William Thomas & May Pitman Hennessy Foundation

Private foundation · Grantmaker Fort Smith, AR EIN: 71-6058272

WILLIAM THOMAS & MAY PITMAN is a private foundation based in Fort Smith, Arkansas. In 2024, it awarded 50 grants totaling $349,000, primarily to organizations in Arkansas.

Key facts about William Thomas & May Pitman Hennessy Foundation

In short: William Thomas & May Pitman Hennessy Foundation gave $349K across 50 grants in 2024 (avg $7K), mostly in Arkansas. 14% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
71-6058272
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$349,000
Grants made (2024)
50
Average grant
$6,980
Median grant
$3,500
New grantees (estimate)
14% first-time grantees (7 of 50, 2024)
Total assets
$6,670,901
Primary geography
Arkansas (99% of itemized 2024 grant dollars)
How to apply
Contact First National Bank Trust Department. Full details ↓
Deadline
December 1 of each year.

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.7M

+29.7% YoY

Annual Giving

$349K

+8.6% YoY

Grant Count

50

+2.0% YoY

Avg Grant Size

$7K

+6.4% YoY

Under IRS private-foundation payout rules, William Thomas & May Pitman Hennessy Foundation reported a distributable amount of $341K for 2024 — the minimum it must pay out in qualifying distributions.

Is William Thomas & May Pitman Hennessy Foundation open to new grantees?

14%

first-time grantees, 2024

In 2024, 7 of 50 grantees (14%) were first-time recipients. First grants averaged $2K; repeat grants $8K. How we count

Medians: $3K first-time, $4K repeat.

  • 84% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+6%). Method
  • In 2024 it paid out 102% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants show support for organizations working in areas including healthcare and community services. Good Samaritan Clinic describes its mission as providing medical services and medications at reasonable cost to working poor, uninsured, elderly, and homeless people. Riverview Hope Campus says it serves people experiencing homelessness and other low-income people through access to social, medical, and mental health services. Community Rescue Mission describes its work as providing food, shelter, and other help in a safe, Christian environment.

Grantmaking

In 2024, the foundation made 50 grants totaling $349,000. Awards ranged from $1,000 to $135,000, with a median grant of $3,500. The largest grant was $135,000 to Mercy Health Foundation Fort Smith. Other notable grants included $15,500 each to Good Samaritan Clinic and United Way of Fort Smith, and $10,500 each to Arkansas True Vision Children Homes, Cancer Support Foundation, and Riverview Hope Campus.

Review Cycle

December 1 of each year.

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Geographic Focus

Where this funder awards grants

The foundation’s 2024 grant dollars were reported as 99% to recipients in Arkansas and 1% to recipients in Ohio.

Grant Distribution by State

3states

Share of 2024 grant dollars across all 50 itemized grants.

Cities

Fort SmithVan BurenCharlestonSpringdaleCantonNorth CantonPigeon Forge

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K49 grants2019 45 grants2020 49 grants2021 51 grants2022 49 grants2023 50 grants2024

From 2019 to 2024, annual grant giving ranged from $292K (2019) to $349K (2024). In 2024 it made 50 grants totaling $349K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Mercy Health Foundation Fort Smith: $135KMercy Health Foundation FortSmith$135KGood Samaritan Clinic: $16KGood Samaritan Clinic$16KUnited Way of Fort Smith: $16KUnited Way of Fort Smith$16KArkansas True Vision Chldren Homes: $11KArkansas True Vision ChldrenHomes$11KCancer Support Foundation: $11KCancer Support Foundation$11KRiverview Hope Campus: $11KRiverview Hope Campus$11KNext Step Homeless Services: $8KNext Step Homeless Services$8KCommunity Dental Clinic: $6KCommunity Dental Clinic$6KCommunity Rescue Mission: $6KCommunity Rescue Mission$6KUA Fort Smith Foundation: $6KUA Fort Smith Foundation$6K

The largest 2024 recipient was Mercy Health Foundation Fort Smith ($135K). Together the top 10 received $222K.

