The Cold Heading Foundation
The Cold Heading Foundation is a private foundation established in 1968 and based in Warren, Michigan. As a 501(c)(3) tax-exempt organization, it operates as an independent foundation focused on philanthropic giving across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21.7M
-1.2% YoY
Annual Giving
$1.1M
-0.0% YoY
Grant Count
47
-4.1% YoY
Avg Grant Size
$24K
+4.2% YoY
Under IRS private-foundation payout rules, The Cold Heading Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports initiatives in education, health associations, and Roman Catholic churches and organizations. According to recent grant distribution patterns, approximately 31% of giving supports education, 15% supports philanthropy and voluntarism, and nearly 13% supports sports and recreation.
Grantmaking
The foundation only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds. Applicants must contact the foundation directly for the application process. There are no deadlines.
Grant Range
$1,000–$360,000
Review Cycle
.
How to Apply
**
Ready to take the next step with The Cold Heading Foundation?
Geographic Focus
Where this funder awards grants
The foundation distributes grants across the United States, with particular activity in Michigan, Nevada, and Indiana.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $21,675,121
- Total Revenues: $1,100,814
- Total Expenses: $1,363,015
- Total Liabilities: $0
- Investment Income and Dividends: $656,701
- Number of Employees: 0
The foundation maintains a strong asset base with investment income as its primary revenue source.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $21,675,121 | $21,937,322 | $22,390,727 |
| Revenue | $1,100,814 | $919,279 | $1,333,661 |
| Expenses | $1,363,015 | $1,372,684 | $1,554,705 |
| Qualifying Distributions | $1,287,216 | $1,312,329 | $1,475,480 |
| Net Investment Income | $1,057,453 | $879,466 | $1,289,287 |
| Distributable Amount | $1,441,364 | $1,287,887 | $1,326,159 |
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
223 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Warriors Baseball Club of Michigan ($360,000), Grosse Pointe City Foundation ($125,000), Vegas Golden Knights Foundation ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACADEMY OF THE SACRED HEART BLOOMFIELD HILLS, MI | TO SUPPORT THE ORGANIZATION'S MISSON | $25,000 |
| ANGELS OF HOPE SHELBY TOWNSHIP, MI | TO SUPPORT THE ORGANIZATION'S MISSION | $2,000 |
| BAYVIEW YACHT CLUB FOUNDATION DETROIT, MI | TO SUPPORT THE ORGANIZATION'S MISSION | $20,000 |
| BECKY WILSON HOLLOWAY FOUNDATION FERNDALE, MI | TO SUPPORT THE ORGANIZATION'S MISSON | $5,000 |
| CHILDREN'S CHARITY AT ADIOS CLAWSON, MI | TO SUPPORT THE ORGANIZATION'S MISSION | $50,500 |
| DETROIT PAL DETROIT, MI | TO SUPPORT THE ORGANIZATION'S MISSION | $3,000 |
| FREMONT FIRE DEPARTMENT FREMONT, IN | TO SUPPORT THE ORGANIZATION'S MISSON | $10,000 |
| GILDA'S CLUB OF METRO DETROIT ROYAL OAK, MI | TO SUPPORT THE ORGANIZATION'S MISSION | $1,000 |
| GLEANERS DETROIT, MI | TO SUPPORT THE ORGANIZATION'S MISSION | $1,000 |
| GROSSE POINTE CITY FOUNDATION GROSSE POINTE, MI | TO SUPPORT THE ORGANIZATION'S MISSION | $125,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Derek Stevens – President
- Elizabeth Stevens – Vice President & Secretary
- Gregory Stevens – Treasurer
The foundation was founded by Rene DeSeranno, with funding sources including Cold Heading Co., Ajax Metal Processing, Inc., and Beach Lawn Mortgage Co.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEREK STEVENS | PRESIDENT | 8 | $48,000 |
| ELIZABETH STEVENS | VICE-PRESIDENT & SECRETARY | 8 | — |
| GREGORY STEVENS | TREASURER | 8 | $48,000 |
Frequently Asked Questions
What does The Cold Heading Foundation fund?
The foundation supports initiatives in education, health associations, and Roman Catholic churches and organizations. According to recent grant distribution patterns, approximately 31% of giving supports education, 15% supports philanthropy and voluntarism, and nearly 13% supports sports and recreation.
How do I apply for a grant from The Cold Heading Foundation?
**Grant Activity:** • Total giving in 2024: $1,127,500 • Typical grant range: $1,000–$360,000 • Made 38 grants in 2024 **Recent Grants (2024):** • Warriors Baseball Club of Michigan: $360,000 • City of Grosse Pointe Foundation: $125,000 • Vegas Golden Knights Foundation: $100,000 • University of Dayton Engineering: $75,000 • Children's Charity at Adios: $50,500 • Brother Rice High School: $20,000 • Academy of the Sacred Heart: $25,000 • Bayview Yacht Club Foundation: $20,000 **Application Proce…
Where does The Cold Heading Foundation make grants?
The foundation distributes grants across the United States, with particular activity in Michigan, Nevada, and Indiana.
What size grants does The Cold Heading Foundation award?
In 2024, The Cold Heading Foundation awarded 47 grants totaling $1.1M — an average of about $24K per grant, based on its IRS Form 990 filings.
How much is The Cold Heading Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Cold Heading Foundation reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Cold Heading Foundation's EIN?
The Cold Heading Foundation's EIN (Employer Identification Number) is 23-7005737. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Cold Heading Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Kadant Johnson Inc Scholarship Foun
THREE RIVERS, MI
Assets
—
Grants
3
Total Given
$5K
Thomas W Itin Charitable Trust
KEEGO HARBOR, MI
Assets
—
Grants
11
Total Given
$4K
Robert a Leonard Jr Charitable Trus
SOUTHFIELD, MI
Assets
—
Grants
2
Total Given
$11K
Homer Youth Athletic Association
TEKONSHA, MI
Assets
—
Grants
1
Total Given
$4K
Dr Shanti Swarup & Mrs Chawla Devi
TROY, MI
Assets
—
Grants
9
Total Given
$3K
Bojrab Family Foundation
BLOOMFIELD HILLS, MI
Assets
$185K
Grants
9
Total Given
$27K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Cold Heading Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Cold Heading Foundation to a real strategy.