Herbert I & Elsa B Michael Foundation

MILWAUKEE, WI EIN: 87-6122556

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.7M

-6.4% YoY

Annual Giving

$469K

Grant Count

Avg Grant Size

$5K

Under IRS private-foundation payout rules, Herbert I & Elsa B Michael Foundation reported a distributable amount of $339K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's Trust Agreement establishes that funds be used for:

Promotion of education
Advancement of health and scientific achievements
Prevention of cruelty to children

The foundation provides primary support for cultural programs, higher and secondary education, with some giving directed to hospitals and social service agencies. Current funding interests include education, health, and children's services.

Grantmaking

Grant Range

$1,000–$27,000

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation provides funding nationally with a primary geographic focus on Utah.

Grant Distribution by State

Utah $1.2M (100%)

States

New York Utah

Cities

KaysvilleMidvaleMurrayNew YorkOgdenOremProvoSalt Alke CitySalt Lake CitySandyWest JordanWest Valley CityWoods Cross

Financial History

Multi-year comparison from IRS filings

Most Recent Fiscal Year (Ending September 2024):

Total Assets: $5,652,770
Total Revenue: $180,823
Total Expenses: $561,337
Net Income: -$380,514

Prior Year (Ending September 2023):

Assets: $6,036,878 (ledger value)
Income: $199,032

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,652,770	$6,036,878	$5,937,719
Revenue	$180,823	$177,409	$390,570
Expenses	$561,337	$85,752	$660,234
Qualifying Distributions	$487,488	$17,151	$573,007
Net Investment Income	$107,092	$108,808	$303,343
Distributable Amount	$339,167	$317,852	$348,265

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

187 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Univ of Utah - Sj Quinney College O ($20,000), Utah Legal Services ($15,000), Crossroads Urban Center ($13,500).

Recipient	Purpose	Amount
UNIV OF UTAH - COLLEGE OF SCIENCE SALT LAKE CITY, UT	SCHOLARSHIPS FOR COLLEGE OF SCIENCE	$2,250
THE CHILDREN'S CENTER SALT LAKE CITY, UT	THERAPEUTIC PRESCHOOL	$5,000
YWCA OF UTAH SALT LAKE CITY, UT	CHILDREN'S ADVOCACY & INTERVENTION PROGRAM	$7,500
WESTMINSTER COLLEGE SALT LAKE CITY, UT	STUDENT LEADERS IN CIVIC ENGAGEMENT	$9,130
CROSSROADS URBAN CENTER SALT LAKE CITY, UT	EMERGENCY FOOD PANTRY, THRIFT STORE, AND FOOD CO OP	$13,500
RAPE RECOVERY CENTER SALT LAKE CITY, UT	PREVENTIVE COMMUNITY EDUCATION PROGRAM	$5,000
THE ROAD HOME SALT LAKE CITY, UT	SELF-SUFFICIENCY PROGRAM	$7,500
UTAH DISPUTE RESOLUTION SALT LAKE CITY, UT	COMMUNITY MEDIATION CENTER - FAMILY MEDIATION PROGRAM	$2,000
UTAH YOUTH VILLAGE SALT LAKE CITY, UT	FAMILIES FIRST PROGRAM	$4,000
CHILDREN'S SERVICE SOCIETY SALT LAKE CITY, UT	GRANDFAMILIES RELATIVES AS PARENTS	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
US BANK NATIONAL ASSOCIATION	Trustee	—	$79,407
JASON W HARDIN	CO-TRUSTEE	—	$803
SWENSON LAW FIRM LLC	CO-TRUSTEE	—	—
KEITH ODENDAHL	CHAR COMMITTEE	—	$830
TAYLOR RANDALL	CHAR COMMITTEE	—	$830
MATTHEW DURRANT	CHAR COMMITTEE	—	$830

Contact Information

Phone: (801) 534-6045
Mailing Address: PO Box 2043, Milwaukee, WI 53201-2043
EIN: 87-6122556

Frequently Asked Questions

What does Herbert I & Elsa B Michael Foundation fund?

The foundation's Trust Agreement establishes that funds be used for: • Promotion of education • Advancement of health and scientific achievements • Prevention of cruelty to children The foundation provides primary support for cultural programs, higher and secondary education, with some giving directed to hospitals and social service agencies. Current funding interests include education, health, and children's services.

How do I apply for a grant from Herbert I & Elsa B Michael Foundation?

**Grant Activity:** • Total giving: $469,026 (most recent reporting year) • Typical grant range: $1,000–$27,000 • Recent grants include: • Utah Legal Services: $15,000 (Legal Services for Low-Income Families) • Crossroads Urban Center: $13,500 (Emergency Food Pantry, Thrift Store, and Food Co Op) • Utah Council of the Blind: $10,000 (Programs to Help People Who Are Blind) **Application Process:** • Completed applications must be received no later than March 1st and September 1st • Support is pr…

Where does Herbert I & Elsa B Michael Foundation make grants?

The foundation provides funding nationally with a primary geographic focus on Utah.

What size grants does Herbert I & Elsa B Michael Foundation award?

In 2024, Herbert I & Elsa B Michael Foundation awarded 86 grants totaling $469K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Herbert I & Elsa B Michael Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Herbert I & Elsa B Michael Foundation reported a distributable amount of $339K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Herbert I & Elsa B Michael Foundation's EIN?

Herbert I & Elsa B Michael Foundation's EIN (Employer Identification Number) is 87-6122556. IRS Form 990 filing data is available on this page for 2020–2024.