitable reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Jim & Paula Mcdonald Charitable's EIN?

The Jim & Paula Mcdonald Charitable's EIN (Employer Identification Number) is 58-6429849. 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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