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Charrington Foundation is a private corporation based in BIRMINGHAM, MI. The foundation received its IRS ruling in 2014. The principal officer is Jeffrey A Ishbia. It holds total assets of $4.1M. Annual income is reported at $2.1M. Total assets have grown from $56K in 2013 to $2.4M in 2022. The foundation is governed by 4 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 2016 to 2023. According to available records, Charrington Foundation has made 3 grants totaling $1.2M, with a median grant of $429K. Annual giving has grown from $345K in 2021 to $858K in 2022. Individual grants have ranged from $345K to $429K, with an average award of $401K. 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.
Charrington Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in MI.
Charrington Foundation has distributed a total of $1.2M across 3 grants. The median grant size is $429K, with an average of $401K. Individual grants have ranged from $345K to $429K.
Charrington Foundation typically selects its grantees rather than accepting unsolicited proposals.
Charrington Foundation is headquartered in BIRMINGHAM, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeffrey A Ishbia | PRES,SEC,DIR | $0 | $0 | N/A |
| Joanne I Ishbia | TREAS,DIR | $0 | $0 | N/A |
| Justin R Ishbia | DIRECTOR | $0 | $0 | N/A |
| Mathew R Ishbia | DIRECTOR | $0 | $0 | N/A |
Total Giving
$776K
Total Assets
$2.4M
Fair Market Value
$2.4M
Net Worth
$2.4M
Grants Paid
$771K
Contributions
N/A
Net Investment Income
$93K
Distribution Amount
$142K
Total Grants
3
Total Giving
$1.2M
Average Grant
$401K
Median Grant
$429K
Unique Recipients
1
Most Common Grant
$429K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Statement 2VARIOUS | Na, MI | $429K | 2022 |