The Ave Maria Foundation
The Ave Maria Foundation is a private foundation, based in ANN ARBOR, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 4 grants totaling $57K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
-6.6% YoY
Annual Giving
$57K
+0.5% YoY
Grant Count
4
-42.9% YoY
Avg Grant Size
$14K
+76.0% YoY
Under IRS private-foundation payout rules, The Ave Maria Foundation reported a distributable amount of $90K for 2024 — the minimum it must pay out in qualifying distributions.
About The Ave Maria Foundation
Based on IRS filings
The Ave Maria Foundation is a private foundation, based in ANN ARBOR, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 4 grants totaling $57K. Net investment income was $7K.
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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 | $3,125,631 | $3,345,251 | $4,865,579 |
| Revenue | $932,430 | $1,237,899 | $904,168 |
| Expenses | $1,106,117 | $1,270,605 | $939,581 |
| Qualifying Distributions | $210,698 | $265,486 | $212,993 |
| Net Investment Income | $6,630 | $2,930 | $564 |
| Distributable Amount | $90,310 | $81,469 | $80,736 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ave Maria School of Law ($30,832), Legatus ($23,841), Arborwomen Health ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Arborwomen Health Ann Arbor, MI | General Support | $1,000 |
| Ave Maria School of Law Naples, FL | General Support | $30,832 |
| Ave Maria University Ave Maria, FL | General Support | $1,000 |
| Legatus Ann Arbor, MI | General Support | $23,841 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Thomas S Monaghan | President/Director | 40 | $39,728 |
| Jeff Randolph | Secretary/Director | 20 | $70,797 |
| Paul Roney | Treasurer/Director | 10 | $101,500 |
Frequently Asked Questions
How large is The Ave Maria Foundation?
As of 2024, The Ave Maria Foundation holds $3.1M in total assets with $932K in annual revenue. It awarded 4 grants totaling $57K in 2024.
Where does The Ave Maria Foundation operate?
The Ave Maria Foundation has awarded grants in Florida, Michigan, Virginia.
What size grants does The Ave Maria Foundation award?
In 2024, The Ave Maria Foundation awarded 4 grants totaling $57K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is The Ave Maria Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ave Maria Foundation reported a distributable amount of $90K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Ave Maria Foundation's EIN?
The Ave Maria Foundation's EIN (Employer Identification Number) is 38-2514364. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Ave Maria 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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