Michigan · Public charity
Detroit Development Fund
Detroit Development Fund (DDF) promotes the economic development of low to moderate income residents in the city of Detroit. DDF focuses on lending programs to provide financial assistance for minority small business owners, affordable housing developers and contractors, as well as job creation and retention for low to moderate-income…
- $306k
- Granted FY2024(still arriving)
- 1
- Itemized grants FY2024
- 6
- Organizations funded FY2023
- 67%
- First-time grantees FY2023
- Itemized, FY2024
- $250k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $250,000
- Largest grant, FY2024
- $250,000
- Organizations funded a year
- 2 to 19
- FY2017 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $20M
How open it is to new grantees
In FY2023, 67% of the organizations Detroit Development Fund funded were first-time grantees, receiving 13% of its grant dollars.
New vs renewed · share of each year
In FY2023, 87% of grant dollars renewed an existing relationship; $36k went to new ones.
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 1 | $250k | 0% |
| FY2023 | 6 | $273k | 67% |
| FY2022 | 2 | $127k | 50% |
| FY2021 | 6 | $111k | 67% |
| FY2020 | 19 | $352k | 89% |
| FY2019 | 4 | $549k | 25% |
| FY2018 | 5 | $760k | 40% |
| FY2017 | 5 | $1.1M | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Grand Innovation Inc | $1,385,000 | 3 | 97% |
| Detroit Communtiy Loan Fund | $1,144,999 | 8 | n/a |
| Corporate 52 Marketing Group LLC | $300,750 | 4 | n/a |
| Lifeline Business Consulting LLC | $290,000 | 1 | n/a |
| The Michigan Women's Foundation | $75,000 | 1 | 4% |
| Small Giant Community LLC | $43,364 | 2 | n/a |
| Hot Sam's Quality Clothing | $21,500 | 1 | n/a |
| Swaggle LLC | $13,499 | 2 | n/a |
| Watson Media Group LLC | $10,635 | 1 | n/a |
| The Upper Row LLC | $10,000 | 1 | n/a |
Show all 27 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Grand Innovation Inc | $1,385,000 | 3 | 97% |
| Detroit Communtiy Loan Fund | $1,144,999 | 8 | n/a |
| Corporate 52 Marketing Group LLC | $300,750 | 4 | n/a |
| Lifeline Business Consulting LLC | $290,000 | 1 | n/a |
| The Michigan Women's Foundation | $75,000 | 1 | 4% |
| Small Giant Community LLC | $43,364 | 2 | n/a |
| Hot Sam's Quality Clothing | $21,500 | 1 | n/a |
| Swaggle LLC | $13,499 | 2 | n/a |
| Watson Media Group LLC | $10,635 | 1 | n/a |
| The Upper Row LLC | $10,000 | 1 | n/a |
| Laughter in the Sun LLC | $10,000 | 1 | n/a |
| Lush Yummies Pie Company LLC | $10,000 | 1 | n/a |
| Klassic Mobile Gardens LLC | $10,000 | 1 | n/a |
| The Right Productions | $10,000 | 1 | n/a |
| Fit4life Health and Fitness LLC | $10,000 | 1 | n/a |
| Polished Lounge LLC | $9,976 | 1 | n/a |
| Prospects Unlimited LLC | $9,971 | 1 | n/a |
| Teaser's Boutique LLC | $8,215 | 1 | n/a |
| Detroit Smart Pages Newspaper | $8,000 | 1 | n/a |
| FA Automotive LLC | $7,400 | 1 | n/a |
| Demitart Detroit LLC | $7,261 | 1 | n/a |
| Kapstone Employment Services LLC | $7,200 | 1 | n/a |
| Greater Detroit Culinary Services | $7,000 | 1 | n/a |
| The Kitchen by Cooking with Que | $6,700 | 1 | n/a |
| Frederick Paul II Dba the Heat Factory LLC | $6,000 | 1 | n/a |
| A&A Delii Inc | $5,512 | 1 | n/a |
| Eric D Huffman Insurance | $5,282 | 1 | n/a |
Plus 7 recipients with no EIN on record ($68k), not named here.
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a set of overlaps that mostly run through this funder rather than between each other.
Open a dossier: Detroit Economic Growth Association
How this is measured
Warm introductions · Powered by PlinthPlus
How do I get to Detroit Development Fund?
Find your warmest path to Detroit Development Fund through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.
Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.
About Detroit Development Fund
- How much does Detroit Development Fund give?
- Detroit Development Fund reported 1 itemized grants totaling $250,000, out of $305,800 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 2 and 19 organizations a year over FY2017 to FY2023.
- What does Detroit Development Fund fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Community Improvement (93%), Employment (2%), Food & Nutrition (2%).
- Who are Detroit Development Fund's largest grantees?
- By total granted over FY2017 to FY2024: Grand Innovation Inc ($1.4M), Detroit Communtiy Loan Fund ($1.1M), Corporate 52 Marketing Group LLC ($301k).
- Does Detroit Development Fund fund new organizations?
- In FY2023, 67% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Detroit Development Fund?
- Its strongest co-funders, measured against what their size predicts, include Detroit Economic Growth Association.
- Where is Detroit Development Fund based?
- Detroit Development Fund is based in MI.
Play a game based on Detroit Development’s filings →