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Comerica Charitable Foundation is a private corporation based in FARMINGTON HILLS, MI. The foundation received its IRS ruling in 1998. The principal officer is Wendy Bridges. It holds total assets of $6.1M. Annual income is reported at $10.9M. Total assets have grown from $138K in 2011 to $2.8M in 2023. 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. The foundation primarily funds organizations in Michigan, California and Texas. According to available records, Comerica Charitable Foundation has made 1,799 grants totaling $18.6M, with a median grant of $5K. The foundation has distributed between $3.6M and $7.3M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $7.3M distributed across 698 grants. Individual grants have ranged from N/A to $300K, with an average award of $10K. The foundation has supported 787 unique organizations. The foundation primarily supports organizations in Michigan, California, Texas, which account for 94% of all grants. Grantmaking reaches organizations across 14 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$5K
Average Grant
$10K
Largest Grant
$300K
Based on 385 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.
Comerica Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1,799 grants. Its grantmaking reaches organizations primarily in MI, CA, TX.
Comerica Charitable Foundation has distributed a total of $18.6M across 1,799 grants. The median grant size is $5K, with an average of $10K. Individual grants have ranged from N/A to $300K.
Comerica Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Comerica Charitable Foundation is headquartered in FARMINGTON HILLS, MI. While based in MI, the foundation distributes grants to organizations across 14 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$3.7M
Total Assets
$2.8M
Fair Market Value
$2.8M
Net Worth
$2.8M
Grants Paid
$3.6M
Contributions
N/A
Net Investment Income
$228K
Distribution Amount
$236K
Total Grants
1,799
Total Giving
$18.6M
Average Grant
$10K
Median Grant
$5K
Unique Recipients
787
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Greater Dallas Momentum FoundationTomorrow Fund Contribution | Dallas, TX | $100K | 2023 |
| United Way For Southeastern MichiganDetroit Financial Well-being Innovation Challenge + Tech United | Detroit, MI | $300K | 2023 |
| Business Leaders For Michigan2023 Annual Director Contribution | Detroit, MI | $115K | 2023 |
| Los Angeles Brotherhood Crusade - Black United Fund IncMovin' On Up: Brotherhood Crusade Equitable Workforce Development Program | Los Angeles, CA | $100K | 2023 |
| Detroit Regional Partnership FoundationDetroit Regional Partnership Foundation general operations support | Detroit, MI | $100K | 2023 |
| Texas Womens Empowerment Foundation International IncTWEF Empowerment Programs | Houston, TX | $50K | 2023 |
| Working Solutions CdfiCapital and Consulting for Small Business Growth and Resilience | San Francisco, CA | $50K | 2023 |
| Techtown DetroitHatch Detroit Alumni Support | Detroit, MI | $50K | 2023 |
| The Center For Strategic Economic Studies And Institutional DevelopmentContractors Accelerator | Los Angeles, CA | $35K | 2023 |
| Ampac Tri-State Cdc IncLeap 2 Launch Accelerator Program | Ontario, CA | $35K | 2023 |
| Asian IncSmall Business Technical Assistance for LMI Limited-English Proficient Microenterprise Owners | San Francisco, CA | $30K | 2023 |
| California Association For Microenterprise OpportunityIncreasing MDO Staff Capacity to Build the Capital Pipeline | San Francisco, CA | $30K | 2023 |
| Koreatown Youth And Community Center IncCED Financial Education Programs | Los Angeles, CA | $30K | 2023 |
| Apa Family Support ServicesInvesting in Life Skills and Enhancing Wellness | San Francisco, CA | $25K | 2023 |
| Black Leaders DetroitGeneral Operating Support for Black Leaders Detroit's No-Interest Loan and Unrestricted Grant Programs | Detroit, MI | $25K | 2023 |
| Project Still I Rise IncGift of Stock - Tech - Entrepreneurship STE | Dallas, TX | $25K | 2023 |
| Neighborhood Partnership Housing Services IncPathways to Sustainable Homeownership Project | Rancho Cucamonga, CA | $25K | 2023 |
| AbilityfirstAbilityFirst Supported Employment Program | Pasadena, CA | $25K | 2023 |
| Liftfund IncGrow Smart: From Hobby to Storefront | San Antonio, TX | $25K | 2023 |
| AccessityMicrolending Program | San Diego, CA | $25K | 2023 |
| Neighborhood Recovery Community Development CorporationBuilding and Securing Futures Phase 1 | Houston, TX | $25K | 2023 |
| Pathway Capital Funding IncAccess to Capital Program A2C | West Palm Beach, FL | $25K | 2023 |
| United States Hispanic Chamber Of Commerce Educational FundEducational Fund Program Support Latinas | Washington, DC | $25K | 2023 |
| Streamlining LegacyConnected Dallas 2024 Programs | Dallas, TX | $25K | 2023 |
| Right Place FoundationDriving Prosperity for All in West Michigan | Grand Rapids, MI | $25K | 2023 |
| Texan By NatureConservation Wrangler - Hives for Heroes - Year 2 | Austin, TX | $25K | 2023 |
| The BridgepathFinancial Resilience-Education and Empowerment FREE | Bacliff, TX | $25K | 2023 |
| Chicanos Por La Causa IncPrestamos CDFI | Phoenix, AZ | $25K | 2023 |
| Ica FundCoaching Capital and Connections for Underestimated Entrepreneurs | Oakland, CA | $25K | 2023 |
| Detroit Association Of Black Organizations Inc DaboThe Roadmap | Detroit, MI | $25K | 2023 |
| Pacific Asian Consortium In EmploymentGeneral Operating for PACE Business | Los Angeles, CA | $20K | 2023 |
| The Valley Economic AllianceBusiness Assistance Program | Sherman Oaks, CA | $20K | 2023 |
| Booker T Washington Community Service CenterBooker T. Teen and TAY Success Program with Backpack Giveaway | San Francisco, CA | $20K | 2023 |
| Arab Community Center For Economic & Social Services Access2023 ACCESS Business Development Program | Dearborn, MI | $20K | 2023 |
| Wu Yee Childrens ServicesFinancial Literacy and Event Support | San Francisco, CA | $20K | 2023 |
| Community Foundation For Southeast MichiganComerica Community Economic Development Fund | Detroit, MI | $20K | 2023 |
| Small Business Development Corporation Of Orange CountyEntrepreneur Loan Fund | Santa Ana, CA | $20K | 2023 |
| Houston Womens Business Council IncWBEA EDGE | Houston, TX | $20K | 2023 |
| The Tower Foundation Of San Jose State University SjsuSJSU's SpartUp Programs - including SpartUp Incubator and Silicon Valley Small Business Development Center SV SBDC | San Jose, CA | $20K | 2023 |
| American Nonprofits IncCalifornia Racial Equity Fund | Santa Cruz, CA | $20K | 2023 |
| New Hope Housing IncNew Hope's Housing + Services | Houston, TX | $18K | 2023 |
| African American Community Services Agency42nd Annual Juneteenth Festival Business Support | San Jose, CA | $15K | 2023 |
| Arizona Hispanic Chamber Of Commerce FoundationMinority Women Starting Businesses: The DreamBuilder Project | Phoenix, AZ | $15K | 2023 |
| City Year San JoseCity Year Whole School Whole Child Program | San Joe, CA | $15K | 2023 |
| Junior Achievement Of Southern California IncJA Finance Park and JA Day | Los Angeles, CA | $15K | 2023 |
| Detroit Public Safety FoundationBrotherhood and Sisterhood Mentoring Programs | Detroit, MI | $15K | 2023 |