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Mary D Morman Trust is a private trust based in DETROIT, MI. The foundation received its IRS ruling in 1996. The principal officer is Comerica Bank-Detroit Ttee. It holds total assets of $196K. Annual income is reported at $13K. Total assets have decreased from $249K in 2011 to $197K in 2023. 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 2017 to 2024. According to available records, Mary D Morman Trust has made 3 grants totaling $32K, with a median grant of $10K. The foundation has distributed between $10K and $12K annually from 2021 to 2023. Individual grants have ranged from $10K to $12K, with an average award of $11K. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
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.
Mary D Morman Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in MI.
Mary D Morman Trust has distributed a total of $32K across 3 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $10K to $12K.
Mary D Morman Trust typically selects its grantees rather than accepting unsolicited proposals.
Mary D Morman Trust is headquartered in DETROIT, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Comerica Bank Trust Na | TRUSTEE | $5K | $0 | $5K |
Total Giving
$16K
Total Assets
$197K
Fair Market Value
$255K
Net Worth
$197K
Grants Paid
$11K
Contributions
N/A
Net Investment Income
$4K
Distribution Amount
$12K
Total Grants
3
Total Giving
$32K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
1
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grand Rapids Community FoundationDAILY OPERATIONAL SUPPORT | Grand Rapids, MI | $12K | 2023 |