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The Robert W Veronica M Cermak Fund is a private trust based in MIDLAND, MI. The foundation received its IRS ruling in 2016. The principal officer is Chemical Bank Ttee. It holds total assets of $2M. Annual income is reported at $551K. Total assets have grown from $1.4M in 2015 to $2.2M in 2023. The foundation is governed by 2 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. According to available records, The Robert W Veronica M Cermak Fund has made 4 grants totaling $488K, with a median grant of $120K. Annual giving has grown from $106K in 2020 to $133K in 2023. Grantmaking activity was highest in 2022 with $145K distributed across 1 grants. Individual grants have ranged from $105K to $145K, with an average award of $122K. Grant recipients are concentrated in Michigan. 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.
The Robert W Veronica M Cermak Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MI.
The Robert W Veronica M Cermak Fund has distributed a total of $488K across 4 grants. The median grant size is $120K, with an average of $122K. Individual grants have ranged from $105K to $145K.
The Robert W Veronica M Cermak Fund typically selects its grantees rather than accepting unsolicited proposals. The application deadline is THE GRANT APPLICATION PROCESS IS BEING DEVELOPED BY THE FUND. Must be a resident of midland county.
The Robert W Veronica M Cermak Fund is headquartered in MIDLAND, MI.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gina Stevens Msa | DIRECTOR | $0 | $0 | N/A |
| Danielle Wilcox | DIRECTOR | $0 | $0 | N/A |
Total Giving
$161K
Total Assets
$2.2M
Fair Market Value
$2.7M
Net Worth
$2.2M
Grants Paid
$133K
Contributions
N/A
Net Investment Income
$181K
Distribution Amount
$127K
Total: $2M
Total Grants
4
Total Giving
$488K
Average Grant
$122K
Median Grant
$120K
Unique Recipients
1
Most Common Grant
$106K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Midmichigan Health FoundationHEALTHCARE ASSISTANCE FOR LOW INCOME INDIVIDUALS | Midland, MI | $133K | 2023 |