Totals
- Total revenue
- $13,548,875
- Total expenses
- $10,269,339
- Contributions and grants received
- $6,044,687
- Grants paid
- $3,955,270
- Program service revenue
- $0
- Investment income
- $7,503,066
- Other revenue
- $1,122
- Total assets, end of year
- $114,726,847
- Total liabilities, end of year
- $732,897
- Net assets or fund balances, end of year
- $113,993,950
- Program services expenses (Part IX)
- $8,977,935
- Management and general expenses
- $925,430
- Fundraising expenses
- $365,974
- Program service expenses (Part III)
- $8,977,935
Program services were 87.4% 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.
-
1c · Fundraising events
$30,000
-
1e · Government grants (contributions)
$2,685,038
-
1f · All other contributions, gifts and grants
$3,329,649
-
1g · Noncash contributions included above
$1,558,296
-
3 · Investment income
total $1,917,655 · related or exempt $1,917,655
-
7a · Gross sales of assets other than inventory
securities $29,948,595
-
7b · Less cost or other basis and sales expenses
securities $24,363,184
-
7c · Gain or loss
securities $5,585,411
-
7d · Net gain or loss
total $5,585,411 · related or exempt $5,585,411
-
8a · Fundraising events: gross income
$10,653
-
8a · Fundraising events: contributions included on line 1c
$30,000
-
8b · Fundraising events: direct expenses
$20,838
-
8c · Net income from fundraising events
total -$10,185 · excluded -$10,185
-
11a · Other revenue: Miscellaneous
total $11,307 · excluded $11,307
-
11e · Other revenue, total
$11,307
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,851,256 · program services $2,851,256
-
2 · Grants to domestic individuals
total $1,104,014 · program services $1,104,014
-
5 · Compensation of officers, directors and key employees
total $319,205 · program services $89,377 · management and general $143,643 · fundraising $86,185
-
7 · Other salaries and wages
total $529,903 · program services $148,373 · management and general $238,456 · fundraising $143,074
-
8 · Pension plan contributions
total $23,827 · program services $6,672 · management and general $10,722 · fundraising $6,433
-
9 · Other employee benefits
total $48,061 · program services $13,457 · management and general $21,627 · fundraising $12,977
-
10 · Payroll taxes
total $61,738 · program services $17,509 · management and general $27,643 · fundraising $16,586
-
11b · Fees: legal
total $2,458 · management and general $2,458
-
11c · Fees: accounting
total $111,340 · program services $29,950 · management and general $81,390
-
11f · Fees: investment management
total $286,749 · management and general $286,749
-
11g · Fees: other
total $1,538,228 · program services $1,538,228
-
13 · Office expenses
total $671,614 · program services $597,066 · management and general $22,910 · fundraising $51,638
-
14 · Information technology
total $47,170 · program services $15,737 · management and general $19,645 · fundraising $11,788
-
16 · Occupancy
total $49,653 · program services $11,468 · management and general $27,126 · fundraising $11,059
-
17 · Travel
total $24,509 · program services $24,281 · management and general $142 · fundraising $86
-
19 · Conferences, conventions and meetings
total $95,930 · program services $68,347 · management and general $15,151 · fundraising $12,432
-
22 · Depreciation, depletion and amortization
total $10,523 · program services $2,946 · management and general $4,735 · fundraising $2,842
-
23 · Insurance
total $25,381 · program services $16,287 · management and general $5,684 · fundraising $3,410
-
24a · Other expenses: Site Preparation
total $2,297,003 · program services $2,297,003
-
24b · Other expenses: Professional Developmen
total $39,630 · program services $24,424 · management and general $9,504 · fundraising $5,702
-
24c · Other expenses: Excellence in Education
total $37,593 · program services $37,593
-
24d · Other expenses: Dues/Subscriptions
total $27,685 · program services $27,685
-
24e · All other expenses
total $65,869 · program services $56,262 · management and general $7,845 · fundraising $1,762
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $247,071 · end of year $435,284
-
2 · Savings and temporary cash investments
beginning of year $2,079,887 · end of year $2,960,393
-
3 · Pledges and grants receivable
beginning of year $3,376 · end of year $2,626
-
4 · Accounts receivable
beginning of year $59,114 · end of year $57,589
-
7 · Other notes and loans receivable
beginning of year $675,155 · end of year $1,624,791
-
9 · Prepaid expenses and deferred charges
beginning of year $4,671 · end of year $14,666
-
10a · Land, buildings and equipment: cost or other basis
$91,837
-
10b · Land, buildings and equipment: accumulated depreciation
$39,339
-
10c · Land, buildings and equipment, net
beginning of year $44,351 · end of year $52,498
-
11 · Investments: publicly traded securities
beginning of year $95,962,296 · end of year $104,617,989
-
12 · Investments: other securities
beginning of year $3,335,718 · end of year $3,700,182
-
15 · Other assets
beginning of year $3,274,010 · end of year $1,260,829
-
17 · Accounts payable and accrued expenses
beginning of year $168,496 · end of year $346,289
-
18 · Grants payable
beginning of year $24,368 · end of year $75,589
-
19 · Deferred revenue
end of year $311,019
-
27 · Net assets without donor restrictions
beginning of year $102,249,830 · end of year $112,764,926
-
28 · Net assets with donor restrictions
beginning of year $3,242,955 · end of year $1,229,024
Mission and programs · 2025
Mission
To fulfill donor wishes and enable community initiatives to come to life, now and forever.
