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La Michoacana Foundation Inc. is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 2015. It holds total assets of $444K. Annual income is reported at $397K. Total assets have grown from N/A in 2015 to $299K 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 2020 to 2023. Grantmaking is concentrated in Texas. According to available records, La Michoacana Foundation Inc. has made 90 grants totaling $970K, with a median grant of $4K. Annual giving has grown from $126K in 2020 to $525K in 2023. Individual grants have ranged from $1K to $100K, with an average award of $11K. The foundation has supported 43 unique organizations. Grants have been distributed to organizations in Texas and Michigan and Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$4K
Average Grant
$6K
Largest Grant
$33K
Based on 22 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.
La Michoacana Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 90 grants. Its grantmaking reaches organizations primarily in TX, MI, TN.
La Michoacana Foundation Inc. has distributed a total of $970K across 90 grants. The median grant size is $4K, with an average of $11K. Individual grants have ranged from $1K to $100K.
La Michoacana Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
La Michoacana Foundation Inc. is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Arely Ortega | VICE-PRESIDE | $0 | $0 | N/A |
| Denys Ortega Herrera | PRESIDENT | $0 | $0 | N/A |
| Omar Ortega | VICE-PRESIDE | $0 | $0 | N/A |
Total Giving
$539K
Total Assets
$299K
Fair Market Value
N/A
Net Worth
$299K
Grants Paid
$525K
Contributions
$332K
Net Investment Income
N/A
Distribution Amount
$20K
Total Grants
90
Total Giving
$970K
Average Grant
$11K
Median Grant
$4K
Unique Recipients
43
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Tejano CenterDONATION | Houston, TX | $100K | 2023 |
| Houston MethodistDONATION | Houston, TX | $100K | 2023 |
| El Centro De CorazonDONATION | Houston, TX | $75K | 2023 |
| Our Lady Of Guadalupe Catholic ShcoDONATION | Houston, TX | $75K | 2023 |
| Texas A&M UniversitySCHOLARSHIP | College Station, TX | $38K | 2023 |
| Houston Livestock Show & RodeoDONATION | Houston, TX | $23K | 2023 |
| University Of HoustonSCHOLARSHIP | Houston, TX | $20K | 2023 |
| University Of TexasSCHOLARSHIP | Austin, TX | $14K | 2023 |
| Stephen F Austin State UniversitySCHOLARSHIP | Nacogdoches, TX | $11K | 2023 |
| The Regis SchoolDONATION | Houston, TX | $10K | 2023 |
| Scholarship Less Than 100000SCHOLARSHIP | Houston, TX | $8K | 2023 |
| University Of Texas At San AntonioSCHOLARSHIP | San Antonio, TX | $7K | 2023 |
| Sam Houston State UniversitySCHOLARSHIP | Huntsville, TX | $7K | 2023 |
| University Of North TexasSCHOLARSHIP | Dallas, TX | $6K | 2023 |
| University Of Texas ArlingtonSCHOLARSHIP | Arlington, TX | $6K | 2023 |
| Albion CollegeSCHOLARSHIP | Albion, MI | $5K | 2023 |
| Ut Health San AntonioSCHOLARSHIP | San Antonio, TX | $4K | 2023 |
| Texas Women'S UniversitySCHOLARSHIP | Houston, TX | $4K | 2023 |
| Texas Tech UniversitySCHOLARSHIP | Lubbock, TX | $3K | 2023 |
| University Of St ThomasSCHOLARSHIP | Houston, TX | $3K | 2023 |
| Tarleton UniversitySCHOLARSHIP | Stephenville, TX | $2K | 2023 |
| Teleton UsaDONATION | San Antonio, TX | $2K | 2023 |
| Lone Star CollegeSCHOLARSHIP | Cypress, TX | $2K | 2023 |
| Houston Christian UniversitySCHOLARSHIP | Houston, TX | $2K | 2023 |
| Rice UniversitySCHOLARSHIP | Houston, TX | $3K | 2022 |
| Southern Adventist UniversitySCHOLARSHIP | Collegedale, TN | $3K | 2022 |
| Houston Community CollegeSCHOLARSHIP | Houston, TX | $2K | 2022 |