Civic Intelligence

Comerica Charitable Trust

990 • Fiscal year 2019 • EIN 65-1259308

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 12, 2019

PO Box 75000-3420Detroit, MI 48275

(877) 405-1091

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Liabilities / Revenue

6th percentile

0.02x

Higher debt load relative to revenue than 6% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Net Margin

88th percentile

39%

Higher net margin than 88% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Top Officer Pay

5th percentile

$0

Higher top officer pay than 5% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Asset Growth

75th percentile

14%

Faster asset growth than 75% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Revenue Growth

5th percentile

-46%

Faster revenue growth than 5% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Assets

Up

$60,531,280

Up $7,265,588 (+14%) from 2018

Net Assets

Up

$60,270,962

Up $7,174,152 (+14%) from 2018

Liabilities

Up

$260,318

Up $91,436 (+54%) from 2018

Revenue

Down

$15,564,469

Down $13,147,196 (-46%) from 2018

Expenses

Up

$9,528,800

Up $89,273 (+0.9%) from 2018

Net Income

Down

$6,035,669

Down $13,236,469 (-69%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100M$50M$0Assets 2011: $10,374,426Liabilities 2011: $1,047,021Net Assets 2011: $9,327,4052011Assets 2012: $21,653,334Liabilities 2012: $9,273,717Net Assets 2012: $12,379,6172012Assets 2013: $40,367,434Liabilities 2013: $9,878,249Net Assets 2013: $30,489,1852013Assets 2014: $44,264,394Liabilities 2014: $10,912,267Net Assets 2014: $33,352,1272014Assets 2015: $45,078,352Liabilities 2015: $10,038,565Net Assets 2015: $35,039,7872015Assets 2016: $42,634,987Liabilities 2016: $8,941,664Net Assets 2016: $33,693,3232016Assets 2017: $34,163,397Liabilities 2017: $591,512Net Assets 2017: $33,571,8852017Assets 2018: $53,265,692Liabilities 2018: $168,882Net Assets 2018: $53,096,8102018Assets 2019: $60,531,280Liabilities 2019: $260,318Net Assets 2019: $60,270,9622019Assets 2020: $67,920,360Liabilities 2020: $135,761Net Assets 2020: $67,784,5992020Assets 2021: $86,019,957Liabilities 2021: $155,400Net Assets 2021: $85,864,5572021Assets 2022: $75,789,432Liabilities 2022: $102,389Net Assets 2022: $75,687,0432022Assets 2023: $78,304,131Liabilities 2023: $93,207Net Assets 2023: $78,210,9242023Assets 2024: $84,152,209Liabilities 2024: $115,977Net Assets 2024: $84,036,2322024Assets 2025: $87,133,935Liabilities 2025: $99,650Net Assets 2025: $87,034,2852025

Highlighted filing

2019

Assets$60,531,280
Liabilities$260,318
Net Assets$60,270,962

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MRevenue 2011: $4,999,130Expenses 2011: $1,634,877Net Income 2011: $3,364,2532011Expenses 2012: $2,853,1632012Revenue 2013: $23,571,429Expenses 2013: $5,685,614Net Income 2013: $17,885,8152013Revenue 2014: $17,327,863Expenses 2014: $16,324,972Net Income 2014: $1,002,8912014Revenue 2015: $13,170,328Expenses 2015: $11,419,765Net Income 2015: $1,750,5632015Revenue 2016: $5,823,430Expenses 2016: $7,723,208Net Income 2016: -$1,899,7782016Revenue 2017: $8,963,563Expenses 2017: $18,885,366Net Income 2017: -$9,921,8032017Revenue 2018: $28,711,665Expenses 2018: $9,439,527Net Income 2018: $19,272,1382018Revenue 2019: $15,564,469Expenses 2019: $9,528,800Net Income 2019: $6,035,6692019Revenue 2020: $17,195,992Expenses 2020: $9,015,480Net Income 2020: $8,180,5122020Revenue 2021: $21,151,403Expenses 2021: $16,731,488Net Income 2021: $4,419,9152021Revenue 2022: $13,296,605Expenses 2022: $8,605,126Net Income 2022: $4,691,4792022Revenue 2023: $12,994,069Expenses 2023: $16,638,216Net Income 2023: -$3,644,1472023Revenue 2024: $10,806,039Expenses 2024: $11,232,653Net Income 2024: -$426,6142024Revenue 2025: $22,635,118Expenses 2025: $22,216,357Net Income 2025: $418,7612025

