Private foundation (trust)EIN 464168386Est. 2014-06

SOAVE FOUNDATION

DETROIT, MI 48207

Total Assets

$320K

FY 2024

Annual Giving

$642K

FY 2024

Grants Made

17

FY 2024

Avg Grant

$38K

FY 2024

Grant Range

$500–$300K

Typical

Deadlines

Applications

Focus Areas

PhilanthropyVoluntarism & Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$773K

Total Expenses

$647K

Qualifying Distributions

$647K

Distributable Amount

$22K

Min. Investment Return

$22K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

17 grants

Grant sizes from minimum $500 through median $5K to maximum $300K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2022 to 2024. Peak $1.7M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

46 grants

ASCENSION ST JOHN FOUNDATION
$2.1M
3 grants
DETROIT INSTITUTE OF ARTS
$250K
3 grants
THE MAYOR'S RESIDENCE SOCIETY
$50K
1 grant
ST JUDE CHILDREN'S RESEARCH HOSPITAL
$38K
1 grant
FASHION TRUST US
$30K
2 grants
THE WAR MEMORIAL
$26K
2 grants
GROSSE POINTE CHAPEL CO COREWELL HEALTH FDN SOUTHEAST MICHIGAN
$25K
1 grant
LOS ANGELES COUNTY MUSEUM OF ART
$25K
1 grant

Grant Size Distribution

46 grants

<$10K
29
grants
$10–50K
13
grants
$50–250K
1
grants
$250K–1M
2
grants
$1–5M
1
grants
$5M+

Geographic Focus

7 states

Michigan
$2.7M
97% of total
Texas
$30K
1% of total
California
$25K
1% of total
Florida
$21K
1% of total
Colorado
$10K
0% of total
New York
$5K
0% of total
Kansas
$3K
0% of total

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SOAVE FOUNDATION — Grants, Financials & Contact | Grantivo