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Filing year 2024

COMERICA CHARITABLE FOUNDATION

Farmington Hills, Michigan·EIN 38-3373052·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$7M
Total assets
$6.1M
Total expenses
$3.9M
Reported officers
10

Reported officers (all unpaid)

No paid executives reported in 2024. COMERICA CHARITABLE FOUNDATION reported 10 unpaid officers and board members on its 990-PF.

President & Director
Treasurer
Chair & Director
Corporate Secretary
Director
Director
Director
Assistant Corporate Secretary
Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$3.8M

Itemized grants

13

Median grant

$7k

RecipientLocationPurposeAmount
Charities Aid Foundation AmericaAlexandria, VAGeneral Operating$3.6M
CyberGrants SPV LLCAndover, MASee Attachment for Details$189k
talkSTEMDallas, TXtalkSTEM Teacher Fellowship Program$15k
Mount Olive Development CooperationFt Lauderdale, FLFood Insecurity Mental Health & Financial Literacy Program$15k
Raza Development FundPhoenix, AZCollaboration for Impact -South Central Collaborative$11k
Hustle USAPhoenix, AZHustle USA Community Development Loan Fund$10k
ART 2 HEARTKerrville, TXS.T.E.P.P.S Leadeship Program$7k
Arlington Urban MinistriesArlington, TXThriving Families Senior Homeless Prevention$5k
World Youth Foundation IncHouston, TXYouth Innovative Incubator Program$5k
Enterprise Community Partners IncColumbia, MDAffordable Housing Partner Sustainability in Southern California$5k
The Senior SourceDallas, TXGeneral Operating$5k
Power on Heals Fund IncHumble, TXLatina Power Institute$3k
East Harris County Empowerment CouncilHouston, TXCommunity Entrepreneurship Academy$500
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

COMERICA CHARITABLE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$232k
$3.7M
2023
$7M
$3.9M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

COMERICA CHARITABLE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Michigan earns a median of $25,000.

25th percentile
$7k
Median
$25,000
75th percentile
$65k
90th percentile
$147k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 732 organizations across 732 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Michigan
FAQ

Common questions about COMERICA CHARITABLE FOUNDATION

What are COMERICA CHARITABLE FOUNDATION's revenue and expenses?

In 2024, COMERICA CHARITABLE FOUNDATION reported $7M in total revenue and $3.9M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.