Henry Ford Ii Fund
- Assets
- $27.7m
- Revenue
- $505.7k
- Investments
- $27.4m
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 11/1954
- Data as of
- 12/2023
- EIN
- 38-6066332
Organization Overview
Henry Ford Ii Fund is located in Detroit, MI. The organization was established in 1954. 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. Henry Ford Ii Fund 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 12/2023, Henry Ford Ii Fund generated $505.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.5%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Henry Ford Ii Fund has awarded 203 individual grants totaling $27,076,386. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edsel B Ford II President/ Director | 0.25 | $0 | |
Thomas J Motschall Treasurer | 0.5 | $0 | |
David P Larsen Secretary | 0.25 | $0 | |
Cynthia N Ford Director | 0.25 | $0 | |
Henry Ford III Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $35,246 |
| Dividends & Interest | $175,080 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$32,393 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $327,724 |
| Total Revenue | $505,657 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,209 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20 |
| Total operating and administrative expenses | $68,451 |
| Contributions, gifts, grants paid | $1,225,100 |
| Total expenses and disbursements | $1,293,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $373,656 |
| 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 | $26,340,858 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $27,736,607 |
| 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, Henry Ford Ii Fund has awarded $1,225,100 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
BETH ISRAEL DEACONESS MEDICAL CENTER PURPOSE: PROGRAM SERVICES | $50,000 |
DETROIT INSTITUTE OF ARTS PURPOSE: CAPITAL CAMPAIGN ENDOWMENT | $100,000 |
DETROIT PUBLIC TELEVISION PURPOSE: PROGRAM SERVICES | $10,000 |
DETROIT PUBLIC TELEVISION PURPOSE: SMITH LEADERSHIP CIRCLE FOR JOURNALISM AT DETROIT PUBLIC TV | $40,000 |
FORGOTTEN HARVEST PURPOSE: PROGRAM SERVICES | $25,000 |
FORGOTTEN HARVEST PURPOSE: CAPITAL CAMPAIGN | $100,000 |