Mackinac Island Community Foundation

Organization Overview

Mackinac Island Community Foundation is located in Mackinac Island, MI. The organization was established in 1995. 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 12/2022, Mackinac Island Community Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mackinac Island 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 12/2022, Mackinac Island Community Foundation generated $447.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $898.4k during the year ending 12/2022. While expenses have increased by 8.8% per year over the past 8 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, Mackinac Island Community Foundation has awarded 83 individual grants totaling $3,320,513. 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

PROMOTES THE GENERAL WELL-BEING OF ISLAND RESIDENTS AND VISITORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO CHARITABLE ORGANIZATIONS LOCATED ON MACKINAC ISLAND AND ST. IGNACE, MICHIGAN.


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Board, Officers & Key Employees

Name (title)Compensation
James Murray
Chair
$0
Kathleen Rickley
Vice Chair
$0
Margaret M Doud
Secretary
$0
Richard Linn
Treasurer
$0
Bob Benser
Trustee
$0
Carol Rearick
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$761,510
Noncash contributions included in lines 1a–1f $27,072
Total Revenue from Contributions, Gifts, Grants & Similar$761,510
Total Program Service Revenue$4,485
Investment income $219,139
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$537,951
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $447,282

Grants Awarded

Over the last fiscal year, Mackinac Island Community Foundation has awarded $520,113 in support to 16 organizations.

Grant RecipientAmount

CITY OF MACKINAC ISLAND

PURPOSE: TO COMMEMORATE THE SERVICE OF PERSONNEL THAT SERVED DURING THE WAR OF 1812.

$44,003

MACKINAC HORSEMEN'S ASSOCATION

PURPOSE: PRIOVIDE ASSISTANCE WITH EXPENSES BEFORE SEASON BEGINS.

$5,400

MACKINAC ISLAND PUBLIC LIBRARY

PURPOSE: DESIGNATED DISBURSEMENT

$29,420

MACKINAC ARTS COUNCIL

PURPOSE: PROVIDE CONCERTS FOCUSING UPON VARIOUS CULTURES

$36,281

MACKINAC ISLAND MEDICAL CENTER

PURPOSE: PURCHASE A THIRD CARDIAC MONITOR

$107,567

TRINITY EPISCOPAL CHURCH

PURPOSE: PROVIDE ANNUAL SUPPORT TO TRINITY CHURCH

$8,052
View Grant Profile

Peer Organizations

Organization NameAssets
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
Community Foundation Of Bloomington And Monroe County Inc
Bloomington, IN
$14,808,470
Community Foundation Of Greater Flint
Flint, MI
$32,890,885
Grand Haven Area Community Foundation Inc
Grand Haven, MI
$17,344,326
Fremont Area Community Foundation
Fremont, MI
$14,863,634

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