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Deseranno Foundation is a private corporation based in GROSSE PT FRM, MI. The foundation received its IRS ruling in 2007. It holds total assets of $604K. Annual income is reported at $79K. Total assets have decreased from $963K in 2011 to $694K in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Michigan. According to available records, Deseranno Foundation has made 52 grants totaling $245K, with a median grant of $3K. Annual giving has grown from $46K in 2020 to $63K in 2023. Grantmaking activity was highest in 2021 with $71K distributed across 14 grants. Individual grants have ranged from $500 to $14K, with an average award of $5K. The foundation has supported 25 unique organizations. The foundation primarily supports organizations in Michigan, Colorado, Virginia, which account for 94% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$5K
Largest Grant
$14K
Based on 13 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.
Deseranno Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 52 grants. Its grantmaking reaches organizations primarily in MI, CO, VA.
Deseranno Foundation has distributed a total of $245K across 52 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $500 to $14K.
The application deadline is SUBMISSION BY SEPTEMBER 30 OF EACH YEAR. No grants are given to individuals.
Deseranno Foundation is headquartered in GROSSE PT FRM, MI. While based in MI, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Maria D Quint | SECRETARY | $0 | $0 | N/A |
| Celia E Wade | TREASURER | $0 | $0 | N/A |
| Aline A Ermanni | VICE-PRESIDENT | $0 | $0 | N/A |
| Susan D Rahaim | VICE-PRESIDENT | $0 | $0 | N/A |
| Dante Deseranno | VICE-PRESIDENT | $0 | $0 | N/A |
| Don Joseph Deseranno | PRESIDENT | $0 | $0 | N/A |
Total Giving
$65K
Total Assets
$694K
Fair Market Value
$1.2M
Net Worth
$681K
Grants Paid
$63K
Contributions
N/A
Net Investment Income
$30K
Distribution Amount
$57K
Total Grants
52
Total Giving
$245K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
25
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Usa FencingYOUTH SPORTS | Colorado Springs, CO | $11K | 2023 |
| Bulldogs HockeyYOUTH SPORTS | Detroit, MI | $10K | 2023 |
| Eastside Youth Soprts FdnYOUTH SPORTS | St Clair Shores, MI | $8K | 2023 |
| Grosse Pointe Fdn For Public EducationEDUCATION | Grosse Pointe, MI | $6K | 2023 |
| Delasalle CollegiateEDUCATION | Warren, MI | $5K | 2023 |
| Holy Yoga DetroitHEALTH | Grosse Pointe, MI | $5K | 2023 |
| Grosse Pointe South Hat Trick HockeyYOUTH SPORTS | Grosse Pointe Farms, MI | $4K | 2023 |
| Red BaronsYOUTH SPORTS | Grosse Pointe, MI | $4K | 2023 |
| University Liggett SchoolEDUCATION | Grosse Pointe Woods, MI | $3K | 2023 |
| Grosse Pointe Farms-City LeagueYOUTH SPORT | Grosse Pointe Farms, MI | $3K | 2023 |
| Sabathani Community CenterSOCIAL WELFARE | Minneapolis, MN | $3K | 2023 |
| Kids On The GoPUBLIC HEALTH | Grosse Pointe Woods, MI | $2K | 2023 |
| Renaissance FencingYOUTH SPORTS | Troy, MI | $500 | 2023 |
| Grosse Pointe AcademyEDUCATION | Grosse Pointe Farms, MI | $14K | 2022 |
| Reach Homeschool DramaEDUCATION | Fredericksburg, VA | $10K | 2022 |
| Annex Teen ClinicPUBLIC HEALTH | Robbinsdale, MN | $3K | 2022 |
| Grosse Pointe Yacht Club FdnPUBLIC EDUCATION | Grosse Pointe Shores, MI | $2K | 2022 |
| Tau Beta Spring MarketEDUCATION | Grosse Pointe Farms, MI | $2K | 2022 |
| Jp Mestadagh FoundationPUBLIC EDUCATION | St Clair Shores, MI | $1K | 2022 |
| Renaissance Fencing ClubYOUTH SPORTS | Troy, MI | $10K | 2021 |
| Michigan Fraternal Order Of PolicePUBLIC EDUCATION | Madison Heights, MI | $2K | 2021 |
| Kinetic Outreach ServicesPUBLIC HEALTH | Pontiac, MI | $3K | 2020 |
| Grosse Pointe Young LifeYOUTH CAMP | Grosse Pointe, MI | $3K | 2020 |