Public Charity

BIZDOM

Based in DETROIT, MI, BIZDOM operates as a Public Charity. The organization reported $8K in expenses, $349K in total assets for fiscal year 2024. Imperigo tracks 5 reported grants from this foundation totaling approximately $538K.

EIN: 204775521 DETROIT, MI Graduate & Professional Schools NTEE: B50 Latest filing: 2024
Total Expenses$8K
Total Assets$349K
Grants Given5
Grant Total$538K
Filing Years2019–2024

Mission

TO OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES BY ESTABLISHING, MAINTAINING AND OPERATING ACADEMIES DEVOTED TO TEACHING BUSINESS AND ENTREPRENEURIAL SKILLS TO STUDENTS WITH THE INTENT OF TRAINING, MENTORING AND SUPPORTING ASPIRING ENTREPRENEURS IN THE CREATION, DEVELOPMENT, AND ONGOING MANAGEMENT OF SUCCESSFUL BUSINESS VENTURES WITH A NEXUS TO DETROIT, MICHIGAN OR CLEVELAND, OHIO.

Where $100 goes at Bizdom

How Bizdom divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$90 Programs the work itself
$10 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $90 for programs

$90
Provide training and mentoring to aspiring entrepreneurs to open innovative, growth-oriented, Detroit or cleveland tech-based start-ups
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Jeff Helpern
PRESIDENT/TREASURER/SECRETARY Laura Grannemann
DIRECTOR Todd Sachse

Officer compensation and complete director data available with membership.

Top Grant Purposes

Fundraising & Sponsorship
$250,000 2 grants
General Support
$187,500 2 grants
Economic Development
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 — $8K $349K
2023 — $11K $349K
2022 — $5K $344K
2020 — $10K $188K
2019 — $257K $183K

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MI.

MI

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for BIZDOM

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