The Mikesell Wade Foundation

DETROIT, MI EIN: 34-6518852

Religion Human services Youth development

The Mikesell Wade Foundation is a private foundation focused on Religion, based in DETROIT, MI. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $579K in total assets. In 2024, it awarded 5 grants totaling $46K. Net investment income was $53K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$579K

+1.3% YoY

Annual Giving

$46K

+15.0% YoY

Grant Count

-16.7% YoY

Avg Grant Size

$9K

+38.0% YoY

Under IRS private-foundation payout rules, The Mikesell Wade Foundation reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.

About The Mikesell Wade Foundation

Based on IRS filings

Focus Areas

Religion Human services Youth development

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $236K (96%)

Illinois $10K (4%)

States

Illinois Ohio Pennsylvania Wisconsin

Cities

ColumbusLisleMillburyMilwaukeePittsburghSylvaniaToledo

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$579,237	$571,843	$594,151
Revenue	$65,338	$26,154	$26,941
Expenses	$57,207	$48,545	$75,987
Qualifying Distributions	$47,498	$40,442	$63,797
Net Investment Income	$52,937	$16,285	$14,438
Distributable Amount	$49,087	$42,405	$44,652

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

26 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Friends of Boys and Girls Club-toledo ($30,000), Boy Scouts of America Erie Shores ($5,000), Giant Steps Illinois Inc ($5,000).

Recipient	Purpose	Amount
RONALD MCDONALD HOUSE CHARITIES OF NW OH TOLEDO, OH	SUPPORT DAILY OPERATIONS	$3,500
FRIENDS OF BOYS AND GIRLS CLUB-TOLEDO TOLEDO, OH	SUPPORT DAILY OPERATIONS	$30,000
BOY SCOUTS OF AMERICA ERIE SHORES TOLEDO, OH	SUPPORT DAILY OPERATIONS	$5,000
GIANT STEPS ILLINOIS INC LISLE, IL	SUPPORT DAILY OPERATIONS	$5,000
CENTRAL CITY MINISTRY TOLEDO, OH	SUPPORT FOR DAILY	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Religion Human services Youth development

Frequently Asked Questions

What is The Mikesell Wade Foundation?

The Mikesell Wade Foundation is a private foundation focused on Religion, based in DETROIT, MI. It holds $579K in total assets as of 2024.

How large is The Mikesell Wade Foundation?

As of 2024, The Mikesell Wade Foundation holds $579K in total assets with $65K in annual revenue. It awarded 5 grants totaling $46K in 2024.

Where does The Mikesell Wade Foundation operate?

The Mikesell Wade Foundation has awarded grants in Illinois, Ohio, Pennsylvania, Wisconsin.

What size grants does The Mikesell Wade Foundation award?

In 2024, The Mikesell Wade Foundation awarded 5 grants totaling $46K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is The Mikesell Wade Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mikesell Wade Foundation reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.