Michael Family Charitable Fund

Private foundation · Grantmaker Manakin Sabot, VA EIN: 87-4080303

Michael Family Charitable Fund is a private foundation, based in Manakin Sabot, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $898K in total assets. In 2024, it awarded 2 grants totaling $39K. Net investment income was $474K.

Michael Family Charitable Fund at a glance

In short: Michael Family Charitable Fund gave $39K across 2 grants in 2024 (avg $19K), mostly in Texas. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$38,645
-12.0% vs 2023
Grants made (2024)
2
+0.0% vs 2023
Average grant
$19,323
-12.0% vs 2023
Median grant
$19,323
Total assets
$897,547
+231.0% vs 2023
Primary geography
Texas (93% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

Who Michael Family Charitable Fund funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Community Homes for Adults Inc: $36KCommunity Homes for Adults Inc$36KThe Richmond Forum: $3KThe Richmond Forum$3K

The largest 2024 recipient was Community Homes for Adults Inc ($36K). Together the top 2 received $39K.

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

DallasRichmond

How Michael Family Charitable Fund gives

  • In 2024 it paid out 151% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2021 0 grants2022 2 grants2023 2 grants2024

From 2023 to 2024, annual grant giving ranged from $39K (2024) to $44K (2023). In 2024 it made 2 grants totaling $39K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Community Homes for Adults Inc Dallas, TXTo help address the need for safe, supportive housing and services for adults with intellectual and developmental disabilities (IDD).$36,000
The Richmond Forum Richmond, VATo present powerful voices so richmond can learn. To empower local voices so richmond can lead.$2,645
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$897,547$1,136,438$40,898$38,6452$39,432$474,049$26,050
2023$271,144$4,612$45,567$43,8922$44,642$3,687$14,976
2022$159,835$6,367$5,175——$2,500$3,692$15,508
2021$182,363$401,737—————$820

Under IRS private-foundation payout rules, Michael Family Charitable Fund reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Michael Family Charitable Fund is led by Andrew Michael, President & Treasurer on every filing since 2021; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Andrew Michael

    President & Treasurer

    On filings since 2021

    1.5 hrs/week

    No compensation reported

  • Patricia Michael

    Vice President & Secretary

    On filings since 2021

    1.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "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 Michael Family Charitable Fund

How much does Michael Family Charitable Fund give each year?

Michael Family Charitable Fund gave $39K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $44K across 2 grants.

How large is Michael Family Charitable Fund?

Michael Family Charitable Fund reported $898K in total assets on its 2024 IRS Form 990-PF. It paid out $39K in qualifying distributions that year, against a required minimum of $26K (roughly 5% of its investment assets).

Where does Michael Family Charitable Fund operate?

Michael Family Charitable Fund has awarded grants in Texas, Virginia.

What is Michael Family Charitable Fund's EIN?

Michael Family Charitable Fund's EIN (Employer Identification Number) is 87-4080303. IRS Form 990 filing data is available on this page for 2021–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Michael Family Charitable Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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