Lavere & Gladys Chase Scholarship FD
Lavere & Gladys Chase Scholarship FD is a private foundation based in Detroit, Michigan. Its 2025 filing reports 15 grants totaling $25,000, all designated for scholarships.
Key facts about Lavere & Gladys Chase Scholarship FD
In short: Lavere & Gladys Chase Scholarship FD gave $25K across 15 grants in 2025 (avg $2K), mostly in Michigan. 20% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 20-6975298
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $25,000
- Grants made (2025)
- 15
- Average grant
- $1,667
- Median grant
- $1,000
- New grantees (estimate)
- 20% first-time grantees (3 of 15, 2025)
- Total assets
- $669,911
- Primary geography
- Michigan (84% of itemized 2025 grant dollars)
- How to apply
- The 2023 filing lists Jonesville High School, care of Robert D, as the application contact and names the Lavere and Gladys Chase Scholarship Application as the required form. Full details ↓
- Deadline
- April 1 was the deadline listed on the 2023 filing; this is a past application cycle.
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$670K
-0.9% YoY
Annual Giving
$25K
-43.2% YoY
Grant Count
15
+0.0% YoY
Avg Grant Size
$2K
-43.2% YoY
Under IRS private-foundation payout rules, Lavere & Gladys Chase Scholarship FD reported a distributable amount of $48K for 2025 — the minimum it must pay out in qualifying distributions.
Is Lavere & Gladys Chase Scholarship FD open to new grantees?
20%
first-time grantees, 2025
In 2025, 3 of 15 grantees (20%) were first-time recipients. First grants averaged $1K; repeat grants $2K. How we count
Medians: $1K first-time, $1K repeat.
- 67% of 2025 grantees were also funded in 2024. Method
- Giving fell 41% from 2022 to 2025. Method
- In 2025 it paid out 56% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Grantmaking
In 2025, the foundation made 15 grants totaling $25,000. Grants ranged from $1,000 to $4,400, with a median grant of $1,000. The largest awards went to Jackson College ($4,400), Western Michigan University ($4,000), and Grand Valley State University ($3,000), each for scholarships. Other 2025 scholarship recipients included Saginaw Valley State University, Baker College, Central Michigan University, and Michigan State University, each receiving $1,400.
Review Cycle
April 1 was the deadline listed on the 2023 filing; this is a past application cycle.
Ready to take the next step with Lavere & Gladys Chase Scholarship FD?
Geographic Focus
Where this funder awards grants
In 2025, 84% of grant dollars went to recipients in Michigan. The remaining shares went to recipients in New York, Pennsylvania, Alabama, and Oklahoma, at 4% each.
Grant Distribution by State
Share of 2025 grant dollars across all 15 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $25K (2025) to $44K (2024). In 2025 it made 15 grants totaling $25K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Jackson College ($4K). Together the top 10 received $20K.
Grant Size Distribution
73 grants across all recorded years
The most common grant size was under $50K: 73 grants of 73 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jackson College Jackson, MI | Scholarship | $4,400 |
| Western Michigan University Kalamazoo, MI | Scholarship | $4,000 |
| Grand Valley State University Allendale, MI | Scholarship | $3,000 |
| Saginaw Valley State University University Center, MI | Scholarship | $1,400 |
| Baker College Flint, MI | Scholarship | $1,400 |
| Central Michigan University Mt Pleasant, MI | Scholarship | $1,400 |
| Michigan State University East Lansing, MI | Scholarship | $1,400 |
| Alfred University Alfred, NY | Scholarship | $1,000 |
| Robert Morris University Moon Township, PA | Scholarship | $1,000 |
| Kalamazoo College Kalamazoo, MI | Scholarship | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2025 | $669,911 | $45,659 | $42,486 | $25,000 | 15 |
| 2024 | $676,272 | $32,118 | $66,443 | $44,000 | 15 |
| 2023 | $695,216 | $36,864 | $60,230 | $44,000 | 14 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $669,911 | $676,272 | $695,216 |
| Revenue | $45,659 | $32,118 | $36,864 |
| Expenses | $42,486 | $66,443 | $60,230 |
| Qualifying Distributions | $26,737 | $50,140 | $45,528 |
| Net Investment Income | $29,314 | $15,860 | $23,108 |
| Distributable Amount | $47,987 | $44,788 | $40,606 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS December 7, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS December 23, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 12, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 22, 2024)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 6, 2026)
- IRS filings on file for fiscal years 2021–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Comerica Bank N.A. as trustee.
Lavere & Gladys Chase Scholarship FD's only listed officer is Comerica Bank N A, Trustee on every filing since 2021 (compensated).
Officers on the 2025 filing
Comerica Bank N A
Trustee
On filings since 2021
1 hr/week
$16K (2021) → $17K (2025)
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $17K, to Comerica Bank N a (Trustee).
Contact
Application contact: Jonesville High School Co Robert D
Mailing address: 460 Adrian Street, Jonesville, MI 49250
Phone: (517) 849-9934
Frequently asked questions about Lavere & Gladys Chase Scholarship FD
How much does Lavere & Gladys Chase Scholarship FD give each year?
Lavere & Gladys Chase Scholarship FD gave $25K across 15 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $44K across 15 grants.
What is Lavere & Gladys Chase Scholarship FD's typical grant size?
Lavere & Gladys Chase Scholarship FD's median grant in 2025 was $1,000, and its average grant was $1,667, across 15 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Lavere & Gladys Chase Scholarship FD that year got $1K on average.
Where does Lavere & Gladys Chase Scholarship FD give grants?
Lavere & Gladys Chase Scholarship FD gives mostly in Michigan: 84% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Kalamazoo, MI (2 grants).
Does Lavere & Gladys Chase Scholarship FD give general operating support?
Not in 2025: none of the 15 grants with a stated purpose on Lavere & Gladys Chase Scholarship FD's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (15 grants).
Who are Lavere & Gladys Chase Scholarship FD's largest grantees?
Lavere & Gladys Chase Scholarship FD's largest 2025 grantees include Jackson College ($4,400), Western Michigan University ($4,000) and Grand Valley State University ($3,000), according to its 2025 IRS Form 990-PF. Together they received 46% of its itemized 2025 grant dollars.
How large is Lavere & Gladys Chase Scholarship FD?
Lavere & Gladys Chase Scholarship FD reported $670K in total assets on its 2025 IRS Form 990-PF. It paid out $27K in qualifying distributions that year, against a required minimum of $48K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
How do I apply for a grant from Lavere & Gladys Chase Scholarship FD?
The 2023 filing lists Jonesville High School, care of Robert D, as the application contact and names the Lavere and Gladys Chase Scholarship Application as the required form. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Lavere & Gladys Chase Scholarship FD's EIN?
Lavere & Gladys Chase Scholarship FD's EIN (Employer Identification Number) is 20-6975298. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Lavere & Gladys Chase Scholarship FD by hand.
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