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Richard And Jane Manoogian Foundation is a private corporation based in DEARBORN, MI. The foundation received its IRS ruling in 1984. It holds total assets of $13.9M. Annual income is reported at $7.7M. Total assets have decreased from $105.6M in 2010 to $13.9M in 2024. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. Grantmaking is concentrated in Michigan. According to available records, Richard And Jane Manoogian Foundation has made 12 grants totaling $6.7M, with a median grant of $529K. Annual giving has grown from $2M in 2021 to $2.9M in 2023. Individual grants have ranged from $100K to $999K, with an average award of $557K. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$100K
Median Grant
$718K
Average Grant
$605K
Largest Grant
$999K
Based on 3 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.
Richard And Jane Manoogian Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in MI.
Richard And Jane Manoogian Foundation has distributed a total of $6.7M across 12 grants. The median grant size is $529K, with an average of $557K. Individual grants have ranged from $100K to $999K.
Richard And Jane Manoogian Foundation typically selects its grantees rather than accepting unsolicited proposals.
Richard And Jane Manoogian Foundation is headquartered in DEARBORN, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eugene A Gargaro Jr | PRESIDENT/SEC | $335K | $0 | $335K |
| Jane C Manoogian | Director | $300K | $0 | $300K |
| Richard A Manoogian | CHAIRMAN/TREA | $300K | $0 | $300K |
Total Giving
N/A
Total Assets
$13.9M
Fair Market Value
N/A
Net Worth
$13.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
12
Total Giving
$6.7M
Average Grant
$557K
Median Grant
$529K
Unique Recipients
1
Most Common Grant
$992K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached ScheduleCHARITABLE | Dearborn, MI | $992K | 2023 |