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Filing year 2024

THE HOLLEY FOUNDATION

Birmingham, Michigan·EIN 38-6055168·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$205k
Total assets
$3M
Total expenses
$273k
Reported officers
9

Reported officers (all unpaid)

No paid executives reported in 2024. THE HOLLEY FOUNDATION reported 9 unpaid officers and board members on its 990-PF.

President
Secretary
Treasurer
Member/prgm
1st Vp/memb
Trustee
Trustee
Trustee
Trustee

Grants paid

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

Total granted

$198k

Itemized grants

9

Median grant

$20k

RecipientLocationPurposeAmount
MACC DEVELOPMENTDETROIT, MITO FUND STAFF SALARIES$40k
READ TO A CHILDWELLESLEY, MAREAD ALOUD MENTORING - SE VILLAGE$36k
DOWNTOWN BOXING GYM YOUTH PROGRAMDETROIT, MIPREP FOR SUCCESS$30k
GLEANERS COMM FOOD BANK OF SE MICHDETROIT, MIFOOD DONATION$20k
AUTISM ALLIANCE OF MISOUTHFIELD, MIWATCH ME GROW - SE VILLAGE$20k
CENTRAL DETROIT CHRISTIAN COMMUNITYDETROIT, MIBIRDIES BOOKMOBILE$20k
INSIDEOUT LITERARY ARTSDETROIT, MIBOGGS WRITING, POEM FORUM, CARSTONS$17k
DETROIT CREATIVITY PROJECTVENICE, CATHE IMPROV PROJECT PROGRAMMING$14k
COMMUNITY FOUNDATION FOR SE MICHDETROIT, MIUNRESTRICTED GRANT$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE HOLLEY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$98k
$237k
2023
$205k
$273k
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

THE HOLLEY 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 THE HOLLEY FOUNDATION

What are THE HOLLEY FOUNDATION's revenue and expenses?

In 2024, THE HOLLEY FOUNDATION reported $205k in total revenue and $273k 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.