Michigan Masonic Charitable Foundation

Organization Overview

Michigan Masonic Charitable Foundation is located in Alma, MI. The organization was established in 1996. According to its NTEE Classification (O55) the organization is classified as: Youth Development - Religious Leadership, under the broad grouping of Youth Development and related organizations. As of 03/2022, Michigan Masonic Charitable Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Masonic Charitable 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 03/2022, Michigan Masonic Charitable Foundation generated $8.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $9.4m during the year ending 03/2022. While expenses have increased by 6.7% 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, Michigan Masonic Charitable Foundation has awarded 229 individual grants totaling $8,152,699. 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

TO INVEST IN PROGRAMS AND SERVICES TO MAKE LIFE BETTER FOR MICHIGAN MASONS, THEIR FAMILIES, AND THEIR COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE FINANCIAL SUPPORT TO MASONIC AFFILIATED RESIDENTS LIVING AT MICHIGAN MASONIC HOME. APPROXIMATELY 400 MASONIC AFFILIATED RESIDENTS BENEFIT FROM THE CHARITY OF THE FOUNDATION.


MAINTAIN MASONIC LIBRARY AND MUSEUM FOR PUBLIC USE, INFORMATIONAL REQUESTS, AND RESEARCH BY SCHOLARS.


LODGE CHARITY ACCOUNT PROGRAM IS THE GATEWAY FOR ALLOWING MORE LODGES THE OPPORTUNITY TO BUILD, ENRICH, STRENGTHEN, AND TRANSFORM THEIR RELIEF PROGRAMS AND COMMUNITY PHILANTHROPY THRU SCHOLARSHIPS, COMMUNITY CHARITIES, OR RELIEF AID TO A BROTHER.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Eagle Capital Managment Llc
Investment Management
$129,523
Clearbrook Investment
Investment Management
$110,601
Clearbrook Investment
Investment Management
$110,601
Eagle Capital Managment Llc
Investment Management
$129,523
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$85,620
Fundraising events$0
Related organizations$0
Government grants $93,767
All other contributions, gifts, grants, and similar amounts not included above$478,025
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$657,412
Total Program Service Revenue$3,049
Investment income $1,834,036
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,875,897
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,370,394

Grants Awarded

Over the last fiscal year, Michigan Masonic Charitable Foundation has awarded $602,500 in support to 6 organizations.

Grant RecipientAmount

Southfield, MI

PURPOSE: COMMUINITY GRANT

$500,000

Ann Arbor, MI

PURPOSE: GENERAL SUPPORT

$30,000

GRAND GUARDIAN COUNCIL OF MI

Org PageRecipient Profile

Alma, MI

PURPOSE: GENERAL SUPPORT

$30,000

INTER'L ORDER OF THE RAINBOW MI GRAND ASSEMBLY

Org PageRecipient Profile

Royal Oak, MI

PURPOSE: GENERAL SUPPORT

$22,500

MASONIC SERVICE ASSOCIATION

PURPOSE: HOSPITAL VISITATION

$10,000

MASONIC FDN FOR CHILDREN

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Michigan Masonic Charitable Foundation has recieved totaling $631,167.

Awarding OrganizationAmount
Communtiy Foundation Of The Holland Zeeland Area

Holland, MI

PURPOSE: GENERAL SUPPORT

$623,287
Andrew M Vander Molen Foundation

Cincinnati, OH

PURPOSE: PROJECT/PROGRAM SUPPORT

$3,625
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$2,255
Trumley Family Foundation

Okemos, MI

PURPOSE: CHARITY

$2,000
View Grant Recipient Profile

Endowment Analysis

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