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Also known as: FOUNDATION
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Douglas And Mary Kapnick Family Foundation is a private corporation based in ADRIAN, MI. The foundation received its IRS ruling in 2005. The principal officer is Douglas L Kapnick. It holds total assets of $1.8M. Annual income is reported at $425K. Total assets have grown from N/A in 2011 to $1.8M in 2023. The foundation is governed by 2 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 2016 to 2023. Grantmaking is concentrated in Michigan. According to available records, Douglas And Mary Kapnick Family Foundation has made 41 grants totaling $440K, with a median grant of $5K. Annual giving has decreased from $348K in 2022 to $92K in 2023. Individual grants have ranged from $1K to $40K, with an average award of $11K. The foundation has supported 18 unique organizations. Grants have been distributed to organizations in Michigan and District of Columbia. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$9K
Average Grant
$13K
Largest Grant
$30K
Based on 6 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.
Douglas And Mary Kapnick Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 41 grants. Its grantmaking reaches organizations primarily in MI, DC.
Douglas And Mary Kapnick Family Foundation has distributed a total of $440K across 41 grants. The median grant size is $5K, with an average of $11K. Individual grants have ranged from $1K to $40K.
Douglas And Mary Kapnick Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Douglas And Mary Kapnick Family Foundation is headquartered in ADRIAN, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary Kapnick | VICE PRES. | $0 | $0 | N/A |
| Douglas Kapnick | PRESIDENT | $0 | $0 | N/A |
Total Giving
$92K
Total Assets
$1.8M
Fair Market Value
$2.3M
Net Worth
$1.8M
Grants Paid
$92K
Contributions
$50K
Net Investment Income
$57K
Distribution Amount
$77K
Total: $1.2M
Total Grants
41
Total Giving
$440K
Average Grant
$11K
Median Grant
$5K
Unique Recipients
18
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Heritage FoundationGENERAL | Washington, DC | $1K | 2022 |
| Hospice Of LenaweeGENERAL | Adrian, MI | $30K | 2023 |
| Hidden Lakes GardensGENERAL | Tipton, MI | $18K | 2023 |
| Adrian First United Methodist ChurcGENERAL | Adrian, MI | $15K | 2023 |
| Hope Community CenterGENERAL | Adrian, MI | $13K | 2023 |
| Adrian School FoundationGENERAL | Adrian, MI | $5K | 2023 |
| Croswell Opera HouseGENERAL | Adrian, MI | $5K | 2023 |
| Adrian Center For The ArtsGENERAL | Adrian, MI | $3K | 2023 |
| Habitat For Humanity Of LenaweeGENERAL | Adrian, MI | $3K | 2023 |
| Jasmyn'S VoiceGENERAL | Adrian, MI | $1K | 2023 |
| Boys & Girsl Club Of LenaweeGENERAL | Adrian, MI | $40K | 2022 |
| Lenawee Chamber FoundationGENERAL | Adrian, MI | $18K | 2022 |
| Adrian Symphony OrchestraGENERAL | Adrian, MI | $10K | 2022 |
| Sam Beauford WoodworkingGENERAL | Adrian, MI | $10K | 2022 |
| Lenawee Christian MinistriesGENERAL | Adrian, MI | $7K | 2022 |
| Mackinac Center For Public PolicyGENERAL | Midland, MI | $5K | 2022 |
| Western Scholarship FoundationSCHOLARSHIPS | Kalamazoo, MI | $1K | 2022 |
| Lenawee Economic Development CorpGENERAL | Adrian, MI | $1K | 2022 |