Milton Hicks Wood & Helen Gibbs Wood Charitable Trust

OVERVIEW: The Milton Hicks Wood & Helen Gibbs Wood Charitable Trust supports local human services efforts in Texas.

IP TAKE: North Texas nonprofits that provide basic need services and care for the elderly or disabled should contact this funder about grant opportunities.

PROFILE: Established in 2007, the Milton Hicks Wood & Helen Gibbs Wood Charitable Trust is a private foundation in Texas. The founding couple were modest and hardworking. Milton Wood was a Proctor & Gamble chemist, while Helen supported her husband and valued family. They funded this trust with wealth gained from Proctor & Gamble stock. Managed by Bank of America’s Texas office, the foundation funds local human services efforts in Texas.

Grants for Community Development

The Milton Hicks Wood & Helen Gibbs Wood Charitable Trust provides funding for various types of human services organizations at the local level. The funder typically awards two or three grants per year.

Grantmaking focuses on the state of Texas, where the founders resided. Grantmaking primarily targets Tarrant County and Dallas County in Texas. Past local grantees include the Special Olympics Texas, Salvation Army of Dallas-Fort Worth Metroplex Command, the Battered Women’s Foundation, and Senior Citizen Services of Greater Tarrant County.

Important Grant Details

Grants range between about $5,000 and $10,000. This foundation accepts unsolicited grant applications from nonprofits. The annual application deadline is August 1 and applicants can expect to hear back with a funding decision within about three to four months after this date. Grant seekers must use the Bank of America online system to apply for a grant. Direct general questions to the staff at tx.philanthropic@ustrust.com or 800-357-7094.

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