Robert & Jeanine Dagenais Foundation
- Assets
- $2.0m
- Revenue
- $79.5k
- Investments
- $1.9m
- Employees
- 0
- Location
- Escanaba, MI
- Founding
- 09/1994
- Data as of
- 12/2022
- EIN
- 38-3195426
Organization Overview
Robert & Jeanine Dagenais Foundation is located in Escanaba, MI. The organization was established in 1994. 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. Robert & Jeanine Dagenais 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, Robert & Jeanine Dagenais Foundation generated $79.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $116.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Robert & Jeanine Dagenais Foundation has awarded 297 individual grants totaling $699,264. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanine K Dagenais President/tr | 0.5 | $0 | |
Allison Dagenais Treasurer/tr | 0.5 | $0 | |
Paige Dagenais Secretary/tr | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,000 |
| Interest on Savings | $23 |
| Dividends & Interest | $52,189 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$9,902 |
| Capital Gain Net Income | $38,250 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,200 |
| Total Revenue | $79,510 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,104 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,197 |
| Total operating and administrative expenses | $18,714 |
| Contributions, gifts, grants paid | $97,700 |
| Total expenses and disbursements | $116,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $137,809 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $51,399 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,043,463 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Robert & Jeanine Dagenais Foundation has awarded $97,700 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
BELLIN COLLEGE PURPOSE: SCHOLARSHIP | $3,000 |
BEACON HOUSE PURPOSE: SUPPORT | $5,000 |
CARING HOUSE IRON MOUNTAIN PURPOSE: SUPPORT | $1,500 |
CENTRAL MICHIGAN UNIVERSITY PURPOSE: EMPLOYEE SCHOLARSHIP | $3,000 |
CLEAR LAKE EDUCATIONAL CENTER PURPOSE: SUPPORT | $1,000 |
COMMUNITY FOUNDATION OF MARQUETTE PURPOSE: SUPPORT KIDS COVE | $10,000 |