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De Groote Scholarship Awards Trust 9-342179250011 is a private corporation based in DETROIT, MI. The foundation received its IRS ruling in 2002. The principal officer is Comerica Bank-Trust Tax Mc 7874. It holds total assets of $3M. Annual income is reported at $1.6M. Total assets have grown from $2.4M in 2011 to $3M in 2024. The foundation is governed by 1 officer or trustee. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. According to available records, De Groote Scholarship Awards Trust 9-342179250011 has made 5 grants totaling $1M, with a median grant of $225K. Annual giving has grown from $137K in 2020 to $225K in 2023. Grantmaking activity was highest in 2022 with $450K distributed across 2 grants. Individual grants have ranged from $137K to $225K, with an average award of $200K. Grant recipients are concentrated in Florida. 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.
De Groote Scholarship Awards Trust 9-342179250011 primarily funds organizations in the area of education. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in FL.
De Groote Scholarship Awards Trust 9-342179250011 has distributed a total of $1M across 5 grants. The median grant size is $225K, with an average of $200K. Individual grants have ranged from $137K to $225K.
De Groote Scholarship Awards Trust 9-342179250011 typically selects its grantees rather than accepting unsolicited proposals.
De Groote Scholarship Awards Trust 9-342179250011 is headquartered in DETROIT, MI.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Vincent Vanacek | CO TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3M
Fair Market Value
N/A
Net Worth
$3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$1M
Average Grant
$200K
Median Grant
$225K
Unique Recipients
1
Most Common Grant
$225K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Saint Leo University IncSCHOLARSHIPS | St Leo, FL | $225K | 2023 |