The Costley Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANN ARBOR, MI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 10 grants totaling $75K. Net investment income was $55K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
-2.7% YoY
Annual Giving
$75K
+0.0% YoY
Grant Count
10
+11.1% YoY
Avg Grant Size
$8K
-10.0% YoY
Under IRS private-foundation payout rules, The Costley Family Foundation reported a distributable amount of $104K for 2024 — the minimum it must pay out in qualifying distributions.
About The Costley Family Foundation
Based on IRS filings
The Costley Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANN ARBOR, MI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 10 grants totaling $75K. Net investment income was $55K.
Focus Areas
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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 | $2,122,242 | $2,182,149 | $2,281,967 |
| Revenue | $70,273 | $-13,721 | $297,848 |
| Expenses | $126,972 | $127,578 | $134,165 |
| Qualifying Distributions | $108,200 | $108,366 | $112,706 |
| Net Investment Income | $55,363 | $54,223 | $276,304 |
| Distributable Amount | $103,576 | $105,664 | $114,331 |
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
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Boyce Ansley School ($12,500), Ronald Mcdonald House ($12,500), The Womens Center of Southeastern Michigan ($12,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYCE ANSLEY SCHOOL ATLANTA, GA | CHARITABLE | $12,500 |
| BOYS & GIRLS CLUB OF METRO ATLANTA CHAMBLEE, GA | CHARITABLE | $10,000 |
| GUADALUPE CENTER OF IMMOKALEE IMMOKALEE, FL | CHARITABLE | $5,000 |
| JRLA OPERATION GRADUATION DETROIT, MI | CHARITABLE | $10,000 |
| KATE'S CLUB ATLANTA, GA | CHARITABLE | $5,000 |
| OZONE HOUSE YPSILANTI, MI | CHARITABLE | $2,500 |
| PEACE NEIGHBORHOOD CENTER ANN ARBOR, MI | CHARITABLE | $2,500 |
| RONALD MCDONALD HOUSE ANN ARBOR, MI | CHARITABLE | $12,500 |
| THE WOMENS CENTER OF SOUTHEASTERN MICHIGAN ANN ARBOR, MI | CHARITABLE | $12,500 |
| GIRLS GROUP ANN ARBOR, MI | CHARITABLE | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHERYL J COSTLEY | TRUSTEE/PRESIDENT | 1 | — |
| GARY E COSTLEY | TRUSTEE | — | — |
| ANGELA COSTLEY HARRIS | TRUSTEE/EXECUTIVE DIRECTOR | 10 | $31,200 |
| ALAN N HARRIS | TRUSTEE | — | — |
| CHAD D COSTLEY | TRUSTEE | — | — |
| LEIGHANN HUDKINS COSTLEY | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Costley Family Foundation?
The Costley Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANN ARBOR, MI. It holds $2.1M in total assets as of 2024.
How large is The Costley Family Foundation?
As of 2024, The Costley Family Foundation holds $2.1M in total assets with $70K in annual revenue. It awarded 10 grants totaling $75K in 2024.
Where does The Costley Family Foundation operate?
The Costley Family Foundation has awarded grants in Florida, Georgia, Michigan.
What size grants does The Costley Family Foundation award?
In 2024, The Costley Family Foundation awarded 10 grants totaling $75K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is The Costley Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Costley Family Foundation reported a distributable amount of $104K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Costley Family Foundation's EIN?
The Costley Family Foundation's EIN (Employer Identification Number) is 65-6430931. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Costley Family 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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