Community Foundation Of Greater Flint

Organization Overview

Community Foundation Of Greater Flint is located in Flint, MI. The organization was established in 1988. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Community Foundation Of Greater Flint employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Greater Flint 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 12/2020, Community Foundation Of Greater Flint generated $17.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $13.9m during the year ending 12/2020. While expenses have increased by 12.5% per year over the past 6 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 2015, Community Foundation Of Greater Flint has awarded 764 individual grants totaling $52,714,874. 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

IS GRANTMAKING TO CHARITABLE ORGANIZATIONS, DEVELOPMENT OF ENDOWMENT, AND COMMUNITY LEADERSHIP ACTIVITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION RECEIVES GIFTS FROM INDIVIDUALS, FOUNDATIONS, AND ORGANIZATIONS AND PLACES THEM INTO INDIVIDUAL FUNDS THAT MATCH THE GIVING PRIORITIES OF THE DONORS. THE MAJORITY OF THE GIFTS ARE ENDOWMENT GIFTS WHICH ARE PRESERVED INTO PERPETUITY, WITH A PORTION OF THE CUMULATIVE NET APPRECIATION RETURNED TO THE COMMUNITY THROUGH GRANTS TO AREA NOT-FOR-PROFIT ORGANIZATIONS. THE ORGANIZATION'S CURRENT PRIORITIES INCLUDE: STRENGTHENING DONOR SERVICES IN ORDER TO MORE EFFECTIVELY BUILD THE COMMUNITY'S ENDOWMENT; MAKING GRANTS CONSISTENT WITH DONOR INTENT, AND IN THE CASE OF UNRESTRICTED GRANTMAKING, SUPPORTING COMMUNITY REVITALIZATION EFFORTS AND BUILDING THE CAPACITY OF LOCAL NOT-FOR-PROFIT ORGANIZATIONS; AND EXERCISING COMMUNITY LEADERSHIP BY ASSISTING EFFORTS RELATED TO ECONOMIC DIVERSIFICATION, CIVIC ENGAGEMENT, AND DEVELOPING A STRONGER SENSE OF REGIONALISM. IN EVERYTHING THE ORGANIZATION ACCOMPLISHES AND SUPPORTS, IT SEEKS TO CREATE A MORE COHESIVE AND VITAL SENSE OF COMMUNITY THROUGHOUT GENESEE COUNTY. IN 2021, THE ORGANIZATION PROVIDED GRANTS TO 321 DIFFERENT ORGANIZATIONS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Colonial Consulting Llc
Investment Consult
$194,487
Stellar Technology Solutions Llc
Software Licensing
$101,885
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$10,463,956
Investment income $2,372,052
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,681,349
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $17,865,297

Grants Awarded

Over the last fiscal year, Community Foundation Of Greater Flint has awarded $6,267,209 in support to 156 organizations.

Grant RecipientAmount

FLINT CULTURAL CENTER CORPORATION

Org PageRecipient Profile

Flint, MI

PURPOSE: Program and/or Operational Support

$875,198

FLINT INSTITUTE OF MUSIC

Org PageRecipient Profile

Flint, MI

PURPOSE: Program and/or Operational Support

$535,458

FLINT AND GENESEE CHAMBER FOUNDATION

Org PageRecipient Profile

Flint, MI

PURPOSE: Program and/or Operational Support

$373,323

FLINT INSTITUTE OF ARTS

Org PageRecipient Profile

Flint, MI

PURPOSE: Program and/or Operational Support

$328,515

MICHIGAN ORGANIZING PROJECT

Org PageRecipient Profile

Detroit, MI

PURPOSE: Program and/or Operational Support

$215,000

UNITED WAY OF GENESEE COUNTY

Org PageRecipient Profile

Flint, MI

PURPOSE: Program and/or Operational Support

$192,198
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 47 grants that Community Foundation Of Greater Flint has recieved totaling $3,210,458.

Awarding OrganizationAmount
Ruth Mott Foundation

Flint, MI

PURPOSE: RMF DONOR ADVISED FUND

$650,000
Ford Foundation

New York, NY

PURPOSE: GENERAL SUPPORT

$334,000
Council Of Michigan Foundations Inc

Grand Rapids, MI

PURPOSE: (TRHT) INITIATIVE, STATE EQUITY FUND PILOT GRANT

$305,698
Charles Stewart Mott Foundation

Flint, MI

PURPOSE: TO INCREASE ACCESS TO AND THE QUALITY OF EARLY CHILDHOOD EDUCATION IN FLINT THROUGH INCREASED CAPACITY TO LEAD THOSE EFFORTS.

$250,000
Consumers Energy Foundation

Jackson, MI

PURPOSE: FLINT PROMISE - SCHOLARSHIPS FOR FLINT STUDENTS

$250,000
Charles Stewart Mott Foundation

Flint, MI

PURPOSE: FOR THE GENERAL PURPOSES OR OTHER CHARITABLE PURPOSES OF THE ORGANIZATION.

$184,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$204,498,615
Earnings$22,135,356
Admin Expense$1,544,800
Net Contributions$1,036,351
Other Expense$46,487
Grants$3,968,407
Ending Balance$222,110,628

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