Herbert I & Elsa B Michael Foundation

Organization Overview

Herbert I & Elsa B Michael Foundation is located in Portland, OR. The organization was established in 1956. 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. Herbert I & Elsa B Michael 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 09/2022, Herbert I & Elsa B Michael Foundation generated $390.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $660.2k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Herbert I & Elsa B Michael Foundation has awarded 254 individual grants totaling $1,400,200. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1
Dividends & Interest $152,865
Net Rental Income$0
Net Gain on Sale of Assets $237,492
Capital Gain Net Income $237,492
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $212
Total Revenue $390,570

Grants Awarded

Over the last fiscal year, Herbert I & Elsa B Michael Foundation has awarded $551,200 in support to 85 organizations.

Grant RecipientAmount

CROSSROADS URBAN CENTER

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: EMERGENCY FOOD PANTRY, THRIFT STORE, AND FOOD CO OP

$27,000

VOLUNTEERS OF AMERICA-UT

PURPOSE: HOMELESS YOUTH RESOURCE CENTER

$20,000

UNIV OF UTAH - WOMENS RESOURCE CENT

PURPOSE: YOUTH EDUCATION & SUCCESS/ACADEMIC CONSULTANT

$17,500

INN BETWEEN

PURPOSE: HOSPICE FOR THE HOMELESS

$15,000

UNIV OF UTAH - UNV NEIGHBORHOOD PAR

PURPOSE: FACULTY PRACTICE-HEALTH CARE DELIVERY TO LOW-INCOME UTAHNS

$15,000

UNIV OF UTAH - SJ QUINNEY COLLEGE O

PURPOSE: SCHOLARSHIPS FOR COLLEGE OF LAW

$15,000
View Grant Profile

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