Terrell Foundation First Financial Trust & Asset Mgmt
Accepts applications
Terrell Foundation First Financial Trust & Asset Mgmt is a private foundation in Stephenville, Texas. In tax year 2025 it gave $55,476 in 26 grants; the typical grant was $2,000 and the largest $5,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$55,476
- Number of grants26
- Typical grant$2,000
- Largest grant$5,000
- Assets$1.2 million
- New grantees54%
Giving in 2025 was up from $51,050 the year before.
54% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $45,550 | 23 | $1.0 million |
| 2024 | $51,050 | 22 | $1.1 million |
| 2025 | $55,476 | 26 | $1.2 million |
How to apply
| Contact | Terrel Foundation David Castleberry P O Box 998, Stephenville, TX 76401 |
|---|---|
| Phone or email | (254) 918-6265 |
| What to submit | Written application, description of organization, specific use of requested funds, and amount requested |
| Restrictions | Geographically located around erath county, Texas |
What Terrell Foundation First Financial Trust & Asset Mgmt funds
Where it gives
All of its grants went to recipients in Texas.
| State | Grants | Amount |
|---|---|---|
| Texas | 26 | $55,476 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Casa for the Cross Timbers Area | Chariable | $5,000 |
| Cross Timbers Family Services | Charitable | $5,000 |
| Wesley Foundation | Charitable | $5,000 |
| Dublin Public Library | Charitable | $4,000 |
| Erath County Master Gardeners | Charitable | $3,500 |
| Freedom in Strides | Charitable | $2,500 |
| Hope Inc | Charitable | $2,500 |
| Paluxy River Children's Advocacy Ce | Charitable | $2,500 |
| Cross Timbers Fine Arts Council | Charitable | $2,000 |
| Erath County Humane Society | Charitable | $2,000 |
| First United Methodist Tree | Charitable | $2,000 |
| Homelessness Help | Charitable | $2,000 |
| Mistletoe Hut Girl Scouts | Charitable | $2,000 |
| Raising Youth Services | Charitable | $2,000 |
| Annies Therapeutic Companions | Charitable | $1,500 |
| Clairette Community Center | Charitable | $1,500 |
| Forst United Methocist Church | Charitable | $1,500 |
| Dublin Rodeo Heritage Museum | Charitable | $1,250 |
| Dublin PTO | Educational | $1,076 |
| Erath Couty 4-H Shooting Sports | Charitable | $1,000 |
| Project 22 TX | Charitable | $1,000 |
| St Luke's Episcopal Church | Charitable | $1,000 |
| Summer Food 4 Kids | Charitaable | $1,000 |
| Texas Trails Council Boy Scouts AME | Charitable | $1,000 |
| Morgan Mill Volunteer Fire Dept | Charitable | $900 |
| Stephenville Isd | Education | $750 |
Officers and trustees
- Nicki Beth Jones
- Frank Terrell
- Penny Elliott
- Alisa T Starbird
- Gary Sult
- William Kendall Nix
Questions people ask
Does Terrell Foundation First Financial Trust & Asset Mgmt accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Terrell Foundation First Financial Trust & Asset Mgmt give?
$55,476 in tax year 2025, across 26 grants, with a typical grant of $2,000.
Who runs Terrell Foundation First Financial Trust & Asset Mgmt?
Its 2025 filing lists Nicki Beth Jones (Chairperson), Frank Terrell (Trustee), Penny Elliott (Trustee) and Alisa T Starbird (Trustee) among 6 officers and trustees.
What does Terrell Foundation First Financial Trust & Asset Mgmt fund?
Based on its grants, mainly youth programs, education and faith communities.