Demery Family Foundation Inc
- Assets
- $575.7k
- Revenue
- $22.0k
- Investments
- $551.5k
- Employees
- 0
- Location
- Bloomfield Hills, MI
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-5565274
Organization Overview
Demery Family Foundation Inc is located in Bloomfield Hills, MI. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Demery Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Demery Family Foundation Inc has awarded 148 individual grants totaling $242,557. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason J Demery President, Director | 0 | $0 | |
Thomas T Demery Director | 0 | $0 | |
Cynthia D Crosson Director, Secretary | 0 | $0 | |
Patrick J Crosson Treasurer | 0 | $0 | |
Jeffrey D Moss Assitant Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $84 |
| Dividends & Interest | $20,680 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,012 |
| Capital Gain Net Income | $1,012 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $212 |
| Total Revenue | $21,988 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $911 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,750 |
| Total operating and administrative expenses | $11,128 |
| Contributions, gifts, grants paid | $42,717 |
| Total expenses and disbursements | $53,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $24,226 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $551,456 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $575,682 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Demery Family Foundation Inc has awarded $42,717 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST LIBERTY INSTITUTE PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
FRANKLIN CEMETERY PURPOSE: GENERAL OPERATING SUPPORT | $700 |
FIRM FOUNDATIONS MISSIONS PURPOSE: GENERAL OPERATING SUPPORT | $500 |
HEIFER INTERNATIONAL PURPOSE: GENERAL OPERATING SUPPORT | $360 |
NAVY SEALS PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
NATIONAL ASSOCATION OF MENTAL ILLNESS PURPOSE: GENERAL OPERATING SUPPORT | $1,100 |