Ida M Faigle Charitable Foundation

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

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

DetroitRochesterTaylor

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12K$25K$37K$50K20202021202220232024
Metric202420232022
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

$0$3K$5K$8K$11K3 grants20203 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

KARMANOS CANCER INSTITUTE$2KLEADER DOGS FOR THE BLIND$2KPENRICKTON CENTER FOR BL…$2K

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
KARMANOS CANCER INSTITUTE DETROIT, MIMEDICAL RESEARCH$1,500
LEADER DOGS FOR THE BLIND ROCHESTER, MIGENERAL CHARITABLE PURPOSES$1,500
PENRICKTON CENTER FOR BLIND CHILDRE TAYLOR, MISCHOLARSHIP FUND, NEEDY CHILDREN$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KEVIN J PETRASTRUSTEE3.5
R J KOSSTRUSTEE1
GERLYN VANZUTPHENTRUSTEE0.25

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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