Great Lakes Castings Corporation

LUDINGTON, MI EIN: 38-2250546

Great Lakes Castings Corporation is a private foundation, based in LUDINGTON, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 18 grants totaling $25K. Net investment income was $63K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

+3.6% YoY

Annual Giving

$25K

-40.9% YoY

Grant Count

-18.2% YoY

Avg Grant Size

$1K

-27.8% YoY

Under IRS private-foundation payout rules, Great Lakes Castings Corporation reported a distributable amount of $53K for 2024 — the minimum it must pay out in qualifying distributions.

About Great Lakes Castings Corporation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $168K (96%)

Iowa $6K (3%)

Virginia $1K (1%)

States

Iowa Michigan Virginia

Cities

CusterFountainFremontHartHollandHuxleyLudingtonMidlandNewaygoPlainwellScottsvilleScottvilleTriangleWyoming

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,010,695	$975,604	$975,695
Revenue	$73,872	$53,430	$-3,492
Expenses	$38,781	$53,521	$48,851
Qualifying Distributions	$29,348	$45,529	$38,181
Net Investment Income	$62,826	$43,746	$14,505
Distributable Amount	$53,317	$5,418	$51,437

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

93 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ludington Area Catholic Schools ($6,630), Aiden Gilchrist ($2,000), Amelia Malburg ($2,000).

Recipient	Purpose	Amount
AIDEN GILCHRIST LUDINGTON, MI	SCHOLARSHIP	$2,000
AMELIA MALBURG FOUNTAIN, MI	SCHOLARSHIP	$2,000
AREA 24 - SPECIAL OLYMPICS MICHIGAN INC LUDINGTON, MI	PROGRAM SUPPORT	$299
BLUE HAT MINISTRIES LUDINGTON, MI	PROGRAM SUPPORT	$1,000
COVE LUDINGTON, MI	PROGRAM SUPPORT	$1,000
DELANEY KILLIPS SCOTTVILLE, MI	SCHOLARSHIP	$2,000
JACKELYN PALMAS HOLLAND, MI	SCHOLARSHIP	$2,000
JORDAN FLEETWOOD WYOMING, MI	SCHOLARSHIP	$2,000
LUDINGTON AREA CATHOLIC SCHOOLS LUDINGTON, MI	PROGRAM SUPPORT	$6,630
MASON COUNTY EASTERN ATHLETIC BOOSTERS CUSTER, MI	PROGRAM SUPPORT	$450

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ROBERT KILLIPS	TRUSTEE	1	—
ROB MCMAHON	TRUSTEE	1	—
STEVE CASE	TRUSTEE	1	—

Frequently Asked Questions

How large is Great Lakes Castings Corporation?

As of 2024, Great Lakes Castings Corporation holds $1.0M in total assets with $74K in annual revenue. It awarded 18 grants totaling $25K in 2024.

Where does Great Lakes Castings Corporation operate?

Great Lakes Castings Corporation has awarded grants in Iowa, Michigan, Virginia.

What size grants does Great Lakes Castings Corporation award?

In 2024, Great Lakes Castings Corporation awarded 18 grants totaling $25K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Great Lakes Castings Corporation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Great Lakes Castings Corporation reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Great Lakes Castings Corporation's EIN?

Great Lakes Castings Corporation's EIN (Employer Identification Number) is 38-2250546. IRS Form 990 filing data is available on this page for 2020–2024.