The Hillcrest Foundation was established in 1958 by Mrs. W.W. Caruth, Sr. to financially support Texas charitable organizations focusing on education, health, and poverty relief. While most grants are directed towards organizations in Dallas County and the surrounding areas, the foundation supports various initiatives including construction, capital campaigns, and special projects. With three annual deadlines on February 28, July 31, and November 30, the foundation prioritizes proposals that are unique, necessary, and do not duplicate available services. Typical grant amounts range from $10,000 to $300,000, with an average of $35,000.