Carl H Muselman Family Foundation

BERNE, IN EIN: 31-0941467

Carl H Muselman Family Foundation is a private foundation, based in BERNE, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $932K in total assets. In 2024, it awarded 9 grants totaling $60K. Net investment income was $81K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$932K

+2.2% YoY

Annual Giving

$60K

-7.7% YoY

Grant Count

9

-10.0% YoY

Avg Grant Size

$7K

+2.6% YoY

Under IRS private-foundation payout rules, Carl H Muselman Family Foundation reported a distributable amount of $56K for 2024 — the minimum it must pay out in qualifying distributions.

About Carl H Muselman Family Foundation

Based on IRS filings

Carl H Muselman Family Foundation is a private foundation, based in BERNE, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $932K in total assets. In 2024, it awarded 9 grants totaling $60K. Net investment income was $81K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BerneCharlotteFort WayneGrangerHilliardIndianapolisKansas CityMishawakaWake Forest

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$48K$96K$144K$192K201920202021202220232024
Metric202420232022
Total Assets$931,692$911,322$946,553
Revenue$92,762$41,550$54,912
Expenses$72,392$76,781$83,076
Qualifying Distributions$60,000$65,000$70,000
Net Investment Income$81,447$30,846$43,913
Distributable Amount$56,346$60,718$63,735

Giving Over Time

Total grant dollars and number of grants per year

$0$18K$35K$53K$70K1 grants20191 grants20205 grants20217 grants202210 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

BETHEL UNIVERSITY$15KLIFEWISE ACADEMY$10KA HEALING HOPE$5KCORPORATE CHAPLAINS OF A…$5KFELLOWSHIP OF CHRISTIAN …$5KFORT WAYNE RESCUE MISSION$5KMISSIONARY ATHLETES INTE…$5KWHEELER MISSION$5KWORLD PARTNERS$5K

Grant Size Distribution

32 grants across all recorded years

31<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Bethel University ($15,000), Lifewise Academy ($10,000), A Healing Hope ($5,000).

RecipientPurposeAmount
A HEALING HOPE GRANGER, INPROGRAM SUPPORT$5,000
BETHEL UNIVERSITY MISHAWAKA, INEDUCATION$15,000
CORPORATE CHAPLAINS OF AMERICA WAKE FOREST, NCPROGRAM SUPPORT$5,000
FELLOWSHIP OF CHRISTIAN ATHLETES KANSAS CITY, MOPROGRAM SUPPORT$5,000
FORT WAYNE RESCUE MISSION FORT WAYNE, INPROGRAM SUPPORT$5,000
LIFEWISE ACADEMY HILLIARD, OHPROGRAM SUPPORT$10,000
MISSIONARY ATHLETES INTERNATIONAL CHARLOTTE, NCPROGRAM SUPPORT$5,000
WHEELER MISSION INDIANAPOLIS, INPROGRAM SUPPORT$5,000
WORLD PARTNERS FORT WAYNE, INPROGRAM SUPPORT$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MARILYN C MUSELMANPRESIDENT1
THOMAS C MUSELMANVICE PRES.1
TYLER KITTCFO1

Frequently Asked Questions

How large is Carl H Muselman Family Foundation?

As of 2024, Carl H Muselman Family Foundation holds $932K in total assets with $93K in annual revenue. It awarded 9 grants totaling $60K in 2024.

Where does Carl H Muselman Family Foundation operate?

Carl H Muselman Family Foundation has awarded grants in Indiana, Missouri, North Carolina, Ohio.

What size grants does Carl H Muselman Family Foundation award?

In 2024, Carl H Muselman Family Foundation awarded 9 grants totaling $60K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Carl H Muselman Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Carl H Muselman Family Foundation reported a distributable amount of $56K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Carl H Muselman Family Foundation's EIN?

Carl H Muselman Family Foundation's EIN (Employer Identification Number) is 31-0941467. IRS Form 990 filing data is available on this page for 2019–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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