Highlighted filing

2019

Revenue$15,564,469
Expenses$9,528,800
Net Income$6,035,669
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$44,558,364
Mission and Program Overview

Mission

The comerica charitable trust is organized exclusively for the purpose of receiving and administering funds to make distributions to organizations which qualify as exempt organizations under internal revenue code 501(c)(3). The organization enables donors to create a charitable account that can either be a donor advised account, donor designated account, or charitable gift annuity contract. Gifts or grants made to other charities, which qualify as tax-exempt organizations, are disbursed from each account by advisement from the donor, designation of specific charities selected by the donor, or at the organization's discretion for those contributions over which it has retained variance power.

To receive and administer funds for distributions to exempt organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$49,784,813$57,324,774▲ $7,539,961
Cash and Non-Interest-Bearing Accounts$3,302,718$2,928,833▼ $373,885
Prepaid Expenses and Deferred Charges-$60,000-
Accounts Receivable$10,000$0▼ $10,000
Total Assets$53,265,692$60,531,280▲ $7,265,588
Other Assets Total$168,161$217,673▲ $49,512
Liabilities
Other Liabilities$158,696$151,356▼ $7,340
Accounts Payable and Accrued Expenses$10,186$108,962▲ $98,776
Total Liabilities$168,882$260,318▲ $91,436
Net Assets / Fund Balance
Unrestricted Net Assets$49,845,882$57,684,971▲ $7,839,089
Temporarily Rstr Net Assets$3,250,928$2,585,991▼ $664,937
Total Net Assets Fund Balance$53,096,810$60,270,962▲ $7,174,152
Total Liabilities and Net Assets / Fund Balance$53,265,692$60,531,280▲ $7,265,588
Compensation and Service Providers

Board Members and Trustees

NameTitle
-Trustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Comerica Bank And Trust NaInvestment Management, Technology411 W LAFAYETTE MC 3420, Detroit, MI 48226$326,953
Revenue and Support

Revenue Composition

Contributions and Grants
$13,329,685
Program Service Revenue
$0
Investment Income
$2,232,357
Other Revenue
$2,427
All Other Contributions
$13,329,685
Change in Net Assets
$6,035,669

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded20$9,785,815Fair Market Value
Total Noncash Contributions20$9,785,815-

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,375,952
Revenue Not Reported on Financial Statements
$188,517
Revenue Not Reported on Form 990
$1,128,520
Total Revenue per Audited Statements
$16,504,472
Total Revenue per Form 990
$15,564,469
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,803,608
Other Expenses$725,192
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$8,803,608--$8,803,608
Fees for Service Investment Mgmnt Fees-$438,443-$438,443
Information Technology-$112,027-$112,027
Insurance-$100,000-$100,000
Fees for Services Accounting-$53,706-$53,706
Other Expenses-$11,443-$11,443
Fees for Services Legal-$9,573-$9,573
Total Functional Expenses$8,803,608$725,192$0$9,528,800

