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EIN 82-1812075

Flagstar Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Troy
State
Michigan
Year formed
2017
Most recent tax filings
2022-12-01
NTEE code, primary
T21: Corporate foundations
Description
The Flagstar Foundation is the corporate foundation of Flagstar Bank. It is located in Troy, MI. Last year, it made 112 grants. Some of its grantees include Invest Detroit.
Total revenues
$24,467,599
2022
Total expenses
$2,537,574
2022
Total assets
$23,520,747
2022
Num. employees
n/a

Grants made by Flagstar Foundation

GranteeGrant descriptionAmount
Invest DetroitSee Attached General Explanation$500,000
Dutton FarmSee Attached General Explanation$40,000
United Way of South Central MichiganSee Attached General Explanation$35,000
...and 69 more grants made totalling $1,333,925

Personnel at Flagstar Foundation

NameTitleCompensation
Elizabeth CorreaManaging Director$0
Sonia PlataPresident$0

Financials for Flagstar Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$24,449,239
Investment income and dividends$18,360
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$24,467,599

Form 990s for Flagstar Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990PFView PDF
2021-122022-10-06990PFView PDF
2020-122021-08-11990PFView PDF
2019-122021-06-14990PFView PDF
2018-122019-12-17990PFView PDF
...and 1 more Form 990

Organizations like Flagstar Foundation

OrganizationLocationRevenue
PPL FoundationAllentown, PA$13,245,053
Fca FoundationAuburn Hills, MI$12,835,109
The Applied Materials FoundationSanta Clara, CA$15,307,535
Rockwell Automation Charitable CorporationMilwaukee, WI$10,007,891
Progressive Insurance FoundationCleveland, OH$14,141,975
The USAA FoundationSan Antonio, TX$20,103,005
MassMutual FoundationSpringfield, MA$36,320,000
Parker-Hannifin FoundationCleveland, OH$7,423,632
Oge Energy Corp FoundationOklahoma City, OK$6,186,879
Sage FoundationArlington, WA$9,846,378
Data update history
January 5, 2024
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 18, 2023
Updated personnel
Identified 4 new personnel
May 8, 2023
Received grants
Identified 1 new grant, including a grant for $1,000 from Dinello Family Foundation
October 20, 2021
Posted financials
Added Form 990PF for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
5151 Corporate Dr
Troy, MI 48098
Metro area
Detroit-Warren-Dearborn, MI
County
Oakland County, MI
Website URL
flagstar.com/esg/social/philanthropic-giving.html 
Phone
(248) 312-5470
IRS details
EIN
82-1812075
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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