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← UNIVERSITY OF MICHIGAN CLUB OF DETROIT SCHOLARSHIP FUND

Form 990 for tax year 2025

Filed by UNIVERSITY OF MICHIGAN CLUB OF DETROIT SCHOLARSHIP FUND.

Totals

Total revenue
$195,298
Total expenses
$130,532
Contributions and grants received
$20,344
Grants paid
$123,625
Program service revenue
$0
Investment income
$174,954
Other revenue
$0
Total assets, end of year
$5,178,487
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$5,178,487
Program services expenses (Part IX)
$130,532
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$130,532

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $20,344

  • 3 · Investment income

    total $174,954 · unrelated business $174,954

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $123,625 · program services $123,625

  • 23 · Insurance

    total $3,017 · program services $3,017

  • 24a · Other expenses: SCHOLARSHIP DINNER

    total $3,890 · program services $3,890

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,995 · end of year $10,667

  • 12 · Investments: other securities

    beginning of year $4,626,352 · end of year $5,167,820

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $4,629,347 · end of year $5,178,487

Mission and programs · 2025

Mission

TO PROVIDE SCHOLARSHIPS TO STUDENTS TO ATTEND THE UNIVERSITY OF MICHIGAN

Activities or mission (Part I)

SUPPORTING ORGANIZATION

  • ALL ACTIVITIES ARE TO PROVIDE SCHOLARSHIPS TO STUDENTS TO ATTEND THE UNIVERSITY OF MICHIGAN

    Expenses $130,532 · Grants $123,625

As filed on the 2025 return.

Listed in Part VII

  • James H Loprete

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Roger Simmons

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Jeanette Schumacher

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Lawrence J Grajewski

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Chrisdon F Rossi

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Michael Santicchia

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Jared Buckley

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
9 June 2026
IRS schema version
2025v4.1
Source object
202621609349300122

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