Milton & Betty Holcombe Foundation
The Milton & Betty Holcombe Foundation is a Form 990-PF private foundation based in Dallas, Texas. In filing year 2025, it reported 24 grants totaling $328,000 to charitable organizations.
Milton & Betty Holcombe Foundation at a glance
In short: Milton & Betty Holcombe Foundation gave $328K across 24 grants in 2025 (avg $14K), mostly in South Carolina. 4% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $328,000
- +24.2% vs 2024
- Grants made (2025)
- 24
- +4.3% vs 2024
- Average grant
- $13,667
- +19.1% vs 2024
- Median grant
- $5,000
- Total assets
- $247,320
- -7.8% vs 2024
- New grantees (estimate)
- 4% first-time grantees (1 of 24, 2025; small sample)
- Primary geography
- South Carolina (72% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Milton & Betty Holcombe Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 4726 Kelsey Rd, Dallas, TX 75229-6506
Phone: (214) 987-2868
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Milton & Betty Holcombe Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Central Heritage Society ($100K). Together the top 10 received $287K.
Grant Size Distribution
117 grants across all recorded years
The most common grant size was under $50K: 111 grants of 117 (95%).
Geographic Focus
Where this funder awards grants
In 2025, 72% of grant dollars went to recipients in South Carolina, 9% to the District of Columbia, 8% to Montana, 6% to Texas, and 3% to North Carolina.
Grant Distribution by State
Share of 2025 grant dollars across all 24 itemized grants.
Cities
Is Milton & Betty Holcombe Foundation open to new grantees?
4%
first-time grantees, 2025
In 2025, 1 of 24 grantees (4%) were first-time recipients. With only 24 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $10K; repeat grants $14K. How we count
Medians: $10K first-time, $5K repeat.
- 96% of 2025 grantees were also funded in 2024. Method
- Giving grew 33% from 2022 to 2025. Method
- In 2025 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $142K (2020) to $328K (2025). In 2025 it made 24 grants totaling $328K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Central Heritage Society Central, SC | General | $100,000 |
| Winthrop University Foundation Rock Hill, SC | 20K Holcombe 4K Steadley 4K Hay Scholarships | $100,000 |
| First Presbyterian Church Whitefish, MT | General | $20,000 |
| Lawrence Chapel United Methodist Central, SC | Church Maint 10000CEMETARY Fund 5000 | $15,000 |
| National Trust Historic Preservatio Washington, DC | General | $10,000 |
| Samaritans Purse Boone, NC | General | $10,000 |
| Community Foundation of TX Hill COU Kerrville, TX | Kerr County Flood Relief | $10,000 |
| American Red Cross Washington, DC | General | $8,000 |
| Salvation Army Dallas, TX | General | $8,000 |
| Daughters of American Revolution Washington, DC | Guardian Trust 10000 | $6,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $247,320 | $312,092 | $333,117 | $328,000 | 24 | $328,000 | $59,053 | $355,333 |
| 2024 | $268,345 | $144,401 | $267,011 | $264,000 | 23 | $264,000 | $65,941 | $328,603 |
| 2023 | $390,955 | $130,022 | $240,511 | $237,000 | 21 | $237,000 | $64,162 | $263,909 |
| 2022 | $500,454 | $69,554 | $249,944 | $246,000 | 25 | $246,000 | $62,911 | $236,406 |
| 2021 | $681,822 | $73,696 | $188,556 | $186,000 | 24 | $186,000 | $72,128 | $248,697 |
| 2020 | $796,715 | $545,073 | $144,939 | $142,000 | 24 | — | $57,532 | $188,103 |
Under IRS private-foundation payout rules, Milton & Betty Holcombe Foundation reported a distributable amount of $355K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for a university foundation, churches, disaster relief, historic preservation, charitable organizations, and scholarships.
