The Verna E Mckibben Memorial Foundation is a private trust based in DETROIT, MI. The foundation received its IRS ruling in 1999. The principal officer is % Comerica Bank Agent. It holds total assets of $295K. Annual income is reported at $50K. The foundation operates in the area of philanthropy & grantmaking. According to available records, The Verna E Mckibben Memorial Foundation has made 28 grants totaling $108K, with a median grant of $3K. The foundation has distributed between $21K and $42K annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $42K distributed across 12 grants. Individual grants have ranged from $1K to $9K, with an average award of $4K. The foundation has supported 9 unique organizations. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.
The Verna E Mckibben Memorial Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in OH.
The Verna E Mckibben Memorial Foundation has distributed a total of $108K across 28 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $1K to $9K.
The Verna E Mckibben Memorial Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Verna E Mckibben Memorial Foundation is headquartered in DETROIT, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joel R Aberth | CO-TRUSTEE | $3K | $0 | $3K |
| Comerica Bank Trust N A | CO-TRUSTEE | $3K | $0 | $3K |
Total Giving
$33K
Total Assets
$300K
Fair Market Value
$398K
Net Worth
$300K
Grants Paid
$22K
Contributions
$0
Net Investment Income
$284
Distribution Amount
$19K
Total: $300K
Total Grants
28
Total Giving
$108K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
9
Most Common Grant
$3K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Norton Music Boosters AssociationSUPPORT FOR DAILY OPERATION | Norton, OH | $8K | 2024 |
| Akron-Canton Regional FoodbankSUPPORT FOR DAILY OPERATION | Akron, OH | $5K | 2024 |
| Wolf Creek Players IncSUPPORT FOR DAILY OPERATION | Norton, OH | $5K | 2024 |
| Love An Angel FoundationSUPPORT FOR DAILY OPERATION | New Franklin, OH | $4K | 2024 |
| The Oak ClinicSUPPORT FOR DAILY OPERATION | Uniontown, OH | $2K | 2023 |
| International Soap Box Derby IncSUPPORT FOR DAILY OPERATION | Akron, OH | $2K | 2023 |
| Rotary Camp For Children WithGENERAL SUPPORT | Akron, OH | $3K | 2021 |
| Stephen A Comunale Jr FamilyGENERAL SUPPORT | Akron, OH | $3K | 2021 |
| Bluecoats IncGENERAL SUPPORT | Cleveland, OH | $1K | 2021 |
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