//
Work at this foundation?
Claim this profile to edit this page and see interest from grant seekers.
Riley Foundation is a private corporation based in DETROIT, MI. The foundation received its IRS ruling in 1999. The principal officer is Comerica Bank Co-Ttee. It holds total assets of $476K. Annual income is reported at $337K. Total assets have decreased from $2.6M in 2010 to $498K in 2023. The foundation is governed by 1 officer or trustee. 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 2021 to 2024. Grantmaking is concentrated in Michigan. According to available records, Riley Foundation has made 20 grants totaling $283K, with a median grant of $12K. The foundation has distributed between $57K and $113K annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $113K distributed across 8 grants. Individual grants have ranged from $4K to $30K, with an average award of $14K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$12K
Average Grant
$14K
Largest Grant
$30K
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.
Riley Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in MI.
Riley Foundation has distributed a total of $283K across 20 grants. The median grant size is $12K, with an average of $14K. Individual grants have ranged from $4K to $30K.
Riley Foundation typically selects its grantees rather than accepting unsolicited proposals.
Riley Foundation is headquartered in DETROIT, MI.
Get a weekly digest of new grants for organizations like yours
Get a free weekly digest of new grant opportunities as they're added to Granted. Unsubscribe anytime.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Comerica Bank Trust N A | CO-TRUSTEE | $12K | $0 | $12K |
Total Giving
$68K
Total Assets
$498K
Fair Market Value
$651K
Net Worth
$498K
Grants Paid
$57K
Contributions
N/A
Net Investment Income
$30K
Distribution Amount
$31K
Total: $485K
Total Grants
20
Total Giving
$283K
Average Grant
$14K
Median Grant
$12K
Unique Recipients
4
Most Common Grant
$30K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Safari Club InternationalSUPPORT OF DAILY ACTIVITIES | Canton, MI | $30K | 2024 |
| Angela HospiceSUPPORT OF DAILY ACTIVITIES | Livonia, MI | $18K | 2024 |
| Farmington Hills PoliceSUPPORT OF DAILY ACTIVITIES | Farmington Hills, MI | $5K | 2024 |
| Yankee Air MuseumSUPPORT OF DAILY ACTIVITIES | Belleville, MI | $4K | 2024 |