Private foundation · EIN 75-6024639 · Stanton, Texas

Nettie Millhollon Educational Trust

Should you approach them?

Yes, approach them if you're in Texas. The foundation accepts applications (Loans-july 1 for fall semester. January 2 for spring semester . No funds for sum) and its median grant is $542K.

From the 2024 Form 990-PF: 4 grants paid, $4.2M total, median $542K. 100% of grants stayed in Texas. Stated restrictions: The educational trust makes student loans to deserving applicants, per above requirements.

Accepts applications
Yes
per 990-PF Part XV
Grants paid, 2024
4
$4.2M
Median grant
$542K
Stays in TX
100%
of grants
Deadline
See below
Loans-july 1 for fall semester. January
Assets
$38M

How to apply

Student 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. Contact: Trustees, Po Box 643, Stanton, Tx, 4327562261 Deadlines: Loans-july 1 for fall semester. January 2 for spring semester . No funds for summer or grad school. Restrictions: The 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 or…

Quoted from Part XV of the foundation's 2024 Form 990-PF; the full text is in the filing. Confirm on the foundation's website before you write.

Grants paid in 2024

4 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Stanton Isd Education FoundationStanton, TXOperating funds$3.1M
Grady Isd Education FoundationLenorah, TXOperating funds$834K
Martin CountyStanton, TXCapital project$250K
Evergreen CemeteryStanton, TXOperating funds$50K

About this foundation

Nettie Millhollon Educational Trust is a private grantmaking foundation in Stanton, Texas, tax-exempt since 1965. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Nettie Millhollon Educational Trust accept grant applications?

Yes. On its 2024 Form 990-PF the foundation indicates it accepts applications. com website. The application details the information required. Deadlines: Loans-july 1 for fall semester. January 2 for spring semester . No funds for summer or grad school..

How much does Nettie Millhollon Educational Trust give each year?

In tax year 2024 it paid $4.2M across 4 grants, a median of $542K.

Where does Nettie Millhollon Educational Trust give?

Texas (4 grants), per its latest filing.

More foundations near Stanton that accept applications

All in Texas
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
Brown Foundation Incsince 1952 Houston, TX $84M222 grants · 2024 $50KYes $2.1B
Michael & Susan Dell Foundationsince 2000 Austin, TX $164M836 grants · 2024 $19KYes $5.4B
Houston Endowment Incsince 1938 Houston, TX $100M355 grants · 2024 $125KYes $2.4B
Moody Foundationsince 1943 Galveston, TX $121M373 grants · 2024 $70KYes $2.5B
Email me matching grants