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Richard And Mary Arden Foundation is a private corporation based in DETROIT, MI. The foundation received its IRS ruling in 2003. The principal officer is Comerica Bank Agent. It holds total assets of $950K. Annual income is reported at $495K. Total assets have grown from $74K in 2010 to $956K in 2022. The foundation operates in the area of education. Tax records are available from 2020 to 2023. According to available records, Richard And Mary Arden Foundation has made 4 grants totaling $255K, with a median grant of $60K. Annual giving has grown from $75K in 2021 to $180K in 2022. Individual grants have ranged from $60K to $75K, with an average award of $64K. Grant recipients are concentrated in New York. 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.
Richard And Mary Arden Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY.
Richard And Mary Arden Foundation has distributed a total of $255K across 4 grants. The median grant size is $60K, with an average of $64K. Individual grants have ranged from $60K to $75K.
The application deadline is DECEMBER 31. Limited to journalism students.
Richard And Mary Arden Foundation is headquartered in DETROIT, MI.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$83K
Total Assets
$956K
Fair Market Value
$1.1M
Net Worth
$956K
Grants Paid
$60K
Contributions
N/A
Net Investment Income
$50K
Distribution Amount
$56K
Total: $946K
Total Grants
4
Total Giving
$255K
Average Grant
$64K
Median Grant
$60K
Unique Recipients
1
Most Common Grant
$60K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fordham University - Arden ScholarsSCHOLARSHIP | New York, NY | $60K | 2022 |