Grant Size Distribution

244 grants across all recorded years

239<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 239 grants of 244 (98%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Mercy Health Foundation Fort Smith Fort Smith, ARGeneral$135,000
Good Samaritan Clinic Fort Smith, ARGeneral Operations$15,500
United Way of Fort Smith Fort Smith, ARGeneral Operations$15,500
Arkansas True Vision Chldren Homes Charleston, ARGeneral Operations$10,500
Cancer Support Foundation Fort Smith, ARGeneral$10,500
Riverview Hope Campus Fort Smith, ARGeneral Operations$10,500
Next Step Homeless Services Fort Smith, ARGeneral Operations$7,500
Community Dental Clinic Fort Smith, ARGeneral Operations$6,000
Community Rescue Mission Fort Smith, ARGeneral Operations$5,500
UA Fort Smith Foundation Fort Smith, ARGeneral Operations$5,500

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $6,670,901 $1,923,981 $396,255 $349,000
2023 $5,143,175 $861,439 $362,470 $321,500
2022 $4,644,206 $125,860 $382,547 $341,700
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$6,670,901$5,143,175$4,644,206
Revenue$1,923,981$861,439$125,860
Expenses$396,255$362,470$382,547
Qualifying Distributions$349,000$321,500$341,700
Net Investment Income$134,747$113,224$45,896
Distributable Amount$341,130$306,324$314,286

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS June 8, 2020)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

William Thomas & May Pitman Hennessy Foundation's only listed officer is First National Bank Trust Dept, Trustee on every filing since 2019 (uncompensated).

Officers on the 2024 filing

  • First National Bank Trust Dept

    Trustee

    On filings since 2019

    $9K (2019) → $0 (2024)

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2022 IRS filing

First National Bank Trust Dept — Trustee: $9KFirst National Bank…Trustee$9K

The highest reported compensation on the 2022 filing was $9K, to First National Bank Trust Dept (Trustee).

Contact

Application contact: First National Bank Trust Dept
Mailing address: Samuel Terry, P O Box 7, Fort Smith, AR 72902
Phone: (479) 782-2041

Frequently asked questions about William Thomas & May Pitman Hennessy Foundation

How much does William Thomas & May Pitman Hennessy Foundation give each year?

William Thomas & May Pitman Hennessy Foundation gave $349K across 50 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $322K across 49 grants.

What is William Thomas & May Pitman Hennessy Foundation's typical grant size?

William Thomas & May Pitman Hennessy Foundation's median grant in 2024 was $3,500, and its average grant was $6,980, across 50 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from William Thomas & May Pitman Hennessy Foundation that year got $2K on average.

Where does William Thomas & May Pitman Hennessy Foundation give grants?

William Thomas & May Pitman Hennessy Foundation gives mostly in Arkansas: 99% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Fort Smith, AR (45 grants) and Van Buren, AR (3 grants).

Does William Thomas & May Pitman Hennessy Foundation give general operating support?

Yes: 100% of William Thomas & May Pitman Hennessy Foundation's 2024 grants with a stated purpose (50 of 50) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are William Thomas & May Pitman Hennessy Foundation's largest grantees?

William Thomas & May Pitman Hennessy Foundation's largest 2024 grantees include Mercy Health Foundation Fort Smith ($135,000), Good Samaritan Clinic ($15,500) and United Way of Fort Smith ($15,500), according to its 2024 IRS Form 990-PF. Together they received 48% of its itemized 2024 grant dollars.

How large is William Thomas & May Pitman Hennessy Foundation?

William Thomas & May Pitman Hennessy Foundation reported $6.7M in total assets on its 2024 IRS Form 990-PF. It paid out $349K in qualifying distributions that year, against a required minimum of $341K (roughly 5% of its investment assets).

What does William Thomas & May Pitman Hennessy Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants show support for organizations working in areas including healthcare and community services. See mission & focus areas ↑

How do I apply for a grant from William Thomas & May Pitman Hennessy Foundation?

Contact First National Bank Trust Department. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is William Thomas & May Pitman Hennessy Foundation's EIN?

William Thomas & May Pitman Hennessy Foundation's EIN (Employer Identification Number) is 71-6058272. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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