Public Charity

JEWELL EDUCATIONAL FUND

JEWELL EDUCATIONAL FUND is a private foundation categorized as Public Charity based in OWOSSO, MI. Its most recent IRS filing (2025) reports revenue of $26.8M, expenses of $9.9M, total assets of $425.8M. Imperigo tracks 75 reported grants from this foundation totaling approximately $64.9M.

EIN: 382958545 OWOSSO, MI Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$26.8M
Total Expenses$9.9M
Total Assets$425.8M
Grants Given75
Grant Total$64.9M
Filing Years2021–2025

Mission

JEWELL EDUCATIONAL FUND PROVIDES OPERATIONAL SUPPORT TO BAKER COLLEGE OR ANY OF ITS SUBSIDIARIES FOR FUNDING THE FOLLOWING: SCHOLARSHIPS FOR ACADEMICALLY QUALIFIED STUDENTS AND STUDENTS WITH DEMONSTRATED FINANCIAL NEED, CAPITAL IMPROVEMENTS, EDUCATIONALLY RELATED PROJECTS OF THE COLLEGE OR SUBSIDIARIES, RESEARCH AND TRAINING BY THE COLLEGE'S FACULTY, PARTICIPATION IN JOINT VENTURES WITH OTHER EDUCATIONAL ORGANIZATIONS AND FOR THE COLLEGE'S COMMUNITY PURPOSES.

Where $100 goes at Jewell Educational Fund

How Jewell Educational Fund divides every $100 it spends, from its own Form 990 filings, averaged across 9 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
Jewell Educational Fund gave financial assistance to baker college organizations in order to provide tuition discounts to eligible students in the amount of $8,113,820 to 4,027 students of…
All program spending · Reported in the filing: 4,027 students of baker
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Before you apply to Jewell Educational Fund

Rarely funds new orgs Every recent recipient had been funded before (2021–2024).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

BAKER ONLINE
OWOSSO, MI · 2024
OPERATIONS/SCHOLARSHIPS
$5,192,270
BAKER OF MUSKEGON
MUSKEGON, MI · 2024
OPERATIONS/SCHOLARSHIPS
$950,732
BAKER OF OWOSSO
OWOSSO, MI · 2024
OPERATIONS/SCHOLARSHIPS
$893,705
BAKER OF ROYAL OAK
ROYAL OAK, MI · 2024
OPERATIONS/SCHOLARSHIPS
$439,127
BAKER OF PORT HURON
PORT HURON, MI · 2024
OPERATIONS/SCHOLARSHIPS
$287,872

Showing up to 5 of 75 total records — full history available with membership.

Officers & Directors

FORMER BOARD OF REGENTS/PRESIDENT CEO/TRUSTEE Bart Daig
SENIOR ASSOCIATE/TRUSTEE/BOARD OF REGENTS/SECRETAR Denise Bannan
PRESIDENT/CEO/BOARD OF REGENTS Jacqueline Spicer
BOARD OF REGENTS James Martin
TREASURER/CONTROLLER/BOARD OF REGENTS Michael Moore
BOARD OF REGENTS Nathan Davidson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$64,894,554 68 grants

Financial Trends

Year Revenue Expenses Assets
2025 $26.8M $9.9M $425.8M
2024 $13.4M $7.4M $405.3M
2023 $13.7M $7.3M $362.3M
2022 $22.9M $9.0M $349.1M
2021 $19.0M $9.5M $399.0M

Between 2021 and 2025, reported annual revenue grew from $19.0M to $26.8M (+41%), with total assets most recently reported at $425.8M.

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 JEWELL EDUCATIONAL FUND

Complete financials, all 75 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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