Michigan · Nonprofit
MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION
MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION (Michigan) receives grants from 9 organizations whose IRS filings report $1,454,750 to it, the largest being DTE ENERGY FOUNDATION ($434,750). 5 of them have funded it in more than one year.
- Revenue FY2025
- $891k
- Funders on record
- 9
- Grants received
- $1.5M
- Net assets
- $871k
What Michigan Economic Development Foundation does
Mission
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.
As stated on its FY2025 Form 990.
Programs
Investment missions to position michigan as the premier location in north america for international companies in targeted industry sectors. These missions are conducted by key economic development officials to target select companies and events abroad, including five missions covering nine countries that occured in 2025.
$553,499 spent78% of program spendingEducational events, receptions, & conferences to promote economic development in michigan. In 2025 these events were attended by more than 10,000 participants, including business reps and national and international automotive suppliers.
$75,661 spent11% of program spendingCollaboration with other local and private entities striving to ensure growth and provide an economic boost and entertainment to local communities. We hosted two make it in michigan summits in 2025 as well as bringing in three site selectors to participate in a panel discussion at the michigan economic developer's association annual meeting.
$77,653 spent11% of program spending
The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $706,813.
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.
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 $686k to $994k (+45%).
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.
97% of MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
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.
Chief executive
Rebecca Bahar-Cook
Executive director & secretary
Board chair
Governor Gretchen Whitmer
Chair & ex-officio member
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2021 and FY2022, and between the FY2022 and FY2023, and between the FY2023 and FY2024 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 5 funders, grant income fell $151k → $150k.
1 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $175k from 3 payers (the payer shares this organization's board, largest Michigan Health & Hospital Association Dba Mha). These are real filings, and they are not money MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION raised.
From the IRS filings of MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION’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
MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION leans on a few funders — its largest provides 30% of grant income and the top three 72%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
33% 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 MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION.
Largest funder’s share by year: 2017 83% · 2018 93% · 2019 83% · 2020 48% · 2021 53% · 2022 64% · 2023 50% — diversifying over time.
“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.
How long its funders stay
100% of MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION's funders are still giving 3 years after their first grant; 56% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
90% of MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION's grant income comes from Michigan funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $10k 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.
Against its field
MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION is better cushioned than half of the 7,175 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025
Organizations like MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
78% of spending goes to programs.
Governance
Public support
62%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION: 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.
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 MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION?
- MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION (Michigan) receives grants from 9 organizations whose IRS filings report $1,454,750 to it, the largest being DTE ENERGY FOUNDATION ($434,750). 5 of them have funded it in more than one year.
- How many funders does MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION have?
- IRS filings report 9 organizations giving $1,454,750 in grants to MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION, 5 of which have funded it in more than one year.
- Who is the largest funder of MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION?
- DTE ENERGY FOUNDATION is the largest funder on record, with $434,750 in grants. The full list of funders is on this page.
- How can an organization like MICHIGAN ECONOMIC DEVELOPMENT FOUNDATION 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.
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 9 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