Busby Memorial Educational Fund
DETROIT, MI EIN: 38-2683345
Financial Overview
From 2024 IRS Form 990-PF
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
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| 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 .
Who else does Busby Memorial Educational Fund fund?
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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 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Michigan $430K (100%)
States
Cities
HillsdaleInterlochen
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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