EIN 46-4873153

Community Foundation for Southeast Michigan

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2014
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Community Foundation for Southeast Michigan works to improve the quality of life in its region through managing the Dia settlement, commonly referred to as the "grand bargain," which was approved as part of the bankruptcy proceeding. Additionally, the foundation focuses on lessening the burdens of government and combatting community deterioration in and around Detroit by conducting activities and providing support.
Also known as...
Foundation for Detroits Future
Total revenues
$16,700,418
2022
Total expenses
$18,916,553
2022
Total assets
$45,675,356
2022
Num. employees
0
2022

Program areas at Community Foundation for Southeast Michigan

Support of fdf's role to help improve the quality of life in southeast Michigan primarily as the charitable entity that manages the dia settlement (commonly known as the "grand bargain") approved as part of the plan of adjustment that concluded the bankruptcy proceedings of the city of detroit. Subject to the terms and conditions of the settlement agreement, on the closing date (2014) and on an annual basis thereafter commencing in 2016, payments will be made to the city subject to the conditions of that settlement agreement.

Who funds Community Foundation for Southeast Michigan

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Ford FoundationFor the Detroit Institute of Arts Settlement Project To Expedite Detroit's Bankruptcy Settlement, Assist in Honoring Pension Commitments and Preserve the Institutes Collection for Public Benefit$8,333,333
W.K. Kellogg Foundation (WKKF)Support, in Part, A Proposed Settlement To Assist the City of Detroit in Emerging From Bankruptcy By Helping the City Satisfy Its Pension Obligations To Retirees and To Assist in Preserving the Detroit Institute of Arts$2,000,000
John S. and James L. Knight FoundationAs Part of A Group of Funders Supporting Detroit's Plan of Adjustment To Allow Detroit To Emerge From Bankruptcy (A) A Financially Sustainable Community That Can Better Engage and Serve Its Citizens and (B) Securing the Assets of the Detroit Institute of Arts As A Resource for the City and the Region.$1,500,000
...and 7 more grants received

Personnel at Community Foundation for Southeast Michigan

NameTitleCompensation
Jenilyn NormanVice President , Finance and Administration / Vice President Finance and Administration$0
Richard L DevorePresident$0
Mariam C NolandPresident and Secretary$0
James B NicholsonChair$0
John A BarkerTreasurer$0
...and 5 more key personnel

Financials for Community Foundation for Southeast Michigan

RevenuesFYE 12/2022
Total grants, contributions, etc.$16,008,333
Program services$65,000
Investment income and dividends$627,085
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$16,700,418

Form 990s for Community Foundation for Southeast Michigan

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-03990View PDF
2020-122021-11-12990View PDF
2019-122022-02-07990View PDF
2018-122019-12-16990View PDF
...and 3 more Form 990s
Data update history
January 23, 2024
Updated personnel
Identified 1 new personnel
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Received grants
Identified 11 new grant, including a grant for $8,333,333 from The Ford Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
333 W Fort St 2010
Detroit, MI 48226
Metro area
Detroit-Warren-Dearborn, MI
Website URL
cfsem.org/ 
Phone
(313) 961-6675
IRS details
EIN
46-4873153
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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