Steven F And Melinda I Roznowski Foundation is located in Williamston, MI. The organization was established in 2010. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steven F And Melinda I Roznowski Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 11/2023, Steven F And Melinda I Roznowski Foundation generated $619.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $483.5k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Steven F And Melinda I Roznowski Foundation has awarded 14 individual grants totaling $1,049,086. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS ACTIVITIES THAT HELP SUPPORT MICHIGAN COMMUNITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Roznowski President | 0 | $0 | |
Melinda Roznowski Secretary/treasury | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $400,000 |
| Interest on Savings | $2,076 |
| Dividends & Interest | $105,526 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $105,882 |
| Capital Gain Net Income | $105,882 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,389 |
| Total Revenue | $619,873 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $793 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $19,684 |
| Contributions, gifts, grants paid | $463,836 |
| Total expenses and disbursements | $483,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $302,123 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $124,570 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,577,948 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Steven F And Melinda I Roznowski Foundation has awarded $463,836 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
DIOCESE OF LANSING PURPOSE: DSA 2022 CAMPAIGN | $5,000 |
LANSING CATHOLIC HIGH SCHOOL PURPOSE: TUITION GRANT & CAP CAMPAIGN | $8,836 |
OLIVET COLLEGE PURPOSE: CAPITAL CAMPAIGN | $100,000 |
DOMINICAN SISTERS OF MARY PURPOSE: GENERAL USE | $200,000 |
ST MARY CATHOLIC SCHOOL PURPOSE: GENERAL USE | $150,000 |