The Jim & Paula McDonald Charitable Trus
The Jim & Paula McDonald Charitable Trus is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Duluth, GA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $12.0M in total assets. In 2025, it awarded 4 grants totaling $1.3M. Net investment income was $2.0M.
Key facts about The Jim & Paula McDonald Charitable Trus
In short: The Jim & Paula McDonald Charitable Trus gave $1.3M across 4 grants in 2025 (avg $325K), mostly in Massachusetts. Source: 2025 IRS Form 990-PF.
- EIN
- 58-6429849
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $1,300,000
- Grants made (2025)
- 4
- Average grant
- $325,000
- Median grant
- $200,000
- Total assets
- $12,022,252
- Primary geography
- Massachusetts (67% 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
$12.0M
+31.6% YoY
Annual Giving
$1.3M
+19.1% YoY
Grant Count
4
-42.9% YoY
Avg Grant Size
$325K
+108.4% YoY
Under IRS private-foundation payout rules, The Jim & Paula McDonald Charitable Trus reported a distributable amount of $1.5M for 2025 — the minimum it must pay out in qualifying distributions.
How The Jim & Paula McDonald Charitable Trus gives
- Giving grew 52% from 2022 to 2025. Method
- In 2025 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 all 4 itemized 2025 grant dollars.
States
Cities
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 2025
Grant Size Distribution
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON CHILDREN'S HOSPITAL TRUST Boston, MA | UNRESTRICTED | $875,000 |
| ADVOCATE GOOD SHEPARD HOSPITAL TRUST Barrington, IL | UNRESTRICTED | $200,000 |
| ST XAVIER HIGH SCHOOL Cincinnati, OH | UNRESTRICTED | $200,000 |
| UNIVERSITY OF KENTUCKY Lexington, KY | UNRESTRICTED | $25,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $12,022,252 | $9,133,984 | $7,748,385 |
| Revenue | $5,782,439 | $3,016,141 | $1,082,278 |
| Expenses | $1,662,642 | $1,351,285 | $1,217,709 |
| Qualifying Distributions | $1,451,565 | $1,218,500 | $1,101,963 |
| Net Investment Income | $2,031,819 | $2,291,682 | $339,529 |
| Distributable Amount | $1,474,562 | $1,239,244 | $1,090,508 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 25, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 31, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 26, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 29, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 25, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 31, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 26, 2024)
Leadership & Key People
Officers and directors from IRS filings
The Jim & Paula McDonald Charitable Trus's 2025 filing lists 3 officers; 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
Ashley M. Taylor
Director
On filings since 2019
7 hrs/week
$170K (2019) → $299K (2025)
James F. McDonald
Trustee
On filings since 2019
1 hr/week
No compensation reported
Paula S. McDonald
Director
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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
Frequently asked questions about The Jim & Paula McDonald Charitable Trus
How much does The Jim & Paula McDonald Charitable Trus give each year?
The Jim & Paula McDonald Charitable Trus gave $1.3M across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.1M across 7 grants.
What is The Jim & Paula McDonald Charitable Trus's typical grant size?
The Jim & Paula McDonald Charitable Trus's median grant in 2025 was $200,000, and its average grant was $325,000, across 4 grants on its 2025 IRS Form 990-PF.
Where does The Jim & Paula McDonald Charitable Trus give grants?
The Jim & Paula McDonald Charitable Trus gives mostly in Massachusetts: 67% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Illinois (15%) and Ohio (15%).
Does The Jim & Paula McDonald Charitable Trus give general operating support?
Yes: 100% of The Jim & Paula McDonald Charitable Trus's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is The Jim & Paula McDonald Charitable Trus?
The Jim & Paula McDonald Charitable Trus reported $12.0M in total assets on its 2025 IRS Form 990-PF. It paid out $1.5M in qualifying distributions that year, against a required minimum of $1.5M (roughly 5% of its investment assets).
What is The Jim & Paula McDonald Charitable Trus?
The Jim & Paula McDonald Charitable Trus is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Duluth, GA. It holds $12.0M in total assets as of 2025.
What is The Jim & Paula McDonald Charitable Trus's EIN?
The Jim & Paula McDonald Charitable Trus's EIN (Employer Identification Number) is 58-6429849. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Jim & Paula McDonald Charitable Trus by hand.
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