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Also known as: MICH SCHOLARSHIP FD
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Berndine Macmullen Tuohy University Of Michigan Student Loan Fund is a private trust based in TRAVERSE CITY, MI. The foundation received its IRS ruling in 1984. The principal officer is West Shore Bank. It holds total assets of $1.5M. Annual income is reported at $39K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Berndine Macmullen Tuohy University Of Michigan Student Loan Fund has made 10 grants totaling $215K, with a median grant of $15K. Annual giving has grown from $18K in 2020 to $48K in 2023. Grantmaking activity was highest in 2022 with $130K distributed across 4 grants. Individual grants have ranged from $6K to $50K, with an average award of $21K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
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.
Berndine Macmullen Tuohy University Of Michigan Student Loan Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in MI.
Berndine Macmullen Tuohy University Of Michigan Student Loan Fund has distributed a total of $215K across 10 grants. The median grant size is $15K, with an average of $21K. Individual grants have ranged from $6K to $50K.
Berndine Macmullen Tuohy University Of Michigan Student Loan Fund typically selects its grantees rather than accepting unsolicited proposals.
Berndine Macmullen Tuohy University Of Michigan Student Loan Fund is headquartered in TRAVERSE CITY, MI.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael B Newman | TRUST OFFICE | $0 | $0 | N/A |
Total Giving
$75K
Total Assets
$1.4M
Fair Market Value
$1.6M
Net Worth
$1.4M
Grants Paid
$48K
Contributions
N/A
Net Investment Income
$27K
Distribution Amount
N/A
Total Grants
10
Total Giving
$215K
Average Grant
$21K
Median Grant
$15K
Unique Recipients
6
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Haley K HarlandTUITION | Manistee, MI | $25K | 2023 |
| Ashley E HarrieTUITION | Manistee, MI | $15K | 2023 |
| Courtney C HaagTUITION | Manistee, MI | $8K | 2023 |
| Jaelyn B ThomasTUITION | Manistee, MI | $15K | 2022 |
| Michael J StypaTUITION | Manistee, MI | $13K | 2020 |
| Emily ThompsonTUITION | Manistee, MI | $6K | 2020 |