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Gunzburger Foundation 6520873443 is a private trust based in DETROIT, MI. The foundation received its IRS ruling in 2007. The principal officer is Comerica Bank Trust Tax Attn Mc 7874. It holds total assets of $861K. Annual income is reported at $216K. The foundation is governed by 1 officer or trustee. 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 2023. According to available records, Gunzburger Foundation 6520873443 has made 14 grants totaling $380K, with a median grant of $17K. The foundation has distributed between $62K and $167K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $167K distributed across 6 grants. Individual grants have ranged from $8K to $54K, with an average award of $27K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Illinois and 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.
Gunzburger Foundation 6520873443 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in IL, MI.
Gunzburger Foundation 6520873443 has distributed a total of $380K across 14 grants. The median grant size is $17K, with an average of $27K. Individual grants have ranged from $8K to $54K.
Gunzburger Foundation 6520873443 typically selects its grantees rather than accepting unsolicited proposals.
Gunzburger Foundation 6520873443 is headquartered in DETROIT, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Comerica Bank Trust Na | TRUSTEE | $9K | $0 | $9K |
Total Giving
$88K
Total Assets
$902K
Fair Market Value
$1.3M
Net Worth
$902K
Grants Paid
$67K
Contributions
N/A
Net Investment Income
$25K
Distribution Amount
$60K
Total Grants
14
Total Giving
$380K
Average Grant
$27K
Median Grant
$17K
Unique Recipients
3
Most Common Grant
$14K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wheaton CollegeEDUCATION SCHOLARSHIPS | Wheaton, IL | $37K | 2023 |
| Kettering UniversityEDUCATION SCHOLARSHIPS | Flint, MI | $17K | 2023 |
| Hillsdale CollegeEDUCATION SCHOLARSHIPS | Hillsdale, MI | $13K | 2023 |