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Charis Foundation Inc. is a private corporation based in PLYMOUTH, MI. The foundation received its IRS ruling in 2016. The principal officer is Kevin Ruark. It holds total assets of $16.6M. Annual income is reported at $1.3M. Total assets have grown from $1 in 2015 to $16.6M in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of international. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Charis Foundation Inc. has made 11 grants totaling $423K, with a median grant of $15K. Annual giving has grown from $12K in 2020 to $266K in 2022. Individual grants have ranged from $3K to $130K, with an average award of $38K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Michigan and Illinois. 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.
Charis Foundation Inc. primarily funds organizations in the area of international. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in MI, IL.
Charis Foundation Inc. has distributed a total of $423K across 11 grants. The median grant size is $15K, with an average of $38K. Individual grants have ranged from $3K to $130K.
Charis Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Charis Foundation Inc. is headquartered in PLYMOUTH, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Janice Ruark | President/Director | $81K | $0 | $81K |
| Jamin Ruark | VP/Director | $0 | $0 | $0 |
| Breanna Saagman | Treasurer/Director | $0 | $0 | $0 |
| Matthew Saagman | Secretary/Director | $0 | $0 | $0 |
Total Giving
N/A
Total Assets
$16.6M
Fair Market Value
N/A
Net Worth
$-3,087,412
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
11
Total Giving
$423K
Average Grant
$38K
Median Grant
$15K
Unique Recipients
3
Most Common Grant
$4K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dream CenterContribution | Pontiac, MI | $3K | 2022 |
| New City KidsContributions | Grand Rapids, MI | $110K | 2022 |
| Woliso Kale Heywet ChurchContributions | Chicago, IL | $20K | 2022 |
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