Nonprofits/Organizations/38-6054453
Active
501(c)(3)
T900
Form 990

Robert H Tannahill Foundation

EIN 38-6054453DETROIT, MI 482263134Founded 1961WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

PROVIDE GRANTS TO SUPPORT THE OPERATIONS OF EIGHT NAMED CHARITABLE INSTITUTIONS WHOSE PROGRAMS IMPACT THE LOCAL COMMUNITY.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$9.0M

+533.4%YoY

Total Expenses

$3.7M

0%YoY

Net Assets

$54.8M

+5.5%YoY

Employees

0

Volunteers

7

Grants Paid

$3.2M

Program Expense Ratio

86.7%

This nonprofit profile presents IRS Form 990 tax filing data for Robert H Tannahill Foundation (EIN: 38-6054453), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

Chat with Robert H Tannahill Foundation's data & any nonprofit

Coming Soon

Compare organizations, analyze trends, and ask questions about Robert H Tannahill Foundation's finances, compensation, and programs — or any other nonprofit — using our AI-powered research assistant.

Join Waitlist
RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue grew +533.4% to $9.0M
Program spending ratio of 86.7% — excellent
178.4 months of operating reserves — strong cushion
Expenses decreased 0% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy not in place
Financial statements independently audited
6-member board, 6 independent

Compensation

No Schedule J filed — standard compensation reporting only

Program Effectiveness

1 program reported
86.7% of spending goes to programs
No programs generate independent revenue
$3.2M in grants paid to other organizations
7 volunteers engaged

Financial Stability

Debt-to-asset ratio of 11.1% — low leverage
0.0 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets consistently growing over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
Family or business relationships among officers/directors

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Robert H Tannahill Foundation is a 501(c)(3) nonprofit headquartered in DETROIT, MI, founded in 1961. The organization has held tax-exempt status since 1995. In its 2024 filing, the organization reported $9.0M in total revenue, a 533.4% increase from the prior year, and $3.7M in total expenses. The organization engaged 7 volunteers. The organization runs 1 program, totaling $3.2M in program expenses. 3 of 6 recommended governance policies are in place.

Robert H Tannahill Foundation is classified under NTEE code T900. Its foundation type is 17.

Programs(Tax Year 2024)

1 record

Programs Overview

Robert H Tannahill Foundation operates 1 program, with total program expenses of $3.2M. Robert H Tannahill Foundation's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $3,200,000

EIGHT GRANTS WERE MADE TO TAX-EXEMPT CHARITABLE ORGANIZATIONS TO SUPPORT CHARITABLE ACTIVITIES IN SOUTHEASTERN MICHIGAN.

Financial Overview(Tax Years 2020–2024)

5 records

Financial Highlights

Over the past 5 years, Robert H Tannahill Foundation's revenue has grown from $1.1M to $9.0M, a 716.8% increase. Program expenses represent 87% of total spending.

Revenue increased 533.4% year-over-year, while net assets rose to $54.8M, up 5.5% from the prior year.

Robert H Tannahill Foundation derives 100% from investment income.

Robert H Tannahill Foundation allocates 87% to programs, 13% to management and general.

Revenue grew by 533.4% while expenses held steady by only 0.3%, suggesting improving operational efficiency.

Robert H Tannahill Foundation distributed $3.2M in grants to other organizations and individuals, representing 87% of total expenses.

Over 5 filings from 2020–2024, Robert H Tannahill Foundation grew revenue from $1.1M to $9.0M (+716.8%) while maintaining a program expense ratio of 87%.

Robert H Tannahill Foundation holds $61.7M in total assets against $6.8M in liabilities (debt-to-asset ratio of 11%). The organization has 178.4 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$9.0M$0$0$0$9.0M
2023$1.4M$0$0$0$1.4M
2022$4.6M$0$0$0$4.6M
2021$3.1M$0$0$0$3.1M
2020$1.1M$0$0$0$1.1M

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$3.7M$3.2M$490K$0$3.2M
2023$3.7M$3.2M$79K$0$3.2M
2022$3.5M$3.1M$344K$0$3.1M
2021$3.5M$3.1M$390K$0$3.1M
2020$3.3M$3.0M$255K$0$3.0M

Program Expense Ratio

86.7%

Admin Expense Ratio

13.3%

Fundraising Efficiency

Operating Reserve

178.4 mo

People & Compensation(Tax Year 2024)

7 records

Compensation Summary

Robert H Tannahill Foundation reported compensation for 7 officers and key employees.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
DAVID M HEMPSTEADTREASURER
OfficerDirector
0.50$0$0$0
JENNIFER HUDSON PARKEPRESIDENT
OfficerDirector
0.50$0$0$0
LINDSEY FORD BUHLSECRETARY
OfficerDirector
0.50$0$0$0
HARVEY B WALLACE IIASSISTANT SECRETARY
Officer
0.50$0$0$0
JOSEPH L HUDSON IVTRUSTEE
Director
0.50$0$0$0
JOSEPH R PARKETRUSTEE
Director
0.50$0$0$0
LYNN FORD ALANDTTRUSTEE
Director
0.50$0$0$0

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Robert H Tannahill Foundation has 3 of 6 recommended governance policies in place, including conflict of interest, document retention. Its board has 6 members, 6 of whom are independent.

