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Filing year 2024

MARVIN AND ROSALIE OKUN FOUNDATION

Kalamazoo, Michigan·EIN 38-3323820·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$3M
Total assets
$25.8M
Total expenses
$2M
Reported officers
6

Reported officers (all unpaid)

No paid executives reported in 2024. MARVIN AND ROSALIE OKUN FOUNDATION reported 6 unpaid officers and board members on its 990-PF.

President
Secretary/tr
Director
Director
Director
Director

Grants paid

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

Total granted

$1.6M

Itemized grants

77

Median grant

$14k

RecipientLocationPurposeAmount
MILESTONE SENIOR SERVICESKALAMAZOO, MICHARITABLE$100k
CONGREGATION OF MOSESKALAMAZOO, MICHARITABLE$81k
PINE REST FOUNDATIONGRAND RAPIDS, MICHARITABLE$75k
BRONSON HEALTH FOUNDATION INCKALAMAZOO, MICHARITABLE$60k
COMMUNITY HEALING CENTERSKALAMAZOO, MICHARITABLE$60k
YOUNG WOMEN'S CHRISTIAN ASSOCIATIONKALAMAZOO, MICHARITABLE$55k
CHEFF THERAPEUTIC RIDING CENTERAUGUSTA, MICHARITABLE$50k
KALAMAZOO COMMUNITY FOUNDATIONKALAMAZOO, MICHARITABLE$50k
ARTS COUNCIL OF GREATER KALAMAZOOKALAMAZOO, MICHARITABLE$40k
GOODWILL INDUSTRIES OF SOUTHWESTERNKALAMAZOO, MICHARITABLE$40k
KALAMAZOO LOAVES & FISHESKALAMAZOO, MICHARITABLE$40k
KALAMAZOO SYMPHONY ORCHESTRAKALAMAZOO, MICHARITABLE$40k
PREVENTION WORKSKALAMAZOO, MICHARITABLE$37k
CHABAD HOUSE OF WESTERN MICHIGANGRAND RAPIDS, MICHARITABLE$36k
AACORN FARM INCKALAMAZOO, MICHARITABLE$33k
COMMUNITIES IN SCHOOLS OF KALAMAZOOKALAMAZOO, MICHARITABLE$30k
FAMILY AND CHILDREN SERVICESKALAMAZOO, MICHARITABLE$30k
HERITAGE COMMUNITY OF KALAMAZOOKALAMAZOO, MICHARITABLE$30k
KALAMAZOO REGIONAL EDUCATIONAL SERVKALAMAZOO, MICHARITABLE$30k
BOYS & GIRLS CLUBS OF KALAMAZOOKALAMAZOO, MICHARITABLE$25k
KALAMAZOO CIVIC THEATREKALAMAZOO, MICHARITABLE$25k
KALAMAZOO COUNTY READY 4SKALAMAZOO, MICHARITABLE$25k
MRC INDUSTRIESKALAMAZOO, MICHARITABLE$25k
PRETTY LAKE VACATION CAMPMATTAWAN, MICHARITABLE$25k
TEMPLE B'NAI ISRAELKALAMAZOO, MICHARITABLE$25k
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Financial trend

Revenue and expenses over time

MARVIN AND ROSALIE OKUN FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.6M
$1.6M
2023
$3M
$2M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

MARVIN AND ROSALIE OKUN 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 MARVIN AND ROSALIE OKUN FOUNDATION

What are MARVIN AND ROSALIE OKUN FOUNDATION's revenue and expenses?

In 2024, MARVIN AND ROSALIE OKUN FOUNDATION reported $3M in total revenue and $2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.