Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Marilyn M Watkins Charitableprivate Foundation is a private trust based in DETROIT, MI. The foundation received its IRS ruling in 2009. The principal officer is Comerica Bank. It holds total assets of $496K. Annual income is reported at $33K. The foundation is governed by 1 officer or trustee. 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 2021 to 2024. Funding is distributed across 4 states, including Ohio, Indiana, North Carolina. According to available records, Marilyn M Watkins Charitableprivate Foundation has made 10 grants totaling $43K, with a median grant of $4K. Annual giving has decreased from $30K in 2022 to $13K in 2023. Individual grants have ranged from $3K to $6K, with an average award of $4K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Ohio, Indiana, Florida, which account for 80% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$6K
Median Grant
$6K
Average Grant
$6K
Largest Grant
$6K
Based on 5 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.
Marilyn M Watkins Charitableprivate Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in OH, IN, FL.
Marilyn M Watkins Charitableprivate Foundation has distributed a total of $43K across 10 grants. The median grant size is $4K, with an average of $4K. Individual grants have ranged from $3K to $6K.
Marilyn M Watkins Charitableprivate Foundation typically selects its grantees rather than accepting unsolicited proposals.
Marilyn M Watkins Charitableprivate Foundation is headquartered in DETROIT, MI. While based in MI, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Comerica Bank | TRUSTEE | $11K | $0 | $11K |
Total Giving
$39K
Total Assets
$508K
Fair Market Value
$697K
Net Worth
$508K
Grants Paid
$28K
Contributions
N/A
Net Investment Income
$13K
Distribution Amount
$31K
Total Grants
10
Total Giving
$43K
Average Grant
$4K
Median Grant
$4K
Unique Recipients
5
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Indianapolis Museum Of Art IncSUPPORT OF DAILY ACTIVITIES | Indianapolis, IN | $3K | 2023 |
| Anc Highlands Cashiers Hospital IncSUPPORT OF DAILY ACTIVITIES | Asheville, NC | $3K | 2023 |
| Vero Beach Museum Of Art IncSUPPORT OF DAILY ACTIVITIES | Vero Beach, FL | $3K | 2023 |
| Dayton Art InstituteSUPPORT OF DAILY ACTIVITIES | Dayton, OH | $3K | 2023 |
| St Pauls Episcopal ChurchSUPPORT OF DAILY ACTIVITIES | Dayton, OH | $3K | 2023 |