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Daniel J Kobasic Foundation is a private corporation based in ESCANABA, MI. The foundation received its IRS ruling in 2019. The principal officer is Todd C Lafave. It holds total assets of $31.1M. Annual income is reported at $8.6M. Total assets have grown from $349K in 2018 to $31.1M in 2024. 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 2018 to 2024. The foundation primarily funds organizations in Michigan and Wisconsin. According to available records, Daniel J Kobasic Foundation has made 88 grants totaling $4.1M, with a median grant of $8K. Annual giving has grown from $852K in 2021 to $1.1M in 2023. Grantmaking activity was highest in 2022 with $2.1M distributed across 46 grants. Individual grants have ranged from $372 to $358K, with an average award of $47K. The foundation has supported 34 unique organizations. The foundation primarily supports organizations in Michigan, California, New York, which account for 89% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$372
Median Grant
$14K
Average Grant
$43K
Largest Grant
$230K
Based on 20 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.
Daniel J Kobasic Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 88 grants. Its grantmaking reaches organizations primarily in MI, CA, NY.
Daniel J Kobasic Foundation has distributed a total of $4.1M across 88 grants. The median grant size is $8K, with an average of $47K. Individual grants have ranged from $372 to $358K.
Daniel J Kobasic Foundation typically selects its grantees rather than accepting unsolicited proposals.
Daniel J Kobasic Foundation is headquartered in ESCANABA, MI. While based in MI, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Arthur H Evans | Director | $24K | $0 | $24K |
| Todd C Lafave | Financial Manager | $9K | $0 | $9K |
| Krystal Kobasic | Director | $9K | $0 | $9K |
| Claude A Kobasic | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$31.1M
Fair Market Value
N/A
Net Worth
$31.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
88
Total Giving
$4.1M
Average Grant
$47K
Median Grant
$8K
Unique Recipients
34
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Holy Name Catholic SchoolTeacher salary support | Escanaba, MI | $352K | 2023 |
| Bay Cliff Health CampInfrastructure improvements | Big Bay, MI | $275K | 2023 |
| Delta Schoolcraft IsdConstruction of instructional building | Escanaba, MI | $195K | 2023 |
| Save UkraineRepatriation of refugees | New York, NY | $100K | 2023 |
| Pancreatic Cancer Action NetworkCancer research | Manhattan Beach, CA | $50K | 2023 |
| Escanaba Public SafetyPurchase of rescue equipment | Escanaba, MI | $24K | 2023 |
| InvestupEconomic development | Marquette, MI | $20K | 2023 |
| Lawrence UniversityScholarships | Appleton, WI | $15K | 2023 |
| University Of Notre DameScholarships | South Bend, IN | $15K | 2023 |
| Central Michigan UniversityScholarships | Mount Pleasant, MI | $13K | 2023 |
| Western Michigan UniversityScholarships | Kalamazoo, MI | $12K | 2023 |
| Bay De Noc Community CollegeScholarships | Escanaba, MI | $9K | 2023 |
| Michigan Technological UniversityScholarships | Houghton, MI | $9K | 2023 |
| The William Bonifas Fine Arts CenterCommunity outreach | Escanaba, MI | $6K | 2023 |
| Sharing NotesRoutine operations | Chicago, IL | $5K | 2023 |
| Steve Mariucci Family Beacon HouseTransportation equipment | Marquette, MI | $5K | 2023 |
| Wnmu-TvSponsorship of science programming | Marquette, MI | $4K | 2023 |
| Friends Of The Escanaba Public LibraryPurchase of library materials | Escanaba, MI | $3K | 2023 |
| University Of MichiganScholarships | Ann Arbor, MI | $3K | 2023 |
| Wnmu-Fm Public Radio 90Classical music programming | Marquette, MI | $3K | 2023 |
| Delta County Chamber Of CommerceOperational support | Escanaba, MI | $2K | 2023 |
| Osf Healthcare FoundationEstablishment of cancer treatment center | Escanaba, MI | $250K | 2022 |
| Steve Mariucci Famnily Beacon HouseProcurement of patient transport vehicle | Marquette, MI | $50K | 2022 |
| St Anthony Of Padua ParishGeneral operations | Escanaba, MI | $5K | 2022 |
| St Thomas The Apostle ParishGeneral operations | Escanaba, MI | $5K | 2022 |