Michaels Family Foundation Inc

Private foundation · Grantmaker Shelton, CT EIN: 23-7055684

Michaels Family Foundation Inc is a private foundation, based in Shelton, CT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $884K in total assets. In 2025, it awarded 8 grants totaling $11K. Net investment income was $5K.

Key facts about Michaels Family Foundation Inc

In short: Michaels Family Foundation Inc gave $11K across 8 grants in 2025 (avg $1K), mostly in Connecticut. Source: 2025 IRS Form 990-PF.

EIN
23-7055684
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$11,103
Grants made (2025)
8
Average grant
$1,388
Median grant
$1,000
Total assets
$883,798
Primary geography
Connecticut (81% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$884K

Annual Giving

$11K

+344.1% YoY

Grant Count

8

+700.0% YoY

Avg Grant Size

$1K

-44.5% YoY

How Michaels Family Foundation Inc gives

  • Giving fell 21% from 2022 to 2025. Method
  • In 2023 it paid out 122% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states

Share of 2025 grant dollars across all 8 itemized grants.

Cities

NorwalkTucsonCheshireNew YorkBridgeportBristolMemphisBethelBostonClifton ParkCreve CoeurDerbyEastonFairfieldFreeportHartfordMamaroneckMelbourneMonroeNashville

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K15 grants2020 17 grants2021 5 grants2022 9 grants2023 1 grant2024 8 grants2025

From 2020 to 2025, annual grant giving ranged from $3K (2024) to $22K (2020). In 2025 it made 8 grants totaling $11K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Fairfield Giving Inc: $5KFairfield Giving Inc$5KFacets 2025 Jewelers for Children: $1KFacets 2025 Jewelers forChildren$1KMs Society: $1KMs Society$1KNorwalk Senior Center Inc: $1KNorwalk Senior Center Inc$1KEaston Community Center: $1KEaston Community Center$1KPaws: $1KPaws$1KFilling in the Blanks Inc: $1KFilling in the Blanks Inc$1KAlzheimers Foundation: $103Alzheimers Foundation$103

The largest 2025 recipient was Fairfield Giving Inc ($5K). Together the top 8 received $11K.

Grant Size Distribution

40 grants across all recorded years

40<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 40 grants of 40 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Fairfield Giving Inc Fairfield, CTDonation$5,000
Facets 2025 Jewelers for Children New York, NYDonation$1,000
Ms Society New York, NYDonation$1,000
Norwalk Senior Center Inc Norwalk, CTDonation$1,000
Easton Community Center Easton, CTDonation$1,000
Paws Norwalk, CTDonation$1,000
Filling in the Blanks Inc Norwalk, CTDonation$1,000
Alzheimers Foundation NY, NYDonation$103

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$883,798—$120,910
Revenue$767,847$-74,356$22,744
Expenses$12,237$3,766$13,518
Qualifying Distributions$11,103$2,500$7,000
Net Investment Income$4,672$4,941$13,236
Distributable Amount——$5,752

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 14, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS October 13, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 5, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 26, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 1, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 12, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Michaels Family Foundation Inc's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Lindsay Michaels-Gorski

    Secretary

    Trustee → Secretary, 2022

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Jacqueline Cassidy

    Controller

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Brittany Michaels

    Treasurer

    On filings since 2022

    5 hrs/week

    No compensation reported

Former officers (3)
  • Former: William Mark Michaels (2020–2022) — Chairman
  • Former: John A. Michaels (2020–2021) — Secretary
  • Former: Victoria Mangado (2020–2021) — Controller

Data from IRS Form 990 filings, 2020–2025. "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 Michaels Family Foundation Inc

How much does Michaels Family Foundation Inc give each year?

Michaels Family Foundation Inc gave $11K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3K across 1 grant.

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

Michaels Family Foundation Inc's median grant in 2025 was $1,000, and its average grant was $1,388, across 8 grants on its 2025 IRS Form 990-PF.

Where does Michaels Family Foundation Inc give grants?

Michaels Family Foundation Inc gives mostly in Connecticut: 81% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (19%). The most frequent recipient cities were Norwalk, CT (3 grants) and New York, NY (2 grants).

Does Michaels Family Foundation Inc give general operating support?

Not in 2025: none of the 8 grants with a stated purpose on Michaels Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (8 grants).

Who are Michaels Family Foundation Inc's largest grantees?

Michaels Family Foundation Inc's largest 2025 grantees include Fairfield Giving Inc ($5,000), Facets 2025 Jewelers for Children ($1,000) and Ms Society ($1,000), according to its 2025 IRS Form 990-PF. Together they received 63% of its itemized 2025 grant dollars.

How large is Michaels Family Foundation Inc?

Michaels Family Foundation Inc reported $884K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $768K.

What is Michaels Family Foundation Inc's EIN?

Michaels Family Foundation Inc's EIN (Employer Identification Number) is 23-7055684. IRS Form 990 filing data is available on this page for 2020–2025.

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

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