Soave Foundation

DETROIT, MI EIN: 46-4168386

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

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

Bloomfield HillsCantonChelseaDearbornDetroitGreenwood VillageGrosse PointeGrosse Pointe FarmsHoustonLivoniaLos AngelesNaplesNew YorkNoviOak ParkOverland ParkRoyal OakSouthfieldTampaTroy

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$460K$919K$1M$2M2021202220232024
Metric202420232022
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

$0$417K$834K$1M$2M0 grants20218 grants202221 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ASCENSION ST JOHN FOUNDA…$300KDETROIT INSTITUTE OF ARTS$200KCHURCH OF THE MESSIAH HO…$25KLOS ANGELES COUNTY MUSEU…$25KGROSSE POINTE CHAPEL CO …$25KFASHION TRUST US$15KTHE WAR MEMORIAL$11KASCENSION ST JOHN FOUNDA…$10KANGEL'S PLACE$5KGROSSE POINTE CHAMBER FO…$5K

Grant Size Distribution

46 grants across all recorded years

41<$50K1$50–100K1$100–250K2$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KRISTIN KLESSVICE PRESIDENT1
YALE LEVINPRESIDENT, DIRECTOR1
RICHARD T BROCKHAUSTREASURER, DIRECTOR1
EDWARD L SCHWARTZSR. VICE PRESIDENT, DIRECTOR1
MICHAEL L PIESKOSR. VICE PRESIDENT, DIRECTOR1
DEREK ADOLFSECRETARY1
CHRISTOPHER O CORDENSR. VICE PRESIDENT1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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