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Garber Automotive Foundation is a private corporation based in SAGINAW, MI. The foundation received its IRS ruling in 2021. It holds total assets of $15M. Annual income is reported at $7.9M. The foundation operates in the area of community development. According to available records, Garber Automotive Foundation has made 33 grants totaling $1.8M, with a median grant of $25K. Annual giving has decreased from $1.1M in 2022 to $664K in 2023. Individual grants have ranged from $5K to $250K, with an average award of $54K. The foundation has supported 17 unique organizations. Grants have been distributed to organizations in Michigan and New York. Contributions to this foundation are tax-deductible.
Garber Automotive Foundation primarily funds organizations in the area of community development. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in MI, NY.
Garber Automotive Foundation has distributed a total of $1.8M across 33 grants. The median grant size is $25K, with an average of $54K. Individual grants have ranged from $5K to $250K.
Garber Automotive Foundation typically selects its grantees rather than accepting unsolicited proposals.
Garber Automotive Foundation is headquartered in SAGINAW, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard J Garber Jr | PRESIDENT | $0 | $0 | $0 |
| Patrick Hengesbach | SECRETARY/TREASURER | $0 | $0 | $0 |
| Ty Mier | DIRECTOR | $0 | $0 | $0 |
Total Giving
$802K
Total Assets
$14.3M
Fair Market Value
$14.3M
Net Worth
$14.3M
Grants Paid
$664K
Contributions
$0
Net Investment Income
$127K
Distribution Amount
$663K
Total: $9.2M
Total Grants
33
Total Giving
$1.8M
Average Grant
$54K
Median Grant
$25K
Unique Recipients
17
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Greater Midland Community CenterCHARITABLE | Midland, MI | $250K | 2023 |
| Svsu FoundationCHARITABLE | University Center, MI | $100K | 2023 |
| Ymca Of SaginawCHARITABLE | Saginaw, MI | $66K | 2023 |
| Friends Of Hoyt ParkCHARITABLE | Saginaw, MI | $63K | 2023 |
| Covenant Healthcare FoundationCHARITABLE | Saginaw, MI | $50K | 2023 |
| Saginaw Children'S ZooCHARITABLE |
| Saginaw, MI |
| $50K |
| 2023 |
| Saginaw Community FoundationCHARITABLE | Saginaw, MI | $25K | 2023 |
| Leukemia & Lymphoma SocietyCHARITABLE | Rye Brook, NY | $25K | 2023 |
| Saginaw-Shiawassee Habitat For HumanityCHARITABLE | Saginaw, MI | $15K | 2023 |
| Can CouncilCHARITABLE | Saginaw, MI | $10K | 2023 |
| Dow Treasure AcademyCHARITABLE | Saginaw, MI | $10K | 2023 |
| Saginaw Basin Land ConservancyCHARITABLE | Bay City, MI | $50K | 2022 |
| Camp Fish TalesCHARITABLE | Pinconning, MI | $20K | 2022 |
| Cancer ServicesCHARITABLE | Midland, MI | $15K | 2022 |
| Released To ReignCHARITABLE | Saginaw, MI | $13K | 2022 |
| The Well Of SaginawCHARITABLE | Saginaw, MI | $10K | 2022 |
| Saginaw Township Police DepartmentCHARITABLE | Saginaw, MI | $5K | 2022 |
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