The Coville-Triest Family Foundation
- Assets
- $11.2m
- Revenue
- $2.5m
- Investments
- $11.2m
- Employees
- 0
- Location
- Southfield, MI
- Founding
- 04/1988
- Data as of
- 12/2023
- EIN
- 38-2702725
Organization Overview
The Coville-Triest Family Foundation is located in Southfield, MI. The organization was established in 1988. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coville-Triest Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Coville-Triest Family Foundation generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $958.3k during the year ending 12/2023. While expenses have increased by 3.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Coville-Triest Family Foundation has awarded 584 individual grants totaling $4,158,986. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Triest President | 15 | $50,884 | |
Betsy Coville Secretary | 2 | $0 | |
Barry Rosenbaum Board Member | 1 | $0 | |
Glenn Triest Board Member | 1 | $0 | |
Claudia Coville Board Member | 1 | $0 | |
Jonathan Triest Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,834,642 |
| Interest on Savings | $0 |
| Dividends & Interest | $225,966 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $280,899 |
| Capital Gain Net Income | $280,899 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $136,950 |
| Total Revenue | $2,478,457 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,885 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $7,512 |
| Interest | $0 |
| Taxes | $11,244 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $43,836 |
| Total operating and administrative expenses | $139,227 |
| Contributions, gifts, grants paid | $819,050 |
| Total expenses and disbursements | $958,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,146 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,169,103 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,197,249 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Coville-Triest Family Foundation has awarded $819,050 in support to 86 organizations.
| Grant Recipient | Amount |
|---|---|
ALTERNATIVES FOR GIRLS PURPOSE: UNRESTRICTED | $3,000 |
AMERICAN CANCER SOCIETY PURPOSE: UNRESTRICTED | $1,500 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: UNRESTRICTED | $1,000 |
ANIMAL EQUALITY PURPOSE: UNRESTRICTED | $1,000 |
ANIMAL PROTECTION AND WELLNESS SERVICES (APAWS) PURPOSE: UNRESTRICTED | $55,500 |
ANIMAL DEFENDERS INTERNATIONAL PURPOSE: UNRESTRICTED | $20,000 |