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Robert M Morand Scholarship Fund is a private corporation based in BLOOMFLD HLS, MI. The foundation received its IRS ruling in 2015. It holds total assets of $935K. Annual income is reported at $36K. PROVIDE FUNDS TO SCHOOLS WHO WILL IN TURN PROVIDE SCHOLARSHIPS TO CHILDREN WHO RESIDE IN THE CITY OF DETROIT AND ARE CURRENTLY ENROLLED OR ACCEPTED FOR ENROLLMENT AT A CATHOLIC HIGH SCHOOL IN THE CITY OF DETROIT. According to available records, Robert M Morand Scholarship Fund has made 12 grants totaling $198K, with a median grant of $17K. The foundation has distributed between $48K and $51K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $51K distributed across 3 grants. Individual grants have ranged from $16K to $17K, with an average award of $17K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
PROVIDE FUNDS TO SCHOOLS WHO WILL IN TURN PROVIDE SCHOLARSHIPS TO CHILDREN WHO RESIDE IN THE CITY OF DETROIT AND ARE CURRENTLY ENROLLED OR ACCEPTED FOR ENROLLMENT AT A CATHOLIC HIGH SCHOOL IN THE CITY OF DETROIT.
Expenses: $48K
PROVIDE FUNDS TO SCHOOLS WHO WILL IN TURN PROVIDE SCHOLARSHIPS TO CHILDREN WHO RESIDE IN THE CITY OF DETROIT AND ARE CURRENTLY ENROLLED OR ACCEPTED FOR ENROLLMENT AT A CATHOLIC HIGH SCHOOL IN THE CITY OF DETROIT. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in MI.
Robert M Morand Scholarship Fund has distributed a total of $198K across 12 grants. The median grant size is $17K, with an average of $17K. Individual grants have ranged from $16K to $17K.
Robert M Morand Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
Robert M Morand Scholarship Fund is headquartered in BLOOMFLD HLS, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rosemary Morand | SECRETARY/TREASURER | $551 | $0 | $551 |
| John P Morand | PRESIDENT | $0 | $0 | $0 |
| Grace E Morand | VICE PRESIDENT | $0 | $0 | $0 |
Total Giving
$54K
Total Assets
$944K
Fair Market Value
$1.5M
Net Worth
$944K
Grants Paid
$51K
Contributions
$309
Net Investment Income
$5K
Distribution Amount
$69K
Total: $0
Total Grants
12
Total Giving
$198K
Average Grant
$17K
Median Grant
$17K
Unique Recipients
3
Most Common Grant
$16K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cristo Rey High SchoolSCHOLARSHIPS | Detroit, MI | $17K | 2023 |
| Loyola High SchoolSCHOLARSHIPS | Detroit, MI | $17K | 2023 |
| U Of D Jesuit High SchoolSCHOLARSHIPS | Detroit, MI | $17K | 2023 |
SOUTHFIELD, MI
WYOMING, MI
MADRAS, OR
TROY, MI
CONWAY, NH
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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