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Nettie Millhollon Educational Trust Estate

Historical Funder

Stanton, Texas · EIN 75-6024639 · Private foundation

Grants paid (2024)$4.2M
Organizations funded4
Typical grant$250,000
Total assets$52.4M

Half of its grants to organizations were between $50,000 and $833,844.

From the return

How to apply

The foundation filed the following application information (Form 990-PF Part XV, tax year 2024):

ContactTRUSTEES
AddressPO BOX 643, STANTON TX 79782
Phone4327562261
Form and materialsSTUDENT LOAN APPLICATION IS AVAILABLE FROM THE OFFICE IN STANTON, TX OR MILLHOLLON.COM WEBSITE. THE APPLICATION DETAILS THE INFORMATION REQUIRED. CRITERIA FOR APPROVAL OF THE STUDENT LOAN APPLICATION ARE FINANCIAL NEED, PRESENCE OF FINANCIAL ASSISTANCE FROM OTHER SOURCES, GOOD CHARACTER, EVIDENCE OF ABILITY TO LEARN AND DESIRE TO FURTHER ONE'S EDUCATION. NOT ALL APPLICANTS WILL BE APPROVED. ALL OTHER GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS ARE BY INVITATION OF THE TRUSTEES AND APPLICATION IS PROVIDED WHEN INVITED.
DeadlinesLOANS-JULY 1 FOR FALL SEMESTER. JANUARY 2 FOR SPRING SEMESTER . NO FUNDS FOR SUMMER OR GRAD SCHOOL.
RestrictionsTHE EDUCATIONAL TRUST MAKES STUDENT LOANS TO DESERVING APPLICANTS, PER ABOVE REQUIREMENTS. THE PROCEEDS OF THESE LOANS ARE TO BE USED SOLELY FOR PAYMENT OF TUITION AND REQUIRED FEES, ROOM AND BOARD AND SIMILAR LIVING EXPENSES AND FOR INSTITUTIONAL EQUIPMENT. IN ADDITION, THE EDUCATIONAL TRUST GRANTS FUNDS TO QUALIFIED CHARITABLE ORGANIZATIONS SELECTED BY THE TRUSTEES WHICH ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTIONS 501(C)(3) AND 170(C) OF THE INTERNAL REVENUE CODE WHICH ARE ESTABLISHED FOR RELIGIOUS, EDUCATIONAL OR OTHER CHARITABLE PURPOSES, WITH PRIMARY CONSIDERATION BEING GIVEN TO ORGANIZATIONS LOCATED IN MARTIN COUNTY, TX OR THOSE PROVIDING EDUCATIONAL OPPORTUNITIES FOR POST-SECONDARY EDUCATION FOR STUDENTS FROM MARTIN COUNTY, TX. ADDITIONAL GRANTS MAY BE MADE TO PROVIDE SUPPORT FOR SUPPLEMENTAL CURRICULAR AND / OR EXTRACURRICULAR PROGRAMS IN MARTIN COUNTY, TX.

Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.

What it funds

Share of grant lines on the latest return, classified from the purpose each grant states.

  • Education1

Where it gives

0% of grants went outside Texas.

Grants paid in tax year 2024

RecipientLocationPurposeAmount
Stanton Isd Education FoundationStanton, TXOperating funds$3,053,860
Grady Isd Education FoundationLenorah, TXOperating funds$833,844
Martin CountyStanton, TXCapital project$250,000
Evergreen CemeteryStanton, TXOperating funds$50,000

Giving by year

Tax yearGrants paidGrant lines
2024$4,187,7044
2023$1,010,0003

Sources

Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.