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The Ave Maria Foundation is a private corporation based in ANN ARBOR, MI. The foundation received its IRS ruling in 1984. It holds total assets of $3.1M. Annual income is reported at $932K. The Ave Maria Foundation (TAMF) covers expenses (including priest stipends) for a chapel that offers four daily masses to approximately 300 individuals a day. According to available records, The Ave Maria Foundation has made 28 grants totaling $588K, with a median grant of $13K. Annual giving has decreased from $301K in 2020 to $56K in 2023. Individual grants have ranged from $682 to $88K, with an average award of $21K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Florida and Michigan and Virginia. Contributions to this foundation are tax-deductible.
The Ave Maria Foundation (TAMF) covers expenses (including priest stipends) for a chapel that offers four daily masses to approximately 300 individuals a day.
Expenses: $78K
The Ave Maria Foundation (TAMF) covers expenses (including priest stipends) for a chapel that offers four daily masses to approximately 300 individuals a day. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in FL, MI, VA.
The Ave Maria Foundation has distributed a total of $588K across 28 grants. The median grant size is $13K, with an average of $21K. Individual grants have ranged from $682 to $88K.
The Ave Maria Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Ave Maria Foundation is headquartered in ANN ARBOR, MI. While based in MI, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul Roney | Treasurer/Director | $99K | $31K | $129K |
| Jeff Randolph | Secretary/Director | $69K | $31K | $100K |
| Thomas S Monaghan | President/Director | $36K | $18K | $53K |
Total Giving
$1.3M
Total Assets
$3.3M
Fair Market Value
$3.3M
Net Worth
$3.1M
Grants Paid
$56K
Contributions
$1M
Net Investment Income
$3K
Distribution Amount
$81K
Total Grants
28
Total Giving
$588K
Average Grant
$21K
Median Grant
$13K
Unique Recipients
8
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| LegatusGeneral Support | Ann Arbor, MI | $19K | 2023 |
| Fr Gabriel Richard High SchoolGeneral Support | Ann Arbor, MI | $20K | 2023 |
| Ave Maria UniversityGeneral Support | Ave Maria, FL | $7K | 2023 |
| Spiritus Sanctus AcademyGeneral Support | Ann Arbor, MI | $5K | 2023 |
| Ave Maria School Of LawGeneral Support | Naples, FL | $3K |
| 2023 |
| Huron Valley Catholic SchoolGeneral Support | Ypsilanti, MI | $2K | 2023 |
| Arborwomen HealthGeneral Support | Ann Arbor, MI | $1K | 2023 |
| Cardinal Newman SocietyGeneral Support | Merrifield, VA | $5K | 2020 |
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