Program areas at Community Foundation for Southeast Michigan
A collaboration of foundations launched the new economy initiative (nei) at the Community Foundation in 2007. Nei is working to diversify the regional economy of Southeast Michigan and stimulate entrepreneurial development. In 2023, nei funded grants and other important work totaling approximately $6.9 million. Nei primarily concentrates on building a network of support for entrepreneurs and small business owners. Nei's grants support nonprofit service providers who provide technical assistance, such as business planning and concept-testing, and those who provide capital and other resources. In addition, nei provides support to help these networks of service providers connect better to each other and the people they serve. Nei's work is focused on building a resilient and equitable economy by increasing growth and scalability among small businesses in underserved communities that will create jobs and generate wealth for residents.
The Michigan opioid partnership is a public-private collaborative including the state of Michigan and key philanthropic organizations who share the goal of decreasing Michigan opioid overdoses and deaths.
The Michigan justice fund (mjf) is a funders' collaborative that makes investments to stem the flow of individuals into the criminal justice system, support the investment of public dollars to community-driven alternatives to incarceration, and ensure that those who are returning home after incarceration receive the support they need to flourish. The Michigan justice fund is comprised of michigan-based and national funders dedicated to advancing justice reform and the economic mobility of individuals with criminal convictions in Michigan. In 2023, mjf funded $2.6mm in grants to nonprofit organizations that support justice reform.
Through its grantmaking, the Community Foundation for Southeast Michigan seeks to build a stronger, more competitive region by encouraging regional thinking and cooperation, fostering innovation and creative solutions, and leveraging additional resources for area organizations and communities. Schedule i lists organizations supported and grants awarded in 2023.
Grants made by Community Foundation for Southeast Michigan
Grantee | Grant description | Grant year | Amount |
---|
Fidelity Investments Charitable Gift Fund | Philanthropy, Voluntarism & Grantmaking Foundations | 2023-12 | $8,780,337 |
Jewish Federation of Metropolitan Detroit | Philanthropy, Voluntarism & Grantmaking Foundations | 2023-12 | $6,605,886 |
Regents of the University of Michigan | Community Improvement & Capacity Building | 2023-12 | $3,208,719 |
...and 923 more grants made totalling $91,645,640 |
Who funds Community Foundation for Southeast Michigan
Grants from foundations and other nonprofits
Personnel at Community Foundation for Southeast Michigan
Name | Title | Compensation | Date of data |
---|
Ric DeVore | President and Chief Executive Officer | | 2024-10-18 |
Nicole Sherard-Freeman | Chief Operating Officer | | 2024-10-18 |
Jenilyn Norman | Vice President , Finance and Administration | $222,415 | 2024-10-18 |
Karen Leppanen | Special Projects Coordinator | $280,064 | 2024-10-18 |
Sheryl G. Arb | Vice President , Marketing and Communications | $228,696 | 2024-10-18 |
...and 30 more key personnel |
Financials for Community Foundation for Southeast Michigan
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $101,212,044 | $52,734,065 | 91.9% |
Program services | $1,071,086 | $1,003,553 | 6.7% |
Investment income and dividends | $21,305,799 | $15,238,941 | 39.8% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $4,588,047 | $48,244,933 | -90.5% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $-3,402 | $268,341 | -101.3% |
Total revenues | $128,173,574 | $117,489,833 | 9.1% |
Organizations like Community Foundation for Southeast Michigan
Organization | Type | Location | Revenue |
---|
Saint Paul and Minnesota Foundation | 501(c)(3) | Saint Paul, MN | $114,417,024 |
The San Diego Foundation | 501(c)(3) | San Diego, CA | $268,696,192 |
The Rhode Island Foundation | 501(c)(3) | Providence, RI | $87,701,485 |
The Pittsburgh Foundation | 501(c)(3) | Pittsburgh, PA | $80,275,888 |
Community Foundation of Greater Des Moines | 501(c)(3) | West Des Moines, IA | $109,094,031 |
San Antonio Area Foundation | 501(c)(3) | San Antonio, TX | $68,911,493 |
The Boston Foundation (TBF) | 501(c)(3) | Boston, MA | $161,296,905 |
The Community Foundation | 501(c)(3) | Richmond, VA | $119,331,194 |
The Oregon Community Foundation | 501(c)(3) | Portland, OR | $193,115,084 |
Arizona Community Foundation | 501(c)(3) | Phoenix, AZ | $122,702,351 |
Data update history
October 18, 2024
Updated personnel
Identified 21 new personnel
October 16, 2024
Updated personnel
Identified 6 new personnel
September 21, 2024
Received grants
Identified 5 new grant, including a grant for $3,000,000 from Blue Meridian Partners January 23, 2024
Updated personnel
Identified 1 new personnel
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsCommunity foundationsHeadquarter / parent organizationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsLobbyingOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
- Address
- 333 W Fort St 2010
- Detroit, MI 48226
- Metro area
- Detroit-Warren-Dearborn, MI
- County
- Wayne County, MI
- Website URL
- cfsem.org/Â
- Phone
- (313) 961-6675
- Facebook page
- cfsemÂ
- Twitter profile
- @cfsemÂ
IRS details
- EIN
- 38-2530980
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1984
- 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
- Central organization
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