Fulton Michalik Foundation Inc
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
Share of all 3 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
The most common grant size was under $50K: 17 grants of 25 (68%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Yale University New Haven, CT | General | $1,117,500 |
| Catholic Central High School Latham, NY | General | $125,000 |
| Diocese of Bridgeport Bridgeport, CT | General | $900 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 21, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- 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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