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Also known as: BANK TRUSTEE (NO 1045002690)
Generation Iv Charitable Trust is a private corporation based in DETROIT, MI. The foundation received its IRS ruling in 2001. The principal officer is % Comerica Bank. It holds total assets of $1.3M. Annual income is reported at $286K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Generation Iv Charitable Trust has made 49 grants totaling $224K, with a median grant of $5K. The foundation has distributed between $71K and $81K annually from 2020 to 2022. Individual grants have ranged from $2K to $10K, with an average award of $5K. The foundation has supported 31 unique organizations. The foundation primarily supports organizations in Michigan, Illinois, Colorado, which account for 84% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Generation Iv Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 49 grants. Its grantmaking reaches organizations primarily in MI, IL, CO.
Generation Iv Charitable Trust has distributed a total of $224K across 49 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $2K to $10K.
Generation Iv Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Generation Iv Charitable Trust is headquartered in DETROIT, MI. While based in MI, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Comerica | TRUSTEE | $25K | $0 | $25K |
| Danforth E Holley Iii | TRUSTEE | $0 | $0 | $0 |
| Duane L Tarnacki | TRUSTEE | $0 | $0 | $0 |
| Drake Holley | TRUSTEE | $0 | $0 | $0 |
Total Giving
$101K
Total Assets
$1.3M
Fair Market Value
$1.6M
Net Worth
$1.3M
Grants Paid
$72K
Contributions
$0
Net Investment Income
$29K
Distribution Amount
$75K
Total: $1.3M
Total Grants
49
Total Giving
$224K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
31
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Pope Francis CenterGENERAL CHARITABLE PURPOSES | Detroit, MI | $10K | 2022 |
| Equity In ChicagoSUPPORT OF DAILY OPERATIONS | Chicago, IL | $10K | 2022 |
| High FivesSUPPORT OF DAILY OPERATIONS | Trukee, CA | $7K | 2022 |
| Inspiration CorporationGENERAL OPERATING SUPPORT | Chicago, IL | $5K | 2022 |
| St Jude Childrens ResearchGENERAL CHARITABLE PURPOSES | Memphis, TN | $5K | 2022 |
| Cascade Aids ProjectGENERAL CHARITABLE PURPOSES | Portland, OR | $5K | 2022 |
| The Maxfund IncGENERAL CHARITABLE PURPOSES | Denver, CO | $5K | 2022 |
| Colorado Trail FoundationGENERAL CHARITABLE PURPOSES | Golden, CO | $5K | 2022 |
| Zaman InternationalGENERAL CHARITABLE PURPOSES | Inkster, MI | $5K | 2022 |
| Children'S Hospital Of MiSUPPORT OF DAILY OPERATIONS | Detroit, MI | $5K | 2022 |
| Greater Chicago FoodGENERAL CHARITABLE PURPOSES | Chicago, IL | $4K | 2022 |
| Children First FundGENERAL CHARITABLE PURPOSES | Chicago, IL | $4K | 2022 |
| The Night MinistryGENERAL CHARITABLE PURPOSES | Chicago, IL | $4K | 2022 |
| Perfect PairSUPPORT OF DAILY OPERATIONS | Farmington Hills, MI | $4K | 2022 |
| Fleece And Thank YouSUPPORT OF DAILY OPERATIONS | Farmington Hills, MI | $4K | 2022 |
| College For Creative StudiesGENERAL CHARITABLE PURPOSES | Detroit, MI | $5K | 2021 |
| Ymca Of Metro DetroitGENERAL CHARITABLE PURPOSES | Detroit, MI | $5K | 2021 |
| Return To DirtGENERAL CHARITABLE PURPOSES | Glenwood Springs, CO | $5K | 2021 |
| Young Life Grand TraverseGENERAL CHARITABLE PURPOSES | Traverse City, MI | $5K | 2021 |
| Rehabiliation Institute OfGENERAL CHARITABLE PURPOSES | Detroit, MI | $4K | 2021 |
| Portage Health FoundationGENERAL CHARITABLE PURPOSES | Hancock, MI | $3K | 2021 |
| St Jude Childrens Research HospitalGENERAL CHARITABLE PURPOSES | Memphis, TN | $5K | 2020 |
| St Johns Deaf CenterGENERAL CHARTIABLE PURPOSES | Eastpointe, MI | $5K | 2020 |
| Province Of St Joseph Of The Capuchin OrderGENERAL CHARITABLE PURPOSES | Detroit, MI | $5K | 2020 |
| MisercordiaGENERAL CHARITABLE PURPOSES | Chicago, IL | $5K | 2020 |
| San Francisco Aids FundationGENERAL CHARITABLE PURPOSES | San Francisco, CA | $4K | 2020 |
| Henry Ford Health SystemGENERAL OPERATING SUPPORT | Clinton Township, MI | $3K | 2020 |
| Forgotten HarvestGENERAL CHARITABLE PURPOSES | Oak Park, MI | $3K | 2020 |
| Capuchin Soup KitchenGENERAL CHARITABLE PURPOSES | Detroit, MI | $3K | 2020 |
| Gleaners Community Food BankGENERAL OPERATING SUPPORT | Detroit, MI | $3K | 2020 |
| University Of MichiganGENERAL CHARITABLE PURPOSES | Ann Arbor, MI | $3K | 2020 |
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