The McLaughlin Doty Foundation is a private, family foundation based in Kerrville, Texas. Established in 2011, it operates as a 501(c)(3) organization with tax-exempt status. The foundation maintains a modest operational footprint with two employees and is headquartered at 222 Sidney Baker St S Ste 201 in Kerrville.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
-26.6% YoY
Annual Giving
$600K
+1.4% YoY
Grant Count
33
-5.7% YoY
Avg Grant Size
$18K
+7.5% YoY
Mission & Focus Areas
The foundation's primary mission is to provide scholarships to students demonstrating financial need in Kerr County, Texas and the surrounding areas. Beyond scholarships, the foundation supports nonprofit and charitable organizations that strive to improve educational, artistic, community, and health opportunities for adults and children in Central Texas. To a lesser extent, the foundation supports select projects of national and international significance that promote positive change in people's lives and build and enhance the communities in which they live.
Grantmaking
The foundation is an active grantmaker, distributing $599,934 in total giving according to recent filings. In 2024, the foundation made 39 grants. Recent notable grants include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Central Texas, with particular emphasis on Kerr County. Grantmaking also extends to select projects in Texas, Colorado, and New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $1,468,720
- Total Revenues: $258,333
- Total Expenses: $789,403
- Total Liabilities: $2,520
- Investment Income and Dividends: $37,998
The foundation's expenses exceeded revenues in 2024, reflecting active grant distribution. Investment income declined 30.2% from the prior year ($54,434 in 2023 compared to $37,998 in 2024).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,468,720 | $1,999,829 | $2,882,510 |
| Revenue | $258,333 | $340,901 | $288,593 |
| Expenses | $789,403 | $780,048 | $776,195 |
| Qualifying Distributions | $643,234 | $591,780 | $559,894 |
| Net Investment Income | $221,920 | $288,355 | $271,162 |
| Distributable Amount | $126,883 | $144,436 | $173,785 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
197 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Stephanie Herman serves as Director of the foundation, with compensation of $65,000 as of October 2024.
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Contact Information
Phone: 830-315-2600
Address: 222 Sidney Baker St S Ste 201, Kerrville, TX 78028-5900
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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