EIN 65-1259308

Comerica Bank

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Detroit
Year formed
2005
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Comerica Charitable Trust is organized exclusively for the purpose of receiving and administering funds to make distributions to organizations.
Also known as...
Comerica Charitable Trust
Total revenues
$12,994,069
2023
Total expenses
$16,638,216
2023
Total assets
$78,304,131
2023
Num. employees
0
2023

Program areas at Comerica Bank

Distributions to qualified charities

Grants made by Comerica Bank

GranteeGrant descriptionAmount
Global ImpactFor the Organization's General Charitable Purposes$4,012,350
American Gift FundFor the Organization's General Charitable Purposes$2,004,262
Chaldean Catholic Church of the United States of AmericaFor the Organization's General Charitable Purposes$1,935,000
...and 165 more grants made totalling $14,547,174

Who funds Comerica Bank

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Skylight Charitable TrustOverlook Fund$500,000
National Philanthropic TrustPublic, Societal Benefit$130,025
The MPRI Charitable FoundationGeneral Support$10,000

Personnel at Comerica Bank

NameTitleCompensation
Curtis C. FarmerChairman , President and Chief Executive Officer , Comerica Incorporated and Comerica Bank Download
James J. HerzogSenior Executive Vice President
Rachel GulledgeTreasurer and Chief Financial Officer$0
Megan D. BurkhartSenior Executive Vice President
John D. BuchananExecutive Vice President Legal and Regulatory Affairs / Executive Vice President , Chief Legal Officer and General Counsel and Corporate Secretary
...and 20 more key personnel

Financials for Comerica Bank

RevenuesFYE 06/2023
Total grants, contributions, etc.$10,560,193
Program services$0
Investment income and dividends$1,778,184
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$654,497
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,195
Total revenues$12,994,069

Form 990s for Comerica Bank

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-10990View PDF
2022-062022-11-10990View PDF
2021-062021-11-11990View PDF
2020-062021-04-02990View PDF
2019-062020-02-13990View PDF
...and 13 more Form 990s

Organizations like Comerica Bank

OrganizationLocationRevenue
NPT Charitable Asset Trust (NPTCAT)Jenkintown, PA$7,435,223
Pledgeling FoundationSan Francisco, CA$19,539,838
Urban Renewal Initiative FoundationRoyal Oak, MI$6,405,060
University of Louisville Real Estate FoundationLouisville, KY$38,491,724
Knights of Columbus Charitable FundNew Haven, CT$53,956,415
CharityvestAtlanta, GA$32,960,498
New World FoundationNew York, NY$12,484,284
United CharitableAshburn, VA$14,167,826
Give2AsiaOakland, CA$46,009,100
Kiwanis Children's FundIndianapolis, IN$3,820,739
Data update history
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from The MPRI Charitable Foundation
February 27, 2024
Updated personnel
Identified 11 new personnel
December 31, 2023
Received grants
Identified 3 new grant, including a grant for $530,357 from The Signatry
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsReal estate organizationsCharities
Issues
No issues found
Characteristics
Operates donor advised fundsProvides grantsNational levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 75000-3420
Detroit, MI 48275
County
Wayne County, MI
Website URL
comerica.com/about-us/corporate-responsibility/corporate-responsibility-information/charitable-giving.html 
Phone
(877) 405-1091
IRS details
EIN
65-1259308
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
5313: Real Estate Services
Parent/child status
Independent
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