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Nonprofit · EIN 75-2570821

MILTON W AND BETTY M HOLCOMBE FOUNDATION

Tax-exempt · DALLAS, TX 75229

Financials

$130K$241K2023$144K$267K2024$312K$333K2025
Revenue Expenses · by fiscal year end
Financials of MILTON W AND BETTY M HOLCOMBE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$312,092$333,117-$21,025$247,320$0$247,320
December 31, 2024990-PF$144,401$267,011-$122,610$268,345$0$268,345
December 31, 2023990-PF$130,022$240,511-$110,489$390,955$0$390,955
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$64,169
Interest
$1
Net gain from sales of assets
$247,922

Expenses

Grants and similar amounts paid
$328,000
Disbursements for charitable purposes
$328,000
Excise tax on investment income
$821

Balance sheet and other

Total assets, start of year
$268,345
Total assets, end of year
$247,320
Total liabilities, end of year
$0
Net assets, end of year
$247,320
Fair market value of assets
$7,245,017
Qualifying distributions
$328,000
Net investment income
$64,170

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MILTON W HOLCOMBE
4726 KELSEY RD, DALLAS, TX 752296506
DIRECTOR0$0
BETTY M HOLCOMBE
4726 KELSEY RD, DALLAS, TX 752296506
DIRECTOR0$0
KATHRYN HOLCOMBE WHEELER
14925 HAVENSHIRE PLACE, DALLAS, TX 75254
DIRECTOR0$0
KAREN HOLCOMBE
209 GRANITE DR, WHITEFISH, MT 59937
DIRECTOR0$0
990-PF for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
MILTON W HOLCOMBE
4726 KELSEY RD, DALLAS, TX 752296506
DIRECTOR0$0
BETTY M HOLCOMBE
4726 KELSEY RD, DALLAS, TX 752296506
DIRECTOR0$0
KATHRYN HOLCOMBE WHEELER
14925 HAVENSHIRE PLACE, DALLAS, TX 75254
DIRECTOR0$0
KAREN HOLCOMBE
209 GRANITE DR, WHITEFISH, MT 59937
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
MILTON W HOLCOMBE
4726 KELSEY RD, DALLAS, TX 752296506
DIRECTOR0$0
BETTY M HOLCOMBE
4726 KELSEY RD, DALLAS, TX 752296506
DIRECTOR0$0
KATHRYN HOLCOMBE WHEELER
14925 HAVENSHIRE PLACE, DALLAS, TX 75254
DIRECTOR0$0
KAREN HOLCOMBE
209 GRANITE DR, WHITEFISH, MT 59937
DIRECTOR0$0

Address and contacts

Address (IRS master file)
4726 KELSEY RD, DALLAS, TX 75229-6506
In care of
% MILTON HOLCOMBE
Signed the 990-PF
MILTON HOLCOMBE, DIRECTOR
Phone
(214) 987-2868
Return prepared by
Justin E Way CPA PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
75-2570821
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1995
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$247,320
Income (IRS master file)
$314,034

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$312,092$333,117$247,320XML
990-PFDecember 2024$144,401$267,011$268,345XML
990-PFDecember 2023$130,022$240,511$390,955XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-2570821).

Questions about MILTON W AND BETTY M HOLCOMBE FOUNDATION

What is the EIN of MILTON W AND BETTY M HOLCOMBE FOUNDATION?
The employer identification number (EIN) of MILTON W AND BETTY M HOLCOMBE FOUNDATION is 75-2570821.
Is MILTON W AND BETTY M HOLCOMBE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to MILTON W AND BETTY M HOLCOMBE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MILTON W AND BETTY M HOLCOMBE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MILTON W AND BETTY M HOLCOMBE FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MILTON W AND BETTY M HOLCOMBE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of MILTON W AND BETTY M HOLCOMBE FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does MILTON W AND BETTY M HOLCOMBE FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $312,092, expenses of $333,117 and total assets of $247,320 at year end.

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