Saginaw Community Foundation

Organization Overview

Saginaw Community Foundation is located in Saginaw, MI. The organization was established in 1983. 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, Saginaw Community Foundation employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saginaw Community 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 12/2021, Saginaw Community Foundation generated $13.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $7.2m during the year ending 12/2021. While expenses have increased by 8.7% per year over the past 7 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, Saginaw Community Foundation has awarded 555 individual grants totaling $12,445,639. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO FULFILL DONOR WISHES AND ENABLE COMMUNITY INITIATIVES TO COME TO LIFE, NOW AND FOREVER

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION IS A GRANTMAKER, PHILANTHROPIC VEHICLE, COMMUNITY LEADER, AND VOLUNTEER ORGANIZATION. AS A GRANTMAKING ORGANIZATION, SCF IS ABLE TO ASSIST CHARITABLE AGENCIES AND ACTIVITIES THAT PROVIDE SPECIFIC AND NECESSARY SERVICES IN OUR COMMUNITY. AS A PHILANTHROPIC VEHICLE, THE FOUNDATION WORKS WITH ANY AND ALL INDIVIDUALS WHO WANT A MEANS OF GIVING BACK TO THE COMMUNITY IN A BROAD OR SPECIFIC WAY. AS A LEADER IN THE COMMUNITY, THE FOUNDATION WORKS WITH ORGANIZATIONS, SUCH AS THE UNITED WAY OF SAGINAW COUNTY, TO CONDUCT COMMUNITY SURVEYS. AS A VOLUNTEER ORGANIZATION, SCF GATHERS DIVERSE GROUPS OF PEOPLE TO ASSIST WITH VARIOUS FOUNDATION EFFORTS.


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Board, Officers & Key Employees

Name (title)Compensation
Renee Johnston
President &
$128,708
Todd Gregory
Secretary
$0
Trish Luplow
Treasurer
$0
Felicia Rose-Barry
Assistant Tr
$0
John Shelton
Vice Chair
$0
Laura B Yockey
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $417,736
All other contributions, gifts, grants, and similar amounts not included above$8,019,305
Noncash contributions included in lines 1a–1f $16,768
Total Revenue from Contributions, Gifts, Grants & Similar$8,437,041
Total Program Service Revenue$0
Investment income $3,240,504
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,634,056
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $13,682,222

Grants Awarded

Over the last fiscal year, Saginaw Community Foundation has awarded $1,769,265 in support to 60 organizations.

Grant RecipientAmount

SAGINAW VALLEY STATE UNIVERSITYFOUNDATION

Org PageRecipient Profile

University Center, MI

PURPOSE: DISTRIBUTION/PROGRAM

$487,142

Saginaw, MI

PURPOSE: SUPPORT

$89,561

THOMAS TOWNSHIP

PURPOSE: DISTRIBUTION

$74,454

CITY RESCUE MISSION OF SAGINAW INC

Org PageRecipient Profile

Saginaw, MI

PURPOSE: DISTRIBUTION/SUPPORT

$58,128

SAGINAW COUNTY YOUTH PROTECTION COU

Org PageRecipient Profile

Saginaw, MI

PURPOSE: PROGRAMS

$57,905

COVENANT HEALTHCARE FOUNDATION

Org PageRecipient Profile

Saginaw, MI

PURPOSE: 2014 AGENCY DISTRIB

$52,793
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Saginaw Community Foundation has recieved totaling $33,000.

Awarding OrganizationAmount
Frank N Andersen Foundation

Bridgeport, MI

PURPOSE: SCHOLARSHIPS

$25,000
Leo A Kahan And Emelie O Kahan Charitable Foundation

Saginaw, MI

PURPOSE: VERDONI PRODUCTIONS

$8,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$87,260,397
Earnings$12,225,150
Admin Expense-$943,777
Net Contributions$5,917,618
Other Expense-$59,982
Grants-$3,397,231
Ending Balance$101,002,175

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