Fulton Michalik Foundation Inc

Private foundation · Grantmaker Riverside, CT EIN: 47-4768467

Fulton Michalik Foundation Inc is a private foundation, based in Riverside, CT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $8.2M in total assets. In 2025, it awarded 3 grants totaling $1.2M. Net investment income was $1.6M.

Key facts about Fulton Michalik Foundation Inc

In short: Fulton Michalik Foundation Inc gave $1.2M across 3 grants in 2025 (avg $414K), mostly in Connecticut. Source: 2025 IRS Form 990-PF.

EIN
47-4768467
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$1,243,400
Grants made (2025)
3
Average grant
$414,467
Median grant
$125,000
Total assets
$8,204,039
Primary geography
Connecticut (90% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$8.2M

+96.0% YoY

Annual Giving

$1.2M

+45.5% YoY

Grant Count

3

-62.5% YoY

Avg Grant Size

$414K

+288.0% YoY

Under IRS private-foundation payout rules, Fulton Michalik Foundation Inc reported a distributable amount of $373K for 2025 — the minimum it must pay out in qualifying distributions.

How Fulton Michalik Foundation Inc gives

  • Giving grew 125% from 2022 to 2025. Method
  • In 2025 it paid out 335% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Share of all 3 itemized 2025 grant dollars.

Cities

New YorkGreenwichBridgeportCharlotteWashingtonBurlingtonCambridgeLathamNew HavenOrlandoSteelton

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M7 grants20198 grants20204 grants20216 grants20224 grants20238 grants20243 grants2025

From 2019 to 2025, annual grant giving ranged from $81K (2020) to $1.2M (2025). In 2025 it made 3 grants totaling $1.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Yale University: $1.1MYale University$1.1MCatholic Central High School: $125KCatholic Central High School$125KDiocese of Bridgeport: $900Diocese of Bridgeport$900

The largest 2025 recipient was Yale University ($1.1M). Together the top 3 received $1.2M.

Grant Size Distribution

25 grants across all recorded years

17<$50K2$50–100K1$100–250K$250–500K4$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 17 grants of 25 (68%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Yale University New Haven, CTGeneral$1,117,500
Catholic Central High School Latham, NYGeneral$125,000
Diocese of Bridgeport Bridgeport, CTGeneral$900

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M2019202020212022202320242025
Metric202520242023
Total Assets$8,204,039$4,186,581$4,266,730
Revenue$9,163,336$272,428$1,960,234
Expenses$1,371,402$991,322$908,639
Qualifying Distributions$1,249,400$864,007$808,642
Net Investment Income$1,619,919$145,113$99,893
Distributable Amount$373,387$403,353$329,767

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 21, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Fulton Michalik Foundation Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Christian P. Michalik

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kimberly A. Fulton

    Trustee

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Robert B. Michalik

    Trustee

    On filings since 2019

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Fulton Michalik Foundation Inc

How much does Fulton Michalik Foundation Inc give each year?

Fulton Michalik Foundation Inc gave $1.2M across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $855K across 8 grants.

What is Fulton Michalik Foundation Inc's typical grant size?

Fulton Michalik Foundation Inc's median grant in 2025 was $125,000, and its average grant was $414,467, across 3 grants on its 2025 IRS Form 990-PF.

Where does Fulton Michalik Foundation Inc give grants?

Fulton Michalik Foundation Inc gives mostly in Connecticut: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (10%).

Does Fulton Michalik Foundation Inc give general operating support?

Yes: 100% of Fulton Michalik Foundation Inc's 2025 grants with a stated purpose (3 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Fulton Michalik Foundation Inc?

Fulton Michalik Foundation Inc reported $8.2M in total assets on its 2025 IRS Form 990-PF. It paid out $1.2M in qualifying distributions that year, against a required minimum of $373K (roughly 5% of its investment assets).

What is Fulton Michalik Foundation Inc's EIN?

Fulton Michalik Foundation Inc's EIN (Employer Identification Number) is 47-4768467. IRS Form 990 filing data is available on this page for 2019–2025.

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

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