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Michigan · Nonprofit

COREWELL HEALTH - MICHIGAN STATE UNIVERSITY ALLIANCE CORPORATION

COREWELL HEALTH - MICHIGAN STATE UNIVERSITY ALLIANCE CORPORATION (Michigan) receives grants from 2 organizations whose IRS filings report $53,333 to it, the largest being MICHIGAN GATEWAY COMMUNITY FOUNDATION ($28,333). 0 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$2.6M
Funders on record
2
Grants received
$53k
Net assets
$1.9M
0/2 repeat funderspeak grant-dependency 2%
01What it does

What Corewell Health - Michigan State University Alliance Corporation does

Mission

Corewell Health - Michigan State University Alliance Corporation's primary exempt purpose is to support and to coordinate its members' medical research and education activities in west michigan.

As stated on its FY2025 Form 990.

Program

  1. The Corewell Health - Michigan State University Alliance Corporation provides a mechanism for its members to fund the recruitment and retention by michigan state university of researchers and medical educators of mutual interest and the development and implementation of ongoing research plans. The members make decisions through the board of directors of the organization with respect to matters determined to be of mutual interest, such as areas of staffing for basic and translational research and medical research education. During the fiscal year Corewell Health - Michigan State University Alliance Corporation supported research in the areas of women's health, pediatrics, neurosciences, cystic fibrosis, epidemiology, and other various research projects.

    $2,512,599 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,512,599.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 0 ($0) Expenses 100 ($1.6M) Net assets 100 ($783k)2018 Revenue 0 ($0) Expenses 170 ($2.7M) Net assets 64 ($501k)2019 Revenue 0 ($0) Expenses 179 ($2.8M) Net assets 90 ($705k)2020 Revenue 0 ($0) Expenses 182 ($2.9M) Net assets 156 ($1.2M)2021 Revenue 0 ($0) Expenses 155 ($2.4M) Net assets 150 ($1.2M)2022 Revenue 100 ($2.0M) Expenses 154 ($2.4M) Net assets 93 ($730k)2023 Revenue 130 ($2.6M) Expenses 150 ($2.4M) Net assets 123 ($964k)2024 Revenue 150 ($3.0M) Expenses 139 ($2.2M) Net assets 227 ($1.8M)2025 Revenue 130 ($2.6M) Expenses 159 ($2.5M) Net assets 238 ($1.9M)
'17'18'19'20'21'22'23'24'25
Revenue (130)Expenses (159)Net assets (238)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $713k to $2.1M (+199%).

$783k
$661k
$713k
$2.1M
$1.7M
$1.1M
$989k
$1.8M
$2.3M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of COREWELL HEALTH - MICHIGAN STATE UNIVERSITY ALLIANCE CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (67% for the typical peer).

This organization
Typical peer · 498 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.

−$1.6M
’17
−$2.7M
’18
−$2.8M
’19
−$2.9M
’20
−$2.4M
’21
−$441k
’22
$234k
’23
$810k
’24
$87k
’25
10
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Nara Parameswaran

Director py/chair py

As listed on its FY2025 Form 990.

20242025
Listed1012
Joined·+2
No longer listed·0
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 53% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of COREWELL HEALTH - MICHIGAN STATE UNIVERSITY ALLIANCE CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

COREWELL HEALTH - MICHIGAN STATE UNIVERSITY ALLIANCE CORPORATION leans on a few funders — its largest provides 53% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

53% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund COREWELL HEALTH - MICHIGAN STATE UNIVERSITY ALLIANCE CORPORATION.

53%
largest funder
100%
top three
~2
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

53% of COREWELL HEALTH - MICHIGAN STATE UNIVERSITY ALLIANCE CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $25k that is directly attributable, 100% of it comes from funders outside Michigan, across 1 state.

NY

Funder states come from each funder’s own filing. $28k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

COREWELL HEALTH - MICHIGAN STATE UNIVERSITY ALLIANCE CORPORATION holds deeper cash reserves than three-quarters of the 210 science & tech nonprofits its size.

Operating margin3% · below the median
Months of reserve10.1mo · top quartile
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 210 science & tech nonprofits $1M–$10M, FY2025

Organizations like COREWELL HEALTH - MICHIGAN STATE UNIVERSITY ALLIANCE CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Michigan

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

6
board members
0%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Part of a family of 2 related entities

  • Spectrum Health Hospitals · exempt
  • Michigan State University · exempt

Screen this organization

A dated, signed PDF of the compliance screen for COREWELL HEALTH - MICHIGAN STATE UNIVERSITY ALLIANCE CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds COREWELL HEALTH - MICHIGAN STATE UNIVERSITY ALLIANCE CORPORATION?
COREWELL HEALTH - MICHIGAN STATE UNIVERSITY ALLIANCE CORPORATION (Michigan) receives grants from 2 organizations whose IRS filings report $53,333 to it, the largest being MICHIGAN GATEWAY COMMUNITY FOUNDATION ($28,333). 0 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does COREWELL HEALTH - MICHIGAN STATE UNIVERSITY ALLIANCE CORPORATION have?
IRS filings report 2 organizations giving $53,333 in grants to COREWELL HEALTH - MICHIGAN STATE UNIVERSITY ALLIANCE CORPORATION.
Who is the largest funder of COREWELL HEALTH - MICHIGAN STATE UNIVERSITY ALLIANCE CORPORATION?
MICHIGAN GATEWAY COMMUNITY FOUNDATION is the largest funder on record, with $28,333 in grants. The full list of funders is on this page.
How can an organization like COREWELL HEALTH - MICHIGAN STATE UNIVERSITY ALLIANCE CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Corewell Health - Michigan State University Alliance →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing