Milton & Betty Holcombe Foundation
Milton & Betty Holcombe Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $268K in total assets. In 2024, it awarded 23 grants totaling $264K. Net investment income was $66K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$268K
-31.4% YoY
Annual Giving
$264K
+11.4% YoY
Grant Count
23
+9.5% YoY
Avg Grant Size
$11K
+1.7% YoY
Under IRS private-foundation payout rules, Milton & Betty Holcombe Foundation reported a distributable amount of $329K for 2024 — the minimum it must pay out in qualifying distributions.
About Milton & Betty Holcombe Foundation
Based on IRS filings
Milton & Betty Holcombe Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $268K in total assets. In 2024, it awarded 23 grants totaling $264K. Net investment income was $66K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $268,345 | $390,955 | $500,454 |
| Revenue | $144,401 | $130,022 | $69,554 |
| Expenses | $267,011 | $240,511 | $249,944 |
| Qualifying Distributions | $264,000 | $237,000 | $246,000 |
| Net Investment Income | $65,941 | $64,162 | $62,911 |
| Distributable Amount | $328,603 | $263,909 | $236,406 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
117 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Central Heritage Society ($100,000), Winthrop University Foundation ($28,000), First Presbyterian Church ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTRAL HERITAGE SOCIETY CENTRAL, SC | GENERAL | $100,000 |
| AMERICAN RED CROSS WASHINGTON, DC | GENERAL | $15,000 |
| WINTHROP UNIVERSITY FOUNDATION ROCK HILL, SC | 20K HOLCOMBE 4K STEADLEY 4K HAY SCHOLARSHIPS | $28,000 |
| SALVATION ARMY DALLAS, TX | GENERAL | $15,000 |
| LAWRENCE CHAPEL UNITED METHODIST CENTRAL, SC | CHURCH MAINT 10000CEMETARY FUND 5000 | $15,000 |
| DAUGHTERS OF AMERICAN REVOLUTION WASHINGTON, DC | GUARDIAN TRUST 10000 | $10,000 |
| JAMES F BYRNES FOUNDATION COLUMBIA, SC | GENERAL | $5,000 |
| FIRST PRESBYTERIAN CHURCH WHITEFISH, MT | GENERAL | $20,000 |
| ST JOSEPHS INDIAN SCHOOL CHAMBERLAIN, SD | GENERAL | $5,000 |
| ST LABRE INDIAN SCHOOL ASHLAND, MT | GENERAL | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MILTON W HOLCOMBE | DIRECTOR | — | — |
| BETTY M HOLCOMBE | DIRECTOR | — | — |
| KATHRYN HOLCOMBE WHEELER | DIRECTOR | — | — |
| KAREN HOLCOMBE | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Milton & Betty Holcombe Foundation?
Milton & Betty Holcombe Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $268K in total assets as of 2024.
How large is Milton & Betty Holcombe Foundation?
As of 2024, Milton & Betty Holcombe Foundation holds $268K in total assets with $144K in annual revenue. It awarded 23 grants totaling $264K in 2024.
Where does Milton & Betty Holcombe Foundation operate?
Milton & Betty Holcombe Foundation has awarded grants in District of Columbia, Louisiana, Montana, North Carolina, New York, South Carolina, South Dakota, Texas.
What size grants does Milton & Betty Holcombe Foundation award?
In 2024, Milton & Betty Holcombe Foundation awarded 23 grants totaling $264K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Milton & Betty Holcombe Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Milton & Betty Holcombe Foundation reported a distributable amount of $329K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Milton & Betty Holcombe Foundation's EIN?
Milton & Betty Holcombe Foundation's EIN (Employer Identification Number) is 75-2570821. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Milton & Betty Holcombe Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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