Winthrop University Foundation, which received $100,000, describes its mission as supporting and enhancing Winthrop University through private funds, asset management, and volunteer leadership. Samaritan’s Purse, which received $10,000, describes itself as a nondenominational evangelical Christian organization providing spiritual and physical aid to people affected by war, poverty, natural disasters, disease, and famine.
Grantmaking
In 2025, the foundation gave $328,000 through 24 grants. Grant amounts ranged from $1,000 to $100,000, with a median of $5,000.
The largest reported grants included $100,000 each to Central Heritage Society in Central, South Carolina, for general purposes and Winthrop University Foundation in Rock Hill, South Carolina, for scholarships. Other notable grants were $20,000 to First Presbyterian Church in Whitefish, Montana, for general purposes; $15,000 to Lawrence Chapel United Methodist in Central, South Carolina, for church maintenance and its cemetery fund; and $10,000 each to National Trust for Historic Preservation in Washington, DC, for general purposes, Samaritan’s Purse in Boone, North Carolina, for general purposes, and Community Foundation of the Texas Hill Country in Kerrville, Texas, for Kerr County flood relief.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Milton W. Holcombe, Betty M. Holcombe, Kathryn Holcombe Wheeler, and Karen Holcombe as directors.
Milton & Betty Holcombe Foundation's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Betty M. Holcombe
Director
On filings since 2020
No compensation reported
Karen Holcombe
Director
On filings since 2020
No compensation reported
Kathryn Holcombe Wheeler
Director
On filings since 2020
No compensation reported
Milton W. Holcombe
Director
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Milton & Betty Holcombe Foundation
How much does Milton & Betty Holcombe Foundation give each year?
Milton & Betty Holcombe Foundation gave $328K across 24 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $264K across 23 grants.
What is Milton & Betty Holcombe Foundation's typical grant size?
Milton & Betty Holcombe Foundation's median grant in 2025 was $5,000, and its average grant was $13,667, across 24 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Milton & Betty Holcombe Foundation that year got $10K on average.
Where does Milton & Betty Holcombe Foundation give grants?
Milton & Betty Holcombe Foundation gives mostly in South Carolina: 72% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (9%) and Montana (8%). The most frequent recipient cities were Central, SC (4 grants), Washington, DC (4 grants) and Whitefish, MT (2 grants).
Does Milton & Betty Holcombe Foundation give general operating support?
Yes: 79% of Milton & Betty Holcombe Foundation's 2025 grants with a stated purpose (19 of 24) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Milton & Betty Holcombe Foundation's largest grantees?
Milton & Betty Holcombe Foundation's largest 2025 grantees include Central Heritage Society ($100,000), Winthrop University Foundation ($100,000) and First Presbyterian Church ($20,000), according to its 2025 IRS Form 990-PF. Together they received 67% of its itemized 2025 grant dollars.
How large is Milton & Betty Holcombe Foundation?
Milton & Betty Holcombe Foundation reported $247K in total assets on its 2025 IRS Form 990-PF. It paid out $328K in qualifying distributions that year, against a required minimum of $355K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Milton & Betty Holcombe Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included support for a university foundation, churches, disaster relief, historic preservation, charitable organizations, and scholarships. See mission & focus areas ↑
How do I apply for a grant from Milton & Betty Holcombe Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2020–2025.
Does Milton & Betty Holcombe Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 8, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 30, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 22, 2026)
- IRS filings on file for fiscal years 2020–2025
Explore Open Grants
Browse active grant opportunities in Milton & Betty Holcombe Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Milton & Betty Holcombe Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/milton-and-betty-holcombe-foundation-morg_4f791e8e69aa40ecbe894197bbea94fd
BibTeX
@misc{grantable_752570821_2026,
author = {{Grantable}},
title = {{Milton \& Betty Holcombe Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/milton-and-betty-holcombe-foundation-morg_4f791e8e69aa40ecbe894197bbea94fd},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Milton & Betty Holcombe Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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