William Thomas & May Pitman

FORT SMITH, AR EIN: 71-6058272

The William Thomas & May Pitman Hennessy Foundation is a private foundation based in Fort Smith, Arkansas. The foundation maintains significant assets and provides grant funding to nonprofits across multiple sectors, with a particular emphasis on education, human services, and community development.

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 reported a distributable amount of $341K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation's primary funding priorities include:

  • Education — including scholarships, student financial aid, and libraries
  • Human Services — including youth services, child welfare, and residential care
  • Philanthropy, Voluntarism & Grantmaking

The foundation demonstrates a commitment to supporting organizations that serve vulnerable populations, particularly children and youth in need.

Grantmaking

The foundation has provided grants to organizations including:

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Arkansas and Ohio, with a demonstrated concentration of grantmaking in the Fort Smith, Arkansas area.

Grant Distribution by State

2states

States

Cities

CantonCharlestonFort SmithNorth CantonSpringdaleVan Buren

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $6,670,901
  • Total Annual Giving: $349,000
  • Most Recent Filing: 2024
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$529K$1M$2M$2M20202021202220232024
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

Giving Over Time

Total grant dollars and number of grants per year

$0$87K$175K$262K$349K45 grants202049 grants202151 grants202249 grants202350 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MERCY HEALTH FOUNDATION …$135KGOOD SAMARITAN CLINIC$16KUNITED WAY OF FORT SMITH$16KARKANSAS TRUE VISION CHL…$11KCANCER SUPPORT FOUNDATION$11KRIVERVIEW HOPE CAMPUS$11KNEXT STEP HOMELESS SERVI…$8KCOMMUNITY DENTAL CLINIC$6KCOMMUNITY RESCUE MISSION$6KUA FORT SMITH FOUNDATION$6K

Grant Size Distribution

243 grants across all recorded years

238<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mercy Health Foundation Fort Smith ($135,000), Good Samaritan Clinic ($15,500), United Way of Fort Smith ($15,500).

RecipientPurposeAmount
ARC RIVER VALLEY FORT SMITH, ARGENERAL OPERATIONS$4,500
ARKANSAS FAMILY ALLIANCE FORT SMITH, ARGENERAL OPERATIONS$1,000
ARKANSAS SINGLE PARENT SCHOLARSHIP FORT SMITH, ARGENERAL OPERATIONS$4,500
ARTS ON MAIN VAN BUREN, ARGENERAL OPERATIONS$1,000
ABILITIES UNLIMITED VAN BUREN, ARGENERAL OPERATIONS$4,500
ANTIOCH YOUTH AND FAMILY FORT SMITH, ARGENERAL OPERATIONS$4,500
ARKANSAS TRUE VISION CHLDREN HOMES CHARLESTON, ARGENERAL OPERATIONS$10,500
BONNEVILLE HOUSE FORT SMITH, ARGENERAL$2,500
BOST FOUNDATION INC FORT SMITH, ARGENERAL OPERATIONS$2,500
BOYS SHELTER INC FORT SMITH, ARGENERAL OPERATIONS$3,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

What does William Thomas & May Pitman fund?

The foundation's primary funding priorities include: • **Education** — including scholarships, student financial aid, and libraries • **Human Services** — including youth services, child welfare, and residential care • **Philanthropy, Voluntarism & Grantmaking** The foundation demonstrates a commitment to supporting organizations that serve vulnerable populations, particularly children and youth in need.

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

**Financial Capacity:** • Total assets: $6,670,901 • Total annual giving: $349,000 • Typical grant awards: $1,000–$135,000 **Recent Grant Activity:** The foundation has provided grants to organizations including: • Boys Home / Boys Shelter Inc: $3,000 (General Operations, 2023) • Casa of Sebastian County: $3,000 (General Operations, 2023) • The Fort Smith Chorale Association: $1,500 (General Operations, 2023)

Where does William Thomas & May Pitman make grants?

The foundation primarily funds organizations in **Arkansas and Ohio**, with a demonstrated concentration of grantmaking in the Fort Smith, Arkansas area.

What size grants does William Thomas & May Pitman award?

In 2024, William Thomas & May Pitman awarded 50 grants totaling $349K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is William Thomas & May Pitman required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, William Thomas & May Pitman reported a distributable amount of $341K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is William Thomas & May Pitman's EIN?

William Thomas & May Pitman's EIN (Employer Identification Number) is 71-6058272. IRS Form 990 filing data is available on this page for 2020–2024.

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

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