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Ckt Foundation is a private corporation based in LANSING, MI. The foundation received its IRS ruling in 2006. The principal officer is David J Ambrose Cpa. It holds total assets of $10.2M. Annual income is reported at $3.2M. Total assets have grown from $8.1M in 2011 to $10M in 2023. The foundation is governed by 3 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 2020 to 2023. According to available records, Ckt Foundation has made 3 grants totaling $1.3M, with a median grant of $465K. Annual giving has decreased from $930K in 2022 to $411K in 2023. Individual grants have ranged from $411K to $465K, with an average award of $447K. 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.
Ckt 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.
Ckt Foundation has distributed a total of $1.3M across 3 grants. The median grant size is $465K, with an average of $447K. Individual grants have ranged from $411K to $465K.
Ckt Foundation typically selects its grantees rather than accepting unsolicited proposals.
Ckt Foundation is headquartered in LANSING, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Debora A Post | PRESIDENT | $50K | $13K | $63K |
| Mary J Willett | V PRES/SEC | $0 | $0 | N/A |
| Donald Willett | TREASURER | $0 | $0 | N/A |
Total Giving
$588K
Total Assets
$10M
Fair Market Value
$10.7M
Net Worth
$10M
Grants Paid
$411K
Contributions
N/A
Net Investment Income
$777K
Distribution Amount
$498K
Total: $5.5M
Total Grants
3
Total Giving
$1.3M
Average Grant
$447K
Median Grant
$465K
Unique Recipients
1
Most Common Grant
$465K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Community Foundation For Se MichiganUNRESTRICTED GENERAL | Detroit, MI | $411K | 2023 |