Robert H Tannahill Foundation's financial statements are audited.

Robert H Tannahill Foundation has family or business relationships among officers, directors, or key employees.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members6
Independent members6

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2024)

8 records

Grantmaking Summary

Robert H Tannahill Foundation awarded $3.2M across 8 grants to organizations. Top recipients include DETROIT INSTITUTE OF ARTS (DETROIT, MI) — $1.6M for acquisition of works of art; DETROIT SYMPHONY ORCHESTRA INC (DETROIT, MI) — $400K for general operations; CHRIST CHURCH GROSSE POINTE (GROSSE POINTE FARMS, MI) — $320K for general operations.

Organization Grants

RecipientLocationAmountPurpose
DETROIT INSTITUTE OF ARTS381359510DETROIT, MI$1.6MACQUISITION OF WORKS OF ART
DETROIT SYMPHONY ORCHESTRA INC381385132DETROIT, MI$400KGENERAL OPERATIONS
CHRIST CHURCH GROSSE POINTE042104816GROSSE POINTE FARMS, MI$320KGENERAL OPERATIONS
EPISCOPAL DIOCESE OF MICHIGAN381358005DETROIT, MI$320KGENERAL OPERATIONS
WAYNE STATE UNIVERSITY386028429DETROIT, MI$240KGENERAL OPERATIONS OF THE MERRILL-PALMER SKILLMAN INSTITUTE
COLLEGE FOR CREATIVE STUDIES381550064DETROIT, MI$160KGENERAL OPERATIONS
GROSSE POINTE WAR MEMORIAL ASSOCIATION381393849GROSSE POINTE FARMS, MI$80KGENERAL OPERATIONS
DETROIT ARTISTS MARKET381539993DETROIT, MI$80KGENERAL OPERATIONS

Foreign Activities(Tax Year 2024)

International Overview

Activities span CENTRAL AMERICA AND THE CARIBBEAN.

Regions & Countries

Region / CountryActivityExpenditure
CENTRAL AMERICA AND THE CARIBBEAN

Supplemental Financial Data(Tax Year 2024)

Schedule D Highlights

The endowment stands at $54.8M.

Filing History(Tax Years 1995–2024)

5 records

Showing the 5 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$9.0M$3.7M$54.8M
2023
990
2023-01-01 – 2023-12-31$1.4M$3.7M$52.0M
2022
990
2022-01-01 – 2022-12-31$4.6M$3.5M$49.0M
2021
990
2021-01-01 – 2021-12-31$3.1M$3.5M$59.2M
2020
990
2020-01-01 – 2020-12-31$1.1M$3.3M$55.4M
1995–2019No filings acquired yet

Frequently Asked Questions

What does Robert H Tannahill Foundation do?

PROVIDE GRANTS TO SUPPORT THE OPERATIONS OF EIGHT NAMED CHARITABLE INSTITUTIONS WHOSE PROGRAMS IMPACT THE LOCAL COMMUNITY.

How much revenue does Robert H Tannahill Foundation have?

Robert H Tannahill Foundation reported $9,036,744 in total revenue for tax year 2024, up 533.4% from the prior year.

Who is the highest-paid executive at Robert H Tannahill Foundation?

DAVID M HEMPSTEAD, TREASURER, received $0 in total compensation as of tax year 2024.

Is Robert H Tannahill Foundation a 501(c)(3)?

Yes, Robert H Tannahill Foundation is classified as a 501(c)(3) tax-exempt organization.

Where is Robert H Tannahill Foundation located?

Robert H Tannahill Foundation is headquartered in DETROIT, MI 482263134.

Is Robert H Tannahill Foundation audited?

Yes, Robert H Tannahill Foundation's financial statements are audited.

Does Robert H Tannahill Foundation give grants?

Yes, Robert H Tannahill Foundation distributed $3,200,000 in grants to other organizations and individuals in tax year 2024. Top recipients include DETROIT INSTITUTE OF ARTS, DETROIT SYMPHONY ORCHESTRA INC, CHRIST CHURCH GROSSE POINTE.

Does Robert H Tannahill Foundation operate internationally?

Yes, Robert H Tannahill Foundation conducts activities outside the United States. Activities span CENTRAL AMERICA AND THE CARIBBEAN.

Data Source

Prepared by: DELOITTE TAX LLP, INDIANAPOLIS, IN

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
Coming Soon

Ask anything about
any nonprofit

Get instant, data-backed answers about nonprofit compensation, financials, and trends. Join the waitlist for early access. Free tier included at launch.

Trusted by nonprofit professionals

3.6M+

IRS Filings

1.7M+

Organizations

28M+

Comp Records