Terence & Jennifer Adderley Foundation

DETROIT, MI EIN: 82-4235509

Terence & Jennifer Adderley Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.4M in total assets. In 2024, it awarded 7 grants totaling $875K. Net investment income was $1.1M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$29.4M

+14.1% YoY

Annual Giving

$875K

-44.4% YoY

Grant Count

7

+40.0% YoY

Avg Grant Size

$125K

-60.3% YoY

About Terence & Jennifer Adderley Foundation

Based on IRS filings

Terence & Jennifer Adderley Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.4M in total assets. In 2024, it awarded 7 grants totaling $875K. Net investment income was $1.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

DetroitGrosse Pointe ParkHarbor SpringsOak ParkPetoskey

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$7M$11M$14M20202021202220232024
Metric202420232022
Total Assets$29,380,432$25,750,194$20,139,414
Revenue$4,590,693$7,319,864$12,873,947
Expenses$1,122,025$1,731,568$297,859
Qualifying Distributions$896,994$1,590,787$243,826
Net Investment Income$1,089,305$609,747$239,915
Distributable Amount$1,369,881$1,000,852$567,096

Giving Over Time

Total grant dollars and number of grants per year

$0$394K$788K$1M$2M1 grants20200 grants20217 grants20225 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

DETROIT INSTITUTE OF ARTS$250KDETROIT INSTITUTE OF ARTS$250KDETROIT INSTITUTE OF ARTS$250KNORTHWEST MICHIGAN HABIT…$50KCOMMUNITY FOUNDATION OF …$25KCOMMUNITY FOUNDATION OF …$25KCOMMUNITY FOUNDATION OF …$25K

Grant Size Distribution

20 grants across all recorded years

10<$50K2$50–100K3$100–250K4$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
JENNIFER G ADDERLEYPRESIDENT/TREASURER1
ANDREW H CUROESECRETARY1
RICHARD J KELLYDIRECTOR1
EUGENE A GARGARO JRDIRECTOR1

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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