Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Dorothy Holden Testamentary Trust is a private trust based in DALLAS, TX. The foundation received its IRS ruling in 1968. The principal officer is Bank Of America Na. It holds total assets of $2M. Annual income is reported at $460K. Total assets have grown from $1.5M in 2011 to $2M in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. According to available records, Dorothy Holden Testamentary Trust has made 10 grants totaling $448K, with a median grant of $40K. The foundation has distributed between $80K and $160K annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $160K distributed across 4 grants. Individual grants have ranged from $250 to $114K, with an average award of $45K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Indiana and New York. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Dorothy Holden Testamentary Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in IN, NY.
Dorothy Holden Testamentary Trust has distributed a total of $448K across 10 grants. The median grant size is $40K, with an average of $45K. Individual grants have ranged from $250 to $114K.
Dorothy Holden Testamentary Trust typically selects its grantees rather than accepting unsolicited proposals.
Dorothy Holden Testamentary Trust is headquartered in DALLAS, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America | TRUSTEE | $31K | $0 | $31K |
Total Giving
$128K
Total Assets
$2M
Fair Market Value
$2.4M
Net Worth
$2M
Grants Paid
$93K
Contributions
N/A
Net Investment Income
$42K
Distribution Amount
$110K
Total Grants
10
Total Giving
$448K
Average Grant
$45K
Median Grant
$40K
Unique Recipients
2
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Presbyterian Church Usa FdnFOREIGN MISSIONARY PROJECTS | Jeffersonvlle, IN | $93K | 2024 |
| Fresh Air FundUNRESTRICTED GENERAL | New York, NY | $250 | 2024 |