Tersigni Family Foundation

Private foundation · Grantmaker Bruce Township, MI EIN: 45-4057678

Tersigni Family Foundation is a private foundation focused on mutual and membership benefit, based in Bruce Township, MI. IRS filing data is available from 2020 through 2023. In 2023, it awarded 4 grants totaling $6.3M. Net investment income was $115K.

Key facts about Tersigni Family Foundation

In short: Tersigni Family Foundation gave $6.3M across 4 grants in 2023 (avg $1.6M), mostly in Michigan. Source: 2023 IRS Form 990-PF.

EIN
45-4057678
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$6,258,799
Grants made (2023)
4
Average grant
$1,564,700
Median grant
$14,500
Primary geography
Michigan (100% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$6.3M

+1289.3% YoY

Grant Count

4

+0.0% YoY

Avg Grant Size

$1.6M

+1289.3% YoY

Under IRS private-foundation payout rules, Tersigni Family Foundation reported a distributable amount of $220K for 2023 — the minimum it must pay out in qualifying distributions.

How Tersigni Family Foundation gives

  • Giving grew 1973% from 2020 to 2023. Method
  • In 2023 it paid out well above 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

5states

Share of 2023 grant dollars across all 4 itemized grants.

Cities

St. LouisChesterfieldEmmitsburgAlexandriaDetroitGrosse Pointe WoodsSouthfieldTroyWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M5 grants2020 3 grants2021 4 grants2022 4 grants2023

From 2020 to 2023, annual grant giving ranged from $277K (2021) to $6.3M (2023). In 2023 it made 4 grants totaling $6.3M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2023

Morgan Stanley Donor Advised Fund: $6.2MMorgan Stanley Donor AdvisedFund$6.2MAquinas Institute of Theology: $25KAquinas Institute of Theology$25KEdmund T Ahee Endowment Fund: $4KEdmund T Ahee Endowment Fund$4KCapuchin Soup Kitchen: $1KCapuchin Soup Kitchen$1K

The largest 2023 recipient was Morgan Stanley Donor Advised Fund ($6.2M). Together the top 4 received $6.3M.

Grant Size Distribution

16 grants across all recorded years

10<$50K$50–100K2$100–250K3$250–500K$500K–1M$1–5M1$5M+

The most common grant size was under $50K: 10 grants of 16 (63%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Morgan Stanley Donor Advised Fund Troy, MIProvide funds to organizations operating exclusively for religious, charitable, scientific, literary and educational purposes.$6,228,799
Aquinas Institute of Theology St. Louis, MOTuition Assistance Fund$25,000
Edmund T Ahee Endowment Fund Grosse Pointe Woods, MIHelp Provide Food to Those in Need$4,000
Capuchin Soup Kitchen Detroit, MIHelp Provide Food to Those in Need$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2020 2021 2022 2023
Metric202320222021
Total Assets—$5,013,059$5,138,080
Revenue$1,118$385,831$1,059,314
Expenses$6,304,072$510,852$327,537
Qualifying Distributions$6,258,799$450,500$276,600
Net Investment Income$114,730$326,592$74,912
Distributable Amount$219,962$312,589$281,328

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 November 15, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
  5. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

Tersigni Family Foundation is led by John Tersigni, President on every filing since 2020; none of the 3 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • John Tersigni

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Maria Tarrant

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Andrea Taravella

    Secretary & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2023. "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 Tersigni Family Foundation

How much does Tersigni Family Foundation give each year?

Tersigni Family Foundation gave $6.3M across 4 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $451K across 4 grants.

What is Tersigni Family Foundation's typical grant size?

Tersigni Family Foundation's median grant in 2023 was $14,500, and its average grant was $1,564,700, across 4 grants on its 2023 IRS Form 990-PF.

Where does Tersigni Family Foundation give grants?

Tersigni Family Foundation gives mostly in Michigan: 100% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there.

Does Tersigni Family Foundation give general operating support?

Yes: 25% of Tersigni Family Foundation's 2023 grants with a stated purpose (1 of 4) were for general or operating support, per its 2023 IRS Form 990-PF.

What is Tersigni Family Foundation?

Tersigni Family Foundation is a private foundation focused on mutual and membership benefit, based in Bruce Township, MI.

How much is Tersigni Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Tersigni Family Foundation reported a distributable amount of $220K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Tersigni Family Foundation's EIN?

Tersigni Family Foundation's EIN (Employer Identification Number) is 45-4057678. IRS Form 990 filing data is available on this page for 2020–2023.

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

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