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$9,528,800
Expenses per Audited Statements$9,330,320
Total Expenses per Audited Statements$9,330,320
Expenses Not Reported on Financial Statements$198,480
Other Expense Adjustments$9,963
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
American Fund for CharitiesBoston, MA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$2,017,000
US Charitable Gift TrustIndianapolis, IN501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$1,417,912
Stanford UniversityStanford, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$625,000
Morgan Stanley Global Impact Funding TrustLittle Falls, NJ501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$501,000
Mobile Loaves & Fishes IncAustin, TX501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$150,000
Ymca of the RockiesEstes Park, CO501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$129,375
Richmond Hill IncRichmond, VA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$120,000
Greater Kansas City Community FoundationKansas City, MO501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$117,933
Alverno CollegeMilwaukee, WI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$107,500
American National Red CrossLos Angeles, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$100,000
Committee for Accuracy in Middle East Reporting in America (camera)Boston, MA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$100,000
Fred Hutchinson Cancer Research CenterSeattle, WA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$100,000
Trustees of the University of PennsylvaniaPhiladelphia, PA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$93,000
Marymount Manhattan CollegeNew York, NY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$75,000
Franklin University SwitzerlandNew York, NY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$70,000
Treehouse IncMinneapolis, MN501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$67,000
University of MichiganAnn Arbor, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$65,500
Friends of Hildene IncManchester, VT501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$60,000
Eastern Michigan University FoundationYpsilanti, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$50,000
Faith Protestant Reformed ChurchJenison, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$50,000
Israaid US Global Humanitarian Assistance IncPalo Alto, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$50,000
Magnificat High SchoolRocky River, OH501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$50,000
Rivkin Center for Ovarian CancerSeattle, WA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$50,000
Trustees of Hamilton CollegeClinton, NY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$50,000
Vista MariaDearborn Heights, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$50,000
Michigan Wildlife Habitat FoundationBath, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$45,500
Forsyth Dental Infirmary for ChildrenCambridge, MA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$45,000
Book-it Repertory TheaterSeattle, WA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$40,000
Emerald Necklace Conservancy IncBoston, MA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$40,000
Maple School DistrictMaple, WI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$40,000
Brenham First Baptist ChurchBrenham, TX501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$35,000
Campbell Hall EpiscopalStudio City, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$35,000
Church of the Heavenly RestNew York, NY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$35,000
Live in PeaceEas Palo Alto, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$35,000
Friends of the Israeli Defense ForcesNewton, MA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$31,800
10 Thousand WindowsKnoxville, TN501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$30,000
Agape International MissionsRoseville, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$30,000
Chaminade College PreparatorySt Louis, MO501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$30,000
Human Rights Watch IncNew York, NY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$30,000
Lovers Lane UmcDallas, TX501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$30,000
Sharefest Community Development IncSan Pedro, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$30,000
Trustees of Boston UniversityBoston, MA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$26,000
University of Notre Dame Du LacNotre Dame, IN501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$25,500
Wisconsin Preservation Fund IncMilwaukee, WI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$25,375
AmaraSeattle, WA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$25,000
Baddour Center IncSenatobia, MS501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$25,000
Caldwell Hospice and Palliative Care IncLenoir, NC501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$25,000
Church of the Holy Cross Episcopal ChurchValle Crucis, NC501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$25,000
Mount Pisgah United Methodist ChurchGreensboro, NC501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$25,000
Mountain Resource Center IncConifer, CO501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$25,000
Oregon Shakespeare Festival Association IncAshland, OR501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$25,000
Port Richmond High SchoolStaten Island, NY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$25,000
Social Justice Fund NorthwestSeattle, WA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$25,000
University of Wisconsin FoundationMadison, WI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$22,500
San Diego Youth SymphonySan Diego, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$21,500
All Saints Episcopal SchoolTyler, TX501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$21,000
American Friends of Yeshiva TiferetMonsey, NY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$20,969
American Friends of Yeshiva Dmir IncBrooklyn, NY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$20,000
Breakthrough Silicon ValleySan Jose, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$20,000
Breast Cancer Research FoundationNew York, NY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$20,000
Fisher House Foundation IncRockville, MD501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$20,000
Gonzaga UniversitySpokane, WA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$20,000
Hope Unlimited for Children IncPortola Valley, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$20,000
Jalen Rose Leadership AcademyDetroit, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$20,000
Just Keep Livin FoundationLos Angeles, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$20,000
Kapiolani Health FoundationHonolulu, HI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$20,000
Shriners Hospitals for ChildrenTampa, FL501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$20,000
Texas A&m FoundationCollege Station, TX501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$20,000
Walnut Way Conservation CorpMilwaukee, WI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$20,000
WellspringMenlo Park, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$20,000
The Painted TurtleSanta Monica, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$19,000
Christ Episcopal ChurchTyler, TX501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$17,400
Jackson Community FoundationJackson, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$17,000
