Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
David J Koviak Foundation is a private corporation based in GROSSE POINTE FARMS, MI. The foundation received its IRS ruling in 2019. The principal officer is Robert R Lubera. It holds total assets of $319K. Annual income is reported at $76K. Total assets have decreased from $437K in 2019 to $346K 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, David J Koviak Foundation has made 3 grants totaling $67K, with a median grant of $22K. The foundation has distributed between $21K and $24K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $24K distributed across 1 grants. Individual grants have ranged from $21K to $24K, with an average award of $22K. 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.
David J Koviak 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.
David J Koviak Foundation has distributed a total of $67K across 3 grants. The median grant size is $22K, with an average of $22K. Individual grants have ranged from $21K to $24K.
David J Koviak Foundation typically selects its grantees rather than accepting unsolicited proposals.
David J Koviak Foundation is headquartered in GROSSE POINTE FARMS, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert R Lubera | President | $5K | $0 | $5K |
| David P Sutherland | Secretary | $5K | $0 | $5K |
| Mary E Lubera | Treasurer | $5K | $0 | $5K |
Total Giving
$46K
Total Assets
$346K
Fair Market Value
$400K
Net Worth
$346K
Grants Paid
$21K
Contributions
N/A
Net Investment Income
$15K
Distribution Amount
$20K
Total: N/A
Total Grants
3
Total Giving
$67K
Average Grant
$22K
Median Grant
$22K
Unique Recipients
1
Most Common Grant
$22K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGeneral Purpose | Southfield, MI | $21K | 2023 |