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Michael And Marian Ilitch Foundation is a private trust based in DETROIT, MI. The foundation received its IRS ruling in 2017. It holds total assets of $5.7M. Annual income is reported at $268K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Michael And Marian Ilitch Foundation has made 9 grants totaling $565K, with a median grant of $50K. Annual giving has grown from $75K in 2021 to $230K in 2023. Grantmaking activity was highest in 2022 with $260K distributed across 4 grants. Individual grants have ranged from $25K to $100K, with an average award of $63K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Michigan and Montana. Contributions to this foundation are tax-deductible.
Michael And Marian Ilitch Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in MI, MT.
Michael And Marian Ilitch Foundation has distributed a total of $565K across 9 grants. The median grant size is $50K, with an average of $63K. Individual grants have ranged from $25K to $100K.
Michael And Marian Ilitch Foundation typically selects its grantees rather than accepting unsolicited proposals.
Michael And Marian Ilitch Foundation is headquartered in DETROIT, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Garden Trust Company Llc | ADMINISTRATIVE TRUSTEE | $10K | $0 | $10K |
| Marian Ilitch | TRUSTEE | $0 | $0 | $0 |
Total Giving
$264K
Total Assets
$5.5M
Fair Market Value
$5.5M
Net Worth
$5.5M
Grants Paid
$230K
Contributions
$0
Net Investment Income
$231K
Distribution Amount
$266K
Total Grants
9
Total Giving
$565K
Average Grant
$63K
Median Grant
$50K
Unique Recipients
5
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kirk Gibson FoundationDONATION TO PROVIDE FUNDING FOR ACTIVITY-BASED PROGRAMS AND THERAPIES THAT IMPROVE THE QUALITY OF LIFE FOR THOSE LIVING WITH PARKINSON'S. | Birmingham, MI | $100K | 2023 |
| Jamie Daniels FoundationSPONSORSHIP OF FUNDRAISER FOR PREVENTION, RECOVERY, AND STIGMA REDUCTION FOR SUBSTANCE ABUSE DISORDERS. | Detroit, MI | $100K | 2023 |
| Jack'S Place For Autism FoundationDONATION TO PROVIDE SUPPORT, EDUCATION, AND REFERRAL SERVICES FOR FAMILIES AFFECTED BY AUTISM | Southfield, MI | $30K | 2023 |
| Big Sky Community OrganizationDEVELOPMENT OF COMMUNITY ICE RINK | Big Sky, MT | $100K | 2022 |
| Kirk Gibson Foundation For Parkinson'S |
| Grosse Pointe Woods, MI |
| $50K |
| 2021 |
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