Form 990 for tax year 2023

Totals

Total revenue

$9,300,684

Total expenses

$9,217,826

Contributions and grants received

$6,685,955

Grants paid

$8,368,532

Program service revenue

$0

Investment income

$2,578,723

Other revenue

$36,006

Total assets, end of year

$61,226,065

Total liabilities, end of year

$13,520,055

Net assets or fund balances, end of year

$47,706,010

Program services expenses (Part IX)

$8,453,693

Management and general expenses

$614,029

Fundraising expenses

$150,104

Program service expenses (Part III)

$8,453,693

Program services were 91.7% 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.

Mission and programs · 2023

• THE COMMUNITY FOUNDATION MAKES GRANTS FOR CHARITABLE PURPOSES TO VARIOUS 501(C)(3) AND GOVERNMENT ORGANIZATIONS IN THE FOLLOWING AREAS: ARTS AND CULTURE, EDUCATION, ENVIRONMENT, COMMUNITY AND ECONOMIC DEVELOPMENT, HEALTH, HUMAN SERVICES, RECREATION, HISTORIC PRESERVATION, AND YOUTH DEVELOPMENT. ALL GRANT RECOMMENDATIONS ARE REVIEWED AND APPROVED BY THE COMMUNITY FOUNDATION'S BOARD OF DIRECTORS. DONOR ADVISED FUNDS RECOMMENDED 794 GRANTS TO SUPPORT ORGANIZATIONS THEY VALUE. THE UNRESTRICTED FUND'S DISTRIBUTION COMMITTEE AND THE YOUTH FUND'S YOUTH ADVISORY COMMITTEE RECOMMENDED 42 GRANTS TO ORGANIZATIONS SERVING A SIGNIFICANT NUMBER OF EMMET COUNTY RESIDENTS. THE ADVISORY COMMITTEE FOR FIELD OF INTEREST FUNDS, INCLUDING FUNDS SUPPORTING SENIORS, CHILDREN, HOUSING OR THE ENVIRONMENT, RECOMMENDED 108 GRANTS TO ORGANIZATIONS IN CORRESPONDING FIELDS. THE SCHOLARSHIP COMMITTEE RECOMMENDED VARIOUS SCHOLARSHIP AWARDS OF 52 GRANTS TO LOCAL STUDENTS WHO ARE PURSUING EDUCATION BEYOND HIGH SCHOOL. A TOTAL OF 1,095 GRANTS WERE AWARDED FROM COMMUNITY FOUNDATION FUNDS DURING THIS TIME PERIOD TO IMPROVE AND ENRICH LIFE IN EMMET COUNTY.

  Expenses $8,453,693 · Grants $8,368,532

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

• NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION

  $1,775,206

  INSTALLMENT PAYMENT FOR LOFTS OF LUMBER SQUARE. GIFT OF LAND FOR LOFTS AT LUMBER SQUARE

• WOMEN'S RESOURCE CENTER OF NORTHERN MICHIGAN

  $453,000

  CONTRIBUTION TO THE "EMPOWERING BRIGHT FUTURES" CAMPAIGN. $5000 TO GENERAL FUND; $2000 TO EMERGENCY FUND. FOR THE EXPANSION AND RENOVATION PROJECT IN PETOSKEY. CAPITAL CAMPAIGN. FALL 2023 GRANT CYCLE - EMPOWERING BRIGHT FUTURES - FACILITY TECHNOLOGY INFRASTRUCTURE. ALLOCATION REQUEST FROM WRC OPERATIONS FUND. $5000 TO GENERAL FUND; $2000 TO EMERGENCY FUND.

