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Kermit K Lackey Foundation is a private corporation based in UTICA, MI. The foundation received its IRS ruling in 2007. The principal officer is David P Sutherland. It holds total assets of $100K. Annual income is reported at $64K. Total assets have decreased from $361K in 2011 to $107K in 2023. 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 2016 to 2023. The foundation primarily funds organizations in Michigan and New York. According to available records, Kermit K Lackey Foundation has made 17 grants totaling $28K, with a median grant of $2K. The foundation has distributed between $6K and $15K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $15K distributed across 8 grants. Individual grants have ranged from $1K to $2K, with an average award of $2K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Michigan and New York and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$2K
Based on 4 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.
Kermit K Lackey Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in MI, NY, VA.
Kermit K Lackey Foundation has distributed a total of $28K across 17 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $1K to $2K.
Kermit K Lackey Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kermit K Lackey Foundation is headquartered in UTICA, MI. While based in MI, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephanie N Marotta | Director | $3K | $0 | $3K |
| David P Sutherland | President | $3K | $0 | $3K |
| Michael J Smith | Director | $3K | $0 | $3K |
Total Giving
$18K
Total Assets
$107K
Fair Market Value
$135K
Net Worth
$107K
Grants Paid
$6K
Contributions
N/A
Net Investment Income
$5K
Distribution Amount
$6K
Total Grants
17
Total Giving
$28K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
8
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Capuchin Soup KitchenGeneral Purposes | Detroit, MI | $1K | 2023 |
| Auburn Hills Baptist ChurchGeneral Purpose | Auburn Hills, MI | $1K | 2023 |
| Our Lady Of The LakesGeneral Purpose | Waterford Twp, MI | $1K | 2023 |
| Michigan Humane SocietyGeneral Purpose | Bingham Farms, MI | $1K | 2023 |
| National Wildlife FederationGeneral Purposes | Merrifield, VA | $1K | 2023 |
| The Human Life FoundationGeneral Purposes | New York, NY | $2K | 2022 |
| J Kast Believe In Miracles FoundationGeneral Purposes | Troy, MI | $2K | 2022 |
| J Kast Believe In Miracles FoundatiGeneral purposes | Troy, MI | $2K | 2020 |