Investment Professionals for Charity Inc
Dedicated to raise funds for charities impacting the lives of children in our communities.
Investment Professionals for Charity Inc at a glance
In short: Investment Professionals for Charity Inc gave $103K across 8 grants in 2024 (avg $13K), mostly in Michigan. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $103,000
- +128.9% vs 2023
- Grants made (2024)
- 8
- +166.7% vs 2023
- Average grant
- $12,875
- -14.2% vs 2023
- Median grant
- $10,000
- Total assets
- $583,393
- -10.5% vs 2023
- Primary geography
- Michigan (66% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Investment Professionals for Charity Inc funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Gabby's Grief Center ($25K). Together the top 8 received $103K.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was under $50K: 25 grants of 25 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
How Investment Professionals for Charity Inc gives
- Giving grew 106% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $35K (2020) to $104K (2022). In 2024 it made 8 grants totaling $103K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Gabby's Grief Center Monroe, MI | General Support | $25,000 |
| Autism Speaks Rocky Hill, NJ | General Support | $15,000 |
| Big's Kids South Lyon, MI | General Support | $15,000 |
| Julie Billiart Schools Cleveland, OH | General Support | $10,000 |
| Crossroads of Michigan Detroit, MI | General Support | $10,000 |
| Mary's Court Foundation Troy, MI | General Support | $10,000 |
| Habitat for Humanity Americus, GA | General Support | $10,000 |
| Mariners Inn Detroit, MI | General Support | $8,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $583,393 | $174,877 | $248,664 | $103,000 | 8 | $12,163 |
| 2023 | $652,179 | $177,450 | $217,668 | $45,000 | 3 | — |
| 2022 | $694,397 | $226,294 | $226,386 | $103,500 | 7 | — |
| 2021 | $278,248 | $179,014 | $176,437 | $50,000 | 4 | — |
| 2020 | $275,671 | $69,205 | $141,212 | $35,000 | 3 | — |
About Investment Professionals for Charity Inc
Based on IRS filings
Investment Professionals for Charity Inc is a public charity, based in Grosse Pointe Farms, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $583K in total assets. In 2024, it awarded 8 grants totaling $103K. Net investment income was $12K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Investment Professionals for Charity Inc is led by Michael Hayden, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Michael Hayden
President
On filings since 2020
1 hr/week
No compensation reported
Robert Manilla
Director
Secretary → Director, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Ken Hudson
Secretary
Director → Secretary, 2024
On filings since 2020
1 hr/week
No compensation reported
Robert Burdick
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Paul Cavazos (2020–2022) — Vice President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Investment Professionals for Charity Inc
How much does Investment Professionals for Charity Inc give each year?
Investment Professionals for Charity Inc gave $103K across 8 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $45K across 3 grants.
What is Investment Professionals for Charity Inc's typical grant size?
Investment Professionals for Charity Inc's median grant in 2024 was $10,000, and its average grant was $12,875, across 8 grants on its 2024 IRS Form 990.
Where does Investment Professionals for Charity Inc give grants?
Investment Professionals for Charity Inc gives mostly in Michigan: 66% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were New Jersey (15%) and Ohio (10%). The most frequent recipient cities were Detroit, MI (2 grants).
Does Investment Professionals for Charity Inc give general operating support?
Yes: 100% of Investment Professionals for Charity Inc's 2024 grants with a stated purpose (8 of 8) were for general or operating support, per its 2024 IRS Form 990.
Who are Investment Professionals for Charity Inc's largest grantees?
Investment Professionals for Charity Inc's largest 2024 grantees include Gabby's Grief Center ($25,000), Autism Speaks ($15,000) and Big's Kids ($15,000), according to its 2024 IRS Form 990. Together they received 53% of its itemized 2024 grant dollars.
How large is Investment Professionals for Charity Inc?
Investment Professionals for Charity Inc reported $583K in total assets on its 2024 IRS Form 990. Its revenue that year was $175K.
What is Investment Professionals for Charity Inc's EIN?
Investment Professionals for Charity Inc's EIN (Employer Identification Number) is 47-1816894. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS July 28, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 27, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 11, 2025)
- IRS filings on file for fiscal years 2020–2024
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