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Culhane Family Foundation is a private corporation based in CLINTON TWP, MI. The foundation received its IRS ruling in 2019. The principal officer is Janet Bruss. It holds total assets of $702K. Annual income is reported at $425K. Total assets have grown from $148K in 2019 to $533K 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 2019 to 2023. According to available records, Culhane Family Foundation has made 3 grants totaling $55K, with a median grant of $20K. Annual giving has grown from $15K in 2021 to $40K in 2022. Individual grants have ranged from $15K to $20K, with an average award of $18K. 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.
Culhane Family 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.
Culhane Family Foundation has distributed a total of $55K across 3 grants. The median grant size is $20K, with an average of $18K. Individual grants have ranged from $15K to $20K.
Culhane Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Culhane Family Foundation is headquartered in CLINTON TWP, MI.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Janet Bruss | SEC | $1K | $0 | $1K |
| Mark Zurek | TREAS | $700 | $0 | $700 |
| Brice Culhane | PRESIDENT | $0 | $0 | N/A |
Total Giving
$32K
Total Assets
$533K
Fair Market Value
$571K
Net Worth
$533K
Grants Paid
$25K
Contributions
$135K
Net Investment Income
$8K
Distribution Amount
$23K
Total: $526K
Total Grants
3
Total Giving
$55K
Average Grant
$18K
Median Grant
$20K
Unique Recipients
1
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sterling Hts Area Community FoundationIMPROVE LIFE THROUGH CULTURAL, EDUCATIONAL AND RECREATIONAL ACTIVITIES | Sterling Hts, MI | $20K | 2022 |