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Persia Family Foundation is a private corporation based in FENTON, MI. The foundation received its IRS ruling in 1995. The principal officer is Raymond J Persia. It holds total assets of $348K. Annual income is reported at $172K. Total assets have grown from $217K in 2011 to $276K in 2023. The foundation is governed by 3 officers and trustees. 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 2020 to 2023. Grantmaking is concentrated in Michigan. According to available records, Persia Family Foundation has made 22 grants totaling $115K, with a median grant of $5K. The foundation has distributed between $17K and $51K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $51K distributed across 10 grants. Individual grants have ranged from $1K to $11K, with an average award of $5K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Michigan and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$4K
Average Grant
$5K
Largest Grant
$10K
Based on 4 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.
Persia Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in MI, MA.
Persia Family Foundation has distributed a total of $115K across 22 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $1K to $11K.
Persia Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Persia Family Foundation is headquartered in FENTON, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Raymond J Persia | PRESIDENT | $0 | $0 | N/A |
| Sonya K Persia | SECRETARY | $0 | $0 | N/A |
| Kimber Persia Laur | DIRECTOR | $0 | $0 | N/A |
Total Giving
$22K
Total Assets
$276K
Fair Market Value
$520K
Net Worth
$276K
Grants Paid
$17K
Contributions
N/A
Net Investment Income
$31K
Distribution Amount
$22K
Total: $265K
Total Grants
22
Total Giving
$115K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
7
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Flint Institute Of ArtsPUBLIC GENERAL | Flint, MI | $2K | 2021 |
| St John'S ChurchRELIGIOUS | Howell, MI | $11K | 2023 |
| OtherPUBLIC GENERAL | Various, MI | $5K | 2023 |
| Building Beds For KidsFUNDING FOR MATERIALS TO BUILD BEDS FOR KIDS | Oak Park, MI | $1K | 2023 |
| Clarke School For The DeafSCHOOL FOR DEAF SUPPORT | Northampton, MA | $5K | 2022 |
| Diocese Of LansingDIOCESE SUPPORT | Lansing, MI | $1K | 2022 |
| Hillsdale CollegeEDUCATIONAL SUPPORT | Hillsdale, MI | $2K | 2021 |