Margie V Johnson Irrev Tr

DETROIT, MI EIN: 87-6339505

Margie V Johnson Irrev Tr is a private foundation, based in DETROIT, MI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $96K. Net investment income was $25K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

-5.0% YoY

Annual Giving

$96K

+17.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$96K

+17.8% YoY

Under IRS private-foundation payout rules, Margie V Johnson Irrev Tr reported a distributable amount of $96K for 2024 — the minimum it must pay out in qualifying distributions.

About Margie V Johnson Irrev Tr

Based on IRS filings

Ready to take the next step with Margie V Johnson Irrev Tr?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $319K (100%)

States

Florida

Cities

Punta Gorda

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,384,561	$1,457,561	$1,581,810
Revenue	$57,446	$-17,004	$166,426
Expenses	$129,609	$112,846	$169,592
Qualifying Distributions	$97,111	$82,458	$135,996
Net Investment Income	$25,206	$15,938	$12,148
Distributable Amount	$96,330	$71,453	$90,574

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Charlotte Community Foundation ($96,102).

Recipient	Purpose	Amount
CHARLOTTE COMMUNITY FOUNDATION PUNTA GORDA, FL	SUPPORT OF DAILY OPERATIONS	$96,102

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
COMERICA BANK	TRUSTEE	1	$10,094

Frequently Asked Questions

How large is Margie V Johnson Irrev Tr?

As of 2024, Margie V Johnson Irrev Tr holds $1.4M in total assets with $57K in annual revenue. It awarded 1 grants totaling $96K in 2024.

Where does Margie V Johnson Irrev Tr operate?

Margie V Johnson Irrev Tr has awarded grants in Florida.

What size grants does Margie V Johnson Irrev Tr award?

In 2024, Margie V Johnson Irrev Tr awarded 1 grants totaling $96K — an average of about $96K per grant, based on its IRS Form 990 filings.

How much is Margie V Johnson Irrev Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Margie V Johnson Irrev Tr reported a distributable amount of $96K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.