Costley Fam Foundatiion
- Assets
- $2.3m
- Revenue
- $297.8k
- Investments
- $2.0m
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 05/2005
- Data as of
- 06/2022
- EIN
- 65-6430931
Organization Overview
Costley Fam Foundatiion is located in Ann Arbor, MI. The organization was established in 2005. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Costley Fam Foundatiion 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 06/2022, Costley Fam Foundatiion generated $297.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $134.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Costley Fam Foundatiion has awarded 52 individual grants totaling $576,500. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Costley Harris Trustee/executive Director | 10 | $31,200 | |
Cheryl J Costley Trustee/president | 1 | $0 | |
Gary E Costley Trustee | 0 | $0 | |
Chad D Costley Trustee | 0 | $0 | |
Leighann Hudkins Costley Trustee | 0 | $0 | |
Alan N Harris Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15 |
| Dividends & Interest | $67,570 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $230,178 |
| Capital Gain Net Income | $230,178 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $85 |
| Total Revenue | $297,848 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,200 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,004 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $156 |
| Total operating and administrative expenses | $54,665 |
| Contributions, gifts, grants paid | $79,500 |
| Total expenses and disbursements | $134,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,937 |
| Savings and temporary cash investments | $170,000 |
| 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 | $946,265 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,281,967 |
| 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, Costley Fam Foundatiion has awarded $79,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
GUADALUPE CENTER OF IMMOKALEE PURPOSE: CHARITABLE | $20,000 |
BOYCE ANSLEY PURPOSE: CHARITABLE | $15,000 |
Chamblee, GA PURPOSE: CHARITABLE | $10,000 |
RONALD MCDONALD HOUSE PURPOSE: CHARITABLE | $10,000 |
JRLA OPERATION GRADUATION PURPOSE: CHARITABLE | $7,500 |
THE WOMENS CENTER OF SOUTHEASTERN MICHIGAN PURPOSE: CHARITABLECHARITABLE | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lynde And Harry Bradley Foundation Inc Milwaukee, WI | $1,061,478,184 | $82,867,746 |
Herbert H & Grace A Dow Foundation Midland, MI | $575,608,768 | $36,767,282 |
Dte Energy Foundation Detroit, MI | $165,950,300 | $32,183,321 |
Progressive Insurance Foundation Cleveland, OH | $7,804,354 | $47,823,383 |
Highlands Foundation Inc Madison, WI | $16,807,622 | $1,089,528 |
Rockwell Automation Charitable Corporation Milwaukee, WI | $6,137,007 | $10,007,891 |
Third Federal Foundation Cleveland, OH | $35,709,526 | $3,618,702 |
Gii Charities Grand Rapids, MI | $4,065,002 | $6,112,431 |
Westfield Insurance Foundation Westfield Center, OH | $42,931,784 | $4,362,594 |
Morgan Family Foundation Yellow Springs, OH | $51,827,477 | $1,582,241 |
Harry M And Violet Turner Charitable Trust Springfield, OH | $29,217,065 | $2,348,308 |
Penske Foundation Inc Bloomfield Hills, MI | $17,008,099 | $10,243,924 |