Frederick S Upton Foundation

Foundation · Grantmaker St Joseph, MI EIN: 84-2579330

Frederick S Upton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in St Joseph, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $30.2M in total assets. In 2024, it awarded 1 grant totaling $2.0M. Net investment income was $2.8M.

Key facts about Frederick S Upton Foundation

EIN: 84-2579330
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $2,000,000
Grants made (2024): 1
Average grant: $2,000,000
Median grant: $2,000,000
Total assets: $30,233,122
Primary geography: Michigan (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Frederick S Upton Foundation gives

Giving grew 59% from 2021 to 2024. Method
In 2024 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Frederick S Upton Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$30.2M

+2.7% YoY

Annual Giving

$2.0M

-0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$2.0M

-0.0% YoY

Under IRS private-foundation payout rules, Frederick S Upton Foundation reported a distributable amount of $2.1M for 2024 — the minimum it must pay out in qualifying distributions.

About Frederick S Upton Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $2.0M (100%)

Share of all 1 itemized 2024 grant dollars.

States

Michigan

Cities

St Joseph

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$30,233,122	$29,440,935	$28,911,130
Revenue	$3,261,312	$2,811,328	$1,196,160
Expenses	$2,479,160	$2,281,523	$2,953,041
Qualifying Distributions	$2,060,933	$2,042,763	$2,674,520
Net Investment Income	$2,795,631	$2,452,230	$949,768
Distributable Amount	$2,109,318	$2,149,637	$2,361,860

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Berrien Community Foundation ($2,000,000).

Recipient	Purpose	Amount
BERRIEN COMMUNITY FOUNDATION St Joseph, MI	PROGRAM SUPPORT	$2,000,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Carrie Vill	Chair	1	—
Jeff Upton	Vice Chair	1	—
Thomas Fowler	Treasurer	1	—
Ben Upton	Secretary	1	—
Betsy Upton Stover	Member	1	—
Fred Upton	Member	1	—
Kathleen McClendon	Member	1	—
Sarah Dupont	Member	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Frederick S Upton Foundation?

Frederick S Upton Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in St Joseph, MI. It holds $30.2M in total assets as of 2024.

How large is Frederick S Upton Foundation?

As of 2024, Frederick S Upton Foundation holds $30.2M in total assets with $3.3M in annual revenue. It awarded 1 grant totaling $2.0M in 2024.

Where does Frederick S Upton Foundation operate?

Frederick S Upton Foundation has awarded grants in Michigan.

What size grants does Frederick S Upton Foundation award?

In 2024, Frederick S Upton Foundation awarded 1 grant totaling $2.0M — an average of about $2.0M per grant, based on its IRS Form 990 filings.

How much is Frederick S Upton Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Frederick S Upton Foundation reported a distributable amount of $2.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.