The McWethy Foundation
Accepts applications
The McWethy Foundation is a private foundation in Dallas, Texas. In tax year 2025 it gave $579,000 in 45 grants; the typical grant was $10,000 and the largest $50,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$579,000
- Number of grants45
- Typical grant$10,000
- Largest grant$50,000
- Assets$15.1 million
- New grantees38%
Giving in 2025 was up from $522,000 the year before.
38% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $504,600 | 1 | $12.4 million |
| 2024 | $522,000 | 34 | $13.9 million |
| 2025 | $579,000 | 45 | $15.1 million |
How to apply
| Contact | The McWethy Foundation C/O Bank of America NA 110 N W, Chicago, IL 60606 |
|---|---|
| Phone or email | (312) 828-3603 |
| What to submit | No formal application required |
What The McWethy Foundation funds
Where it gives
Its grants went to recipients in 17 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 15 | $176,500 |
| District of Columbia | 4 | $85,000 |
| Michigan | 6 | $57,500 |
| Virginia | 3 | $55,000 |
| Arizona | 2 | $55,000 |
| California | 2 | $22,500 |
| North Carolina | 1 | $20,000 |
| Tennessee | 1 | $20,000 |
| Florida | 3 | $17,500 |
| Kentucky | 1 | $15,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Cato Institute | Unrestricted general | $50,000 |
| Turning Point USA | Unrestricted general | $50,000 |
| American Transparency | Unrestricted general | $30,000 |
| The Heritage Foundation | Unrestricted general | $25,000 |
| The Heartland Institute | Unrestricted general | $25,000 |
| The Mackinac Center for Public Policy | Unrestricted general | $25,000 |
| Illinois Policy Institute | Unrestricted general | $25,000 |
| Media Research Center | Unrestricted general | $25,000 |
| Young America's Foundation | Unrestricted general | $20,000 |
| Semper Fi and America's Fund | Unrestricted general | $20,000 |
| Hillsdale College | Unrestricted general | $20,000 |
| Samaritan's Purse | Unrestricted general | $20,000 |
| St Jude Children's Research Hospital | Unrestricted general | $20,000 |
| Stephen Siller Tunnel to Towers Fdn | Unrestricted general | $15,000 |
| Disabled American Veterans | Unrestricted general | $15,000 |
| Ann & Robert Lurie Children's Hospital | Unrestricted general | $15,000 |
| Homes for Our Troops | Unrestricted general | $15,000 |
| Folds of Honor | Unrestricted general | $15,000 |
| Chapelstreet Church | Unrestricted general | $14,500 |
| The Shriners' Hospital for Children | Unrestricted general | $10,000 |
| Alzheimer's Association | Unrestricted general | $10,000 |
| Honor Flight Chicago | Unrestricted general | $10,000 |
| Illinois Pga Foundation | Unrestricted general | $10,000 |
| Ronald McDonald House Charities | Unrestricted general | $10,000 |
| State Policy Network | Unrestricted general | $10,000 |
| Pulmonary Fibrosis Foundation | Unrestricted general | $10,000 |
| Prager University Foundation | Unrestricted general | $5,000 |
| Make-A-Wish Foundation | Unrestricted general | $5,000 |
| United States Adaptive Golf Alliance | Unrestricted general | $5,000 |
| Judicial Watch | Unrestricted general | $5,000 |
| Spring Creek Horses Help Foundation | Unrestricted general | $5,000 |
| Goldwater Institute | Unrestricted general | $5,000 |
| The Smile Train | Unrestricted general | $5,000 |
| Hope International | Unrestricted general | $2,500 |
| Team Rubicon | Unrestricted general | $2,500 |
| K9S for Warriors | Unrestricted general | $2,500 |
| Therapeutic Equestrian Center | Unrestricted general | $2,500 |
| Kids Alive International | Unrestricted general | $2,500 |
| Wayside Cross Ministries | Unrestricted general | $2,500 |
| Elderday Center | Unrestricted general | $2,500 |
Officers and trustees
- Todd D McWethy
- Susan McWethy
- Gretchen Hupke
- Karen Hagnell
Questions people ask
Does The McWethy Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does The McWethy Foundation give?
$579,000 in tax year 2025, across 45 grants, with a typical grant of $10,000.
Who runs The McWethy Foundation?
Its 2025 filing lists Todd D McWethy (Director), Susan McWethy (Director), Gretchen Hupke (Director) and Karen Hagnell (Director).
What does The McWethy Foundation fund?
Based on its grants, mainly health, youth programs and science and research.