Michaels Family Charitable Foundation
Michaels Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 19 grants totaling $73K. Net investment income was $959K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
+61.6% YoY
Annual Giving
$73K
+35.9% YoY
Grant Count
19
+58.3% YoY
Avg Grant Size
$4K
-14.2% YoY
Under IRS private-foundation payout rules, Michaels Family Charitable Foundation reported a distributable amount of $89K for 2024 — the minimum it must pay out in qualifying distributions.
About Michaels Family Charitable Foundation
Based on IRS filings
Michaels Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 19 grants totaling $73K. Net investment income was $959K.
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 | $2,326,651 | $1,439,852 | $1,449,339 |
| Revenue | $980,654 | $109,902 | $45,105 |
| Expenses | $111,192 | $88,011 | $130,496 |
| Qualifying Distributions | $89,588 | $71,313 | $109,152 |
| Net Investment Income | $959,050 | $92,852 | $25,338 |
| Distributable Amount | $89,446 | $88,362 | $93,718 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
98 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Foundation of Ne Georgia ($15,000), University of North Carolina Chapel Hill ($10,250), Tennessee Golf Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A SQUASH ATLANTA, GA | UNRESTRICTED OPERATIONAL SUPPORT | $2,000 |
| ATLANTA SPEECH SCHOOL GUILD ATLANTA, GA | UNRESTRICTED OPERATIONAL SUPPORT | $5,500 |
| BOYS AND GIRLS CLUB OF THE METRO ATLANTA ATLANTA, GA | UNRESTRICTED OPERATIONAL SUPPORT | $50 |
| BREAKTHROUGH ATLANTA ATLANTA, GA | UNRESTRICTED OPERATIONAL SUPPORT | $1,000 |
| BRENTWOOD ACADEMY BRENTWOOD, TN | UNRESTRICTED OPERATIONAL SUPPORT | $2,500 |
| COMMUNITY FOUNDATION OF NE GEORGIA DULUTH, GA | UNRESTRICTED OPERATIONAL SUPPORT | $15,000 |
| EMORY - WINSHIP CANCER INSITUTE ATLANTA, GA | UNRESTRICTED OPERATIONAL SUPPORT | $3,000 |
| GOLF FIGHTS CANCER INC NORTON, MA | UNRESTRICTED OPERATIONAL SUPPORT | $550 |
| HEARTS ALIVE VILLAGE LAS VEGAS, NV | UNRESTRICTED OPERATIONAL SUPPORT | $1,035 |
| MCCALLIE SCHOOL CHATTANOOGA, TN | UNRESTRICTED OPERATIONAL SUPPORT | $1,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EDWARD G MICHAELS III | FOUNDER/PRESIDENT | 20 | — |
| KATHARINE MCDOWELL | EXECUTIVE DIRECTOR | 20 | — |
| JOANNE T MICHAELS | TRUSTEE | 5 | — |
| EDWARD G MICHAELS IV | TRUSTEE | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Michaels Family Charitable Foundation?
Michaels Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. It holds $2.3M in total assets as of 2024.
How large is Michaels Family Charitable Foundation?
As of 2024, Michaels Family Charitable Foundation holds $2.3M in total assets with $981K in annual revenue. It awarded 19 grants totaling $73K in 2024.
Where does Michaels Family Charitable Foundation operate?
Michaels Family Charitable Foundation has awarded grants in California, Colorado, Florida, Georgia, Massachusetts, North Carolina, New Jersey, Nevada, New York, Tennessee, Virginia.
What size grants does Michaels Family Charitable Foundation award?
In 2024, Michaels Family Charitable Foundation awarded 19 grants totaling $73K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Michaels Family Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Michaels Family Charitable Foundation reported a distributable amount of $89K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Michaels Family Charitable Foundation's EIN?
Michaels Family Charitable Foundation's EIN (Employer Identification Number) is 58-2430856. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Michaels Family Charitable Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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