Public Charity

FOUNDATION FOR DETROIT'S FUTURE

FOUNDATION FOR DETROIT'S FUTURE, of DETROIT, MI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $22.5M in revenue, $18.9M in expenses, $47.9M in total assets. 5 publicly reported grants to this organization, totaling roughly $2.2M, appear in IRS filings.

EIN: 464873153 DETROIT, MI Community & Neighborhood Development NTEE: S20 Latest filing: 2024
Total Revenue$22.5M
Total Expenses$18.9M
Total Assets$47.9M
Grant Records5
Funding Total$2.2M
Filing Years2020–2024

Mission

FOUNDATION FOR DETROIT'S FUTURE (FDF) SHALL WORK TO LESSEN THE BURDENS OF GOVERNMENT, COMBAT COMMUNITY DETERIORATION, AND IMPROVE THE QUALITY OF LIFE OF THE GENERAL PUBLIC IN AND AROUND THE CITY OF DETROIT THROUGH, AMONG OTHER THINGS, CONDUCTING ACTIVITIES AND PROGRAMS, AND PROVIDING SUPPORT AND FUNDING TO GOVERNMENTAL ENTITIES, CHARITABLE ORGANIZATIONS AND OTHERS, TO PROTECT AND PRESERVE THE CITY OF DETROIT'S RICH CULTURAL HERITAGE, FOSTER AND PROMOTE THE ECONOMIC REVITALIZATION AND FISCAL HEALTH OF THE CITY OF DETROIT AND ENABLE THE CITY OF DETROIT TO FULFILL ITS MUNICIPAL, FINANCIAL AND CIVIC OBLIGATIONS. THE FDF SUPPORTS THE COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN (CFSEM) BY SUPPORTING ORGANIZATIONS WHOSE WORK FURTHERS CFSEM'S MISSION. THE CFSEM'S MISSION IS TO BUILD THE RESOURCES, RELATIONSHIPS AND EXPERTISE REQUIRED TO EXPAND EQUITABLE ACCESS TO OPPORTUNITIES ACROSS SOUTHEAST MICHIGAN TO MAKE IT A DESIRABLE PLACE TO LIVE, WORK AND PLAY FOR ALL RESIDENTS, TODAY AND TOMORROW.

Where $100 goes at Foundation for Detroit's Future

How Foundation for Detroit's Future divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$100 Programs the work itself
<$1 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 $100 for programs

$100
Support of fdf's role to help improve the quality of life in southeast michigan primarily as the charitable entity that manages the dia settlement (commonly known as the…
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.

Sample Grants Received

2024
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
$500,000
2023
COMMUNITY IMPROVEMENT & CAPACITY BUILDING/GENERAL OPERATIONS
$575,000
2022
COMMUNITY IMPROVEMENT & CAPACITY BUILDING/GENERAL OPERATIONS
$575,000
2020
DEBT SETTLEMENT PAYMENT
$500,000
$75,000

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

Officers & Directors

CHAIR /DIRECTOR David T Provost
VP, FINANCE AND ADMINISTRATION Jenilyn Norman
TREASURER John A Barker
DIRECTOR Nishka Chandrasoma
VICE CHAIR /DIRECTOR Paul Trulik
PRESIDENT/SECRETARY Richard L Devore

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$1,650,000 3 grants
General Support
$75,000 1 grant
Unspecified
$500,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $22.5M $18.9M $47.9M
2023 $17.5M $18.9M $44.2M
2022 $16.7M $18.9M $45.7M
2020 $26.4M $18.9M $40.5M

Between 2020 and 2024, reported annual revenue declined from $26.4M to $22.5M (-14%), with total assets most recently reported at $47.9M.

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

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