Julius V & Alice G Combs Foundation

Private foundation · Grantmaker Detroit, MI EIN: 38-3352692

Julius V & Alice G Combs Foundation is a private foundation, based in Detroit, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $208K in total assets. In 2024, it awarded 7 grants totaling $20K. Net investment income was $7K.

Key facts about Julius V & Alice G Combs Foundation

In short: Julius V & Alice G Combs Foundation gave $20K across 7 grants in 2024 (avg $3K), mostly in Michigan. Source: 2024 IRS Form 990-PF.

EIN
38-3352692
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$20,000
Grants made (2024)
7
Average grant
$2,857
Median grant
$2,500
Total assets
$208,077
Primary geography
Michigan (88% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$208K

+0.4% YoY

Annual Giving

$20K

-75.9% YoY

Grant Count

7

-41.7% YoY

Avg Grant Size

$3K

-58.7% YoY

How Julius V & Alice G Combs Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+7%). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

DetroitFranklinLouisSouthfieldJacksonRoyal OakBeverly HillsCommerce TownshipDetyroitHarper WoodsLansingLathrup VillageTroyVirginia BeachZeeland

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K7 grants2020 7 grants2021 10 grants2022 12 grants2023 7 grants2024

From 2020 to 2024, annual grant giving ranged from $19K (2021) to $83K (2023). In 2024 it made 7 grants totaling $20K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Art in Motion: $5KArt in Motion$5KGreg Kelser: $5KGreg Kelser$5KMoney Matters for Youth: $5KMoney Matters for Youth$5KOptimist International Foundation: $3KOptimist InternationalFoundation$3KBrazeal Dennard Chorale: $1KBrazeal Dennard Chorale$1KChildren's Center: $1KChildren's Center$1KDurfee American Girls Reading Club: $500Durfee American Girls ReadingClub$500

The largest 2024 recipient was Art in Motion ($5K). Together the top 7 received $20K.

Grant Size Distribution

43 grants across all recorded years

42<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 42 grants of 43 (98%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Art in Motion Detroit, MICharitable Contribution$5,000
Greg Kelser Franklin, MICharitable Donation$5,000
Money Matters for Youth Detroit, MICharitable Donation$5,000
Optimist International Foundation Louis, MOCharitable Donation$2,500
Brazeal Dennard Chorale Southfield, MICharitable Contribution$1,000
Children's Center Detroit, MICharitable Donation$1,000
Durfee American Girls Reading Club Detroit, MICharitable Contribution$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$208,077$207,205$245,644
Revenue$14,767$22,477$13,703
Expenses$22,378$84,569$28,449
Qualifying Distributions$20,000$83,000$28,190
Net Investment Income$6,774$7,795$10,160

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 20, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 23, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Julius V & Alice G Combs Foundation is led by Alice G. Combs, President since 2023 (on filings since 2020); none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Alice G. Combs

    President

    Vice President & Secretary → President, 2023

    On filings since 2020

    No compensation reported

  • Dan A. Wolfington

    Vice President & Treasurer

    On filings since 2023

    No compensation reported

Former officers (1)
  • Former: Julius V. Combs (2020–2022) — President & Treasurer

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Julius V & Alice G Combs Foundation

How much does Julius V & Alice G Combs Foundation give each year?

Julius V & Alice G Combs Foundation gave $20K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $83K across 12 grants.

What is Julius V & Alice G Combs Foundation's typical grant size?

Julius V & Alice G Combs Foundation's median grant in 2024 was $2,500, and its average grant was $2,857, across 7 grants on its 2024 IRS Form 990-PF.

Where does Julius V & Alice G Combs Foundation give grants?

Julius V & Alice G Combs Foundation gives mostly in Michigan: 88% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Missouri (13%). The most frequent recipient cities were Detroit, MI (4 grants).

Who are Julius V & Alice G Combs Foundation's largest grantees?

Julius V & Alice G Combs Foundation's largest 2024 grantees include Art in Motion ($5,000), Greg Kelser ($5,000) and Money Matters for Youth ($5,000), according to its 2024 IRS Form 990-PF. Together they received 75% of its itemized 2024 grant dollars.

How large is Julius V & Alice G Combs Foundation?

Julius V & Alice G Combs Foundation reported $208K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $15K.

What is Julius V & Alice G Combs Foundation's EIN?

Julius V & Alice G Combs Foundation's EIN (Employer Identification Number) is 38-3352692. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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