Canton Community Foundation Inc

Organization Overview

Canton Community Foundation Inc, operating under the name Local Impact Alliance, is located in Canton, MI. The organization was established in 1990. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2022, Local Impact Alliance employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local Impact Alliance 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, Local Impact Alliance generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $648.0k during the year ending 06/2022. While expenses have increased by 9.4% 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, Local Impact Alliance has awarded 89 individual grants totaling $1,168,962. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

HELPING PEOPLE ACHIEVE THEIR PHILANTHROPIC GOALS THAT REFLECT THE VALUES AND INTERESTS THAT ENHANCE THEIR COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CANTON COMMUNITY FOUNDATION IN DOING BUSINESS AS THE LOCAL IMPACT ALLIANCE (LIA) SERVES THE CANTON, PLYMOUTH, WESTLAND, AND SURROUNDING COMMUNITIES. LIA RECOGNIZES THE UNIQUE FUNCTIONS OF EACH INITIATIVE WITH EACH INITIATIVE'S INTERESTS MADE PROMINENT. THE COMMUNITY FOUNDATION OF PLYMOUTH AND THE WESTLAND COMMUNITY FOUNDATIONS FOCUS ON THE NEEDS IN THEIR RESPECTIVE COMMUNITIES. THE GIVING HOPE, WOMENS' GIVING CIRCLE SEEKS TO EDUCATE WOMEN ABOUT PHILANTHROPY WHILE FOCUSING ON THE NEEDS OF WOMEN AND FAMILIES IN THE REGION. EAGLES FOR CHILDREN FOCUSES ON CHILDREN'S CHARITIES IN THE REGION. LIA SERVES AS A CONVENER FOR COMMUNITY DISCUSSIONS; IDENTIFIES GRANT-MAKING OPPORTUNITIES; ASSISTS SMALL, REGIONAL NONPROFITS IN THEIR MISSION; AND HOSTS NONPROFIT AGENCY FUNDS TO ASSURE CONTINUED SOURCES OF INCOME TO THOSE AGENCIES.


THE CANTON COMMUNITY FOUNDATION AND THE COMMUNITY FOUNDATION OF PLYMOUTH PROVIDE SCHOLARSHIPS TO COLLEGE- OR TRADE SCHOOL-BOUND STUDENTS. A SCHOLARSHIP AT CCF AND CFP EMPOWERS THE DONOR TO HELP LOCAL STUDENTS ACHIEVE THEIR ACADEMIC AND CAREER DREAMS. OUR CUTTING-EDGE APPLICATION PROCESS MAKES THE PROCESS EASY FOR STUDENTS AND REVIEWERS TO USE. OUR SCHOLARSHIP DONORS CONSIST OF ORGANIZATIONS AND INDIVIDUALS WHO ARE ABLE TO DESIGN THEIR UNIQUE CRITERIA FOR THE SCHOLARSHIP. SINCE 1989, OVER 1.6 MILLION IN SCHOLARSHIPS HAVE BEEN PAID OUT TO OVER 1350 STUDENTS.


THE CANTON COMMUNITY FOUNDATION RECOGNIZES THE SACRAFICE OF OUR MILITARY VETERANS AND THE NEEDS AND CHALLENGES THAT ARE UNIQUE TO THIS GROUP. CCF HAS DEVELOPED PROGRAMMING THAT ASSISTS VETERANS AND THEIR FAMILIES IN ADDRESSING THE EVER-CHANGING NEEDS OUR VETERAN COMMUNITY - FROM HEALTHCARE AND DISABILITY BENEFITS TO LEGAL ASSISTANCE AND MORE. CCF ALSO MANAGES A FUND FOR THE MAINTENANCE OF THE PLYMOUTH COMMUNITY VETERANS' MEMORIAL PARK.


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Board, Officers & Key Employees

Name (title)Compensation
Beth Meade
President &
$61,081
Darice Schubatis
CFO
$25,463
Betty Bloch
Secretary
$0
Nancy Eggenberger
Treasurer Vi
$0
Richard Schubatis MD
Director
$0
Steven Sneideman
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$70,142
Related organizations$0
Government grants $21,518
All other contributions, gifts, grants, and similar amounts not included above$819,731
Noncash contributions included in lines 1a–1f $37,317
Total Revenue from Contributions, Gifts, Grants & Similar$911,391
Total Program Service Revenue$6,205
Investment income $71,105
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $332,624
Net Income from Fundraising Events -$9,577
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,312,348

Grants Awarded

Over the last fiscal year, Canton Community Foundation Inc has awarded $186,025 in support to 11 organizations.

Grant RecipientAmount

Plymouth, MI

PURPOSE: OPERATING

$46,820

UNIVERSITY OF MICHIGAN

PURPOSE: OPERATING EXPENES

$34,850

CANTON TOWNSHIP

PURPOSE: LEISURE SERVICES

$18,413

PLYMOUTH CANTON COMMUNITY SCHOOLS

PURPOSE: OPERATING EXPENSES

$18,045

Beverly Hills, MI

PURPOSE: OPERATING EXPENSES

$15,000

MICHIGAN STATE UNIVERSITY

Org PageRecipient Profile

East Lansing, MI

PURPOSE: SCHOLARSHIPS

$14,100
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Canton Community Foundation Inc has recieved totaling $100,121.

Awarding OrganizationAmount
Credit Unions Chartered In The State Of Michigan

Plymouth, MI

PURPOSE: GENERAL SUPPORT

$30,402
Community Foundation For Southeast Michigan

Detroit, MI

PURPOSE: THE JACK DEMMER FORD SCHOLARSHIP FUND

$30,000
Community Foundation For Southeast Michigan

Detroit, MI

PURPOSE: COACHING REPRESENTATION ON TREATMENT COURT PANELS AND PARTNER WITH ST. MARY MERCY HOSPITAL

$10,000
Ann Arbor Area Community Foundation

Ann Arbor, MI

PURPOSE: PUBLIC AFFAIRS/SOCIETY BENEFIT

$10,000
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$10,000
Independent Charitable Gift Fund

Hudson, OH

PURPOSE: GENERAL SUPPORT

$9,375
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,665,481
Earnings-$566,364
Admin Expense$53,365
Net Contributions$330,537
Other Expense$1,892
Grants$138,755
Ending Balance$3,235,642

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