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Also known as: C/O ROGER WILKINSON
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Forrest H Akers Trust is a private trust based in GRAND RAPIDS, MI. The foundation received its IRS ruling in 1971. It holds total assets of $7.9M. Annual income is reported at $1.6M. Total assets have grown from $5.8M in 2011 to $7.9M in 2023. The foundation is governed by 4 officers and trustees. 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, Forrest H Akers Trust has made 3 grants totaling $1.8M, with a median grant of $600K. Annual giving has grown from $516K in 2020 to $650K in 2022. Individual grants have ranged from $516K to $650K, with an average award of $589K. 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.
Forrest H Akers Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in MI.
Forrest H Akers Trust has distributed a total of $1.8M across 3 grants. The median grant size is $600K, with an average of $589K. Individual grants have ranged from $516K to $650K.
Forrest H Akers Trust typically selects its grantees rather than accepting unsolicited proposals.
Forrest H Akers Trust is headquartered in GRAND RAPIDS, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephen H Terry | DIRECTOR | $0 | $0 | N/A |
| Nancy E Craig | DIRECTOR | $0 | $0 | N/A |
| Brian Breslin | DIRECTOR | $0 | $0 | N/A |
| Roger Wilkinson | DIRECTOR | $0 | $0 | N/A |
Total Giving
$687K
Total Assets
$7.9M
Fair Market Value
$13.4M
Net Worth
$7.9M
Grants Paid
$622K
Contributions
N/A
Net Investment Income
$542K
Distribution Amount
$610K
Total: $5.5M
Total Grants
3
Total Giving
$1.8M
Average Grant
$589K
Median Grant
$600K
Unique Recipients
1
Most Common Grant
$516K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Michigan State UniversityENDOW FUND - ENTREPRENEURIAL DEVELOP | East Lansing, MI | $650K | 2022 |