Michaels Family Charitable Foundation

Private foundation · Grantmaker Atlanta, GA EIN: 58-2430856

Michaels Family Charitable Foundation is a private foundation based in Atlanta, Georgia. Its 2024 filing reports 19 grants totaling $73,385, including support for educational institutions, youth programs, and other charitable organizations.

Michaels Family Charitable Foundation at a glance

In short: Michaels Family Charitable Foundation gave $73K across 19 grants in 2024 (avg $4K), top state Georgia. 32% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$73,385
+35.9% vs 2023
Grants made (2024)
19
+58.3% vs 2023
Average grant
$3,862
-14.2% vs 2023
Median grant
$2,500
Total assets
$2,326,651
+61.6% vs 2023
New grantees (estimate)
32% first-time grantees (6 of 19, 2024; small sample)
Primary geography
Georgia (40% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Michaels Family Charitable Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 1755 Nancy Creek Bluff Nw, Atlanta, GA 30327
Phone: (404) 550-2811

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Michaels Family Charitable Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Community Foundation of Ne Georgia: $15KCommunity Foundation of NeGeorgia$15KUniversity of North Carolina Chapel Hill: $10KUniversity of North CarolinaChapel Hill$10KTennessee Golf Foundation: $10KTennessee Golf Foundation$10KVanderbilt University: $7KVanderbilt University$7KAtlanta Speech School Guild: $6KAtlanta Speech School Guild$6KPersist Nashville: $5KPersist Nashville$5KEmory - Winship Cancer Insitute: $3KEmory - Winship CancerInsitute$3KBrentwood Academy: $3KBrentwood Academy$3KSaint Paul Christian Academy: $3KSaint Paul Christian Academy$3KTeach for America: $3KTeach for America$3K

The largest 2024 recipient was Community Foundation of Ne Georgia ($15K). Together the top 10 received $63K.

Grant Size Distribution

98 grants across all recorded years

98<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 98 grants of 98 (100%).

Geographic Focus

Where this funder awards grants

In 2024, grant dollars were distributed among recipients in Georgia (40%), Tennessee (38%), North Carolina (16%), New Jersey (3%), and Nevada (1%).

Grant Distribution by State

11states

Share of 2024 grant dollars across all 19 itemized grants.

Cities

AtlantaNashvilleFranklinBrentwoodLawrencevilleNew YorkChapel HillManhatan BeachCharlotteChattanoogaOaklandSpring HillWoodberry ForestBoulderBrookhavenCashiersChambleCummingsDuluthJacksonville

Is Michaels Family Charitable Foundation open to new grantees?

32%

first-time grantees, 2024

In 2024, 6 of 19 grantees (32%) were first-time recipients. With only 19 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $3K; repeat grants $4K. How we count

Medians: $793 first-time, $3K repeat.

  • 42% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+1%). Method
  • In 2024 it paid out 100% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K22 grants2020 15 grants2021 30 grants2022 12 grants2023 19 grants2024

From 2020 to 2024, annual grant giving ranged from $54K (2023) to $94K (2022). In 2024 it made 19 grants totaling $73K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Community Foundation of Ne Georgia Duluth, GAUnrestricted Operational Support$15,000
University of North Carolina Chapel Hill Chapel Hill, NCUnrestricted Operational Support$10,250
Tennessee Golf Foundation Franklin, TNUnrestricted Operational Support$10,000
Vanderbilt University Nashville, TNUnrestricted Operational Support$7,000
Atlanta Speech School Guild Atlanta, GAUnrestricted Operational Support$5,500
Persist Nashville Nashville, TNUnrestricted Operational Support$5,000
Emory - Winship Cancer Insitute Atlanta, GAUnrestricted Operational Support$3,000
Brentwood Academy Brentwood, TNUnrestricted Operational Support$2,500
Saint Paul Christian Academy Nashville, TNUnrestricted Operational Support$2,500
Teach for America Atlanta, GAUnrestricted Operational Support$2,500
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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$2,326,651$980,654$111,192$73,38519$89,588$959,050$89,446
2023$1,439,852$109,902$88,011$54,00012$71,313$92,852$88,362
2022$1,449,339$45,105$130,496$93,73330$109,152$25,338$93,718
2021$1,516,444$75,377$107,212$72,38015$89,125$57,691$104,439
2020$1,545,754$23,196$112,215$86,00022—$28,841$92,801

