Norman a & Susan a Pappas Family Foundation

Analysis

Norman a & Susan a Pappas Family Foundation is a registered charity in United States, based in Bloomfield Hills, MI. It received its IRS tax-exemption ruling in May 1985, 41 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Norman a & Susan a Pappas Family Foundation reported income of $415k and spending of $26k, leaving 94% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $192k to $415k (+116%), an average of +21% a year. The sharpest change came in the year to May 2023, when income rose by 73%. Over the whole period it spent 8.3% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Norman a & Susan a Pappas Family Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Montana de Luz ($415k), Nalc Disaster Relief Foundation ($416k) and American Institute of Architects College of Fellows Fund Inc ($415k).

At year end it held assets of $4.1m against liabilities of $0, net assets of $4.1m.