Amical Foundation is a private corporation based in DALLAS, TX. The foundation received its IRS ruling in 1999. The principal officer is % Donald J Phillips. It holds total assets of $323K. Annual income is reported at $72K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Amical Foundation has made 12 grants totaling $77K, with a median grant of $5K. Annual giving has grown from $14K in 2020 to $17K in 2023. Grantmaking activity was highest in 2022 with $45K distributed across 4 grants. Individual grants have ranged from $500 to $18K, with an average award of $6K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Amical Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in MI.
Amical Foundation has distributed a total of $77K across 12 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $500 to $18K.
Amical Foundation typically selects its grantees rather than accepting unsolicited proposals.
Amical Foundation is headquartered in DALLAS, TX.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Judith L Sullivan | DIRECTOR | $0 | $0 | $0 |
| Donald J Phillips Ii | DIRECTOR | $0 | $0 | $0 |
| David Denison | DIRECTOR | $0 | $0 | $0 |
Total Giving
$23K
Total Assets
$351K
Fair Market Value
$372K
Net Worth
$351K
Grants Paid
$17K
Contributions
$0
Net Investment Income
$7K
Distribution Amount
$18K
Total Grants
12
Total Giving
$77K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
6
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Northwestern Michigan CollegeSCHOLARSHIP | Traverse City, MI | $9K | 2023 |
| Northwestern Michigan College FoundationSCHOLARSHIP | Traverse City, MI | $8K | 2023 |
| Kamazoo CollegeSCHOLARSHIP | Kalamazoo, MI | $2K | 2020 |
| Michigan State UniversitySCHOLARSHIP | East Lansing, MI | $2K | 2020 |
| Grand Valley State UniversitySCHOLARSHIP | Allendale, MI | $2K | 2020 |
| 2018 | 990PF | View |
| Ferris UniversitySCHOLARSHIP | Big Rapids, MI | $500 | 2020 |
HOUSTON, TX
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