The Jim & Paula McDonald Charitable Trus

Foundation · Grantmaker Duluth, GA EIN: 58-6429849

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

14states

Share of all 4 itemized 2025 grant dollars.

Cities

BarringtonCincinnatiBostonHoustonLexingtonStaten IslandAtlantaStephenvilleCambridgeKansas CityWashingtonChicagoMemphisMiamiNashvilleNorcrossTampaTulsaAxtellBlacksburg

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M16 grants201914 grants202015 grants202112 grants20226 grants20237 grants20244 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Boston Children's Hospital Trust: $875KBoston Children's HospitalTrust$875KAdvocate Good Shepard Hospital Trust: $200KAdvocate Good Shepard HospitalTrust$200KSt Xavier High School: $200KSt Xavier High School$200KUniversity of Kentucky: $25KUniversity of Kentucky$25K

Grant Size Distribution

44 grants across all recorded years

31<$50K$50–100K7$100–250K1$250–500K5$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
BOSTON CHILDREN'S HOSPITAL TRUST Boston, MAUNRESTRICTED$875,000
ADVOCATE GOOD SHEPARD HOSPITAL TRUST Barrington, ILUNRESTRICTED$200,000
ST XAVIER HIGH SCHOOL Cincinnati, OHUNRESTRICTED$200,000
UNIVERSITY OF KENTUCKY Lexington, KYUNRESTRICTED$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2019202020212022202320242025
Metric202520242023
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

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 11, 2021)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 25, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 31, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 26, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 29, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  8. Added Form 990-PF for fiscal year 2019 (received by the IRS May 11, 2021)
  9. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
  10. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 25, 2022)
  11. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 31, 2023)
  12. 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

Ashley Taylor — Director: $299KAshley TaylorDirector$299K

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.

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