• LITTLE TRAVERSE CONSERVANCY

  $338,108

  MELVIN FAMILY HIKING & BIKING TRAIL. FOR LAMKIN FARM RESERVE. MEMBERSHIP AND BOOK COST PER EMAIL TO EMILY. ALLOCATION FROM MICHAEL CAMERON ESTATE. WILDSHORES INITIATIVE. SPRING 2023 GRANT CYCLE - CREATING MORE WAYS TO CONNECT TO NATURE: ACCESSING A POND AT THE SALLY & JACK CLARK NATURE PRESERVE

• CITY OF HARBOR SPRINGS

  $326,339

  FUNDS FROM HARBOR SPRINGS SKATE PARK SPECIAL PROJECT FUND TO CLOSE OUT FUND

• PUBLIC SCHOOLS OF PETOSKEY

  $226,729

  $1,000 FOR EACH BUILDING PRINCIPAL (HIGH SCHOOL, MIDDLE SCHOOL, OTTAWA, LINCOLN, CENTRAL AND SHERIDAN) TO BE USED FOR TEACHER APPRECIATION FOR THIS CURRENT 23/24 SCHOOL YEAR. PHS AUX GYM BLACKBOARD PROJECT. NORTHMEN STADIUM RIBBON BOARD PROJECT. GIRLS BASKETBALL COACH SPONSOR. 2023 COLOR RUN SUPPORT $1000 TO SHERIDAN SCHOOL $1000 TO OTTAWA SCHOOL ACCOUNT #562 $10,000

• NCMC FOUNDATION

  $175,000

  TO BE USED AT THE DISCRETION OF NCMC PRESIDENT, DR. DAVID ROLAND FINLEY, PER CORRESPONDENCE WITH MR. FREY ABOUT BOARD DEVELOPMENT. CHILD CARE INITIATIVE PHASE 2. TO ESTABLISH THE NEIL AND MARSHA BIDWELL ENDOWED SCHOLARSHIP FUND. JEWEL PROGRAM ANNUAL GIFT

• TIP OF THE MITT WATERSHED COUNCIL

  $156,232

  FINAL DISTRIBUTION TO CLOSE OUT LAND AND WATER EDUCATION FUND - TOMWC. IN THE NAMES OF, AND IN MEMORY OF, MICHAEL THAIN CAMERON AND MARTHA CAVANAGH CAMERON TO BE USED FOR OPERATIONAL PROGRAMMING. SPRING 2023 GRANT CYCLE - COMMUNITY RAIN GARDEN MURAL. $5,000 FOR PET WASTE PROGRAM - $5,000 FOR GENERAL SUPPORT. 2023 ANNUAL ALLOCATION FROM TIP OF THE MITT WATERSHED COUNCIL WATER QUALITY FUND. LOCAL REALTOR EDUCATION AND OUTREACH

• NORTHWEST MICHIGAN HABITAT FOR HUMANITY

  $141,700

  LAND ACQUISITION IN MEADOWLANDS. FOUNDATIONS FOR OUR FUTURE. GENERAL SUPPORT AND MEDOWLANDS SUBDIVISION CAMPAIGN. FALL 2023 GRANT CYCLE - LANTERN LANE 2023. GENERAL SUPPORT

• MANNA FOOD PROJECT

  $115,000

  SPRING 2023 GRANT CYCLE - FOOD 4 KIDS. MANNA BACKPACK PROGRAM. 2023 HARBOR CUP TEAM BOYNE SUPPORT. MOBILE FOOD PANTRY. GENERAL SUPPORT

• EASTERN MICHIGAN UNIVERSITY FOUNDATION

  $112,120

  TO SUPPORT SEMIS PROGRAM LEADERSHIP TRANSITION PER PROPOSAL OF FEBRUARY 2024, TO SUPPORT THE FIELD SCHOOL ELEMENT OF THE HISTORIC PRESERVATION PROGRAM PROPOSAL OF FEBRUARY 2024, DESIGNATED FOR THE SOUTHEAST MICHIGAN STEWARDSHIP COALITION

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type

form_990

Tax year

2023

Filed

16 August 2024

IRS schema version

2023v5.1

Source object

202442299349301209

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.