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Acheson Family Foundation is a private corporation based in BIRMINGHAM, MI. The foundation received its IRS ruling in 2006. The principal officer is David M Hempstead. It holds total assets of $1.5M. Annual income is reported at $325K. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in Michigan and Florida. According to available records, Acheson Family Foundation has made 19 grants totaling $375K, with a median grant of $10K. Annual giving has decreased from $270K in 2022 to $105K in 2023. Individual grants have ranged from $3K to $100K, with an average award of $20K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Michigan and Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$19K
Largest Grant
$100K
Based on 12 grants from the most recent 990-PF filing.
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.
Acheson Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in MI, IL.
Acheson Family Foundation has distributed a total of $375K across 19 grants. The median grant size is $10K, with an average of $20K. Individual grants have ranged from $3K to $100K.
Acheson Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Acheson Family Foundation is headquartered in BIRMINGHAM, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marianne Brakora | SECRETARY, TREASURER AND DIRECTOR | $0 | $0 | N/A |
| Adele F Acheson | DIRECTOR | $0 | $0 | N/A |
| Michael H Acheson | PRESIDENT AND DIRECTOR | $0 | $0 | N/A |
| Marci Deschner | DIRECTOR | $0 | $0 | N/A |
Total Giving
$126K
Total Assets
$1.6M
Fair Market Value
$1.6M
Net Worth
$1.6M
Grants Paid
$105K
Contributions
$1.3M
Net Investment Income
$550K
Distribution Amount
$58K
Total: N/A
Total Grants
19
Total Giving
$375K
Average Grant
$20K
Median Grant
$10K
Unique Recipients
8
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cranbrook Educational CommunityEDUCATIONAL | Bloomfield Hills, MI | $65K | 2023 |
| Imerman AngelsHEALTHCARE | Chicago, IL | $10K | 2023 |
| Gleaners Community Food Bank Of Southeast MichiganFOOD AVAILABILITY | Detroit, MI | $10K | 2023 |
| City YearEDUCATIONAL | Detroit, MI | $10K | 2023 |
| Brilliant DetroitEDUCATIONAL | Detroit, MI | $5K | 2023 |
| Eton AcademyEDUCATIONAL | Birmingham, MI | $3K | 2023 |
| Beyond BasicsLITERACY | Southfield, MI | $3K | 2023 |
| Math CorpsEDUCATIONAL | Birmingham, MI | $100K | 2022 |