-
The Foundation is a grantmaker, philanthropic vehicle, community leader, and volunteer organization. As a grantmaking organization, SCF is able to assist charitable agencies and activities that provide specific and necessary services in our community. As a philanthropic vehicle, the Foundation works with any and all individuals who want a means of giving back to the community in a broad or specific way. As a leader in the community, the Foundation works with organizations, such as the United Way of Saginaw County, to conduct community surveys. As a volunteer organization, SCF gathers diverse groups of people to assist with various Foundation efforts.
Expenses $8,977,935 · Grants $3,955,270
As filed on the 2025 return.
Listed in Part VII
-
Renee Johnston
President & CEO
- Total calculated
- $188,887
- From this org
- $170,500
- From related orgs
- $0
- Other
- $18,387
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $170,500
- Bonus
- $0
- Other
- $0
- Deferred
- $8,525
- Nontaxable benefits
- $9,862
- Filer's total
- $188,887
-
Todd Gregory
Board Chair
- Total calculated
- $0
- Hours/week
- 1
-
Dana Tell
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Iris Marteja
Physician
- Total calculated
- $0
- Hours/week
- 1
-
Rob Kain
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Tom Miller Jr
Assistant Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Elian Fichtner
Community Liaison
- Total calculated
- $0
- Hours/week
- 1
-
John Shelton
Immediate Past Board Chair
- Total calculated
- $0
- Hours/week
- 1
-
Kwame Akowuah
Director
- Total calculated
- $0
- Hours/week
- 1
-
Andy Ault
Director
- Total calculated
- $0
- Hours/week
- 1
-
David Brown
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey Collier
Director
- Total calculated
- $0
- Hours/week
- 1
-
Scott Ellis
Director
- Total calculated
- $0
- Hours/week
- 1
-
Katherine Ellison
Director
- Total calculated
- $0
- Hours/week
- 1
-
Brian Keenen-Lechel
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jill Miller
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Nigl
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chris Pryor
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rumi Shahzad
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael Webster
Director
- Total calculated
- $0
- Hours/week
- 1
-
Eric Rutheford
COO
- Total calculated
- $130,319
- From this org
- $128,750
- From related orgs
- $0
- Other
- $1,569
- Hours/week
- 40
-
Lori TenEyck
Director of Finance
- Total calculated
- $108,514
- From this org
- $101,764
- From related orgs
- $0
- Other
- $6,750
- Hours/week
- 40
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
General support
-
General support, Capital Campaign
-
General support
-
Ramp/Mobility Program, Imagination Library, Program support and For the benefit of Saginaw County
-
WATROUS/STARK ENDOWMENT, DR. BENJAMIN STARK BIOLOGY SCHOLARSHIP, AL WATROUS GOLF INVITATIONAL, Waheed & Raana Akbar Scholarship, Scholarships, SVSU Musical Artist in Residence, and Ruth and Ted Braun Fellowship Program
-
General Support and 2024 Agency Distribution
-
General support, Higher Purpose, and Agency Distribution
-
General support, Hidden Harvest - Capital Campaign, and Hunger Solution Center Expansion
-
Program support and Building Brighter Futures Capital Campaign
-
Program support and Training of priests, ministers, teachers, deaconesses and missionaries
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · Blg Rental · MI · 100% owned · share of income $236,280 · share of assets $613,847
Directly controlled by SCF
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 11 August 2026
- IRS schema version
- 2025v4.2
- Source object
- 202642299349302374
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.