Agc Educational Endowment Fund

Organization Overview

Agc Educational Endowment Fund is located in Lansing, MI. The organization was established in 1986. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Agc Educational Endowment Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Agc Educational Endowment Fund generated $63.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $55.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SCHOLARSHIPS GIVEN TO QUALIFIED STUDENTS TO HELP WITH COLLEGE TUITION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS GIVEN TO QUALIFIED STUDENTS TO HELP WITH COLLEGE TUITION.


STUDENT CHAPTER FUNDING WAS PROVIDED TO FERRIS, NORTHERN, AND MTU FOR EDUCATION AND TRAINING RELATED TO ARCHITECTUAL, ENGINEERING, OR CONSTRUCTION TRADES.


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Board, Officers & Key Employees

Name (title)Compensation
Damian Hill
President
$0
Nino Chirco
Director
$0
Donielle Wunderlich
Director
$0
Jack Abate
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$30,425
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$22,250
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$52,675
Total Program Service Revenue$0
Investment income $15,059
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$4,439
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $63,295

Grants Awarded

Over the last fiscal year, Agc Educational Endowment Fund has awarded $9,500 in support to 3 organizations.

Grant RecipientAmount

ASSOCIATED CONSTRUCTION STUDENTS

PURPOSE: CHAPTER FUNDING

$6,000

NORTHERN MICHIGAN CONSTRUCTORS

PURPOSE: CHAPTER FUNDING

$2,000

HUSKY CONSTRUCTION

PURPOSE: CHAPTER FUNDING

$1,500
View Grant Profile

Endowment Analysis

Beg. Balance$1,191,792
Earnings$143,145
Net Contributions$48,237
Grants$52,000
Ending Balance$1,331,174

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