FOUNDATION FOR DETROITS FUTURE

DETROIT, MI, 48226-3134 (313) 961-6675 Est. 2014 EIN 46-4873153
S20 - Community & Neighborhood Development 990 - Public charity return 501(c)(3)

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.

Giving Portfolio

Total Grants
12
Total Giving
$75.4M
Recipients
4
Years Active
2020 - 2024
Avg grant: $6,283,333 Median: $375,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20243$18.9M $6.3M01
20233$18.9M $6.3M01
20223$18.9M $6.3M01
20203$18.9M $6.3M10

Top States

Michigan
12

Top Grantees

CITY OF DETROIT
MI - 12 grants
$75.4M

Financials

Total Revenue
$22,534,738
Total Expenses
$18,922,329
Net Assets
$47,810,830
4 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
2.5 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 29.0%
Expenses 0.0%
Revenue Sources
Contributions 92.9% Investment 6.5% Other 1.0%
Expense Breakdown
Program 99.6% Management 0.4%

Officers & Trustees (6)

Individual compensation is available on Grow plans.

Filing History (4 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$22,534,738 ↑$18,922,329$47,810,830
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$17,474,620 ↑$18,925,421$44,198,421
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$16,700,418 ↓$18,916,553$45,649,222
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$26,353,221 $18,934,438$40,455,807

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EIN: 46-4873153 · Source: IRS Form 990 e-file data