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Giarla And Michelson Charitable Foundation is a private corporation based in CHAPEL HILL, NC. The foundation received its IRS ruling in 2002. The principal officer is Mike Giarla. It holds total assets of $1M. Annual income is reported at $557K. 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 2020 to 2023. According to available records, Giarla And Michelson Charitable Foundation has made 3 grants totaling $200K, with a median grant of $67K. Annual giving has grown from $65K in 2021 to $135K in 2022. Individual grants have ranged from $65K to $67K, with an average award of $67K. Grant recipients are concentrated in North Carolina. 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.
Giarla And Michelson Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NC.
Giarla And Michelson Charitable Foundation has distributed a total of $200K across 3 grants. The median grant size is $67K, with an average of $67K. Individual grants have ranged from $65K to $67K.
Giarla And Michelson Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Giarla And Michelson Charitable Foundation is headquartered in CHAPEL HILL, NC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael J Giarla | PRESIDENT | $0 | $0 | N/A |
| Ellen H Michelson | VP/SECRETARY | $0 | $0 | N/A |
| Annette Giarla-Carr | VP | $0 | $0 | N/A |
Total Giving
$74K
Total Assets
$1.1M
Fair Market Value
$993K
Net Worth
$1.1M
Grants Paid
$66K
Contributions
N/A
Net Investment Income
$16K
Distribution Amount
N/A
Total: $1.1M
Total Grants
3
Total Giving
$200K
Average Grant
$67K
Median Grant
$67K
Unique Recipients
1
Most Common Grant
$67K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various 501c-3 CharitiesSEE ATTACHED | Chapel Hill, NC | $67K | 2022 |