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Nonprofit · EIN 85-6590383

DANIALLE AND PETER KARMANOS JR FAMILY FOUNDATION

Also known as PETER KARMANOS JR TTEE

Tax-exempt · BIRMINGHAM, MI 48009

Financials

$2M$193K2023$113K$818K2024$753K$1.4M2025
Revenue Expenses · by fiscal year end
Financials of DANIALLE AND PETER KARMANOS JR FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$753,324$1,430,100-$676,776$653,426$0$653,426
December 31, 2024990-PF$113,047$817,500-$704,453$1,329,076$0$1,329,076
December 31, 2023990-PF$2,005,903$193,295$1,812,608$2,037,946$0$2,037,946
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$738,496
Dividends
$8,999
Interest
$5,224
Net gain from sales of assets
$605

Expenses

Grants and similar amounts paid
$1,395,600
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$1,395,600
Excise tax on investment income
$8,711

Balance sheet and other

Total assets, start of year
$1,329,076
Total assets, end of year
$653,426
Total liabilities, end of year
$0
Net assets, end of year
$653,426
Fair market value of assets
$659,696
Qualifying distributions
$1,395,600
Net investment income
$628,906

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DANIALLE KARMANOS
233 PIERCE ST, BIRMINGHAM, MI 48009
TRUSTEE5$0
PETER KARMANOS JR
233 PIERCE ST, BIRMINGHAM, MI 48009
TRUSTEE1$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
DANIALLE KARMANOS
233 PIERCE ST, BIRMINGHAM, MI 48009
TRUSTEE5$0
PETER KARMANOS JR
233 PIERCE ST, BIRMINGHAM, MI 48009
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
DANIALLE KARMANOS
233 PIERCE ST, BIRMINGHAM, MI 48009
TRUSTEE5$0
PETER KARMANOS JR
233 PIERCE ST, BIRMINGHAM, MI 48009
TRUSTEE1$0

Address and contacts

Address (IRS master file)
233 PIERCE ST, BIRMINGHAM, MI 48009-6044
In care of
% DANIALLE KARMANOS TRUSTEE
Signed the 990-PF
DANIALLE KARMANOS, TRUSTEE
Phone
(248) 961-7232
Return prepared by
PLANTE & MORAN PLLC

What it must file and when

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
85-6590383
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
2021
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$653,426
Income (IRS master file)
$2,413,832

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$753,324$1,430,100$653,426IRS
990-PFDecember 2024$113,047$817,500$1,329,076XML
990-PFDecember 2023$2,005,903$193,295$2,037,946XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 85-6590383).

Questions about DANIALLE AND PETER KARMANOS JR FAMILY FOUNDATION

What is the EIN of DANIALLE AND PETER KARMANOS JR FAMILY FOUNDATION?
The employer identification number (EIN) of DANIALLE AND PETER KARMANOS JR FAMILY FOUNDATION is 85-6590383.
Is DANIALLE AND PETER KARMANOS JR FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to DANIALLE AND PETER KARMANOS JR FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does DANIALLE AND PETER KARMANOS JR FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of DANIALLE AND PETER KARMANOS JR FAMILY FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DANIALLE AND PETER KARMANOS JR FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of DANIALLE AND PETER KARMANOS JR FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does DANIALLE AND PETER KARMANOS JR FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $753,324, expenses of $1,430,100 and total assets of $653,426 at year end.

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