Danialle and Peter Karmanos Jr
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
Under IRS private-foundation payout rules, Danialle and Peter Karmanos Jr reported a distributable amount of $63K for 2024 — the minimum it must pay out in qualifying distributions.
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Nicholas Greek Orthodox Church ($300,000), College for Creative Studies ($150,000), University of Detroit Jesuit ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HILLSDALE COLLEGE HILLSDALE, MI | GIFT TO HILLSDALE COLLEGE | $5,000 |
| GRACE CENTERS OF HOPE PONTIAC, MI | GIFT TO GRACE CENTERS OF HOPE | $1,000 |
| CITY YEAR INC DETROIT, MI | GIFT TO CITY YEAR DETROIT | $25,000 |
| AMERICAN HEART ASSOCIATION DES MOINES, IA | GIFT TO AMERICAN HEART ASSOCIATION | $25,000 |
| DETROIT SPORTS COMMISSION DETROIT, MI | GIFT TO DETROIT SPORTS COMMISSION | $25,000 |
| WAYNE STATE UNIVERSITY DETROIT, MI | GIFT TO WDET 101.9FM | $5,000 |
| THE USA HOCKEY FOUNDATION COLORADO SPRINGS, CO | GIFT TO THE USA HOCKEY FOUNDATION | $25,000 |
| ST NICHOLAS GREEK ORTHODOX CHURCH ANN ARBOR, MI | GIFT TO ST. NICHOLAS GREEK ORTHODOX CHURCH | $300,000 |
| NATIONAL CENTER FOR PUBLIC POLICY RESEARCH WASHINGTON DC, DC | GIFT TO NATIONAL CENTER FOR PUBLIC POLICY RESEARCH | $25,000 |
| CROSSHAIRS FOUNDATION AUBURN HILLS, MI | GIFT TO CROSSHAIRS FOUNDATION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANIALLE KARMANOS | TRUSTEE | 5 | — |
| PETER KARMANOS JR | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Danialle and Peter Karmanos Jr?
Danialle and Peter Karmanos Jr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, MI. It holds $1.3M in total assets as of 2024.
How large is Danialle and Peter Karmanos Jr?
As of 2024, Danialle and Peter Karmanos Jr holds $1.3M in total assets with $113K in annual revenue. It awarded 21 grants totaling $814K in 2024.
Where does Danialle and Peter Karmanos Jr operate?
Danialle and Peter Karmanos Jr has awarded grants in California, Colorado, District of Columbia, Iowa, Michigan, New York, Texas, Virginia.
What size grants does Danialle and Peter Karmanos Jr award?
In 2024, Danialle and Peter Karmanos Jr awarded 21 grants totaling $814K — an average of about $39K per grant, based on its IRS Form 990 filings.
How much is Danialle and Peter Karmanos Jr required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Danialle and Peter Karmanos Jr reported a distributable amount of $63K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Danialle and Peter Karmanos Jr's EIN?
Danialle and Peter Karmanos Jr's EIN (Employer Identification Number) is 85-6590383. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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