Milton And Lois Shiffman Family Support Foundation is located in Bloomfield Hills, MI. The organization was established in 1988. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milton And Lois Shiffman Family Support 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 05/2022, Milton And Lois Shiffman Family Support Foundation generated $95.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $256.2k during the year ending 05/2022. While expenses have increased by 21.1% 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, Milton And Lois Shiffman Family Support Foundation has awarded 30 individual grants totaling $5,264,270. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
GRANTS AND AWARDS ARE GIVEN TO CHARITABLE ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Shiffman President | 0.5 | $0 | |
Lois Shiffman Vice President | 0.5 | $0 | |
Dorothy Benyas Treasurer | 0.5 | $0 | |
Joel S Golden Director | 0.5 | $0 | |
Gail Shiffman Hennes Director | 0.5 | $0 | |
Brian Hermelin Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $101,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | -$5,572 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $95,428 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,023 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $17,340 |
Total expenses | $256,181 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $335,882 |
Net assets or fund balances | -$335,882 |
Over the last fiscal year, Milton And Lois Shiffman Family Support Foundation has awarded $3,110,350 in support to 14 organizations.
Grant Recipient | Amount |
---|---|
Bloomfield Hills, MI PURPOSE: TO SUPPORT THE ANNUAL CAMPAIGN. | $1,000,000 |
Bloomfield Hills, MI PURPOSE: TO SUPPORT THE ANNUAL CAMPAIGN. | $1,000,000 |
Southfield, MI PURPOSE: TO SUPPORT THE RELIGION | $354,293 |
Southfield, MI PURPOSE: TO SUPPORT THE RELIGION | $354,293 |
New York, NY PURPOSE: TO SUPPORT SEMINARY STUDY PROGRAMS | $100,000 |
New York, NY PURPOSE: TO SUPPORT SEMINARY STUDY PROGRAMS | $100,000 |
Organization Name | Assets | Revenue |
---|---|---|
Samuel Frankel And Jean Frankel Support Foundation Bloomfield Hills, MI | $0 | $127,796 |
Mary G Stange Charitable Trust Ann Arbor, MI | $495,498 | $4,941,394 |
William F Vilas Estate Oregon, WI | $133,759,429 | $14,905,447 |
Stanley Frankel And Judith Frankel Support Foundation Bloomfield Hills, MI | $0 | $41,274 |
Ferris Foundation Big Rapids, MI | $118,188,680 | $12,993,679 |
William H Davis & Dorothy M Davis & William C Davis Foundation Columbus, OH | $50,622,304 | $3,999,336 |
Traditions At Mill Run Columbus, OH | $9,179,158 | $5,528,068 |
Gordon Christian Trust Grand Rapids, MI | $67,207,482 | $18,378,082 |
Lang Rachel Boyce Charitable Trust Xxx-Xx-Xxxx Youngstown, OH | $0 | $17,968 |
Stanita Foundation Greenwood, IN | $37,315,806 | $4,060,296 |
College Properties Of Lorain County Inc Oberlin, OH | $42,105,647 | $1,116,823 |
Ethel And James Flinn Foundation Detroit, MI | $60,556,693 | $4,592,274 |