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Also known as: FAMILY FOUNDATION
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Richard F & Carolyn A Chormann Family Foundation is a private corporation based in GRAND RAPIDS, MI. The foundation received its IRS ruling in 1999. The principal officer is Bank Of America Na. It holds total assets of $4.2M. Annual income is reported at $1.2M. The foundation is governed by 4 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 2016 to 2024. The foundation primarily funds organizations in Michigan, Arizona and Kentucky. According to available records, Richard F & Carolyn A Chormann Family Foundation has made 23 grants totaling $953K, with a median grant of $25K. Annual giving has grown from $177K in 2021 to $236K in 2024. Grantmaking activity was highest in 2023 with $274K distributed across 6 grants. Individual grants have ranged from $3K to $162K, with an average award of $41K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Michigan and Kentucky and Arizona. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$24K
Average Grant
$33K
Largest Grant
$107K
Based on 8 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 F & Carolyn A Chormann Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in MI, KY, AZ.
Richard F & Carolyn A Chormann Family Foundation has distributed a total of $953K across 23 grants. The median grant size is $25K, with an average of $41K. Individual grants have ranged from $3K to $162K.
Richard F & Carolyn A Chormann Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Richard F & Carolyn A Chormann Family Foundation is headquartered in GRAND RAPIDS, MI. While based in MI, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Plante Moran Trust | AGENT | $42K | $0 | $42K |
| Cynthia Hann | DIRECTOR, VICE PRESIDENT AND SECRETARY | $0 | $0 | N/A |
| Richard Chormann | DIRECTOR, PRESIDENT AND CEO | $0 | $0 | N/A |
| James Chormann | DIRECTOR, VICE PRESIDENT AND TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$4.2M
Fair Market Value
N/A
Net Worth
$4.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
23
Total Giving
$953K
Average Grant
$41K
Median Grant
$25K
Unique Recipients
9
Most Common Grant
$20K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Interlochen Center For The ArtsGENERAL OPERATING, SCHOLARSHIP AND CAC ENDOWMENT FOR VISUAL ARTS | Interlochen, MI | $90K | 2024 |
| Leelanau ConservancyPALMER WOODS PLEDGE 1000 ACRE PROJECT | Leland, MI | $75K | 2024 |
| Western Michigan University FoundationRICHARD F. AND CAROLYN CURTIS CHORMANN SCHOLARSHIP | Kalamazoo, MI | $56K | 2024 |
| Balancing Environment And Rehabilitation BearRESTORATION OF HISTORIC SLEEPING BEAR NATIONAL LAKESHORE | Flushing, MI | $15K | 2024 |
| Munson Healthcare FoundationsBIRTHING CENTER/NICU | Traverse City, MI | $60K | 2023 |
| Fishtown Preservation SocietyGENERAL OPERATING | Leeland, MI | $10K | 2023 |
| Arizona State University FoundationNEW AMERICAN UNIVERSITY SCHOLARSHIP | Tempe, AZ | $3K | 2023 |
| Glen Lake Association IncBOAT WASHING ENDOWMENT FUND | Glen Arbor, MI | $25K | 2022 |
| Presbyterian Church UsaBELL TOWER CAMPAIGN | Louisville, KY | $10K | 2022 |