Martin W & Bettie J Halsell Foundation

SHERMAN, TX EIN: 75-6363533

Martin W & Bettie J Halsell Foundation is a private foundation, based in SHERMAN, TX. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grants totaling $454K. Net investment income was $14K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$454K

Grant Count

Avg Grant Size

$454K

Under IRS private-foundation payout rules, Martin W & Bettie J Halsell Foundation reported a distributable amount of $20K for 2023 — the minimum it must pay out in qualifying distributions.

About Martin W & Bettie J Halsell Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $954K (100%)

States

Texas

Cities

Dallas

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	—	$439,825	$441,011
Revenue	$19,576	$1,846	$379,286
Expenses	$459,375	$7	$1,800
Qualifying Distributions	$453,841	—	—
Net Investment Income	$14,042	$1,839	$217,514
Distributable Amount	$20,020	$21,625	$10,527

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2023

Grant Size Distribution

2 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Communities Foundation of Texas ($453,841).

Recipient	Purpose	Amount
COMMUNITIES FOUNDATION OF TEXAS DALLAS, TX	ASSIST CHARITABLE BENEVOLENT INST	$453,841

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
LAMAR C JACKSON	Trustee	1	—
SAMUEL W GRABER	Trustee	1	—

Frequently Asked Questions

Where does Martin W & Bettie J Halsell Foundation operate?

Martin W & Bettie J Halsell Foundation has awarded grants in Texas.

What size grants does Martin W & Bettie J Halsell Foundation award?

In 2023, Martin W & Bettie J Halsell Foundation awarded 1 grants totaling $454K — an average of about $454K per grant, based on its IRS Form 990 filings.

How much is Martin W & Bettie J Halsell Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Martin W & Bettie J Halsell Foundation reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Martin W & Bettie J Halsell Foundation's EIN?

Martin W & Bettie J Halsell Foundation's EIN (Employer Identification Number) is 75-6363533. IRS Form 990 filing data is available on this page for 2020–2023.