Leo & Alta Poskey Charitable Foundation

WILLIAMSTON, MI EIN: 80-0300511

Leo & Alta Poskey Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILLIAMSTON, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $436K in total assets. In 2024, it awarded 3 grants totaling $12K. Net investment income was $23K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$436K

+1.5% YoY

Annual Giving

$12K

+50.0% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$4K

+0.0% YoY

Under IRS private-foundation payout rules, Leo & Alta Poskey Charitable Foundation reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.

About Leo & Alta Poskey Charitable Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $32K (100%)

States

Michigan

Cities

DiamondaleDiamonddalePottersvillePotterville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$436,490	$429,869	$429,146
Revenue	$30,068	$24,236	$18,291
Expenses	$17,560	$13,939	$9,100
Qualifying Distributions	$22,874	$8,000	$4,000
Net Investment Income	$22,849	$15,071	$15,726
Distributable Amount	$22,407	$21,896	$20,710

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

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Abraham Hanna ($4,000), Katelyn Martinez ($4,000), Braden Mireles ($4,000).

Recipient	Purpose	Amount
ABRAHAM HANNA POTTERSVILLE, MI	SCHOLARSHIP	$4,000
KATELYN MARTINEZ DIAMONDDALE, MI	SCHOLARSHIP	$4,000
BRADEN MIRELES POTTERSVILLE, MI	SCHOLARSHIP	$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
ROBERT S SCHANG	DIRECTOR	1	$3,400
MARK SCHANG	TRUSTEE	1	$1,250
MANVIR S GREWAL	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Leo & Alta Poskey Charitable Foundation?

Leo & Alta Poskey Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILLIAMSTON, MI. It holds $436K in total assets as of 2024.

How large is Leo & Alta Poskey Charitable Foundation?

As of 2024, Leo & Alta Poskey Charitable Foundation holds $436K in total assets with $30K in annual revenue. It awarded 3 grants totaling $12K in 2024.

Where does Leo & Alta Poskey Charitable Foundation operate?

Leo & Alta Poskey Charitable Foundation has awarded grants in Michigan.

What size grants does Leo & Alta Poskey Charitable Foundation award?

In 2024, Leo & Alta Poskey Charitable Foundation awarded 3 grants totaling $12K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Leo & Alta Poskey Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Leo & Alta Poskey Charitable Foundation reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Leo & Alta Poskey Charitable Foundation's EIN?

Leo & Alta Poskey Charitable Foundation's EIN (Employer Identification Number) is 80-0300511. IRS Form 990 filing data is available on this page for 2020–2024.