Danialle and Peter Karmanos Jr

BIRMINGHAM, MI EIN: 85-6590383

Danialle and Peter Karmanos Jr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 21 grants totaling $814K. Net investment income was $1.8M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

-34.8% YoY

Annual Giving

$814K

+328.2% YoY

Grant Count

21

+133.3% YoY

Avg Grant Size

$39K

+83.5% YoY

About Danialle and Peter Karmanos Jr

Based on IRS filings

Danialle and Peter Karmanos Jr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 21 grants totaling $814K. Net investment income was $1.8M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

Ann ArborArlingtonAuburn HillsBeverly HillsBloomfieldBloomfield HillsColorado SpringsConroeDearbornDes MoinesDetroitHillsdaleNew YorkPontiacSanta BarbaraSanta YnezSouthfieldStaten IslandTroyWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$552K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$1,329,076$2,037,946$225,330
Revenue$113,047$2,005,903$3,108
Expenses$817,500$193,295$27,995
Qualifying Distributions$813,500$191,647$27,745
Net Investment Income$1,769,064
Distributable Amount$62,567$14,638$12,070

Giving Over Time

Total grant dollars and number of grants per year

$0$203K$407K$610K$814K0 grants20200 grants20211 grants20229 grants202321 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ST NICHOLAS GREEK ORTHOD…$300KCOLLEGE FOR CREATIVE STU…$150KUNIVERSITY OF DETROIT JE…$50KCOREWELL FOUNDATION SOUT…$35KMICHIGAN JEWISH SPORTS F…$33KARCHONS OF THE ECUMENCIA…$30KCITY YEAR INC$25KAMERICAN HEART ASSOCIATION$25KDETROIT SPORTS COMMISSION$25KTHE USA HOCKEY FOUNDATION$25K

Grant Size Distribution

31 grants across all recorded years

28<$50K1$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
DANIALLE KARMANOSTRUSTEE5
PETER KARMANOS JRTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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