Modern Ancient Brown Foundation is a private foundation focused on Arts, Culture & Humanities, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $504K in total assets. In 2024, it awarded 3 grants totaling $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$504K
+3.8% YoY
Annual Giving
$3K
-80.6% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$1K
-74.2% YoY
Under IRS private-foundation payout rules, Modern Ancient Brown Foundation reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.
About Modern Ancient Brown Foundation
Based on IRS filings
Modern Ancient Brown Foundation is a private foundation focused on Arts, Culture & Humanities, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $504K in total assets. In 2024, it awarded 3 grants totaling $3K.
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 | $504,002 | $485,414 | $293,005 |
| Revenue | $326,271 | $479,824 | $540,760 |
| Expenses | $307,683 | $287,415 | $524,501 |
| Qualifying Distributions | $174,217 | $156,985 | $416,857 |
| Net Investment Income | — | $306,770 | $202,773 |
| Distributable Amount | $21,931 | $18,160 | $14,736 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ruth Ellis Center ($2,000), Cranbrook Educational Community ($1,000), Gofundme ($100).
| Recipient | Purpose | Amount |
|---|---|---|
| CRANBROOK EDUCATIONAL COMMUNITY BLOOMFIELD HILLS, MI | TO SUPPORT ART EDUCATION | $1,000 |
| RUTH ELLIS CENTER HIGHLAND PARK, MI | TO SUPPORT YOUTH PROGRAMS | $2,000 |
| GOFUNDME WEST HOLLYWOOD, CA | TO SUPPORT CHARITABLE FUNDS | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MCARTHUR BINION | DIRECTOR | 5 | — |
| SAVANNAH SHANGE-BINION | PRESIDENT | 5 | — |
| LUCAS BINION | TREASURER | 5 | — |
| STELLA BINION | SECRETARY | 5 | — |
| MICHAEL STONE-RICHARDS | EXECUTIVE DIRECTOR | 40 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Modern Ancient Brown Foundation?
Modern Ancient Brown Foundation is a private foundation focused on Arts, Culture & Humanities, based in DETROIT, MI. It holds $504K in total assets as of 2024.
How large is Modern Ancient Brown Foundation?
As of 2024, Modern Ancient Brown Foundation holds $504K in total assets with $326K in annual revenue. It awarded 3 grants totaling $3K in 2024.
Where does Modern Ancient Brown Foundation operate?
Modern Ancient Brown Foundation has awarded grants in California, Illinois, Michigan.
What size grants does Modern Ancient Brown Foundation award?
In 2024, Modern Ancient Brown Foundation awarded 3 grants totaling $3K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Modern Ancient Brown Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Modern Ancient Brown Foundation reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Modern Ancient Brown Foundation's EIN?
Modern Ancient Brown Foundation's EIN (Employer Identification Number) is 84-3357562. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Modern Ancient Brown 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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