The Graham and Carolyn Holloway Family
The Graham and Carolyn Holloway Family Foundation is a private foundation established in 1995 by Graham and Carolyn Holloway. Based in North Central Texas with a mailing address in Colleyville, the foundation operates as a 501(c)(3) organization dedicated to enhancing quality of life in their communities through strategic philanthropic giving.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.5M
+43.4% YoY
Annual Giving
$914K
+15.4% YoY
Grant Count
1
-98.7% YoY
Avg Grant Size
$914K
+9016.9% YoY
Under IRS private-foundation payout rules, The Graham and Carolyn Holloway Family reported a distributable amount of $512K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission is to enhance the quality of life for people in their communities regardless of race, gender, sexual orientation, or religion through three primary focus areas:
- Creative Expression: Supporting opportunities for children from under-resourced communities to express their inherent creativity
- Workforce Development: Providing a holistic and comprehensive approach to financial security for working families
- Youth Mentorship: Offering avenues for youth to work with trusted advisors to explore their life goals through one-on-one mentorship relationships
The foundation's approach is rooted in the personal experiences of its founders. Graham Holloway, born during the Great Depression, overcame financial hardship through leadership and determination to build success in the mutual fund business. Carolyn Holloway turned to the arts during her childhood in North Carolina. Both founders believed deeply in the principles of generosity, with Graham's philosophy captured in his saying: "You'll never have what you need unless you share what you have." Their legacy of giving began on their wedding day in 1955, long before the foundation's formal establishment.
Grantmaking
The foundation provides both program and operating support grants to nonprofit partners. Recent grant activity shows:
Grant Range
**: Typical awards range from $2,500 to $914,000
How to Apply
**: The foundation accepts grant applications with published eligibility requirements and submission guidelines available through their website
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Texas, with particular focus on North Central Texas. However, recent activity indicates broader geographic reach, including support for organizations in New Hampshire and Tennessee.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $9,395,551
- Total Revenues: $554,971
- Total Expenses: $1,048,507
- Total Liabilities: $6,820
- Number of Employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,477,233 | $9,395,551 | $9,884,491 |
| Revenue | $3,517,749 | $554,971 | $942,217 |
| Expenses | $1,326,295 | $1,048,507 | $1,017,270 |
| Qualifying Distributions | $1,301,907 | $792,000 | $776,000 |
| Net Investment Income | $1,517,359 | $402,250 | $911,618 |
| Distributable Amount | $511,533 | $526,136 | $565,191 |
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 2024
Grant Size Distribution
201 grants across all recorded years
Open Grants
1 open opportunity from The Graham and Carolyn Holloway Family
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Grant Statement ($914,000).
| Recipient | Purpose | Amount |
|---|---|---|
| See Grant Statement Colleyville, TX | See Grant Statement | $914,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Carolyn G Holloway | Trustee | 1.25 | — |
| Valerie Holloway Skinner | Chairman | 10 | — |
| Betsy Heimburger | Trustee | 1.25 | — |
| Ellen Ward | Treasurer | 1.25 | — |
| Susan Heimburger West | Secretary | 1.25 | — |
| Jacob Skinner | Trustee | 1.25 | — |
| Cresson Haugland | Co-Chair | 1.25 | — |
| Scott Holloway | Trustee | 1.25 | — |
Recent News & Activity
Recent developments and announcements
The foundation has demonstrated significant recent philanthropic activity:
Donated $1 million to the Foundation for New Hampshire Community Colleges
Holloway Family Donates $1M to Foundation for NH Community Colleges | TheProvided grant support to Rejoice School of Ballet in Tennessee to further their mission
New Grants from Tennessee Arts Commission and Holloway Family Foundation\Carolyn Holloway was recognized as Citizen of the Year in 2017
Citizen of the Year 2017: Carolyn Holloway - Advocate News TXSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Graham and Carolyn Holloway Family fund?
The foundation's mission is to enhance the quality of life for people in their communities regardless of race, gender, sexual orientation, or religion through three primary focus areas: • **Creative Expression**: Supporting opportunities for children from under-resourced communities to express their inherent creativity • **Workforce Development**: Providing a holistic and comprehensive approach to financial security for working families • **Youth Mentorship**: Offering avenues for youth to work…
How do I apply for a grant from The Graham and Carolyn Holloway Family?
The foundation provides both program and operating support grants to nonprofit partners. Recent grant activity shows: • **2023 Grant Activity**: Made 76 grants totaling approximately $547,500 • **Recent Notable Grants** (2023): • My Possibilities: $25,000 (Disability Services) • Big Thought: $15,000 (Educational) • Corner To Corner: $15,000 (Workforce Development) • **Grant Range**: Typical awards range from $2,500 to $914,000 • **Application Process**: The foundation accepts grant applications…
Where does The Graham and Carolyn Holloway Family make grants?
The foundation primarily funds organizations in Texas, with particular focus on North Central Texas. However, recent activity indicates broader geographic reach, including support for organizations in New Hampshire and Tennessee.
What size grants does The Graham and Carolyn Holloway Family award?
In 2024, The Graham and Carolyn Holloway Family awarded 1 grants totaling $914K — an average of about $914K per grant, based on its IRS Form 990 filings.
How much is The Graham and Carolyn Holloway Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Graham and Carolyn Holloway Family reported a distributable amount of $512K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Graham and Carolyn Holloway Family's EIN?
The Graham and Carolyn Holloway Family's EIN (Employer Identification Number) is 75-2569765. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Graham and Carolyn Holloway Family's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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