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Also known as: FBO BETHLEHEM XXXXX3009
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Mckay Endowment Fund Fbo Bethlehem is a private corporation based in ANN ARBOR, MI. The foundation received its IRS ruling in 2008. It holds total assets of $978K. Annual income is reported at $245K. 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 2023. According to available records, Mckay Endowment Fund Fbo Bethlehem has made 5 grants totaling $226K, with a median grant of $44K. The foundation has distributed between $39K and $99K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $99K distributed across 2 grants. Individual grants have ranged from $39K to $50K, with an average award of $45K. 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.
Mckay Endowment Fund Fbo Bethlehem primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in MI.
Mckay Endowment Fund Fbo Bethlehem has distributed a total of $226K across 5 grants. The median grant size is $44K, with an average of $45K. Individual grants have ranged from $39K to $50K.
Mckay Endowment Fund Fbo Bethlehem typically selects its grantees rather than accepting unsolicited proposals.
Mckay Endowment Fund Fbo Bethlehem is headquartered in ANN ARBOR, MI.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of Ann Arbor Trust Department | TRUSTEE | $5K | $0 | $5K |
Total Giving
$52K
Total Assets
$938K
Fair Market Value
$960K
Net Worth
$938K
Grants Paid
$44K
Contributions
N/A
Net Investment Income
$23K
Distribution Amount
$45K
Total: N/A
Total Grants
5
Total Giving
$226K
Average Grant
$45K
Median Grant
$44K
Unique Recipients
1
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bethlehem United Church Of ChristGENERAL | Ann Arbor, MI | $44K | 2023 |