Form 990 for the fiscal year ending December 2022 (IRS tax year 2022).
Status and standing
Where the money goes
Statement of Functional Expenses
Financial health
Summary of the Filing
| FY2020 | $151.4M |
|---|---|
| FY2021 | $169.8M |
| FY2022 | $187.7M |
| FY2023 | $171.6M |
| FY2024 | $166.6M |
| FY2020 | $16K |
|---|---|
| FY2021 | $11.4M |
| FY2022 | $443K |
| FY2023 | $353K |
| FY2024 | $304K |
Balance Sheet
Statement of Revenue
Leadership and pay
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2024 | FY2021 |
|---|---|---|
| Melanca D Clark | — | $341,442 |
| Donald Rencher | $323,077 | — |
| Jennifer Hudson Parke | $50,000 | $40,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Governance & Policies
Mission and programs
A private foundation based in Detroit, MI.
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Grants and how to apply
Who They Fund
Grantmaking Profile
Filing history
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2024 Latest | $6.7M | $11.6M | +231% | 990 PDF |
| FY2023 | $-5.1M | $10.8M | -113% | 990 PDF |
| FY2022 Viewing | $40.0M | $11.1M | +118% | 990 PDF |
| FY2021 | $18.4M | $11.4M | +284% | 990 PDF |
| FY2020 | $4.8M | $8.7M | 990 PDF |
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Schedules filed Part IV
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