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Savage Foundation is a private corporation based in EAST LANSING, MI. The foundation received its IRS ruling in 1995. The principal officer is Mark Hooper Cpa. It holds total assets of $67K. Annual income is reported at $23K. Total assets have decreased from $247K in 2011 to $82K in 2023. The foundation is governed by 3 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 2023. The foundation primarily funds organizations in Michigan and Illinois. According to available records, Savage Foundation has made 64 grants totaling $105K, with a median grant of $1K. Annual giving has decreased from $24K in 2020 to $17K in 2023. Grantmaking activity was highest in 2022 with $40K distributed across 24 grants. Individual grants have ranged from $500 to $5K, with an average award of $2K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in Michigan and Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$2K
Largest Grant
$5K
Based on 14 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.
Savage Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 64 grants. Its grantmaking reaches organizations primarily in MI, IL.
Savage Foundation has distributed a total of $105K across 64 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $500 to $5K.
Savage Foundation typically selects its grantees rather than accepting unsolicited proposals.
Savage Foundation is headquartered in EAST LANSING, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James M Savage | PRESIDENT | $0 | $0 | N/A |
| Mary T Savage | SEC./TREAS. | $0 | $0 | N/A |
| Justin R Savage | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
$18K
Total Assets
$82K
Fair Market Value
$82K
Net Worth
$82K
Grants Paid
$17K
Contributions
N/A
Net Investment Income
$265
Distribution Amount
$5K
Total Grants
64
Total Giving
$105K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
14
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Haven HouseHOMELESS SHELTER | East Lansing, MI | $2K | 2023 |
| St John Student ParishCHURCH | East Lansing, MI | $3K | 2023 |
| Southside Community KitchenFOOD PANTRY | Lansing, MI | $3K | 2023 |
| Advent House MinistriesHOMELESS SHELTER | Lansing, MI | $2K | 2023 |
| Burcham Hills FoundationELDERLY CARE FACILITY | East Lansing, MI | $2K | 2023 |
| Rose Hill CenterMENTAL ILLNESS TREATMENT FACILITY | Okemos, MI | $1K | 2023 |
| Ele'S PlaceSUPPORT FOR GRIEVING CHILDREN | Lansing, MI | $1K | 2023 |
| Lansing City Rescue MissionHOMELESS SHELTER | Lansing, MI | $1K | 2023 |
| Greater Lansing Food BankFOOD BANK | Lansing, MI | $1K | 2023 |
| Evans Scholars FoundationEDUCATIONAL INSTITUTION | Golf, IL | $1K | 2023 |
| Peckham Community FoundationVOCATIONAL TRAINING/OPPORTUNITIES | Lansing, MI | $500 | 2023 |
| Kellogg School Of MgtEDUCATIONAL INSTITUTION | Evanston, IL | $500 | 2023 |
| Catholic Diocese Of LansingCHURCH | Lansing, MI | $5K | 2021 |
| Lansing Symphony OrchestraORCHESTRA | Lansing, MI | $1K | 2021 |