Comerica Charitable Foundation
Comerica Charitable Foundation is a private, non-operating foundation based in Farmington Hills, Michigan. Established in 1997 and receiving its IRS ruling in 1998, the foundation is a company-sponsored foundation supported by Comerica Incorporated. The foundation operates as a corporate grantmaking entity focused on community development and social impact initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$3.8M
+6.7% YoY
Grant Count
13
-96.5% YoY
Avg Grant Size
$295K
+2943.7% YoY
Mission & Focus Areas
The foundation supports organizations involved with:
- Education
- Health
- Employment
- Housing
- Financial literacy
- Community development
- Programs serving economically disadvantaged people
- Diversity and inclusion initiatives
- Human services
- Philanthropy and voluntarism
Grantmaking
The foundation does not accept unsolicited applications. It makes contributions only to preselected charitable organizations.
Grant Range
$5,000
Average Grant
amount: $10,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Michigan
- Texas
- California
- Arizona
- Virginia
These three primary states (Michigan, California, and Texas) account for approximately 94% of grantmaking activity.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $6,067,780
- Total revenues: $7,023,975
- Total expenses: $3,932,741
- Annual income: $10,900,000
Historical Asset Growth:
- 2011: $138,000
- 2023: $2,825,546
- 2024: $6,067,780
Cumulative Grantmaking: The foundation has made approximately 1,799 grants totaling $18.6 million across its history, supporting 787 unique organizations.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
213 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Wendy Bridges – Principal Officer
- Debra Stover – Vice President - Tax
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Wendy Bridges | Chair & Director | 1 | — |
| Stanislava Kostova | Treasurer | 1 | — |
| Ashley Federer | Corporate Secretary | 1 | — |
| Shelly P Pisors | President & Director | 1 | — |
| Andrew West | Assistant Corporate Secretary | 1 | — |
| Mauricio A Ortiz | Director | 1 | — |
| Megan Burkhart | Director | 1 | — |
| Rosalind Dear | Director | 1 | — |
| John Lesikar | Director | 1 | — |
| Kristina Janssens | Director | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has been active in supporting Detroit's entrepreneurial ecosystem through the Hatch Detroit Contest, a $100,000 annual grant competition administered by TechTown that supports small businesses and the local startup ecosystem. The foundation has also made significant contributions to Michigan community initiatives, including nearly $240,000 in donations to Michigan-based organizations in 2020.
$100000 Comerica Hatch Detroit Contest by TechTown Returns to ...Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Grants
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Total Given
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Robert a Leonard Jr Charitable Trus
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Total Given
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Assets
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Total Given
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Dr Shanti Swarup & Mrs Chawla Devi
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Total Given
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Bojrab Family Foundation
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Assets
$185K
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Total Given
$27K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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