Martin W & Bettie J Halsell Foundation
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 grant totaling $454K. Net investment income was $14K.
Key facts about Martin W & Bettie J Halsell Foundation
In short: Martin W & Bettie J Halsell Foundation gave $454K across 1 grant in 2023 (avg $454K), mostly in Texas. Source: 2023 IRS Form 990-PF.
- EIN
- 75-6363533
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $453,841
- Grants made (2023)
- 1
- Average grant
- $453,841
- Median grant
- $453,841
- Primary geography
- Texas (100% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated September 2026.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$454K
Grant Count
1
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.
How Martin W & Bettie J Halsell Foundation gives
- Giving held roughly steady from 2020 to 2023 (−9%). Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). 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 the 2023 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $454K (2023) to $500K (2020). In 2023 it made 1 grant totaling $454K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2023
The largest 2023 recipient was Communities Foundation of Texas ($454K).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 2 (50%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Communities Foundation of Texas Dallas, TX | Assist Charitable Benevolent Inst | $453,841 |
Financial History
Multi-year comparison from IRS filings
| 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 |
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 June 29, 2021)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 21, 2024)
- IRS filings on file for fiscal years 2020–2023
Leadership & Key People
Officers and directors from IRS filings
Martin W & Bettie J Halsell Foundation's 2023 filing lists 2 officers; none of the 2 officers listed in 2023 report compensation.
Officers on the 2023 filing
Lamar C. Jackson
Trustee
On filings since 2020
1 hr/week
No compensation reported
Samuel W. Graber
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "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 Martin W & Bettie J Halsell Foundation
How much does Martin W & Bettie J Halsell Foundation give each year?
Martin W & Bettie J Halsell Foundation gave $454K across 1 grant in 2023, according to its 2023 IRS Form 990-PF.
Where does Martin W & Bettie J Halsell Foundation operate?
Martin W & Bettie J Halsell Foundation has awarded grants in Texas.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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