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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. Total assets have grown from $156K in 2011 to $323K in 2024. The foundation is governed by 3 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 2018 to 2024. Grantmaking is concentrated in Michigan. 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.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$2K
Based on 6 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.
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 | N/A |
| Donald J Phillips Ii | DIRECTOR | $0 | $0 | N/A |
| David Denison | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$323K
Fair Market Value
N/A
Net Worth
$323K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| Grand Valley State UniversitySCHOLARSHIP | Allendale, MI | $2K | 2020 |
| Michigan State UniversitySCHOLARSHIP | East Lansing, MI | $2K | 2020 |
| Kamazoo CollegeSCHOLARSHIP | Kalamazoo, MI | $2K | 2020 |
| Ferris UniversitySCHOLARSHIP | Big Rapids, MI | $500 | 2020 |