EIN 38-2023395

Midland Area Community Foundation

IRS 501(c) type
501(c)(3)
Num. employees
12
Year formed
1973
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Midland Area Community Foundation fosters collaboration and giving today and in the future to strengthen our community. Since 1973, it has provided an avenue for individuals and organizations to change the world. The Foundation enriches our community by promoting arts, culture, entertainment, recreation, diversity, community leadership, and environment. Besides, it cares for its people by offering human services, social services, poverty alleviation initiatives, housing support, mental and physical health programs, and public safety measures.
Total revenues
$13,513,786
2023
Total expenses
$12,575,682
2023
Total assets
$125,987,299
2023
Num. employees
12
2023

Program areas at Midland Area Community Foundation

Developing our talent (talent, education, youth development, and engagement) - the local Area offers high quality education and learning opportunities throughout life, and the Community nurtures a skilled workforce and places high value on post-secondary learning. The Foundation provides opportunities for children and youth to realize their hopes and dreams.
Caring for our people (human services, social services, poverty,housing, mental and physical health, and public safety) - the local Community provides a coordinated and comprehensive system of supportive health and human services so that all may thrive. The Foundation encourages self- sufficiency and accepts its responsibility to collaborate to create the safest Community in the country.
Enriching our Community (arts, culture, entertainment, recreation, diversity, Community leadership, and environment) - the local Area is a vibrant hub of arts, culture, entertainment and recreational opportunities. The Foundation is committed to equality and inclusion, and welcomes, embraces, and accepts all people. The local Area is a sustainable Community that values and protects its natural resources.
Building our livelihood (economic development and infrastructure) - the local Area creates and sustains competitive advantages for existing and future businesses. The Foundation is well-connected and invests in physical and technological infrastructure.

Grants made by Midland Area Community Foundation

GranteeGrant descriptionAmount
Midland Center for the Arts (MCFTA)Arts$351,676
United Way of Midland CountyComm/human Services$346,576
Greater Midland Community CTRSCommunity$260,500
...and 94 more grants made totalling $4,164,226

Who funds Midland Area Community Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Midland Kids FirstMKF Endowment Fund$506,392
Michigan Baseball FoundationRiverfront Restor.$348,000
Midland Rotary FoundationCommunity$125,500
...and 22 more grants received totalling $1,462,943

Personnel at Midland Area Community Foundation

NameTitleCompensation
Sharon MortensenPresident and Chief Executive Officer$196,441
Kyle FahrnerChief Financial Officer$129,060
Katie HorningTrustee$0
Michael RogersChair$0
Dave MarshFormer Board$0
...and 3 more key personnel

Financials for Midland Area Community Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$6,837,345
Program services$0
Investment income and dividends$2,675,267
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,966,182
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$34,992
Total revenues$13,513,786

Form 990s for Midland Area Community Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-23990View PDF
2022-122023-05-09990View PDF
2021-122022-05-04990View PDF
2020-122021-05-24990View PDF
2019-122021-01-21990View PDF
...and 11 more Form 990s
Data update history
July 11, 2024
Received grants
Identified 2 new grant, including a grant for $55,464 from Bay Area Community Foundation
May 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 3 new personnel
December 27, 2023
Received grants
Identified 3 new grant, including a grant for $125,500 from Midland Rotary Foundation
December 23, 2023
Received grants
Identified 14 new grant, including a grant for $506,392 from Midland Kids First
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsState / local levelEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
76 Ashman Cir
Midland, MI 48640
Metro area
Midland, MI
County
Midland County, MI
Website URL
midlandfoundation.org/ 
Phone
(989) 839-9661
Facebook page
MidlandFDN 
IRS details
EIN
38-2023395
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1973
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
Free account sign-up

Want updates when Midland Area Community Foundation has new information, or want to find more organizations like Midland Area Community Foundation?

Create free Cause IQ account