Drake Quinn Family Charitable Foundation
Drake Quinn Family Charitable Foundation is a private foundation, based in GRAND RAPIDS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $556K in total assets. In 2024, it awarded 6 grants totaling $204K. Net investment income was $168K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$556K
-6.9% YoY
Annual Giving
$204K
+48.1% YoY
Grant Count
6
-53.8% YoY
Avg Grant Size
$34K
+220.9% YoY
Under IRS private-foundation payout rules, Drake Quinn Family Charitable Foundation reported a distributable amount of $73K for 2024 — the minimum it must pay out in qualifying distributions.
About Drake Quinn Family Charitable Foundation
Based on IRS filings
Drake Quinn Family Charitable Foundation is a private foundation, based in GRAND RAPIDS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $556K in total assets. In 2024, it awarded 6 grants totaling $204K. Net investment income was $168K.
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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 | $556,440 | $597,865 | $622,044 |
| Revenue | $189,503 | $133,224 | $10,705 |
| Expenses | $226,634 | $160,375 | $47,950 |
| Qualifying Distributions | $204,600 | $137,475 | $27,950 |
| Net Investment Income | $167,803 | $111,624 | — |
| Distributable Amount | $72,643 | $61,750 | $67,022 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
51 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lake County Historical Society ($170,000), Lake County Historical Museum ($20,000), Lake County Senior Services ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BREAD OF LIFE BALDWIN, MI | GENERAL FUND | $4,000 |
| LAKE COUNTY HISTORICAL MUSEUM BALDWIN, MI | VARIOUS | $20,000 |
| LAKE COUNTY HISTORICAL SOCIETY BRANCH, MI | VARIOUS | $170,000 |
| LAKE COUNTY SENIOR SERVICES BALDWIN, MI | BUILDING FUND | $5,000 |
| SHRINE OF THE PINES BALDWIN, MI | VARIOUS | $3,600 |
| ST ANNST IGNATIUS CATHOLIC CHURCH BALDWIN, MI | GENERAL FUND | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARILYN DRAKE | PRESIDENT | 5 | — |
| LEANN ROWLAND | SEC/TREAS | 3 | — |
| ROSEMARIE DRAKE | TRUSTEE | 1 | — |
| KATHLEEN BOLTHOUSE | TRUSTEE | 1 | — |
| JOHN DRAKE | VICE PRESIDENT | 3 | — |
Frequently Asked Questions
How large is Drake Quinn Family Charitable Foundation?
As of 2024, Drake Quinn Family Charitable Foundation holds $556K in total assets with $190K in annual revenue. It awarded 6 grants totaling $204K in 2024.
Where does Drake Quinn Family Charitable Foundation operate?
Drake Quinn Family Charitable Foundation has awarded grants in Indiana, Michigan.
What size grants does Drake Quinn Family Charitable Foundation award?
In 2024, Drake Quinn Family Charitable Foundation awarded 6 grants totaling $204K — an average of about $34K per grant, based on its IRS Form 990 filings.
How much is Drake Quinn Family Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Drake Quinn Family Charitable Foundation reported a distributable amount of $73K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Drake Quinn Family Charitable Foundation's EIN?
Drake Quinn Family Charitable Foundation's EIN (Employer Identification Number) is 38-3068965. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Drake Quinn Family Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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