The Daniel J Kobasic Foundation is a private foundation based in Escanaba, Michigan. Established in 2019, it operates as a tax-exempt charitable organization with a focus on grantmaking to support various community initiatives and educational institutions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$31.1M
+57.9% YoY
Annual Giving
$1.9M
+68.3% YoY
Grant Count
38
+72.7% YoY
Avg Grant Size
$50K
-2.6% YoY
Under IRS private-foundation payout rules, Daniel J Kobasic Foundation reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation funds teacher salaries and supports a range of causes including education, human services, health-related initiatives, and community development. Documented funding areas include cancer nonprofits, digestive system health and diseases, obesity prevention, and arts organizations.
Grantmaking
The foundation demonstrates active grantmaking across multiple sectors. Recent grants include:
Grant Range
of $5,900 and an average grant size of $46,700. Total giving in recent years has ranged from approximately $1.1 million to $1.9 million annually.
Average Grant
of $46,700. Total giving in recent years has ranged from approximately $1.1 million to $1.9 million annually.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Michigan, California, and Wisconsin, with a particular emphasis on the local Escanaba area and Upper Peninsula region.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of most recent filings:
- Total assets: $19.7 million to $31.1 million (depending on filing year)
- Total annual giving: $1.1 million to $1.9 million
- Annual revenue: Approximately $727,000 (2023)
- Investment income: $725,933 (2023)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $31,092,200 | $19,689,986 | $19,940,720 |
| Revenue | $8,649,697 | $727,372 | $670,649 |
| Expenses | $2,409,325 | $1,182,026 | $1,136,618 |
| Qualifying Distributions | $1,945,858 | $1,596,111 | $1,423,840 |
| Net Investment Income | $2,588,353 | $936,842 | $658,441 |
| Distributable Amount | $1,941,014 | $1,670,514 | $1,596,396 |
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
120 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include OSF Healthare Foundation ($308,663), Delta Schoolcraft ISD ($305,000), Holy Name Catholic School ($264,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACAP Concord, CA | General operations | $5,000 |
| Bay Cliff Health Camp Big Bay, MI | Lake access project | $115,000 |
| Bay Cliff Health Camp Big Bay, MI | Year end picnic | $2,500 |
| Bay de Noc Community College Escanaba, MI | Scholarships | $13,358 |
| Catholic Social Services of the UP Marquette, MI | Recovery house operations | $5,000 |
| City of Escanaba Escanaba, MI | City band centennial celebration | $5,000 |
| Delta County Chamber of Commerce Escanaba, MI | Mortgage paydown | $50,000 |
| Delta County Chamber of Commerce Escanaba, MI | Event sponsorship | $1,100 |
| Delta Schoolcraft ISD Escanaba, MI | Construction of instructional building | $305,000 |
| Friends of the Escanaba Public Library Escanaba, MI | Purchase of library materials | $3,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Key leadership includes:
- Claude A Kobasic (Director)
- Krystal Kobasic (Director)
- Arthur H Evans (Director)
- Todd C Lafave (listed as contact)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KRYSTAL KOBASIC | Director | 2 | $14,930 |
| ARTHUR H EVANS | Director | 0.2 | $6,253 |
| TODD C LAFAVE | Chief Finanical Office | 1.5 | $9,033 |
| DANICA K STANCIU | Director | 2 | $23,800 |
Recent News & Activity
Recent developments and announcements
The foundation announced a matching gift program for the Shiras Planetarium, offering to match donations up to $115,000. The foundation has been actively engaged in supporting educational institutions, health organizations, and community cultural centers in the Upper Peninsula region.
Daniel J. Kobasic Foundation to match donations to Shiras Planetarium upSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Daniel J Kobasic Foundation fund?
The foundation funds teacher salaries and supports a range of causes including education, human services, health-related initiatives, and community development. Documented funding areas include cancer nonprofits, digestive system health and diseases, obesity prevention, and arts organizations.
How do I apply for a grant from Daniel J Kobasic Foundation?
The foundation demonstrates active grantmaking across multiple sectors. Recent grants include: • Holy Name Catholic High School A Chesterton Academy: $352,000 for teacher salary support (2023) • Bay Cliff Health Camp: $275,000 for infrastructure improvements (2023) • Save Ukraine: $100,000 for repatriation of refugees (2023) • William Bonifas Fine Arts Center: $5,500 for community outreach (2023) The foundation made 23 grants with a median grant size of $5,900 and an average grant size of $46,7…
Where does Daniel J Kobasic Foundation make grants?
The foundation primarily funds organizations in Michigan, California, and Wisconsin, with a particular emphasis on the local Escanaba area and Upper Peninsula region.
What size grants does Daniel J Kobasic Foundation award?
In 2024, Daniel J Kobasic Foundation awarded 38 grants totaling $1.9M — an average of about $50K per grant, based on its IRS Form 990 filings.
How much is Daniel J Kobasic Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Daniel J Kobasic Foundation reported a distributable amount of $1.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Daniel J Kobasic Foundation's EIN?
Daniel J Kobasic Foundation's EIN (Employer Identification Number) is 83-1149474. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Daniel J Kobasic Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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