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Joachim E Lay Charitable Private Foundation is a private trust based in DETROIT, MI. The foundation received its IRS ruling in 2008. The principal officer is % Comerica Bank Co Trustee. It holds total assets of $906K. Annual income is reported at $186K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Joachim E Lay Charitable Private Foundation has made 7 grants totaling $257K, with a median grant of $21K. The foundation has distributed between $126K and $131K annually from 2020 to 2023. Individual grants have ranged from $2K to $99K, with an average award of $37K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Joachim E Lay Charitable Private Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in MI.
Joachim E Lay Charitable Private Foundation has distributed a total of $257K across 7 grants. The median grant size is $21K, with an average of $37K. Individual grants have ranged from $2K to $99K.
SUPPORT ORGANIZATIONS THAT PROVIDE FOR HEALTH AND WELFARE OF CHILDREN.
Joachim E Lay Charitable Private Foundation is headquartered in DETROIT, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Comerica Bank | CO-TRUSTEE | $20K | $0 | $20K |
| Janet Haering | CO-TRUSTEE | $11K | $0 | $11K |
Total Giving
$158K
Total Assets
$969K
Fair Market Value
$1.1M
Net Worth
$969K
Grants Paid
$126K
Contributions
$0
Net Investment Income
$37K
Distribution Amount
$57K
Total: $946K
Total Grants
7
Total Giving
$257K
Average Grant
$37K
Median Grant
$21K
Unique Recipients
4
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| CalftechDAILY OPERATIONAL SUPPORT | Ortonville, MI | $95K | 2023 |
| Christ LutheranDAILY OPERATIONAL SUPPORT | Goodrich, MI | $21K | 2023 |
| Michigan Masonic PathwaysDAILY OPERATIONAL SUPPORT | Alma, MI | $10K | 2023 |
| Offering Alt Therapy With Smiles IncGENERAL SUPPORT | Ortonville, MI | $2K | 2020 |
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