Ida M Faigle Charitable Foundation
Ida M Faigle Charitable Foundation is a private foundation, based in BLOOMFIELD HILLS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $103K in total assets. In 2024, it awarded 3 grants totaling $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$103K
-14.9% YoY
Annual Giving
$5K
+0.0% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$2K
+0.0% YoY
Under IRS private-foundation payout rules, Ida M Faigle Charitable Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
About Ida M Faigle Charitable Foundation
Based on IRS filings
Ida M Faigle Charitable Foundation is a private foundation, based in BLOOMFIELD HILLS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $103K in total assets. In 2024, it awarded 3 grants totaling $5K.
Ready to take the next step with Ida M Faigle Charitable Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $103,413 | $121,567 | $135,739 |
| Revenue | $4,404 | $9,011 | $13,489 |
| Expenses | $22,558 | $23,183 | $23,614 |
| Qualifying Distributions | $7,000 | $7,000 | $7,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $6,884 | $7,559 | $9,302 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Karmanos Cancer Institute ($1,500), Leader Dogs for the Blind ($1,500), Penrickton Center for Blind Childre ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| KARMANOS CANCER INSTITUTE DETROIT, MI | MEDICAL RESEARCH | $1,500 |
| LEADER DOGS FOR THE BLIND ROCHESTER, MI | GENERAL CHARITABLE PURPOSES | $1,500 |
| PENRICKTON CENTER FOR BLIND CHILDRE TAYLOR, MI | SCHOLARSHIP FUND, NEEDY CHILDREN | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEVIN J PETRAS | TRUSTEE | 3.5 | — |
| R J KOSS | TRUSTEE | 1 | — |
| GERLYN VANZUTPHEN | TRUSTEE | 0.25 | — |
Frequently Asked Questions
How large is Ida M Faigle Charitable Foundation?
As of 2024, Ida M Faigle Charitable Foundation holds $103K in total assets with $4K in annual revenue. It awarded 3 grants totaling $5K in 2024.
Where does Ida M Faigle Charitable Foundation operate?
Ida M Faigle Charitable Foundation has awarded grants in Michigan.
What size grants does Ida M Faigle Charitable Foundation award?
In 2024, Ida M Faigle Charitable Foundation awarded 3 grants totaling $5K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Ida M Faigle Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ida M Faigle Charitable Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ida M Faigle Charitable Foundation's EIN?
Ida M Faigle Charitable Foundation's EIN (Employer Identification Number) is 23-7366145. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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