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Martha P Mack Foundation is a private trust based in DETROIT, MI. The foundation received its IRS ruling in 2022. The principal officer is % Comerica Bank & Trust Na Ttee. It holds total assets of $23.1M. Annual income is reported at $46.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Martha P Mack Foundation has made 12 grants totaling $912K, with a median grant of $100K. Individual grants have ranged from $26K to $100K, with an average award of $76K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in California and Texas. Contributions to this foundation are tax-deductible.
Martha P Mack Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in CA, TX.
Martha P Mack Foundation has distributed a total of $912K across 12 grants. The median grant size is $100K, with an average of $76K. Individual grants have ranged from $26K to $100K.
Martha P Mack Foundation typically selects its grantees rather than accepting unsolicited proposals.
Martha P Mack Foundation is headquartered in DETROIT, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $111K | $0 | $111K |
Total Giving
$1.3M
Total Assets
$19.5M
Fair Market Value
$20.3M
Net Worth
$19.5M
Grants Paid
$1.1M
Contributions
$11.8M
Net Investment Income
$421K
Distribution Amount
$673K
Total: $8.2M
Total Grants
12
Total Giving
$912K
Average Grant
$76K
Median Grant
$100K
Unique Recipients
6
Most Common Grant
$100K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Salvation Army Ventura Residences InGENERAL OPERATING | Rch Palos Vrd, CA | $100K | 2022 |
| Salk Institute For Biological StudiesGENERAL OPERATING | La Jolla, CA | $100K | 2022 |
| Regents Of The University Of CaliforniaGENERAL OPERATING | La Jolla, CA | $100K | 2022 |
| Sanford Burnham Prebys Medical DiscoveryGENERAL OPERATING | La Jolla, CA | $100K | 2022 |
| Support The Enlisted Project IncGENERAL OPERATING | San Diego, CA | $30K |
| 2022 |
| Southern Methodist UniversityGENERAL OPERATING | Dallas, TX | $26K | 2022 |
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