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Nonprofit · EIN 20-6975298

THE@LAVERE LEONARD AND GLADYS LORAINE CHASE SCHOLARSHIP FUND

Also known as COMERICA BANK & TRUST NA TTEE

Tax-exempt · DETROIT, MI 48275

Financials

$37K$60K2022$32K$66K2023$46K$42K2024
Revenue Expenses · by fiscal year end
Financials of THE@LAVERE LEONARD AND GLADYS LORAINE CHASE SCHOLARSHIP FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2025990-PF$45,659$42,486$3,173$669,911$0$669,911
October 31, 2024990-PF$32,118$66,443-$34,325$676,272$0$676,272
October 31, 2023990-PF$36,864$60,230-$23,366$695,216$0$695,216
Financial details: 990-PF for the year ended October 31, 2025

Revenue

Dividends
$19,879
Net gain from sales of assets
$25,069
Other income
$711

Expenses

Grants and similar amounts paid
$25,000
Compensation of officers, directors and key employees
$17,369
Disbursements for charitable purposes
$26,737
Excise tax on investment income
$407

Balance sheet and other

Total assets, start of year
$676,272
Total assets, end of year
$669,911
Total liabilities, end of year
$0
Net assets, end of year
$669,911
Fair market value of assets
$1,041,163
Qualifying distributions
$26,737
Net investment income
$44,948

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended October 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
COMERICA BANK N A
PO BOX 75000 MC 9413, MI, MI 48275
TRUSTEE1$17,369
990-PF for the year ended October 31, 2024: 1 people
NameTitleHours / weekCompensation
COMERICA BANK N A
PO BOX 75000 MC 9413, MI, MI 48275
TRUSTEE1$16,398
990-PF for the year ended October 31, 2023: 1 people
NameTitleHours / weekCompensation
COMERICA BANK N A
PO BOX 75000 MC 9413, MI, MI 48275
TRUSTEE1$15,285

Address and contacts

Address (IRS master file)
PO BOX 75000, DETROIT, MI 48275-7874
In care of
% COMMERCIA BANK CHARITABLE TRUST
Signed the 990-PF
MATTHEW GRABOWSKI, VICE PRESIDENT
Phone
(313) 222-3086
Return prepared by
KPMG LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025October 31, 2026March 15, 2027Not due yet
2024October 31, 2025March 16, 2026990-PF on file
2023October 31, 2024March 17, 2025990-PF on file

IRS record

EIN
20-6975298
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2009
Accounting year ends
October
Files
Form 990-PF
Category (NTEE)
Education (B82)
Assets (IRS master file)
$669,911
Income (IRS master file)
$45,659

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFOctober 2025$45,659$42,486$669,911XML
990-PFOctober 2024$32,118$66,443$676,272XML
990-PFOctober 2023$36,864$60,230$695,216XML
990-PFOctober 2022–––IRS
990-PFOctober 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-6975298).

Questions about THE@LAVERE LEONARD AND GLADYS LORAINE CHASE SCHOLARSHIP FUND

What is the EIN of THE@LAVERE LEONARD AND GLADYS LORAINE CHASE SCHOLARSHIP FUND?
The employer identification number (EIN) of THE@LAVERE LEONARD AND GLADYS LORAINE CHASE SCHOLARSHIP FUND is 20-6975298.
Is THE@LAVERE LEONARD AND GLADYS LORAINE CHASE SCHOLARSHIP FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to THE@LAVERE LEONARD AND GLADYS LORAINE CHASE SCHOLARSHIP FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does THE@LAVERE LEONARD AND GLADYS LORAINE CHASE SCHOLARSHIP FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of THE@LAVERE LEONARD AND GLADYS LORAINE CHASE SCHOLARSHIP FUND due?
The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE@LAVERE LEONARD AND GLADYS LORAINE CHASE SCHOLARSHIP FUND last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended October 2025.
Who are the officers and directors of THE@LAVERE LEONARD AND GLADYS LORAINE CHASE SCHOLARSHIP FUND?
The 990-PF for the year ended October 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $17,369 (COMERICA BANK N A, TRUSTEE).
How much revenue does THE@LAVERE LEONARD AND GLADYS LORAINE CHASE SCHOLARSHIP FUND have?
On its 990-PF for the year ended October 31, 2025 it reported revenue of $45,659, expenses of $42,486 and total assets of $669,911 at year end.

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