Community Foundation For Southeast Michigan

Organization Overview

Community Foundation For Southeast Michigan is located in Detroit, MI. The organization was established in 1984. 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 12/2023, Community Foundation For Southeast Michigan employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation For Southeast Michigan 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 12/2023, Community Foundation For Southeast Michigan generated $128.2m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $117.2m during the year ending 12/2023. While expenses have increased by 10.1% per year over the past 4 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 2020, Community Foundation For Southeast Michigan has awarded 5,010 individual grants totaling $321,046,736. 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 ENHANCE THE QUALITY OF LIFE IN SOUTHEAST MICHIGAN. WE PROMOTE AND FACILITATE PERMANENT POSITIVE CHANGE THROUGH THOUGHTFUL PHILANTHROPY, AND WE HELP DONORS INVEST IN ORGANIZATIONS THEY CARE ABOUT NATIONWIDE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

A COLLABORATION OF FOUNDATIONS LAUNCHED THE NEW ECONOMY INITIATIVE (NEI) AT THE COMMUNITY FOUNDATION IN 2007. NEI IS WORKING TO DIVERSIFY THE REGIONAL ECONOMY OF SOUTHEAST MICHIGAN AND STIMULATE ENTREPRENEURIAL DEVELOPMENT. IN 2023, NEI FUNDED GRANTS AND OTHER IMPORTANT WORK TOTALING APPROXIMATELY $6.9 MILLION. NEI PRIMARILY CONCENTRATES ON BUILDING A NETWORK OF SUPPORT FOR ENTREPRENEURS AND SMALL BUSINESS OWNERS. NEI'S GRANTS SUPPORT NONPROFIT SERVICE PROVIDERS WHO PROVIDE TECHNICAL ASSISTANCE, SUCH AS BUSINESS PLANNING AND CONCEPT-TESTING, AND THOSE WHO PROVIDE CAPITAL AND OTHER RESOURCES. IN ADDITION, NEI PROVIDES SUPPORT TO HELP THESE NETWORKS OF SERVICE PROVIDERS CONNECT BETTER TO EACH OTHER AND THE PEOPLE THEY SERVE. NEI'S WORK IS FOCUSED ON BUILDING A RESILIENT AND EQUITABLE ECONOMY BY INCREASING GROWTH AND SCALABILITY AMONG SMALL BUSINESSES IN UNDERSERVED COMMUNITIES THAT WILL CREATE JOBS AND GENERATE WEALTH FOR RESIDENTS.


THROUGH ITS GRANTMAKING, THE COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN SEEKS TO BUILD A STRONGER, MORE COMPETITIVE REGION BY ENCOURAGING REGIONAL THINKING AND COOPERATION, FOSTERING INNOVATION AND CREATIVE SOLUTIONS, AND LEVERAGING ADDITIONAL RESOURCES FOR AREA ORGANIZATIONS AND COMMUNITIES. SCHEDULE I LISTS ORGANIZATIONS SUPPORTED AND GRANTS AWARDED IN 2023.


THE MICHIGAN JUSTICE FUND (MJF) IS A FUNDERS' COLLABORATIVE THAT MAKES INVESTMENTS TO STEM THE FLOW OF INDIVIDUALS INTO THE CRIMINAL JUSTICE SYSTEM, SUPPORT THE INVESTMENT OF PUBLIC DOLLARS TO COMMUNITY-DRIVEN ALTERNATIVES TO INCARCERATION, AND ENSURE THAT THOSE WHO ARE RETURNING HOME AFTER INCARCERATION RECEIVE THE SUPPORT THEY NEED TO FLOURISH. THE MICHIGAN JUSTICE FUND IS COMPRISED OF MICHIGAN-BASED AND NATIONAL FUNDERS DEDICATED TO ADVANCING JUSTICE REFORM AND THE ECONOMIC MOBILITY OF INDIVIDUALS WITH CRIMINAL CONVICTIONS IN MICHIGAN. IN 2023, MJF FUNDED $2.6MM IN GRANTS TO NONPROFIT ORGANIZATIONS THAT SUPPORT JUSTICE REFORM.


