Private foundation · EIN 39-3769167 · Bentonville, Arkansas · Philanthropy & grantmaking

McMillon Family Foundation

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2025 Form 990-PF: 2 grants paid, $1.0M total, median $500K. 100% of grants stayed in Arkansas.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2025
2
$1.0M
Median grant
$500K
Stays in AR
100%
of grants
Deadline
—
Assets
$9.1M

Grants paid in 2025

2 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
University of ArkansasFayetteville, ARMcmillon innovation studio endowed fund$500K
University of ArkansasFayetteville, ARMcmillon innovation studio construction fund$500K

About this foundation

McMillon Family Foundation is a private grantmaking foundation in Bentonville, Arkansas, administered in care of Blake McMillon, tax-exempt since 2025. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does McMillon Family Foundation accept grant applications?

No. On its 2025 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does McMillon Family Foundation give each year?

In tax year 2025 it paid $1.0M across 2 grants, a median of $500K.

Where does McMillon Family Foundation give?

Arkansas (2 grants), per its latest filing.

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