Michigan Lutheran Seminary Foundation

Organization Overview

Michigan Lutheran Seminary Foundation is located in Saginaw, MI. The organization was established in 2003. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. As of 06/2023, Michigan Lutheran Seminary Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Lutheran Seminary Foundation 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 06/2023, Michigan Lutheran Seminary Foundation generated $596.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $466.1k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Michigan Lutheran Seminary Foundation has awarded 34 individual grants totaling $2,184,656. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT CHRISTIAN EDUCATION AT ALL LEVELS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT CHRISTIAN EDUCATION AT ALL LEVELS.


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Board, Officers & Key Employees

Name (title)Compensation
Mike Krueger
President
$0
Mark Eubank
Vice Preside
$0
Mike Wiltse
Secretary
$0
Lee Miller
Treasurer
$0
George Barrett
Board Member
$0
Julie Barrett
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$385,995
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$385,995
Total Program Service Revenue$0
Investment income $156,251
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $31,403
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $596,593

Grants Awarded

Over the last fiscal year, Michigan Lutheran Seminary Foundation has awarded $211,493 in support to 4 organizations.

Grant RecipientAmount

MICHIGAN LUTHERAN SEMINARY

PURPOSE: OPERATIONAL SUPPORT

$38,217

MICHIGAN LUTHERAN SEMINARY

PURPOSE: CAPITAL PROJECTS

$32,731

MICHIGAN LUTHERAN SEMINARY

PURPOSE: SHOLARSHIPS/TUITION

$130,717

MICHIGAN LUTHERAN SEMINARY

PURPOSE: OTHER SPECIAL GRANTS

$9,828
View Grant Profile

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$7,760,383
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$3,735,375
Catholic Community Foundation Ofmid Michigan
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$3,491,042
Lrg Impact
Spring Arbor, MI
$1,139,583
Brightmoor Christian Church Endowment Fund
Novi, MI
$1,721,222
West Michigan Christian Foundation
Ada, MI
$1,646,354
Cabc Usa Inc
New Berlin, WI
$2,345,936
Weaverland Financial Aid Of Wisconsin
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$985,862
Streams International Foundation
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$959,584
Jewish Senior Services Supporting Organization
Sylvania, OH
$381,091
Second Impressions Thrift Store Inc
Fond Du Lac, WI
$819,562
St Vitus Endowment Corporation
Cleveland, OH
$326,442
Old Colony Mennonite Support Inc
Nappanee, IN
$550,553
Mennonite Mutual Land Trustee Corporation
Bremen, IN
$379,212
Thai Village Inc
Deerfield, WI
$513,483
Carpenters Project Incorporated
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$459,634
Facilitators International Incorporated
Grand Rapids, MI
$438,253
Michigan Lutheran Seminary Foundation
Saginaw, MI
$596,593

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