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Also known as: D/B/A THE MICHAELS FAMILY FOUNDATION
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Michaels Foundation Inc. is a private corporation based in SHELTON, CT. The foundation received its IRS ruling in 1970. The principal officer is Michaels Inc.. It holds total assets of $884K. Annual income is reported at $768K. Total assets have decreased from $175K in 2010 to $121K in 2022. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in Connecticut, Arizona and New York. According to available records, Michaels Foundation Inc. has made 34 grants totaling $57K, with a median grant of $1K. Annual giving has decreased from $22K in 2020 to $7K in 2023. Grantmaking activity was highest in 2022 with $28K distributed across 10 grants. Individual grants have ranged from $250 to $6K, with an average award of $2K. The foundation has supported 27 unique organizations. The foundation primarily supports organizations in Connecticut, Arizona, New York, which account for 85% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$3K
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.
Michaels Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 34 grants. Its grantmaking reaches organizations primarily in CT, AZ, NY.
Michaels Foundation Inc. has distributed a total of $57K across 34 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $250 to $6K.
Michaels Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Michaels Foundation Inc. is headquartered in SHELTON, CT. While based in CT, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William Mark Michaels | CHAIRMAN | $0 | $0 | N/A |
| Lindsay Michaels-Gorski | SECRETARY | $0 | $0 | N/A |
| Brittany Michaels | TREASURER | $0 | $0 | N/A |
| Jacqueline Cassidy | CONTROLLER (FROM MAY 2021 ON) | $0 | $0 | N/A |
Total Giving
$14K
Total Assets
$121K
Fair Market Value
$121K
Net Worth
$121K
Grants Paid
$7K
Contributions
$13K
Net Investment Income
$13K
Distribution Amount
$6K
Total: $117K
Total Grants
34
Total Giving
$57K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
27
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Malta HouseSOCIAL SERVICES SUPPORT | Norwalk, CT | $5K | 2023 |
| Dk Movement CareSPECIAL NEEDS CARE | Bristol, CT | $250 | 2023 |
| Hope For JusticeLEGAL AID | Nashville, TN | $250 | 2023 |
| Tu NiditoCHILDREN AND FAMILY SERVICES | Tucson, AZ | $250 | 2023 |
| Bridgeport Hospital FoundationSUPPORT BREAST CANCER RESEARCH | Bridgeport, CT | $250 | 2023 |
| Tunnel To Towers FoundationTO PROVIDE SUPPORT TO FIRST RESPONDERS | Staten Island, NY | $250 | 2023 |
| PawsANIMAL WELFARE | Norwalk, CT | $250 | 2023 |
| The Ms SocietyRESEARCH AND SUPPORT | Creve Coeur, MO | $250 | 2023 |
| St Judes Childrens HospitalCHILDREN CANCER RESEARCH | Memphis, TN | $250 | 2023 |
| Ciac (Connecticut Association Of Schools)TO SUPPORT CONNECTICUT INTERSCHOLASTIC ATHLETIC CONFERENCE | Cheshire, CT | $6K | 2022 |
| Sandy Hook Promise FoundationTO SUPPORT THE EDUCATION AND EMPOWERING OF YOUTH AND ADULTS TO PREVENT VIOLENCE IN SCHOOLS, HOMES, AND COMMUNITIES. | Newtown, CT | $2K | 2022 |
| Esperanza En EscalanteTO SUPPORT HOUSING FOR HOMELESS VETERANS AND VETERANS' FAMILIES. | Tucson, AZ | $1K | 2022 |
| Pediatric Cancer FoundationTO SUPPORT CHILDHOOD CANCER RESEARCH. | Mamaroneck, NY | $500 | 2022 |
| Ct Association Of Secondary SchoolsCHARITABLE PURPOSES - EDUCATION | Cheshire, CT | $5K | 2020 |
| Connecticut Children'S Medical CenterCHARITABLE PURPOSES | Hartford, CT | $3K | 2020 |
| Uconn Foundation IncCHARITABLE PURPOSES - ATHLETICS | Storrs, CT | $3K | 2020 |
| The Mr Mo ProjectCHARITABLE PURPOSES | Clifton Park, NY | $1K | 2020 |
| Mcgivney Community Center IncCHARITABLE PURPOSES | Bridgeport, CT | $1K | 2020 |
| Team IncCHARITABLE PURPOSES | Derby, CT | $1K | 2020 |
| The Center For Family JusticeCHARITABLE PURPOSES | Bridgeport, CT | $1K | 2020 |
| El Tour De TucsonCHARITABLE PURPOSES | Tucson, AZ | $1K | 2020 |
| CumacCHARITABLE PURPOSES | Paterson, NJ | $1K | 2020 |
| Boys & Girls Club Of The Lower Naugatuck ValleyCHARITABLE PURPOSES | Shelton, CT | $1K | 2020 |
| Rotary Club Of WatertownCHARITABLE PURPOSES - JUMPING JACK PLAYGROUND | Watertown, CT | $1K | 2020 |
| Flying Fur Animal RescueCHARITABLE PURPOSES | Zieglerville, PA | $1K | 2020 |
| Central Connecticut Coast Ymca IncCHARITABLE PURPOSES | New Haven, CT | $1K | 2020 |
| Monroe Food PantryCHARITABLE PURPOSES | Monroe, CT | $500 | 2020 |