Pontiac Community Foundation Inc
- Assets
- $1.0m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 18
- Location
- Pontiac, MI
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 82-5321502
Organization Overview
Pontiac Community Foundation Inc is located in Pontiac, MI. The organization was established in 2019. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Pontiac Community Foundation Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pontiac Community Foundation Inc 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, Pontiac Community Foundation Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 49.2% each year . All expenses for the organization totaled $1.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Pontiac Community Foundation Inc has awarded 35 individual grants totaling $487,064. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
LEVERAGING LEADERSHIP, PHILANTHROPY, AND COLLABORATION TO BUILD A BRIGHTER FUTURE FOR PONTIAC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, M1 MOBILITY LEVERAGED 114,976 TO PARTNER WITH 12 ORGANIZATIONS TO DELIVER K-12 PROGRAMMING, PROVIDING OVER 4,300 RIDES TO STUDENTS DURING THE 2023-2024 SCHOOL YEAR AND EXPANDING ITS FLEET WITH A FOURTH VAN IN SPRING 2024. THE CENTER FOR PONTIAC ENTREPRENEURSHIP (CFPE) LEVERAGED 348,284 TO MAKE SIGNIFICANT STRIDES BY DELIVERING OVER 500 HOURS OF TRAINING AND 700 HOURS OF 1:1 COUNSELING TO PONTIAC SMALL BUSINESS OWNERS OVER THE LAST 2 YEARS, FACILITATING ACCESS TO 100,000 IN CAPITAL. IN 2023 ALONE, CFPE PROVIDED 762 HOURS OF 1:1 COUNSELING, 364 HOURS OF TECHNICAL ASSISTANCE, AND 220 HOURS OF FINANCIAL LITERACY AND CREDIT COUNSELING, SUPPORTING 187 BUSINESS OWNERS, 100% OF WHOM WERE FROM BIPOC COMMUNITIES, WITH 34% BEING WOMEN-OWNED BUSINESSES. THE OAKLAND COUNTY REGIONAL HOUSING PARTNERSHIP LAUNCHED A WEBPAGE TO PROMOTE ATTAINABLE HOUSING, MERGED WITH THE OAKLAND COUNTY BLUEPRINT TO END HOMELESSNESS, AND PARTNERED WITH THE MICHIGAN ASSOCIATION OF PLANNERS FOR ZONING REFORM WORKSHOPS, WHILE ALSO DEVELOPING AN ONLINE HUB FOR HOMELESSNESS PREVENTION RESOURCES. PREVENTION PONTIAC CONDUCTED COMMUNITY ENGAGEMENT, SCHOOL OUTREACH PROGRAMS, AND VAPING EDUCATION PRESENTATIONS, PARTICIPATED IN CADCA EDUCATIONAL TRAINING, AND ESTABLISHED THE PREVENTION PONTIAC ADVISORY BOARD. PCF DISTRIBUTED 159,000 IN MINI-GRANTS ON BEHALF OF THE OAKLAND COUNTY HEALTH EQUITY COUNCIL TO 12 LOCAL NON-PROFITS, WITH GRANTS OF UP TO 25,000 EACH TO ENHANCE ACCESS TO HEALTHCARE, TRANSPORTATION, AND HEALTHY FOOD. NEARLY 500,000 WAS SECURED FOR THE MATTIE MCKINNEY HATCHETT PARK REDEVELOPMENT THROUGH AN EXPANDED PARTNERSHIP WITH THE CITY OF PONTIAC. COMMUNITY POLICING EFFORTS INCLUDED COLLABORATION WITH THE OAKLAND COUNTY SHERIFF'S OFFICE AND 21 COMMUNITY POLICING SOLUTIONS, HOSTING AN EVENT WITH 15 PONTIAC RESIDENTS TO DISCUSS LAW ENFORCEMENT RELATIONS. THE FRIENDS OF PONTIAC PARKS RECEIVED A 56,000 TWO-YEAR INVESTMENT FROM THE COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN, EMPLOYING 9 HIGH SCHOOL STUDENTS FOR THE MAINTENANCE OF PONTIAC'S 29 CITY PARKS. THE FISCAL SPONSORSHIP PROGRAM ALSO HIGHLIGHTED THE GRASSROOTS EFFORTS OF FRIENDS OF PONTIAC PARKS, LED BY KATHALEE JAMES, IN REVITALIZING AND MAINTAINING PONTIAC'S GREEN SPACES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dustin Mcclellan Director | Trustee | 40 | $117,250 |
Cheryl Boodram Director | Trustee | 2 | $0 |
Kathalee James Director | Trustee | 2 | $0 |
Frederick Livingston Vice Chair | OfficerTrustee | 2 | $0 |
Curt Powers Chair | OfficerTrustee | 2 | $0 |
Adam Smart Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $877,792 |
| All other contributions, gifts, grants, and similar amounts not included above | $518,981 |
| Noncash contributions included in lines 1a–1f | $46,097 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,396,773 |
| Total Program Service Revenue | $58,188 |
| Investment income | $58 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,333 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,463,352 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $292,571 |
| Grants and other assistance to domestic individuals. | $20,556 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,250 |
| Compensation of current officers, directors, key employees. | $35,175 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $382,808 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $45,428 |
| Payroll taxes | $36,311 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,433 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $120,646 |
| Advertising and promotion | $0 |
| Office expenses | $82,722 |
| Information technology | $8,941 |
| Royalties | $0 |
| Occupancy | $63,264 |
| Travel | $47,797 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,243 |
| Interest | $2,692 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $666 |
| Insurance | $6,318 |
| All other expenses | $1,965 |
| Total functional expenses | $1,418,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,667 |
| Savings and temporary cash investments | $288,392 |
| Pledges and grants receivable | $601,830 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $32,951 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $58,938 |
| Total assets | $1,031,778 |
| Accounts payable and accrued expenses | $113,082 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $88,100 |
| Other liabilities | $63,300 |
| Total liabilities | $264,482 |
| Net assets without donor restrictions | $139,061 |
| Net assets with donor restrictions | $628,235 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,031,778 |
Grants Awarded
Over the last fiscal year, Pontiac Community Foundation Inc has awarded $164,987 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ACCOUNTING AID SOCIETY PURPOSE: ENTREPRENEURSHIP | $8,274 |
ACCOUNTING AID SOCIETY PURPOSE: ENTREPRENEURSHIP | $9,848 |
ACCOUNTING AID SOCIETY PURPOSE: ENTREPRENEURSHIP | $9,686 |
ACCOUNTING AID SOCIETY PURPOSE: ENTREPRENEURSHIP | $9,754 |
ACCOUNTING AID SOCIETY PURPOSE: ENTREPRENEURSHIP | $5,750 |
ACCOUNTING AID SOCIETY PURPOSE: ENTREPRENEURSHIP | $7,469 |