THE COMERICA CHARITABLE TRUST IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF RECEIVING AND ADMINISTERING FUNDS TO MAKE DISTRIBUTIONS TO ORGANIZATIONS WHICH QUALIFY AS EXEMPT ORGANIZATIONS UNDER INTERNAL REVENUE CODE 501(C)(3). THE ORGANIZATION ENABLES DONORS TO CREATE A CHARITABLE FUND THAT CAN EITHER BE A DONOR ADVISED FUND OR A DONOR DESIGNATED FUND. GIFTS OR GRANTS MADE TO OTHER CHARITIES, WHICH QUALIFY AS TAX-EXEMPT ORGANIZATIONS, ARE DISBURSED FROM EACH ACCOUNT BY ADVISEMENT FROM THE DONOR, DESIGNATION OF SPECIFIC CHARITIES SELECTED BY THE DONOR, OR AT THE ORGANIZATION'S DISCRETION FOR THOSE CONTRIBUTIONS OVER WHICH IT HAS RETAINED VARIANCE POWER.
Reported officers (all unpaid)
No paid executives reported in 2024. COMERICA CHARITABLE TRUST reported 1 unpaid officer or board member on its 990.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Revenue and expenses over time
COMERICA CHARITABLE TRUST reported revenue and expenses across 3 filing years.
What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan
COMERICA CHARITABLE TRUST 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.
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 →Common questions about COMERICA CHARITABLE TRUST
What are COMERICA CHARITABLE TRUST's revenue and expenses?
In 2024, COMERICA CHARITABLE TRUST reported $22.6M in total revenue and $22.2M in total expenses on its IRS Form 990.
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