Kiwanis Of Michigan Foundation
- Assets
- $1.4m
- Revenue
- $316.7k
- Investments
- $1.2m
- Employees
- 0
- Location
- Mason, MI
- Founding
- 01/1955
- Data as of
- 09/2023
- EIN
- 38-1723513
Organization Overview
Kiwanis Of Michigan Foundation is located in Mason, MI. The organization was established in 1955. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kiwanis Of Michigan 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, Kiwanis Of Michigan Foundation generated $316.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $193.3k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kiwanis Of Michigan Foundation has awarded 32 individual grants totaling $1,703,211. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FORNEY W. CLEMENT PROJECT AT MOTT CHILDRENS HOSPITAL IN ANN ARBOR, MI
BEN DEAN PROJECT AT THE MARY FREE BED HOSPITAL IN GRAND RAPIDS, MI
WALTER J. RAY PROJECT AT THE CHILDRENS HOSPITAL IN DETROIT, MI
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Witt President | 6 | $0 | |
Stan Nelson Vice-President | 6 | $0 | |
Peggy Mcnichol Treasurer | 6 | $0 | |
Hugh Mcnichol Secretary | 6 | $0 | |
Sejla Kulaglic Trustee | 2 | $0 | |
Mary Blashill Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $254,224 |
| Interest on Savings | $0 |
| Dividends & Interest | $62,506 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $316,730 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $756 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $207 |
| Printing and publications | $0 |
| Other expenses | $2,184 |
| Total operating and administrative expenses | $18,857 |
| Contributions, gifts, grants paid | $174,412 |
| Total expenses and disbursements | $193,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,658 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $734 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,664 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,183,129 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $30 |
| Total assets | $1,388,215 |
| Accounts payable and accrued expenses | $8,081 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,081 |
Grants Awarded
Over the last fiscal year, Kiwanis Of Michigan Foundation has awarded $174,412 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MARY FREE BED HOSPITAL PURPOSE: CHILD ANDFAMILY LIVESERVICES | $65,020 |
CS MOTT HOSPITAL PURPOSE: CHILD ANDFAMILY LIVESERVICES | $90,392 |
CHILDRENS HOSPITAL OF MI PURPOSE: CHILD ANDFAMILY LIVESERVICES | $19,000 |