Union for Reform JudaismNew York, NY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$15,500
American Friends of Shalva Israel IncNew York, NY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$15,000
Harvard Westlake SchoolStudio City, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$15,000
Jackson College FoundationJackson, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$15,000
THE CHILDREN'S TRUST INCBoston, MA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$15,000
THE FOUNDATION FOR EXCELLENCE IN EDUCATION DBO CHILDREN'S COMMUNITY SCHOOLVan Nuys, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$15,000
March of Dimes IncGlendale, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$12,500
New Roads SchoolSanta Monica, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$12,500
SAINT MARY'S COLLEGE NOTRE DAMENotre Dame, IN501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$12,500
Cityteam MinistriesSan Jose, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$12,000
International Fellowship of Evangelical Students USA IncPlatteville, WI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$12,000
Wyoming Community FoundationLaramie, WY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,200
A Contemporary Theatre IncSeattle, WA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
American Dance Festival IncDurham, NC501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Boys Hopegirls Hope of St Louis IncRichmond Heights, MO501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Covenant Christian High SchoolGrand Rapids, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Durham Art GuildDurham, NC501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
EquestDallas, TX501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Feeding AmericaChicago, IL501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Food Bank of Northwest Indiana IncMerrillville, IN501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Free Bikes 4 KidzEden Prairie, MN501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Give2asiaOakland, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Healthy Smiles Healthy ChildrenChicago, IL501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Heritage Christian School of Hudsonville MiHudsonville, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Motor City Lyric OperaBloomfield Hills, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
National Kidney Foundation of MichiganAnn Arbor, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
National Yiddish Book Center IncAmherst, MA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Next Generation Men IncAtlanta, GA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Peppermint RidgeCorona, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Saint Catherine Center for Special NeedsFairfield, CT501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Saint Martin De Porres High SchoolCleveland, OH501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Seattle Repertory TheatreSeattle, WA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Skowhegan School of Painting & Sculpture IncNew York, NY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Smile Train IncNew York, NY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Steps to Success IncBrookline Village, MA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Ten Thousand VillagesAkron, PA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
The Rape FoundationSanta Monica, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Uc Santa Barbara FoundationGoleta, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
United Way of Metropolitan Dallas IncDallas, TX501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
United in Autism IncPlano, TX501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
University of Washington FoundationSeattle, WA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Vassar CollegePoughkeepsie, NY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Ywca of Seattle-king County-snohomish CountySeattle, WA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$10,000
Global Development Group USA IncReliance, TN501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$8,000
WOMEN'S FUND OF THE BLUE RIDGEBoone, NC501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$7,775
Detroit Zoological SocietyRoyal Oak, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$7,516
Michigan Humane SocietyBingham Farms, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$7,516
The Salvation Army Eastern Michigan DivSouthfield, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$7,516
Custer Road United Methodist ChurchPlano, TX501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$7,500
Share IncBeverly Hills, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$7,500
Turning Point SchoolCulver City, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$7,500
Verbum Dei High SchoolLos Angeles, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$7,500
Minnesota Orchestral AssociationMinneapolis, MN501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$7,000
Our Saviours Community ServicesMinneapolis, MN501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$7,000
Sherrill House IncJamaica Plain, MA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$7,000
St Monica Catholic ParishDallas, TX501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$6,800
Divine Savior Holy Angels High SchoolMilwaukee, WI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$6,500
Georges River Land TrustRockland, ME501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$6,190
American Council on Science and HealthNew York, NY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$6,000
Carolina Theatre of Durham IncDurham, NC501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$6,000
Citadel Christian SchoolBrenham, TX501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$6,000
Detroit Pal Fundraising FoundationDetroit, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$6,000
Keck Medicine of UscLos Angeles, CA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$6,000
Tyler Junior College FoundationTyler, TX501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$6,000
Catholic Services AppealBloomfield Hills, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$5,500
Operation Smile IncHagerstown, MD501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$5,500
St Regis Catholic ParishBloomfield Hills, MI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$5,500
Holy Rosary Regional Catholic SchoolPlymouth Meeting, PA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$5,450
Duke UniversityDurham, NC501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$5,350
Archdiocese of MilwaukeeMilwaukee, WI501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$5,300
Sisters of Saint Basil the GreatFox Chase Manor, PA501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$5,300
Blue Ridge ConservancyBoone, NC501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$5,275
Planned Parenthood Federation of America IncNew York, NY501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$5,250
ST JUDE CHILDREN'S RESEARCH HOSPITALMemphis, TN501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$5,250
St Columban Catholic ChurchLoveland, OH501(c)(3)FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES$5,043
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Institutional TrusteeInvestment ManagementNo$249,926
-Institutional TrusteeTechnology ServicesNo$77,027
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Donor Designated Funds$151,356
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Tax return is reviewed and approved by the cct management advisory council prior to being filed.

