THE MATTHEW AND KAREN CULLEN FAMILY FOUNDATION SUPPORTS THE COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN (CFSEM) BY SUPPORTING ORGANIZATIONS WHOSE WORK FURTHERS CFSEM'S MISSION. THE COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN'S MISSION IS TO BUILD THE RESOURCES, RELATIONSHIPS AND EXPERTISE REQUIRED TO EXPAND EQUITABLE ACCESS TO OPPORTUNITIES ACROSS SOUTHEAST MICHIGAN TO MAKE IT A DESIRABLE PLACE TO LIVE, WORK AND PLAY FOR ALL RESIDENTS, TODAY AND TOMORROW.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.8M
+8.2% YoY
Annual Giving
$140K
+2.9% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$70K
+2.9% YoY
About Matthew and Karen Cullen Family
Based on IRS filings
Matthew and Karen Cullen Family is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.8M in total assets. In 2024, it awarded 2 grants totaling $140K. Net investment income was $1.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,809,920 | $7,218,410 | $6,414,655 |
| Revenue | $1,188,091 | $282,771 | $533,913 |
| Expenses | $194,949 | $187,137 | $157,588 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,188,091 | $282,471 | $533,913 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD L DEVORE | DIRECTOR, PRESIDENT AND SECRETARY | 0.5 | — |
| NICOLE SHERARD-FREEMAN | DIRECTOR (START 9/24) | 0.5 | — |
| ERIC B LARSON | TREASURER, DIRECTOR | 0.5 | — |
| KAREN A CULLEN | VICE CHAIR, DIRECTOR | 0.5 | — |
| MATTHEW P CULLEN | CHAIR, DIRECTOR | 0.5 | — |
| REGINALD M TURNER | DIRECTOR (END 9/24) | 0.5 | — |
| JENILYN NORMAN | VP, FINANCE AND ADMINISTRATION | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Bojrab Family Foundation
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Assets
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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