Great Lakes Foundation

Organization Overview

Great Lakes Foundation is located in Port Huron, MI. The organization was established in 1994. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Great Lakes 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 09/2023, Great Lakes Foundation generated $26.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $34.0k during the year ending 09/2023. While expenses have increased by 14.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Great Lakes Foundation has awarded 14 individual grants totaling $117,056. 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

GRANTMAKING IN SUPPORT OF BOATING EDUCATION, PRESERVING WILDERNESS AREAS, AND DEVELOPING OR REPAIRING MARINE INFRASTRUCTURE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION MAKES GRANTS TO CHARITABLE ORGANIZATIONS TO PROMOTE MARINE SAFETY, TO SUPPORT ACCESS TO BOATING ACTIVITIES FOR THE DISADVANTAGED AND DISABLED AND TO ENCOURAGE THE PRESERVATION OF THE MARINE ENVIRONMENT AND INFRASTRUCTURE.


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Board, Officers & Key Employees

Name (title)Compensation
Daniel Cline
President
$0
Doug Jackson
Vice-President
$0
James Austin
Secretary
$0
Niels Jensen
Treasurer
$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$14,972
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$14,972
Total Program Service Revenue$0
Investment income $11,260
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $26,232

Grants Awarded

Over the last fiscal year, Great Lakes Foundation has awarded $14,251 in support to 2 organizations.

Grant RecipientAmount

MARITIME HERITAGE ALLIANCE

PURPOSE: PURCHASE A LIFE RAFT FOR THE SAILBOAT CHAMPION

$4,251

HANDS ON DECK

PURPOSE: BOATING CAMP SCHOLARSHIPS FOR CHILDREN FROM LOW INCOME FAMILIES.

$10,000
View Grant Profile

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