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Michigan · Nonprofit

WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN

WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN (Michigan) receives grants from 5 organizations whose IRS filings report $3,196,795 to it, the largest being GATES FOUNDATION ($1,713,533). 5 of them have funded it in more than one year.

Revenue FY2025
$7.2M
Funders on record
5
Grants received
$3.2M
Net assets
$59M
5/5 repeat funderspeak grant-dependency 17%
01What it does

What William Davidson Institute at the University of Michigan does

Mission

The William Davidson Institute at the University of Michigan is an independent education research and applied practice organization. The Institute provides instruction and works with businesses universities development organizations and governments to equip decision-makers in emerging markets with the tools of commercial success.

As stated on its FY2025 Form 990.

Programs

  1. Research - The Institute performed research to act as a bridge between academics and practitioners in the areas of: Healthcare business approaches to improve healthcare delivery in emerging markets and supply chain management; Impact Measurement the design and implementation of customized assessment solutions to understand the economic social and environmental performance and outcomes of organizations and businesses operating in emerging markets; and Energy identifies individuals communities and companies developing innovative approaches to generating power and connect them with the expertise knowledge and tools to build profitable enterprises.

    $1,632,042 spent$379,133 earned by the program
    53% of program spending
  2. Education - In fiscal year 2025 WDI ran 7 professional executive education programs in 4 countries with participants representing countries beyond host countries. These programs were delivered both in person and virtual and for various durations.

    $880,823 spentof which $83,928 as grants$311,588 earned by the program
    28% of program spending
  3. Publishing - Publishing focuses on the dissemination of information via curated online blogs and the development and distribution of business cases. Blogs focused on the disciplines of financial innovation and healthcare explore market solutions to poverty and are shared via nextbillion. net. Business cases are distributed via wdi-publishing. com.

    $591,963 spent$350,728 earned by the program
    19% of program spending
  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,104,828.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 = 20212021 Revenue 100 ($3.8M) Expenses 100 ($5.6M) Net assets 100 ($54M)2022 Revenue 88 ($3.3M) Expenses 96 ($5.3M) Net assets 104 ($56M)2023 Revenue 97 ($3.6M) Expenses 99 ($5.5M) Net assets 97 ($53M)2024 Revenue 88 ($3.3M) Expenses 100 ($5.6M) Net assets 100 ($54M)2025 Revenue 192 ($7.2M) Expenses 95 ($5.3M) Net assets 109 ($59M)
20212022202320242025
Revenue (192)Expenses (95)Net assets (109)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 2024 to 2025, from $55M to $60M (+9%).

$55M
$57M
$53M
$55M
$60M
20212022202320242025
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.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 0% · 2022 0% · 2023 0% · 2024 0% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.

58% of WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN’s revenue is contributions — more earned-revenue than three-quarters of its peers (97% for the typical peer).

This organization
Typical peer · 1,679 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 5 reported years ran a deficit.

−$1.8M
’21
−$2.0M
’22
−$1.9M
’23
−$2.3M
’24
$1.9M
’25
0.9
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

Sharon Matusik

Chair of the Board

As listed on its FY2025 Form 990.

20212022202320242025
Listed1616161617
Joined·+3+1+1+2
No longer listed·3111
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $144k → $81k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
$1.1M
$106k
Pathunclassified
$43k
funders
1
2
4
3
4
3
1
1

From the IRS filings of WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN’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

WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN leans on a few funders — its largest provides 54% of grant income and the top three 95%; half comes from just 1 funder.

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

40% 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 WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN.

54%
largest funder
95%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 89% · 2019 86% · 2020 53% · 2021 59% · 2022 42% · 2023 100% — broadly stable.

“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

WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN draws 93% of its grant income from funders outside Michigan, across 3 states in all.

WA
MI
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Michigan out of state home

Funder states come from each funder’s own filing. 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

WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN runs a healthier operating margin than three-quarters of the 718 international nonprofits its size.

Operating margin27% · top quartile
Months of reserve0.9mo · bottom quartile
Revenue growth (annualized)18% · above the median

this organization peer median middle 50% of peers· 718 international nonprofits $1M–$10M, FY2025

Government funding WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $114k on record.

Federal$114k
grants $114kcontracts $0
19
23
Top agencies
  • Department of State$79k
  • Department of Defense$35k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN

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

59% of spending goes to programs.

Program 59%Management 41%Fundraising 0%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MI

Screen this organization

A dated, signed PDF of the compliance screen for WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN: 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.

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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 WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN?
WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN (Michigan) receives grants from 5 organizations whose IRS filings report $3,196,795 to it, the largest being GATES FOUNDATION ($1,713,533). 5 of them have funded it in more than one year.
How many funders does WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN have?
IRS filings report 5 organizations giving $3,196,795 in grants to WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN, 5 of which have funded it in more than one year.
Who is the largest funder of WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN?
GATES FOUNDATION is the largest funder on record, with $1,713,533 in grants. The full list of funders is on this page.
How can an organization like WILLIAM DAVIDSON INSTITUTE AT THE UNIVERSITY OF MICHIGAN 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 2021–2025), and the filings of 5 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