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Besser Foundation is a private corporation based in ALPENA, MI. The foundation received its IRS ruling in 1944. It holds total assets of $17.4M. Annual income is reported at $11.5M. According to available records, Besser Foundation has made 70 grants totaling $3.1M, with a median grant of $20K. The foundation has distributed between $950K and $1.1M annually from 2020 to 2022. Individual grants have ranged from $1K to $260K, with an average award of $44K. The foundation has supported 26 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Besser Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 70 grants. Its grantmaking reaches organizations primarily in MI.
Besser Foundation has distributed a total of $3.1M across 70 grants. The median grant size is $20K, with an average of $44K. Individual grants have ranged from $1K to $260K.
The application deadline is REQUESTS MUST BE RECEIVED BY THE END OF THE FIRST MONTH OF EACH CALENDAR QUARTER TO BE CONSIDERED BY. PROGRAMS AND PROJECTS RELATED TO THE WELFARE OF THE CITIZENS OF ALPENA AREA ARE OF PRIMARY CONCERN AND WILL RECEIVE PRIORITY. UNLESS SPECIFICALLY REQUESTED BY A TRUSTEE, THE FOUNDATION WILL NOT CONSIDER GRANT REQUESTS FROM ORGANIZATIONS OUTSIDE OF ALPENA; NOR FOR ENDOWMENT FUNDS, TO DEFRAY MEETING OR CONFERENCE EXPENSES, OR TO PAY FOR TRAVEL OF INDIVIDUALS OR GROUPS. WE WILL NOT RELIEVE ORGANIZATIONS OR THE PUBLIC OF THEIR RESPONSIBILITIES, NOR MAKE GRANTS TO INDIVIDUALS FOR ANY PURPOSE.
Besser Foundation is headquartered in ALPENA, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ann Burton | TRUSTEE | $4K | $0 | $4K |
| Kimberly Park | TRUSTEE | $4K | $0 | $4K |
| Pete Wilson | TRUSTEE | $4K | $0 | $4K |
| Chris Mccoy | TRUSTEE | $4K | $0 | $4K |
| Gary Dawley | SECRETARY/TR | $4K | $0 | $4K |
| James C Park |
Total Giving
$957K
Total Assets
$16.4M
Fair Market Value
$16.4M
Net Worth
$16.4M
Grants Paid
$906K
Contributions
$0
Net Investment Income
$572K
Distribution Amount
$744K
Total Grants
70
Total Giving
$3.1M
Average Grant
$44K
Median Grant
$20K
Unique Recipients
26
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Child & Family ServicesOPERATING | Alpena, MI | $25K | 2022 |
| Besser MuseumOPERATING EXPENSES | Alpena, MI | $260K | 2022 |
| Boys & Girls Club Of AlpenaBUILDING | Alpena, MI | $250K | 2022 |
| My Michigan Medical Center - AlpenHEALTH | Alpena, MI | $100K | 2022 |
| Alpena Public SchoolsEXCELLENCE IN EDUCATION | Alpena, MI | $50K |
NEW YORK, NY
TOPEKA, KS
PROVIDENCE, RI
AURORA, IL
| PRESIDENT |
| $4K |
| $0 |
| $4K |
| Patricia Gardner | VICE PRESIDE | $4K | $0 | $4K |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2022 |
| Habitat For HumanityCAMPAIGN & RESTORATION | Alpena, MI | $30K | 2022 |
| Hope Shores AllianceDOMESTIC VIOLENCE PROGRAM | Alpena, MI | $27K | 2022 |
| Child Advocacy CenterOPERATIONS | Alpena, MI | $15K | 2022 |
| Alpena Community CollegeSCHOLARSHIPS | Alpena, MI | $11K | 2022 |
| Huron Pines Resource Conservation &CAPITAL IMPROVEMENTS | Gaylord, MI | $10K | 2022 |
| Thunder Bay Art CouncilOPERATIONS | Alpena, MI | $7K | 2022 |
| United Way Of Northeast MichiganDOLLY PARTON LIBRARY GRANT | Alpena, MI | $5K | 2022 |
| Case TownshipCOMMUNITY PLAYGROUND | Millersburg, MI | $5K | 2022 |
| Thunder Bay Arts CouncilOPERATIONS | Alpena, MI | $5K | 2022 |
| Friends Of Aplex CourtsPICJELBALL COURTS | Alpena, MI | $5K | 2022 |
| Council Of Michigan FoundationsOPERATIONS | Grand Haven, MI | $4K | 2022 |
| Target Alpena Development CorporatiHOUSING TASK FORCE | Alpena, MI | $2K | 2022 |
| Alpena Comm CollegeMANUFACTURING EDUCATION | Alpena, MI | $100K | 2021 |
| Friends TogetherFACILITY RENOVATIONS | Alpena, MI | $8K | 2021 |
| Hospice Of MichiganOPERATIONS | Alpena, MI | $6K | 2021 |
| Alpena Figure Skating ClubOPERATIONS | Alpena, MI | $2K | 2021 |
| Mid Michigan Medical Center - AlpenBUILDING PROJECT | Alpena, MI | $100K | 2020 |
| Friends Of TbnmsWATERFRONT IMPROVEMENT | Alpena, MI | $50K | 2020 |
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