The Meemic Foundation
The Meemic Foundation is a private foundation focused on Education, based in Auburn Hills, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.9M in total assets. In 2024, it awarded 1 grant totaling $217K. Net investment income was $2.1M.
The Meemic Foundation at a glance
In short: The Meemic Foundation gave $217K across 1 grant in 2024 (avg $217K), mostly in Michigan. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $216,501
- -40.8% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $216,501
- -40.8% vs 2023
- Median grant
- $216,501
- Total assets
- $4,889,305
- +12.0% vs 2023
- Primary geography
- Michigan (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Meemic Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was See Attachment ($217K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How The Meemic Foundation gives
- Giving fell 55% from 2021 to 2024. Method
- In 2024 it paid out 110% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $217K (2024) to $538K (2022). In 2024 it made 1 grant totaling $217K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| See Attachment Auburn Hills, MI | See Attached | $216,501 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $4,889,305 | $2,395,184 | $261,576 | $216,501 | 1 | $224,133 | $2,103,943 | $204,238 |
| 2023 | $4,365,797 | $500,685 | $433,178 | $365,872 | 1 | $373,335 | $44,107 | $200,530 |
| 2022 | $3,723,045 | $615,981 | $584,130 | $537,971 | 1 | $544,409 | $45,106 | $198,075 |
| 2021 | $4,375,847 | $670,480 | $596,593 | $475,899 | 1 | $482,633 | $87,364 | $203,019 |
| 2020 | $3,896,845 | $709,329 | $620,076 | $389,816 | 1 | — | $128,570 | $163,147 |
Under IRS private-foundation payout rules, The Meemic Foundation reported a distributable amount of $204K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Meemic Foundation is led by Heather K. Drake, President since 2023 (on filings since 2020); none of the 10 officers listed in 2024 report compensation.
Officers on the 2024 filing
Heather K. Drake
President
Member → President, 2023
On filings since 2020
0.2 hrs/week
No compensation reported
Roger D. Odle II
Board Chair
New on the 2024 filing
0.2 hrs/week
No compensation reported
John Bruno
Vice President
On filings since 2020
0.2 hrs/week
No compensation reported
Marcia L. Hannewald
Assistant Secretary
On filings since 2020
0.2 hrs/week
No compensation reported
Pam Harlin
Fdn Manager
On filings since 2020
0.2 hrs/week
No compensation reported
Sean Maloney
Treasurer & CFO
Treasurer → Treasurer & CFO, 2022
On filings since 2020
0.2 hrs/week
No compensation reported
Margaret A. Scheske
Assistant Treasurer
On filings since 2021
0.2 hrs/week
No compensation reported
Brian G. McNally
Member
New on the 2024 filing
0.2 hrs/week
No compensation reported
Donald L. Sain
Member
New on the 2024 filing
0.2 hrs/week
No compensation reported
Richard Gradone
Member
New on the 2024 filing
0.2 hrs/week
No compensation reported
Former officers (7)
- Former: Gene J. Boehm (2020–2023) — Member
- Former: Jim McCafferty (2022–2023) — Chair & CEO
- Former: Richard Gardone (2023) — Member
- Former: Anne L. Arvia (2020–2022) — Member
- Former: Matthew Michalski (2020–2022) — President
- Former: Jeanine Raquet (2020–2021) — Chair & CEO
- Former: Dion D. Stevens (2020) — Assistant Treasurer
Data from IRS Form 990 filings, 2020–2024. "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 The Meemic Foundation
How much does The Meemic Foundation give each year?
The Meemic Foundation gave $217K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $366K across 1 grant.
How large is The Meemic Foundation?
The Meemic Foundation reported $4.9M in total assets on its 2024 IRS Form 990-PF. It paid out $224K in qualifying distributions that year, against a required minimum of $204K (roughly 5% of its investment assets).
What is The Meemic Foundation?
The Meemic Foundation is a private foundation focused on Education, based in Auburn Hills, MI. It holds $4.9M in total assets as of 2024.
Where does The Meemic Foundation operate?
The Meemic Foundation has awarded grants in Michigan.
What is The Meemic Foundation's EIN?
The Meemic Foundation's EIN (Employer Identification Number) is 38-3048526. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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