Barry H Tigay Family Foundation
- Assets
- $324.5k
- Revenue
- $60.9k
- Investments
- $297.9k
- Employees
- 0
- Location
- Bloomfield Hills, MI
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 81-2771517
Organization Overview
Barry H Tigay Family Foundation is located in Bloomfield Hills, MI. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barry H Tigay 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 12/2021, Barry H Tigay Family Foundation generated $60.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 64.8% each year . All expenses for the organization totaled $108.0k during the year ending 12/2021. While expenses have increased by 30.1% per year over the past 3 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 2020, Barry H Tigay Family Foundation has awarded 86 individual grants totaling $164,371. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FINANCIAL ASSISTANCE TO RELIGIOUS AND HUMAINITARIAN ORGANIZATIONS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $11,173 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $49,752 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $60,927 |
| 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 | $4,300 |
| Total operating and administrative expenses | $6,975 |
| Contributions, gifts, grants paid | $101,027 |
| Total expenses and disbursements | $108,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,572 |
| 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 | $324,456 |
| 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, Barry H Tigay Family Foundation has awarded $101,027 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: EDUCATIONAL | $40,000 |
JEWISH FEDERATION OF DETROIT PURPOSE: FUNDRAISING | $18,000 |
ZIONIST ORGANIZATION OF AMERICA PURPOSE: POLITICAL | $5,000 |
Detroit, MI PURPOSE: CULTURAL | $4,690 |
ADAT SHALOM PURPOSE: RELIGIOUS | $3,925 |
ONE ISRAEL FUND PURPOSE: FUNDRAISING | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Samaritas Detroit, MI | $92,322,257 | $101,009,415 |
Indiana Members Credit Union Indianapolis, IN | $2,918,005,380 | $115,174,004 |
Goodwill Industries Of North Central Wisc Inc Menasha, WI | $88,771,633 | $81,283,932 |
Talbert House Cincinnati, OH | $31,118,204 | $71,372,789 |
Northeast Michigan Community Service Agency Inc Alpena, MI | $18,757,719 | $61,175,867 |
Graceworks Lutheran Services Dayton, OH | $148,547,516 | $59,310,713 |
Stepforward Cleveland, OH | $18,985,030 | $54,230,994 |
Community Advocates Inc Milwaukee, WI | $18,692,383 | $54,333,478 |
Lutheran Social Services Of Wisconsin And Upper Michigan West Allis, WI | $89,212,422 | $59,977,625 |
Cincinnati-Hamilton County Community Action Agency Cincinnati, OH | $18,344,887 | $51,573,356 |
Catholic Charities Corporation Cleveland, OH | $62,419,322 | $52,175,078 |
Great Lakes Community Action Partnership Fremont, OH | $28,522,004 | $53,103,851 |