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Skiles Foundation is a private corporation based in DETROIT, MI. The foundation received its IRS ruling in 1999. The principal officer is Comerica Bank Agent. It holds total assets of $2.8M. Annual income is reported at $996K. Total assets have decreased from $3.5M in 2011 to $2.8M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. According to available records, Skiles Foundation has made 20 grants totaling $795K, with a median grant of $24K. Annual giving has grown from $180K in 2021 to $237K in 2023. Grantmaking activity was highest in 2022 with $378K distributed across 12 grants. Individual grants have ranged from $12K to $160K, with an average award of $40K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Texas and Tennessee. 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.
Skiles 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 TX, TN.
Skiles Foundation has distributed a total of $795K across 20 grants. The median grant size is $24K, with an average of $40K. Individual grants have ranged from $12K to $160K.
Limited to non-profit organizations located in texas.
Skiles Foundation is headquartered in DETROIT, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ann Skiles Mcginty | PRESIDENT/TREASURER | $0 | $0 | N/A |
| Sarah Skiles Zachry | VICE PRESIDENT/ SECRETARY | $0 | $0 | N/A |
Total Giving
$274K
Total Assets
$2.8M
Fair Market Value
$3.2M
Net Worth
$2.8M
Grants Paid
$237K
Contributions
N/A
Net Investment Income
$75K
Distribution Amount
$156K
Total: $2.6M
Total Grants
20
Total Giving
$795K
Average Grant
$40K
Median Grant
$24K
Unique Recipients
8
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Nature Conservancy Of TexasSUPPORT FOR DAILY | San Antonio, TX | $100K | 2023 |
| The Museum Of Fine Arts HoustonSUPPORT FOR DAILY | Houston, TX | $50K | 2023 |
| Headwaters At Incarnate WordSUPPORT OF DAILY OPERATIONS | San Antonio, TX | $24K | 2023 |
| Camp Fern LegacySUPPORT OF DAILY OPERATIONS | Marshall, TX | $24K | 2023 |
| Project Row HouseSUPPORT FOR DAILY | Houston, TX | $20K | 2023 |
| Houston Area Parkinson SocietySUPPORT FOR DAILY | Houston, TN | $20K | 2023 |
| Incarnate Word AcademySUPPORT FOR DAILY | Houston, TX | $25K | 2022 |
| Houston Chamber ChoirSUPPORT FOR DAILY | Houston, TX | $20K | 2022 |