Bonisteel Foundation
Bonisteel Foundation is a private foundation, based in ANN ARBOR, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $235K in total assets. In 2024, it awarded 3 grants totaling $310K. Net investment income was $27K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$235K
-56.3% YoY
Annual Giving
$310K
+1450.0% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$103K
+1450.0% YoY
Under IRS private-foundation payout rules, Bonisteel Foundation reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.
About Bonisteel Foundation
Based on IRS filings
Bonisteel Foundation is a private foundation, based in ANN ARBOR, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $235K in total assets. In 2024, it awarded 3 grants totaling $310K. Net investment income was $27K.
Ready to take the next step with Bonisteel Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $234,749 | $537,086 | $532,023 |
| Revenue | $12,459 | $30,618 | $27,212 |
| Expenses | $324,436 | $25,595 | $38,183 |
| Qualifying Distributions | $314,385 | $22,000 | $36,050 |
| Net Investment Income | $27,188 | $28,372 | $25,279 |
| Distributable Amount | $31,165 | $32,653 | $36,854 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Interlochen Center for the Arts ($200,000), Interlochen Center for the Arts ($100,000), Northwestern Michigan College ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| INTERLOCHEN CENTER FOR THE ARTS INTERLOCHEN, MI | LILLIAN COLEMAN BONISTEEL ENDOWED CAMP SCHOLARSHIP | $100,000 |
| NORTHWESTERN MICHIGAN COLLEGE TRAVERSE CITY, MI | TUCKER BYL MEMORIAL SCHOLARSHIP ENDOWMENT | $10,000 |
| INTERLOCHEN CENTER FOR THE ARTS INTERLOCHEN, MI | BONISTEEL FAMILY LIBRARY AND ARCHIVES PROGRAM ENDOWMENT | $200,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FRANCES E JOHNSON | PRESIDENT | 1 | — |
| ELIZABETH J JOHNSON | SECRETARY | 1 | — |
| MARY KATHRYN JOHNSON | MEMBER | 1 | — |
Frequently Asked Questions
How large is Bonisteel Foundation?
As of 2024, Bonisteel Foundation holds $235K in total assets with $12K in annual revenue. It awarded 3 grants totaling $310K in 2024.
Where does Bonisteel Foundation operate?
Bonisteel Foundation has awarded grants in Michigan.
What size grants does Bonisteel Foundation award?
In 2024, Bonisteel Foundation awarded 3 grants totaling $310K — an average of about $103K per grant, based on its IRS Form 990 filings.
How much is Bonisteel Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bonisteel Foundation reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bonisteel Foundation's EIN?
Bonisteel Foundation's EIN (Employer Identification Number) is 23-7155774. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Bonisteel Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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