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William & Sarah Speck Trust is a private trust based in DETROIT, MI. The foundation received its IRS ruling in 1998. The principal officer is Comerica Bank Trustee. It holds total assets of $997K. Annual income is reported at $90K. The foundation is governed by 1 officer or trustee. 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 2021 to 2024. The foundation primarily funds organizations in Michigan and Oklahoma. According to available records, William & Sarah Speck Trust has made 15 grants totaling $248K, with a median grant of $16K. The foundation has distributed between $48K and $96K annually from 2021 to 2024. Grantmaking activity was highest in 2023 with $96K distributed across 6 grants. Individual grants have ranged from $16K to $18K, with an average award of $17K. The foundation has supported 3 unique organizations. The foundation primarily supports organizations in Michigan, Oklahoma, Florida, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$18K
Median Grant
$18K
Average Grant
$18K
Largest Grant
$18K
Based on 3 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.
William & Sarah Speck Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in MI, OK, FL.
William & Sarah Speck Trust has distributed a total of $248K across 15 grants. The median grant size is $16K, with an average of $17K. Individual grants have ranged from $16K to $18K.
William & Sarah Speck Trust typically selects its grantees rather than accepting unsolicited proposals.
William & Sarah Speck Trust is headquartered in DETROIT, MI. While based in MI, the foundation distributes grants to organizations across 4 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Comerica Bank | TRUSTEE | $19K | $0 | $19K |
Total Giving
N/A
Total Assets
$997K
Fair Market Value
N/A
Net Worth
$997K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
15
Total Giving
$248K
Average Grant
$17K
Median Grant
$16K
Unique Recipients
3
Most Common Grant
$16K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietySUPPORT FOR DAILY | Hagerstown, MD | $16K | 2024 |
| Shriners HospitalSUPPORT FOR DAILY | Tampa, FL | $16K | 2024 |
| Mercy Primary Care CenterSUPPORT FOR DAILY | Ann Arbor, MI | $16K | 2024 |