Public Charity

MICHIGAN FOUNDERS FUND

MICHIGAN FOUNDERS FUND is a private foundation categorized as Public Charity based in ANN ARBOR, MI. Its most recent IRS filing (2024) reports revenue of $1.9M, expenses of $1.7M, total assets of $1.4M. Imperigo tracks 15 reported grants from this foundation totaling approximately $420K.

EIN: 863992946 ANN ARBOR, MI Public Foundations NTEE: T30 Latest filing: 2024
Total Revenue$1.9M
Total Expenses$1.7M
Total Assets$1.4M
Grants Given15
Grant Total$420K
Filing Years2022–2024

Mission

MICHIGAN FOUNDERS FUND (MFF) HELPS ENTREPRENEURS AND THEIR TEAMS BECOME ACTIVE PARTICIPANTS IN THE COMMUNITIES WHERE THEY OPERATE THROUGHOUT THE STATE OF MICHIGAN. MFF WILL PROVIDE EDUCATIONAL PROGRAMMING AND RESOURCES THAT EQUIP ENTREPRENEURS TO BECOME STRONGER LEADERS AND HELP THEM BUILD DIVERSE, EQUITABLE AND INCLUSIVE COMPANY CULTURES. MFF PROGRAMMING WILL ENABLE ENTREPRENEURS TO CONSIDER THE IMPACT OF THE BUSINESS ON MULTIPLE STAKEHOLDERS, SOCIETY AND THE ENVIRONMENT. MFF WILL PROVIDE EVIDENCED-BASED DATA THAT EMPOWERS ENTREPRENEURS TO MAKE CHARITABLE FINANCIAL AND SERVICE CONTRIBUTIONS TO SUPPORT THE ONGOING WORK OF MFF AND OTHER NONPROFIT 501(C)(3) ORGANIZATIONS DEDICATED TO ADVANCING ENTREPRENEURS AND STUDENTS IN STEM AND GENERATING POSITIVE, SUSTAINABLE PUBLIC BENEFITS TO COMMUNITIES THROUGHOUT MICHIGAN. MFF WILL COLLABORATE WITH OTHER 501(C)(3) ORGANIZATIONS TO PROMOTE THEIR WORK AND ORGANIZE SERVICE ACTIVITIES FOR ENTREPRENEURS.

Where $100 goes at Michigan Founders Fund

How Michigan Founders Fund divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$80 Programs the work itself
$16 Management running the organization
$4 Fundraising raising the next dollar

Inside the $80 for programs

$80
Michigan Founders Fund (mff) helps entrepreneurs and their teams become active participants in the communities where they operate throughout the state of michigan
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 Given

RECIPROCITY LLC
PONTIAC, MI · 2024
VENTURE TOGETHER COMPETITION WINNER
$30,000
FARMISH INC
GRAND RAPIDS, MI · 2024
VENTURE TOGETHER COMPETITION WINNER
$30,000
WHATSEATLIKE INC
DETROIT, MI · 2024
VENTURE TOGETHER COMPETITION WINNER
$30,000
STRUT MOTORS INC
DETROIT, MI · 2024
VENTURE TOGETHER COMPETITION WINNER
$30,000
KIMMIE G LLC
ANN ARBOR, MI · 2024
SPORTS/TECH VENTURE PITCH WINNER
$10,000

Showing up to 5 of 15 total records — full history available with membership.

Officers & Directors

TREASURER Adrian Fortino
CO-CHAIR Bhushan Kulkarni
CO-CHAIR Dug Song
BOARD MEMBER AT-LARGE Katy Locker
EXECUTIVE DIRECTOR Rishi Moudgil

Officer compensation and complete director data available with membership.

Top Grant Purposes

Sports & Recreation
$24,500 3 grants
General Support
$10,000 1 grant
Unspecified
$385,002 11 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.9M $1.7M $1.4M
2023 $1.2M $1.1M $421K
2022 $937K $584K $388K

Between 2022 and 2024, reported annual revenue grew from $937K to $1.9M (+102%), with total assets most recently reported at $1.4M.

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

Grant Geography

Grants from this foundation were reported to recipients in DC, MI.

DCMI

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

See the full picture for MICHIGAN FOUNDERS FUND

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