Private Foundation

FLAGSTAR FOUNDATION INC

FLAGSTAR FOUNDATION INC, of TROY, MI, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.4M in revenue, $3.8M in expenses, $19.0M in total assets. IRS filings disclose 806 grants awarded by this foundation, totaling roughly $15.8M.

EIN: 821812075 TROY, MI Latest filing: 2024
Total Revenue$1.4M
Total Expenses$3.8M
Total Assets$19.0M
Grants Given806
Grant Total$15.8M
Filing Years2020–2024

Sample Grants Given

COMMUNITY FOUNDATION FOR SE MICHIGAN
DETROIT, MI · 2024
PONTIAC FUNDERS COLLABORATIVE
$100,000
ARIVA INC
BRONX, NY · 2024
FINANCIAL CAPABILITY
$50,000
EL NIDO FAMILY CENTERS
LOS ANGELES, CA · 2024
FINANCIAL CAPABILITY
$50,000
PER SCHOLAS INC
BRONX, NY · 2024
WORKFORCE READINESS
$50,000
HISPANIC UNITY OF FLORIDA INC
HOLLYWOOD, FL · 2024
FINANCIAL CAPABILITY - VITA
$50,000

Showing up to 5 of 806 total records — full history available with membership.

Officers & Directors

TRUSTEE Christopher Beck
TRUSTEE Diane Menzo
MANAGING DIRECTOR Elizabeth Correa
TRUSTEE Gary Wolf
TRUSTEE Jennifer Charters
SECRETARY Laura Coleman

Officer compensation and complete director data available with membership.

Top Grant Purposes

See Attached General Explanation
$10,067,910 504 grants
WORKFORCE READINESS
$1,897,000 80 grants
ARTS CULTURE
$880,000 46 grants
FINANCIAL CAPABILITY
$606,000 21 grants
SUPPORT AFFORDABLE HOUSING
$500,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.4M $3.8M $19.0M
2023 $1.2M $2.8M $21.4M
2022 $24.5M $2.5M $23.5M
2021 $407K $3.6M $1.3M
2020 $4.0M $2.2M $3.5M

Between 2020 and 2024, reported annual revenue declined from $4.0M to $1.4M (-66%), with total assets most recently reported at $19.0M.

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

Grant Geography

Grants from this foundation were reported to recipients in AZ, CA, CO, CT, DC, FL, and 4 other states.

AZCACOCTDCFLGAIDILIN

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

See the full picture for FLAGSTAR FOUNDATION INC

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