THE MICHIGAN OPIOID PARTNERSHIP IS A PUBLIC-PRIVATE COLLABORATIVE INCLUDING THE STATE OF MICHIGAN AND KEY PHILANTHROPIC ORGANIZATIONS WHO SHARE THE GOAL OF DECREASING MICHIGAN OPIOID OVERDOSES AND DEATHS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Plative Inc
Consultant
$1,681,318
Trive Capital
Investment Manager
$1,286,098
Vance St Capital
Investment Manager
$701,025
Ecosystem Software Usa Llc
Consultant
$620,000
Harbourvest
Investment Manager
$455,645
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$115,415
Government grants $2,234,453
All other contributions, gifts, grants, and similar amounts not included above$98,862,176
Noncash contributions included in lines 1a–1f $8,447,062
Total Revenue from Contributions, Gifts, Grants & Similar$101,212,044
Total Program Service Revenue$1,071,086
Investment income $21,305,799
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,588,047
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $128,173,574

Grants Awarded

Over the last fiscal year, Community Foundation For Southeast Michigan has awarded $93,333,019 in support to 964 organizations.

Grant RecipientAmount

4WORD

PURPOSE: HUMAN SERVICES

$17,500

ADRIAN COLLEGE

PURPOSE: EDUCATION

$6,070

ADVANCING MACOMB FOUNDATION

PURPOSE: RECREATION & SPORTS

$15,247

AGUDATH ISRAEL OF AMERICA

PURPOSE: RELIGION-RELATED

$25,000

ALEXIAN BROTHERS HEALTH SYSTEM

PURPOSE: HEALTH CARE

$10,000

ALL WELL-BEING SERVICES

PURPOSE: HUMAN SERVICES

$9,148
View Grant Profile

Peer Organizations

Organization NameAssets
Columbus Foundation
Columbus, OH
$255,754,957
Greater Cincinnati Foundation
Cincinnati, OH
$263,557,773
Cleveland Foundation
Cleveland, OH
$179,374,020
Community Foundation For Southeast Michigan
Detroit, MI
$128,173,574
Thrivent Charitable Impact & Investing
Appleton, WI
$114,823,436
Greater Milwaukee Foundation Inc
Milwaukee, WI
$151,763,598
Central Indiana Community Foundation Inc
Indianapolis, IN
$59,378,776
Greater Green Bay Community Foundation Inc
Green Bay, WI
$19,336,393
Dayton Foundation
Dayton, OH
$82,530,515
Kalamazoo Community Foundation
Kalamazoo, MI
$40,712,525
Community Foundation For The Fox Valley Region Inc
Appleton, WI
$50,139,028
Stark Community Foundation Inc
Canton, OH
$40,791,835
Grand Rapids Community Foundation
Grand Rapids, MI
$8,730,097
Akron Community Foundation
Akron, OH
$39,277,326
Toledo Community Foundation
Toledo, OH
$26,939,369
Dayton Foundation Depository
Dayton, OH
$31,726,966
Community Foundation Of Elkhart County Inc
Elkhart, IN
$41,619,440
Battle Creek Community Foundation
Battle Creek, MI
$12,838,227
Madison Community Foundation
Madison, WI
$36,932,800
Muskegon County Community Foundation
Muskegon, MI
$28,555,582
Foundation For Appalachian Ohio
Nelsonville, OH
$29,031,055
Midland Area Community Foundation
Midland, MI
$16,911,059
Community Foundation Of Greater Fort Wayne Inc
Fort Wayne, IN
$22,701,309
Ann Arbor Area Community Foundation
Ann Arbor, MI
$23,281,932
Community Foundation Of St Joseph County Inc
South Bend, IN
$17,614,512

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