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Mable And Ray Petersen Master Craftsman Scholarship Trust is a private trust based in DETROIT, MI. The foundation received its IRS ruling in 1996. The principal officer is % Comerica Bank Agent. It holds total assets of $210K. Annual income is reported at $15K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Mable And Ray Petersen Master Craftsman Scholarship Trust has made 4 grants totaling $51K, with a median grant of $13K. Annual giving has grown from $12K in 2021 to $14K in 2024. Individual grants have ranged from $12K to $14K, with an average award of $13K. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Mable And Ray Petersen Master Craftsman Scholarship Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MI.
Mable And Ray Petersen Master Craftsman Scholarship Trust has distributed a total of $51K across 4 grants. The median grant size is $13K, with an average of $13K. Individual grants have ranged from $12K to $14K.
Mable And Ray Petersen Master Craftsman Scholarship Trust typically selects its grantees rather than accepting unsolicited proposals.
Mable And Ray Petersen Master Craftsman Scholarship Trust is headquartered in DETROIT, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Comerica Bank | TRUSTEE | $6K | $0 | $6K |
Total Giving
$20K
Total Assets
$210K
Fair Market Value
$292K
Net Worth
$210K
Grants Paid
$14K
Contributions
$0
Net Investment Income
$4K
Distribution Amount
$14K
Total Grants
4
Total Giving
$51K
Average Grant
$13K
Median Grant
$13K
Unique Recipients
1
Most Common Grant
$12K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grcc FoundationSCHOLARSHIP | Grand Rapids, MI | $14K | 2024 |
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