Form 990, Part VI, Section B, Line 12C

Members of the management advisory council are asked to report such conflicts, if any, on an annual basis. If a conflict was disclosed and that conflict was pertinent to a voting matter, that council member would be asked to refrain from voting. If the conflict was not pertinent to the voting matter, the council member would be allowed to vote.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Comerica Charitable Trust
EIN
65-1259308
Phone
8774051091
Address
PO BOX 75000-3420, DETROIT, MI 48275

Signing Officer

Name
Rachel Gulledge
Title
Treasurer/CFO
Phone
8774051091
Signed
2019-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rachel Gulledge
Formed
2005
Legal Domicile
Mi
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Plante & Moran Pllc
Address
2601 CAMBRIDGE CT STE 500, AUBURN HILLS, MI 48326
Preparer
Lynne M Huismann
Phone
2483757100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Grants from donor designated funds 9,963.

Financial Statement Notes

PART X, LINE 2:

Asc guidance regarding accounting for uncertainty in income taxes clarifies the accounting for income taxes by prescribing the minimum recognition threshold income tax position is required to meet before being recognized in the financial statements and applies to all income tax positions. Each income tax position is assessed using a two step process. A determination is first made as to whether it is more likely than not that the income tax position will be sustained, based upon technical merits, upon examination by the taxing authorities. If the income tax position is expected to meet the more likely than not criteria, the benefit recorded in the financial statements equals the largest amount that is greater than 50% likely to be realized upon its ultimate settlement. At june 30, 2019 and 2018, there were no uncertain tax positions that required accrual.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Grants from donor designated funds 9,963.

