MICHAELS CARES
Provides short-term financial assistance to Michaels Stores, Inc. team members in the United States who suffer hardship from natural disasters, fires, death, life‑threatening illness, eviction/foreclosure, or other qualifying emergencies.
About MICHAELS CARES
Michaels CARES is a 501(c)(3) employee assistance charity (tax‑exempt since 2007) that raises funds primarily from Michaels team‑member payroll donations, company fundraising events, and corporate contributions to provide immediate cash grants to Michaels team members facing unforeseen emergencies.
The program operates nationally for eligible Michaels team members (including part‑time, temporary, and seasonal employees after a short eligibility period) and is governed by a volunteer board of team‑member representatives that reviews and approves grant requests. Recent IRS filings show the charity received several hundred thousand dollars in contributions in 2024–2025 and continues to distribute emergency grants to qualifying employees.
Michaels CARES is administered in coordination with Michaels corporate programs and is described on Michaels’ corporate social responsibility pages and employee benefits materials; program documents (application and FAQs) specify eligibility rules, typical grant uses, and limits including a lifetime grant cap per team member.
Notable achievements
Established, IRS‑recognized 501(c)(3)
Michaels CARES has been tax‑exempt since 2007 and is registered as a public charity to provide tax‑deductible donation opportunities for U.S. donors and team members.
Sustained donor support and grantmaking
The charity raised and managed contributions in the hundreds of thousands in recent years (for example, contributions of approximately $680,838 in fiscal 2024 and $624,819 in fiscal 2025 on IRS filings) to fund emergency cash grants to team members.
Operational program documents and grant guidelines
Michaels CARES maintains formal application and FAQ materials for applicants and sponsors that define eligible situations, grant decision processes, and limits (including a documented lifetime cap per team member and program payout mechanisms such as cash cards).
At a glance
- Total assets
- $284K
- Annual revenue
- $625K
- Tax status
- 501(c)(3)Public charity
- EIN
- 45-0546717
- Location
- Irving, TX
- Website
- www.michaels.com
- On Mahalo since
- May 2026
Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.
Recognition
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