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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants went to organizations whose stated missions include promoting youth golf (Tennessee Golf Foundation), increasing college graduation rates for Nashville students (Persist Nashville), and supporting academic opportunity for underserved students and developing educational leaders (Breakthrough Atlanta). Other grantees describe their work as including college-preparatory education, support for pets and their adoption, and cancer-related services and research.

Grantmaking

In 2024, the foundation made 19 grants totaling $73,385. Grant amounts ranged from $50 to $15,000, with a median of $2,500.

Among the largest grants were $15,000 to Community Foundation of NE Georgia, $10,250 to University of North Carolina Chapel Hill, $10,000 to Tennessee Golf Foundation, and $7,000 to Vanderbilt University. Each was listed for unrestricted operational support. Other grants included $5,500 to Atlanta Speech School Guild and $5,000 to Persist Nashville, also for unrestricted operational support.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Edward G Michaels III as Founder/President, Katharine McDowell as Executive Director, Joanne T Michaels as Trustee, and Edward G Michaels IV as Trustee.

Michaels Family Charitable Foundation is led by Katharine McDowell, Executive Director on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Katharine McDowell

    Executive Director

    On filings since 2020

    20 hrs/week

    $12K (2020) → $0 (2024)

  • Edward G. Michaels III

    Founder & President

    On filings since 2020

    20 hrs/week

    No compensation reported

  • Edward G. Michaels IV

    Trustee

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Joanne T. Michaels

    Trustee

    On filings since 2020

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Katharine McDowell — Executive Director: $13KKatharine McDowellExecutive Director$13K

The highest reported compensation on the 2023 filing was $13K, to Katharine McDowell (Executive Director).

Frequently asked questions about Michaels Family Charitable Foundation

How much does Michaels Family Charitable Foundation give each year?

Michaels Family Charitable Foundation gave $73K across 19 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $54K across 12 grants.

What is Michaels Family Charitable Foundation's typical grant size?

Michaels Family Charitable Foundation's median grant in 2024 was $2,500, and its average grant was $3,862, across 19 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Michaels Family Charitable Foundation that year got $3K on average.

Where does Michaels Family Charitable Foundation give grants?

Michaels Family Charitable Foundation's top state is Georgia, with 40% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Tennessee (38%) and North Carolina (16%). The most frequent recipient cities were Atlanta, GA (7 grants) and Nashville, TN (3 grants).

Does Michaels Family Charitable Foundation give general operating support?

Yes: 100% of Michaels Family Charitable Foundation's 2024 grants with a stated purpose (19 of 19) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Michaels Family Charitable Foundation's largest grantees?

Michaels Family Charitable Foundation's largest 2024 grantees include Community Foundation of Ne Georgia ($15,000), University of North Carolina Chapel Hill ($10,250) and Tennessee Golf Foundation ($10,000), according to its 2024 IRS Form 990-PF. Together they received 48% of its itemized 2024 grant dollars.

How large is Michaels Family Charitable Foundation?

Michaels Family Charitable Foundation reported $2.3M in total assets on its 2024 IRS Form 990-PF. It paid out $90K in qualifying distributions that year, against a required minimum of $89K (roughly 5% of its investment assets).

What does Michaels Family Charitable Foundation fund?

No mission statement for the foundation is provided. See mission & focus areas ↑

How do I apply for a grant from Michaels Family Charitable Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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.

Does Michaels Family Charitable Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Michaels Family Charitable Foundation funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/michaels-family-charitable-foundation-morg_3f356278ae874529a5c0edda240d60c6

BibTeX
@misc{grantable_582430856_2026,
  author       = {{Grantable}},
  title        = {{Michaels Family Charitable Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/michaels-family-charitable-foundation-morg_3f356278ae874529a5c0edda240d60c6},
  note         = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Michaels Family Charitable Foundation'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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