Soave Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $320K in total assets. In 2024, it awarded 17 grants totaling $642K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$320K
+63.7% YoY
Annual Giving
$642K
+41.9% YoY
Grant Count
17
-19.0% YoY
Avg Grant Size
$38K
+75.3% YoY
Under IRS private-foundation payout rules, Soave Foundation reported a distributable amount of $22K for 2024 — the minimum it must pay out in qualifying distributions.
About Soave Foundation
Based on IRS filings
Soave Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $320K in total assets. In 2024, it awarded 17 grants totaling $642K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $319,972 | $195,432 | $4,215 |
| Revenue | $772,604 | $643,837 | $1,671,531 |
| Expenses | $646,849 | $453,835 | $1,668,527 |
| Qualifying Distributions | $646,849 | $453,835 | $1,668,527 |
| Net Investment Income | — | — | — |
| Distributable Amount | $21,685 | $19,737 | $476 |
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
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ascension St John Foundation ($300,000), Detroit Institute of Arts ($200,000), Church of the Messiah Housing Corporation ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ANDIAMO CHARITIES WARREN, MI | COMMUNITY SERVICE | $500 |
| ANGEL'S PLACE SOUTHFIELD, MI | COMMUNITY SERVICE | $5,000 |
| CHURCH OF THE MESSIAH HOUSING CORPORATION DETROIT, MI | COMMUNITY SERVICE | $25,000 |
| ASCENSION ST JOHN FOUNDATION WARREN, MI | MEDICAL | $300,000 |
| ASCENSION ST JOHN FOUNDATIONHOLLEY INSTITUTE WARREN, MI | MEDICAL | $10,000 |
| LOS ANGELES COUNTY MUSEUM OF ART LOS ANGELES, CA | ARTISTIC | $25,000 |
| THE WAR MEMORIAL GROSSE POINTE FARMS, MI | COMMUNITY SERVICE | $10,500 |
| CITIZENS RESEARCH COUNCIL OF MICHIGAN LIVONIA, MI | COMMUNITY SERVICE | $2,500 |
| GROSSE POINTE CHAMBER FOUNDATION GROSSE POINTE FARMS, MI | ARTISTIC | $5,000 |
| DETROIT INSTITUTE OF ARTS DETROIT, MI | ARTISTIC | $200,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KRISTIN KLESS | VICE PRESIDENT | 1 | — |
| YALE LEVIN | PRESIDENT, DIRECTOR | 1 | — |
| RICHARD T BROCKHAUS | TREASURER, DIRECTOR | 1 | — |
| EDWARD L SCHWARTZ | SR. VICE PRESIDENT, DIRECTOR | 1 | — |
| MICHAEL L PIESKO | SR. VICE PRESIDENT, DIRECTOR | 1 | — |
| DEREK ADOLF | SECRETARY | 1 | — |
| CHRISTOPHER O CORDEN | SR. VICE PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Soave Foundation?
Soave Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. It holds $320K in total assets as of 2024.
How large is Soave Foundation?
As of 2024, Soave Foundation holds $320K in total assets with $773K in annual revenue. It awarded 17 grants totaling $642K in 2024.
Where does Soave Foundation operate?
Soave Foundation has awarded grants in California, Colorado, Florida, Kansas, Michigan, New York, Texas.
What size grants does Soave Foundation award?
In 2024, Soave Foundation awarded 17 grants totaling $642K — an average of about $38K per grant, based on its IRS Form 990 filings.
How much is Soave Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Soave Foundation reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Soave Foundation's EIN?
Soave Foundation's EIN (Employer Identification Number) is 46-4168386. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Soave 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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