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Keith A Iverson Foundation is a private corporation based in BLOOMFLD HLS, MI. The foundation received its IRS ruling in 1997. The principal officer is Keith A Iverson. It holds total assets of $4.4M. Annual income is reported at $524K. Total assets have grown from $508 in 2011 to $4.1M in 2022. The foundation is governed by 5 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 2016 to 2022. Grantmaking is concentrated in Michigan. According to available records, Keith A Iverson Foundation has made 56 grants totaling $680K, with a median grant of $10K. Annual giving has grown from $125K in 2020 to $410K in 2022. Individual grants have ranged from $1K to $40K, with an average award of $12K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in Michigan, District of Columbia, Florida, which account for 82% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$13K
Largest Grant
$28K
Based on 11 grants from the most recent 990-PF filing.
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.
Keith A Iverson Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 56 grants. Its grantmaking reaches organizations primarily in MI, DC, FL.
Keith A Iverson Foundation has distributed a total of $680K across 56 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $1K to $40K.
Keith A Iverson Foundation typically selects its grantees rather than accepting unsolicited proposals.
Keith A Iverson Foundation is headquartered in BLOOMFLD HLS, MI. While based in MI, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Amy M Corbin | President/Director | $3K | $0 | $3K |
| Clifford T Iverson | Vice President/Director | $3K | $0 | $3K |
| John M Foster | Treasurer/Director | $3K | $0 | $3K |
| Mark D Hamlin | Secretary/Director | $3K | $0 | $3K |
| Michael H Russell | Vice President/Director | $3K | $0 | $3K |
Total Giving
$267K
Total Assets
$4.1M
Fair Market Value
$4.1M
Net Worth
$4.1M
Grants Paid
$205K
Contributions
$227K
Net Investment Income
N/A
Distribution Amount
$191K
Total Grants
56
Total Giving
$680K
Average Grant
$12K
Median Grant
$10K
Unique Recipients
21
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Turning PointTo enhance charitable activities | Mt Clemens, MI | $5K | 2022 |
| AspcaTo enhance charitable activities | Washington, DC | $40K | 2022 |
| St Jude Children'S Research HospitalTo enhance charitable activities | Memphis, TN | $30K | 2022 |
| Laurel Nokomis SchoolTo enhance charitable activities | Nokomis, FL | $20K | 2022 |
| Venice High SchoolTo enhance the learning enviroment | Venice, FL | $20K | 2022 |
| Huron Valley Baseball & SoftballTo enhance charitable activities | Highland, MI | $16K | 2022 |
| Community SharingTo enhance charitable activitiesTo enchance charitble activities | Highland, MI | $15K | 2022 |
| Yoga SupportTo enhance charitable activities | Mcallen, TX | $12K | 2022 |
| New Hope ChurchTo enhance charitable activities | East Tawas, MI | $12K | 2022 |
| Livingston Sunrise Rotary FoundationTo enhance charitable activities | Brighton, MI | $10K | 2022 |
| Eton AcademyTo enhance the learning enviroment | Birmingham, MI | $10K | 2022 |
| Kids' Food BasketTo enhance charitable activities | Grand Rapids, MI | $5K | 2022 |
| Partners For PetsTo enhance charitable activities | St Jacob, IL | $5K | 2022 |
| New Hope Pet RescueTo enhance charitable activities | Charlotte, MI | $5K | 2022 |
| Michigan Humane SocietyTo enhance charitable activities | Bingham Farms, MI | $5K | 2021 |
| Reaching HigherTo enhance charitable activities | Brighton, MI | $10K | 2020 |
| Asthma & Allergy Foundation Of America - Michigan ChapterTo enhance charitable activities | West Bloomfield, MI | $3K | 2020 |