Detroit Pistons Foundation
- Assets
- $1.2m
- Revenue
- $752.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 08/2017
- Data as of
- 06/2022
- EIN
- 38-2858649
Organization Overview
Detroit Pistons Foundation is located in Detroit, MI. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Detroit Pistons 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 06/2022, Detroit Pistons Foundation generated $752.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 26.6% 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 2018, Detroit Pistons Foundation has awarded 61 individual grants totaling $1,924,579. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOPING PROGRAMS THAT PROMOTE EDUCATION, MENTORING, ATHLETICS, HEALTH, FITNESS AND NUTRITION. PISTONS FOUNDATION MAKES ANNUAL SCHOLARSHIP GRANTS TO UNDERPRIVILEGED YOUTH TO PROMOTE THE PURSUIT OF A HIGHER EDUCATION.
Describe the Organization's Program Activity:
DETROIT PISTONS FOUNDATION AWARDS GRANTS TO NON-PROFIT ORGANIZATIONS IN WAYNE, OAKLAND, AND MACOMB COUNTIES, WITH A FOCUS ON THE CITY OF DETROIT.
THE DETROIT PISTONS FOUNDATION DONATES TICKETS TO CHARITIES SO THAT UNDERPRIVILEGED CHILDREN AND VETERANS CAN ATTEND A PISTONS GAME.
DETROIT PARKS/NEIGHBORS PROGRAM PROVIDES VARIOUS HEALTH, NUTRITION, SPORTS CLINICS AND PROGRAMMING AT INNER CITY PARKS FOR THE BENEFIT OF THE COMMUNITY AND DETROIT NEIGHBORHOODS.
THE DETROIT PISTONS FOUNDATION GRANTS SCHOLARSHIPS TO INDIVIDUALS ONCE A YEAR AT THEIR ANNUAL BLACK HISTORY EVENT. THE MAIN FOCUS OF THIS EVENT IS TO PROVIDE SCHOLARSHIPS TO STUDENTS WHO NORMALLY WOULDN'T HAVE AN OPPORTUNITY TO BE CONSIDERED FOR A SCHOLARSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eva Kalawski Vp/secretary | OfficerTrustee | 0.1 | $0 |
Gabrielle Mckee Executive Di | OfficerTrustee | 5 | $0 |
Nicolet Lewis Vice Preside | OfficerTrustee | 0.1 | $0 |
Mary Ann Sigler Chairman/tre | OfficerTrustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,855 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $710,145 |
| Noncash contributions included in lines 1a–1f | $62,350 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $725,000 |
| Total Program Service Revenue | $0 |
| Investment income | $511 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$5,440 |
| Net Income from Gaming Activities | $32,444 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $752,515 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $705,913 |
| Grants and other assistance to domestic individuals. | $92,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $276,881 |
| Advertising and promotion | $2,195 |
| Office expenses | $2,866 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,205 |
| Total functional expenses | $1,171,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,032,445 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $206,237 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,238,682 |
| Accounts payable and accrued expenses | $25,719 |
| Grants payable | $441,208 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $466,927 |
| Net assets without donor restrictions | $683,576 |
| Net assets with donor restrictions | $88,179 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,238,682 |
Grants Awarded
Over the last fiscal year, Detroit Pistons Foundation has awarded $611,760 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Detroit, MI PURPOSE: GENERAL OPERATIONS | $195,000 |
Southfield, MI PURPOSE: GENERAL OPERATIONS | $150,000 |
DETROIT PUBLIC SCHOOL DISTRICT PURPOSE: TICKETS FOR YOUTH | $54,170 |
JOHN D DINGELL DETROITVA HEALTHCARE SYSTEM PURPOSE: TICKETS FOR VETS | $45,250 |
Detroit, MI PURPOSE: TICKETS FOR YOUTH | $31,500 |
Detroit, MI PURPOSE: LIVE LEARN PLAY CENT | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Detroit Pistons Foundation has recieved totaling $1,311,654.
| Awarding Organization | Amount |
|---|---|
Feed The Children Inc Oklahoma City, OK PURPOSE: NECESSITIES FOR NEEDY CHILDREN & FAMILIES | $816,654 |
The Ralph C Wilson Jr Foundation Detroit, MI PURPOSE: TO SUPPORT A SECOND SUMMER OF COLLABORATIVE DETROIT PARK ACTIVATIONS. | $200,000 |
William Davidson Foundation Birmingham, MI PURPOSE: TO SUPPORT THE PISTONS NEIGHBORS PLACEMAKING PROGRAM DURING SUMMER 2021 | $200,000 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: COMMUNITY ENGAGEMENT TO PROMOTE ARTS, CULTURE, COMMUNITY, AND MUSIC WITH NEIGHBORHOODS THROUGHOUT DETROIT | $65,000 |
Julie And Kirk Cousins Foundation Holland, MI PURPOSE: GENERAL FUNDS | $15,000 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: GENERAL OPERATIONS | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Douglas & Maria Devos Foundation Grand Rapids, MI | $79,921,409 | $9,501,037 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |
Jewish Foundation Of Cincinnati Cincinnati, OH | $344,322,004 | $65,111,190 |
Charles F Kettering Foundation Dayton, OH | $413,895,327 | $17,762,033 |
Jay And Jeanie Schottenstein Foundation Columbus, OH | $12,858,446 | $29,259,001 |
The Lozick Family Foundation Pepper Pike, OH | $264,438,182 | $44,457,050 |
Dow Company Foundation Bay City, MI | $175,531,548 | $110,489,699 |
Timken Foundation Of Canton Canton, OH | $32,951,548 | $35,361,538 |
Irving S Gilmore Foundation Kalamazoo, MI | $388,410,325 | $41,180,610 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Siemer Family Foundation Columbus, OH | $55,510,313 | $15,843,554 |
Orphan Foundation Of America Orph Cleveland, OH | $10,515,752 | $16,785,416 |