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

+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

Arkansas $1.6M (99%)

Ohio $11K (1%)

States

Arkansas Ohio

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

Metric	2024	2023	2022
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

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

243 grants across all recorded years

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).

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