Busby Memorial Educational Fund is a private foundation focused on Education, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 2 grants totaling $85K. Net investment income was $78K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
-0.5% YoY
Annual Giving
$85K
-6.5% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$42K
-6.5% YoY
About Busby Memorial Educational Fund
Based on IRS filings
Busby Memorial Educational Fund is a private foundation focused on Education, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 2 grants totaling $85K. Net investment income was $78K.
Focus Areas
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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 | $1,574,165 | $1,581,733 | $1,608,434 |
| Revenue | $104,258 | $93,329 | $101,213 |
| Expenses | $114,446 | $118,365 | $119,274 |
| Qualifying Distributions | $87,604 | $93,274 | $91,547 |
| Net Investment Income | $78,240 | $68,739 | $75,342 |
| Distributable Amount | $86,014 | $79,584 | $83,115 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| COMERICA BANK | CO-TRUSTEE | 1 | $28,414 |
| JOHN M CHASE JR | CO- TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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