Venture Global Engineering Foundation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sterling Heights, MI
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 81-0697435
Organization Overview
Venture Global Engineering Foundation is located in Sterling Heights, MI. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public 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. Venture Global Engineering 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 12/2021, Venture Global Engineering Foundation generated $3.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (50.1%) each year. All expenses for the organization totaled $11.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Venture Global Engineering Foundation has awarded 32 individual grants totaling $1,092,500. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
RAISE FUNDS FOR CHARITIES IN THE LOCAL COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Mcbee Treasurer | 1 | $0 | |
Jessica Muir Secretary | 1 | $0 | |
John F Murphy President | 5 | $0 | |
Christina Muir-Murphy Vice President | 5 | $0 | |
Mark Edgerton Director | 1 | $0 | |
Jim Deliz Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,450 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,450 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $11,229 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Venture Global Engineering Foundation has awarded $313,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Mount Clemens, MI PURPOSE: FUNDING FOR CANCER RESEARCH | $120,000 |
Grosse Pointe Farms, MI PURPOSE: FUNDING FOR STEM CAMP | $40,000 |
Sterling Heights, MI PURPOSE: FUNDING FOR MUSIC EDUCATION | $38,000 |
NEW DAY FOUNDATION FOR FAMILIES PURPOSE: FUNDING FOR CANCER RESEARCH | $35,000 |
ROMEO HIGH SCHOOL BAND PURPOSE: FUNDING FOR MUSIC EDUCATION | $25,000 |
LEONARD ELEMENTARY SCHOOL PURPOSE: FUNDING FOR AFTER SCHOOL PROGRAMS | $14,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Venture Global Engineering Foundation has recieved totaling $31,500.
| Awarding Organization | Amount |
|---|---|
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: GENERAL SUPPORT | $25,000 |
American Endowment Foundation Hudson, OH PURPOSE: PROGRAMS | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Comerica Charitable Tr Detroit, MI | $75,789,432 | $13,296,605 |
New Albany Community Foundation New Albany, OH | $19,894,351 | $7,914,986 |
Porter County Government Charitable Nonprofit Foundation Inc Valparaiso, IN | $195,277,590 | $7,720,193 |
The Wayne And Joan Webber Foundation Clinton Township, MI | $34,958,708 | $9,275,748 |
United Way Of Greater Stark County Inc Canton, OH | $15,976,372 | $6,358,831 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |
Licking County Foundation Newark, OH | $148,770,755 | $12,459,784 |
Hope Gospel Mission Inc Eau Claire, WI | $10,860,307 | $6,194,588 |
Detroit Childrens Fund Detroit, MI | $4,764,612 | $6,678,705 |
Foundations Of East Chicago Inc East Chicago, IN | $37,687,185 | $5,519,397 |
Sisters Of Charity Foundation Of South Carolina Cleveland, OH | $112,898,417 | $3,663,141 |
Kiwanis International Foundation Inc Indianapolis, IN | $18,583,899 | $3,595,306 |