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Emil And Stella Banich Foundation is a private corporation based in PLYMOUTH, MI. The foundation received its IRS ruling in 2017. The principal officer is Michael J Ferrantino Jr. It holds total assets of $2.2M. Annual income is reported at $2.1M. Total assets have grown from N/A in 2019 to $2.2M in 2024. 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 2016 to 2024. According to available records, Emil And Stella Banich Foundation has made 6 grants totaling $700K, with a median grant of $117K. Annual giving has grown from $234K in 2021 to $466K in 2022. Individual grants have ranged from $33K to $200K, with an average award of $117K. The foundation has supported 2 unique organizations. 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.
Emil And Stella Banich Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in MI.
Emil And Stella Banich Foundation has distributed a total of $700K across 6 grants. The median grant size is $117K, with an average of $117K. Individual grants have ranged from $33K to $200K.
Emil And Stella Banich Foundation typically selects its grantees rather than accepting unsolicited proposals.
Emil And Stella Banich Foundation is headquartered in PLYMOUTH, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael J Ferrantino Jr | DIRECTOR/PRESIDENT | $0 | $0 | N/A |
| Emil J Banich | DIRECTOR | $0 | $0 | N/A |
| Laura Roulier | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2.2M
Fair Market Value
N/A
Net Worth
$2.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
6
Total Giving
$700K
Average Grant
$117K
Median Grant
$117K
Unique Recipients
2
Most Common Grant
$200K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Beaumont Health FoundationCENTER FOR EXCEPTIONAL FAMILIES | Southfield, MI | $200K | 2022 |
| University Of Detroit MercyACTIVE LEARNING HALLWAY | Detroit, MI | $33K | 2022 |