Julius V & Alice G Combs Foundation
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
Share of 2024 grant dollars across all 7 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2024 recipient was Art in Motion ($5K). Together the top 7 received $20K.
Grant Size Distribution
43 grants across all recorded years
The most common grant size was under $50K: 42 grants of 43 (98%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Art in Motion Detroit, MI | Charitable Contribution | $5,000 |
| Greg Kelser Franklin, MI | Charitable Donation | $5,000 |
| Money Matters for Youth Detroit, MI | Charitable Donation | $5,000 |
| Optimist International Foundation Louis, MO | Charitable Donation | $2,500 |
| Brazeal Dennard Chorale Southfield, MI | Charitable Contribution | $1,000 |
| Children's Center Detroit, MI | Charitable Donation | $1,000 |
| Durfee American Girls Reading Club Detroit, MI | Charitable Contribution | $500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 20, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 23, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- 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.
Here's the math on researching Julius V & Alice G Combs Foundation by hand.
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