Martin W & Bettie J Halsell Foundation

Private foundation · Grantmaker 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 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

1state

Share of the 2023 grant dollars on its one itemized grant.

States

Cities

Dallas

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2020 0 grants2021 0 grants2022 1 grant2023

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

Communities Foundation of Texas: $454KCommunities Foundation ofTexas$454K

The largest 2023 recipient was Communities Foundation of Texas ($454K).

Grant Size Distribution

2 grants across all recorded years

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

The most common grant size was in the $250–500K range: 1 grant of 2 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Communities Foundation of Texas Dallas, TXAssist Charitable Benevolent Inst$453,841

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023
Metric202320222021
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

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 29, 2021)
  2. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 21, 2024)
  3. 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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