//
Also known as: FOUNDATION
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Timothy & Barbara Michels Family Foundation is a private corporation based in BROWNSVILLE, WI. The foundation received its IRS ruling in 2003. The principal officer is Susan P Kaiser. It holds total assets of $1.5M. Annual income is reported at $10.8M. Total assets have grown from N/A in 2011 to $543K 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. The foundation primarily funds organizations in Wisconsin and New York. According to available records, Timothy & Barbara Michels Family Foundation has made 10 grants totaling $950K, with a median grant of $50K. Annual giving has decreased from $850K in 2021 to $100K in 2022. Individual grants have ranged from $10K to $500K, with an average award of $95K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in New York and Wisconsin and Massachusetts. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$50K
Average Grant
$151K
Largest Grant
$1M
Based on 11 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.
Timothy & Barbara Michels Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in NY, WI, MA.
Timothy & Barbara Michels Family Foundation has distributed a total of $950K across 10 grants. The median grant size is $50K, with an average of $95K. Individual grants have ranged from $10K to $500K.
Timothy & Barbara Michels Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Timothy & Barbara Michels Family Foundation is headquartered in BROWNSVILLE, WI. While based in WI, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Timothy J Michels | TRUSTEE | $0 | $0 | N/A |
| Barbara A Michels | TRUSTEE | $0 | $0 | N/A |
Total Giving
$2.5M
Total Assets
$543K
Fair Market Value
$1.7M
Net Worth
$543K
Grants Paid
$2.5M
Contributions
$2.6M
Net Investment Income
$2.5M
Distribution Amount
$33K
Total Grants
10
Total Giving
$950K
Average Grant
$95K
Median Grant
$50K
Unique Recipients
9
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fordham UniversityANNUAL FUND | New York, NY | $50K | 2022 |
| Cornell UniversityWEILL CORNELL MEDICINE | Ithaca, NY | $500K | 2021 |
| Avail NycOPERATING EXPENSES | New York, NY | $150K | 2021 |
| Babson CollegeOPERATING EXPENSES | Babson Park, MA | $50K | 2021 |
| Wisconsin Right To Life Education FundOPERATING EXPENSES | Milwaukee, WI | $50K | 2021 |
| Spring Creek ChurchOPERATING EXPENSES | Pewaukee, WI | $50K | 2021 |
| Xavier High SchoolOPERATING EXPENSES | New York, NY | $25K | 2021 |
| Milwaukee Education PartnershipOPERATING EXPENSES | Milwaukee, WI | $15K | 2021 |
| C2k MinistriesOPERATING EXPENSES | Hartland, WI | $10K | 2021 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI