Holley Foundation

Organization Overview

Holley Foundation is located in Birmingham, MI. The organization was established in 1944. 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. Holley 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 12/2021, Holley Foundation generated $447.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $270.1k during the year ending 12/2021. While expenses have increased by 2.7% per year over the past 7 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.

Since 2015, Holley Foundation has awarded 71 individual grants totaling $1,226,987. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $30,150
Interest on Savings $28,210
Dividends & Interest $50,046
Net Rental Income$0
Net Gain on Sale of Assets $339,499
Capital Gain Net Income $339,499
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $42
Total Revenue $447,947

Grants Awarded

Over the last fiscal year, Holley Foundation has awarded $214,400 in support to 12 organizations.

Grant RecipientAmount

MACC DEVELOPMENT

PURPOSE: TO FUND STAFF SALARIES

$40,000

GLEANERS COMM FOOD BANK OF SE MICH

PURPOSE: SCHOOL FOOD MOBILE PANTRY & BACKPACK

$27,000

Southfield, MI

PURPOSE: SOUTHEASTERN HIGH SCHOOL LITERACY PR

$25,000

LAWRENCE TECHNOLOGICAL UNIVERSITY

Org PageRecipient Profile

Southfield, MI

PURPOSE: STEM EXPLORERS PROGRAM

$25,000

MACC DEVELOPMENT

PURPOSE: MACC LIT SUMMER READING CAMP

$25,000

Southfield, MI

PURPOSE: NICHOLS SCHOOL LITERACY PROGRAMMING

$25,000
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