The Verna E Mckibben Memorial Foundation

Organization Overview

The Verna E Mckibben Memorial Foundation is located in Detroit, MI. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Verna E Mckibben Memorial 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 04/2022, Verna E Mckibben Memorial Foundation generated $99.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 36.9% each year . All expenses for the organization totaled $30.3k during the year ending 04/2022. While expenses have increased by 2.8% per year over the past 4 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.

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Board, Officers & Key Employees

Name (title)Compensation
Comerica Bank Trust N A
Co-Trustee
$3,026
Joel R Aberth
Co-Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $8,725
Net Rental Income$0
Net Gain on Sale of Assets $90,352
Capital Gain Net Income $90,352
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $99,077

Grants Awarded

Over the last fiscal year, The Verna E Mckibben Memorial Foundation has awarded $21,000 in support to 6 organizations.

Grant RecipientAmount

NORTON MUSIC BOOSTERS ASSOCIATION

Org PageRecipient Profile

Norton, OH

PURPOSE: SUPPORT FOR DAILY OPERATION

$6,000

WOLF CREEK PLAYERS INC

Org PageRecipient Profile

Norton, OH

PURPOSE: SUPPORT FOR DAILY OPERATION

$5,000

AKRON-CANTON REGIONAL FOODBANK

Org PageRecipient Profile

Akron, OH

PURPOSE: SUPPORT FOR DAILY OPERATION

$3,000

LOVE AN ANGEL FOUNDATION

Org PageRecipient Profile

New Franklin, OH

PURPOSE: SUPPORT FOR DAILY OPERATION

$3,000

INTERNATIONAL SOAP BOX DERBY INC

Org PageRecipient Profile

Akron, OH

PURPOSE: SUPPORT FOR DAILY OPERATION

$2,000

Uniontown, OH

PURPOSE: SUPPORT FOR DAILY OPERATION

$2,000
View Grant Profile

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