Timothy Mcelroy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILFORD, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $943K in total assets. In 2024, it awarded 2 grants totaling $120K. Net investment income was $47K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$943K
-7.3% YoY
Annual Giving
$120K
+20.0% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$60K
+20.0% YoY
About Timothy Mcelroy Foundation
Based on IRS filings
Timothy Mcelroy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILFORD, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $943K in total assets. In 2024, it awarded 2 grants totaling $120K. Net investment income was $47K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $943,079 | $1,017,372 | $1,077,009 |
| Revenue | $47,362 | $40,883 | $10,794 |
| Expenses | $121,655 | $100,520 | $100,495 |
| Qualifying Distributions | $120,000 | $100,000 | $100,000 |
| Net Investment Income | $47,362 | $40,883 | $10,794 |
| Distributable Amount | $45,789 | $51,006 | $55,102 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTOPHER MCELROY | PRESIDENT | — | — |
| KARYN A HOPP | VICE PRESIDENT | — | — |
| KIMBERLY MCELROY | SECRETARY & TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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