Michigan · Public charity
Michigan Economic Development Foundation
To lessen the burden of the government of the state of michigan, to promote the public welfare, and to relieve the condition of high unemployment in the state of michigan.
- $69k
- Granted FY2020
- 1
- Grants FY2020
- 1
- Organizations funded FY2020
- 100%
- First-time grantees FY2020
- Median grant, FY2020
- $68,898
- Largest grant, FY2020
- $68,898
- Organizations funded a year
- 1 to 3
- FY2017 to FY2020
- States reached, FY2020
- 1
- Total assets, FY2020
- $892k
How open it is to new grantees
In FY2020, 100% of the organizations Michigan Economic Development Foundation funded were first-time grantees, receiving 100% of its grant dollars.
New vs renewed · share of each year
In FY2020, 0% of grant dollars renewed an existing relationship; $69k went to new ones.
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2020 | 1 | $69k | 100% |
| FY2019 | 3 | $30k | 33% |
| FY2018 | 3 | $30k | 67% |
| FY2017 | 1 | $10k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2020.
Top grantees
Largest recipients by total granted, FY2017 to FY2020, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Caseville Chamber of Commerce | $30,000 | 3 | 13% |
| Lapeer Area Chamber of Commerce | $20,000 | 2 | n/a |
Plus 3 recipients with no EIN on record ($89k), not named here.
Compare Michigan Economic Development Foundation with peer funders
About Michigan Economic Development Foundation
- How much does Michigan Economic Development Foundation give?
- Michigan Economic Development Foundation reported 1 grants totaling $68,898 in its FY2020 IRS filing. It funded between 1 and 3 organizations a year over FY2017 to FY2020.
- What does Michigan Economic Development Foundation fund?
- By grant dollars over FY2017 to FY2020, its largest causes are Recreation & Sports (29%), Community Improvement (26%).
- Who are Michigan Economic Development Foundation's largest grantees?
- By total granted over FY2017 to FY2020: Caseville Chamber of Commerce ($30k), Lapeer Area Chamber of Commerce ($20k).
- Does Michigan Economic Development Foundation fund new organizations?
- In FY2020, 100% of the organizations it funded were first-time grantees.
- Where is Michigan Economic Development Foundation based?
- Michigan Economic Development Foundation is based in MI.
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