Raw XML AppendixShowing 400 of 1,754 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleI/RecipientTable/CashGrantAmt7135000
IRS990ScheduleI/RecipientTable/CashGrantAmt7230000
IRS990ScheduleI/RecipientTable/CashGrantAmt7350000
IRS990ScheduleI/RecipientTable/CashGrantAmt7440000
IRS990ScheduleI/RecipientTable/CashGrantAmt7512500
IRS990ScheduleI/RecipientTable/CashGrantAmt7675000
IRS990ScheduleI/RecipientTable/CashGrantAmt777516
IRS990ScheduleI/RecipientTable/CashGrantAmt7845500
IRS990ScheduleI/RecipientTable/CashGrantAmt797000
IRS990ScheduleI/RecipientTable/CashGrantAmt80150000
IRS990ScheduleI/RecipientTable/CashGrantAmt81501000
IRS990ScheduleI/RecipientTable/CashGrantAmt8210000
IRS990ScheduleI/RecipientTable/CashGrantAmt8325000
IRS990ScheduleI/RecipientTable/CashGrantAmt8425000
IRS990ScheduleI/RecipientTable/CashGrantAmt8510000
IRS990ScheduleI/RecipientTable/CashGrantAmt8610000
IRS990ScheduleI/RecipientTable/CashGrantAmt8712500
IRS990ScheduleI/RecipientTable/CashGrantAmt8810000
IRS990ScheduleI/RecipientTable/CashGrantAmt895500
IRS990ScheduleI/RecipientTable/CashGrantAmt9025000
IRS990ScheduleI/RecipientTable/CashGrantAmt917000
IRS990ScheduleI/RecipientTable/CashGrantAmt9210000
IRS990ScheduleI/RecipientTable/CashGrantAmt935250
IRS990ScheduleI/RecipientTable/CashGrantAmt9425000
IRS990ScheduleI/RecipientTable/CashGrantAmt95120000
IRS990ScheduleI/RecipientTable/CashGrantAmt9650000
IRS990ScheduleI/RecipientTable/CashGrantAmt9710000
IRS990ScheduleI/RecipientTable/CashGrantAmt9810000
IRS990ScheduleI/RecipientTable/CashGrantAmt9912500
IRS990ScheduleI/RecipientTable/CashGrantAmt10021500
IRS990ScheduleI/RecipientTable/CashGrantAmt10110000
IRS990ScheduleI/RecipientTable/CashGrantAmt1027500
IRS990ScheduleI/RecipientTable/CashGrantAmt10330000
IRS990ScheduleI/RecipientTable/CashGrantAmt1047000
IRS990ScheduleI/RecipientTable/CashGrantAmt10520000
IRS990ScheduleI/RecipientTable/CashGrantAmt1065300
IRS990ScheduleI/RecipientTable/CashGrantAmt10710000
IRS990ScheduleI/RecipientTable/CashGrantAmt10810000
IRS990ScheduleI/RecipientTable/CashGrantAmt10925000
IRS990ScheduleI/RecipientTable/CashGrantAmt1105043
IRS990ScheduleI/RecipientTable/CashGrantAmt1115250
IRS990ScheduleI/RecipientTable/CashGrantAmt1126800
IRS990ScheduleI/RecipientTable/CashGrantAmt1135500
IRS990ScheduleI/RecipientTable/CashGrantAmt114625000
IRS990ScheduleI/RecipientTable/CashGrantAmt11510000
IRS990ScheduleI/RecipientTable/CashGrantAmt11610000
IRS990ScheduleI/RecipientTable/CashGrantAmt11720000
IRS990ScheduleI/RecipientTable/CashGrantAmt11815000
IRS990ScheduleI/RecipientTable/CashGrantAmt11915000
IRS990ScheduleI/RecipientTable/CashGrantAmt12019000
IRS990ScheduleI/RecipientTable/CashGrantAmt12110000
IRS990ScheduleI/RecipientTable/CashGrantAmt1227516
IRS990ScheduleI/RecipientTable/CashGrantAmt12367000
IRS990ScheduleI/RecipientTable/CashGrantAmt12426000
IRS990ScheduleI/RecipientTable/CashGrantAmt12550000
IRS990ScheduleI/RecipientTable/CashGrantAmt12693000
IRS990ScheduleI/RecipientTable/CashGrantAmt1277500
IRS990ScheduleI/RecipientTable/CashGrantAmt1286000
IRS990ScheduleI/RecipientTable/CashGrantAmt12910000
IRS990ScheduleI/RecipientTable/CashGrantAmt13015500
IRS990ScheduleI/RecipientTable/CashGrantAmt13110000
IRS990ScheduleI/RecipientTable/CashGrantAmt13210000
IRS990ScheduleI/RecipientTable/CashGrantAmt13365500
IRS990ScheduleI/RecipientTable/CashGrantAmt13425500
IRS990ScheduleI/RecipientTable/CashGrantAmt13510000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$87.1$0.10$87.0$22.6$22.2$0.42
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$84.2$0.12$84.0$10.8$11.2$0.43
2023Summary only. Only limited summary data is available for this year.$78.3$0.09$78.2$13.0$16.6$3.64
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.8$0.10$75.7$13.3$8.61$4.69
2021Summary only. Only limited summary data is available for this year.$86.0$0.16$85.9$21.2$16.7$4.42
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$67.9$0.14$67.8$17.2$9.02$8.18
2019Detailed filing. Detailed filing data is available for this year.$60.5$0.26$60.3$15.6$9.53$6.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$53.3$0.17$53.1$28.7$9.44$19.3
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.2$0.59$33.6$8.96$18.9$9.92
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.6$8.94$33.7$5.82$7.72$1.90
2015Detailed filing. Detailed filing data is available for this year.$45.1$10.0$35.0$13.2$11.4$1.75
2014Detailed filing. Detailed filing data is available for this year.$44.3$10.9$33.4$17.3$16.3$1.00
2013Summary only. Only limited summary data is available for this year.$40.4$9.88$30.5$23.6$5.69$17.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.7$9.27$12.4$2.85
2011Summary only. Only limited summary data is available for this year.$10.4$1.05$9.33$5.00$1.63$3.36