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Charles W Loosemore Foundation is a private corporation based in BYRON CENTER, MI. The foundation received its IRS ruling in 1969. It holds total assets of $3.4M. Annual income is reported at $102K. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Michigan and Florida. According to available records, Charles W Loosemore Foundation has made 16 grants totaling $970K, with a median grant of $50K. Annual giving has decreased from $460K in 2020 to $250K in 2022. Individual grants have ranged from $5K to $200K, with an average award of $61K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Michigan and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$70K
Average Grant
$77K
Largest Grant
$150K
Based on 3 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.
Charles W Loosemore Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in MI, FL.
Charles W Loosemore Foundation has distributed a total of $970K across 16 grants. The median grant size is $50K, with an average of $61K. Individual grants have ranged from $5K to $200K.
Charles W Loosemore Foundation typically selects its grantees rather than accepting unsolicited proposals.
Charles W Loosemore Foundation is headquartered in BYRON CENTER, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David M Hecht | President | $0 | $0 | N/A |
| Joyce F Hecht | Director | $0 | $0 | N/A |
Total Giving
$46K
Total Assets
$3.7M
Fair Market Value
$5.1M
Net Worth
$3.7M
Grants Paid
$40K
Contributions
N/A
Net Investment Income
$84K
Distribution Amount
$226K
Total: $3.1M
Total Grants
16
Total Giving
$970K
Average Grant
$61K
Median Grant
$50K
Unique Recipients
7
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grand Valley State UniversityFurtherance of charitable purposes of recipient | Grand Rapids, MI | $100K | 2022 |
| Feeding America West MichiganFurtherance of charitable purposes of recipient | Grand Rapids, MI | $55K | 2022 |
| Artis-NaplesFurtherance of charitable purposes of recipient | Naples, FL | $50K | 2022 |
| Interlochen Center For The ArtsFurtherance of charitable purposes of recipient | Interlochen, MI | $20K | 2022 |
| Frederick Meijer GardensFurtherance of charitable purposes of recipient | Grand Rapids, MI | $10K | 2022 |
| The Blood Cancer Foundation Of MichFurtherance of charitable purposes of recipient | Farmington Hills, MI | $10K | 2022 |
| Detroit Public TheatreFurtherance of charitable purposes of recipient | Detroit, MI | $5K | 2022 |