Ida M Faigle Charitable Foundation

Foundation · Grantmaker BLOOMFIELD HILLS, MI EIN: 23-7366145

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

+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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $29K (100%)

States

Michigan

Cities

DetroitRochesterTaylor

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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.