Eleanor & Edsel Ford Fund
- Assets
- $16.6m
- Revenue
- $2.9m
- Investments
- $16.5m
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 01/1946
- Data as of
- 12/2021
- EIN
- 38-6066331
Organization Overview
Eleanor & Edsel Ford Fund is located in Detroit, MI. The organization was established in 1946. 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. Eleanor & Edsel Ford Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Eleanor & Edsel Ford Fund has awarded 54 individual grants totaling $9,730,292. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha F Ford President / Director | 0.25 | $0 | |
David P Larsen Secretary / Director | 0.25 | $0 | |
Christine Jaggi Treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18,836 |
| Dividends & Interest | $34,891 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,678,876 |
| Capital Gain Net Income | $2,677,423 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $158,253 |
| Total Revenue | $2,890,856 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $41,519 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $47,541 |
| Total operating and administrative expenses | $131,688 |
| Contributions, gifts, grants paid | $850,000 |
| Total expenses and disbursements | $981,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $116,758 |
| 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 | $16,461,162 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,650 |
| Total assets | $16,583,570 |
| 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, Eleanor & Edsel Ford Fund has awarded $850,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CHRIST CHURCH GROSSE POINTE PURPOSE: PROGRAM SERVICES | $25,000 |
DETROIT SYMPHONY ORCHESTR PURPOSE: ANNUAL FUND | $25,000 |
COLLEGE FOR CREATIVE STUDIES PURPOSE: ANNUAL FUND | $200,000 |
HENRY FORD HEALTH SYSTEM PURPOSE: PROGRAM SERVICES | $200,000 |
THE DETROIT INSTITUTE OF ARTS PURPOSE: GENERAL OPERATING ENDOWMENT | $200,000 |
UNIVERSITY LIGGETT SCHOOL PURPOSE: PROGRAM SERVICES | $200,000 |