1 for 2 Education Foundation

Tax-deductible

Howell, MI501(c)(3)EducationEIN 47-0993488Revenue $255K in FY2024

On file with the IRS1for2edu.com4337 E Grand River Rd 198, 48843-6583 · Howell, MITax-exempt since Aug 2014Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $24K a year · 8% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$255K
-7% vs prior year
Spent
$324K
Net assets
$79K
By yearFY2020–FY2024
Revenue
$255K
FY2024▼ -7%
Tap a bar for its year
Revenue by fiscal year
FY2020$504K
FY2021$272K
FY2022$269K
FY2023$275K
FY2024$255K
Expenses
$324K
FY2024▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$245K
FY2021$365K
FY2022$433K
FY2023$329K
FY2024$324K
Net assets
$79K
FY2024▼ -47%
Tap a bar for its year
Net assets by fiscal year
FY2020$458K
FY2021$365K
FY2022$201K
FY2023$147K
FY2024$79K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 83% · $270K Operating & administrative 17% · $54K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990-PF.

Part VII, Section A · reportable compensation
Secretary, Director
$0Pt VII · Sec A
President, Director
$0Pt VII · Sec A
Treasurer, Director
$0Pt VII · Sec A
See 1 for 2 Education Foundation executive salaries →

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Programs and updates

A private foundation based in Howell, MI.

Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 18 grants · $270K · 2024–2024
Individual RecipientFY2024$27,664
Individual RecipientFY2024$22,104
Individual RecipientFY2024$20,001
Individual RecipientFY2024$20,000
Individual RecipientFY2024$20,000
Individual RecipientFY2024$20,000
Individual RecipientFY2024$20,000
Individual RecipientFY2024$20,000
Individual RecipientFY2024$15,826
Individual RecipientFY2024$15,000
Individual RecipientFY2024$12,500
Individual RecipientFY2024$12,500
Individual RecipientFY2024$11,366
Individual RecipientFY2024$8,764
Individual RecipientFY2024$8,000
Individual RecipientFY2024$6,666
Individual RecipientFY2024$5,500
Individual RecipientFY2024$3,925

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$15K
Median grantPart XV$16K
Largest grantPart XV$28K

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$255K
Gifts and grants$249K
Investment income$6K
Money out
$324K
Grants paid$270K
Running costs$54K
Owns and owes
$79K
net assets
Cash and savings$78K
Total assets$79K
Liabilities$0
People
3
listed
Paid0
2In more detail
Revenue in detail
Gifts and grants$249K
Investment income$6K
Total revenue$255K
Assets in detailEnd of year
Cash and savings together$78K
Total assets$79K
Liabilities$0
Net assets$79K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $255K$324K−$69K$79K 990 PDF
FY2023 $275K$329K−$54K$147K 990 PDF
FY2022 $269K$433K−$164K$201K 990 PDF
FY2021 $272K$365K−$93K$365K 990 PDF
FY2020 $504K$245K$260K$458K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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