Soave Family Charitable Foundation
- Assets
- $4.2k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 06/2014
- Data as of
- 12/2022
- EIN
- 46-4168386
Organization Overview
Soave Family Charitable Foundation is located in Detroit, MI. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Soave Family Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Kless Vice President | 1 | $0 | |
Yale Levin President, Director | 1 | $0 | |
Richard T Brockhaus Treasurer, Director | 1 | $0 | |
Edward L Schwartz Sr. Vice President, Direct | 1 | $0 | |
Michael L Piesko Sr. Vice President, Direct | 1 | $0 | |
Bryant M Frank Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,671,531 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,671,531 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,027 |
| Total operating and administrative expenses | $1,027 |
| Contributions, gifts, grants paid | $1,667,500 |
| Total expenses and disbursements | $1,668,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,215 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,215 |
| 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, Soave Family Charitable Foundation has awarded $1,667,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ASCENSION ST JOHN FOUNDATION PURPOSE: MEDICAL | $1,500,000 |
DANTE ALIGHIERI SOCIETY PURPOSE: HISTORICAL | $25,000 |
DETROIT INSTITUTE OF ARTS PURPOSE: ARTISTIC | $25,000 |
JUVENILE DIABETES RESEARCH FOUNDATION PURPOSE: MEDICAL | $5,000 |
MAKE A WISH SOUTHERN FLORIDA PURPOSE: MEDICAL | $10,000 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: MEDICAL | $37,500 |