Joyce And Don Massey Family Foundation
- Assets
- $14.4m
- Revenue
- $2.2m
- Investments
- $13.9m
- Employees
- 0
- Location
- Birmingham, MI
- Founding
- 09/2002
- Data as of
- 12/2021
- EIN
- 32-0021773
Organization Overview
Joyce And Don Massey Family Foundation is located in Birmingham, MI. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, 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. Joyce And Don Massey Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Joy Massey President | 20 | $132,000 | |
Melissa M Henaughen Secretary/treasurer | 20 | $90,000 | |
Aaron Wc Blase Vice President | 10 | $74,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $267,310 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,935,363 |
| Capital Gain Net Income | $1,935,363 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,202,673 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $296,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $40,807 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,267 |
| Total operating and administrative expenses | $452,171 |
| Contributions, gifts, grants paid | $1,500,000 |
| Total expenses and disbursements | $1,952,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,369 |
| Savings and temporary cash investments | $456,648 |
| 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 | $0 |
| Investments—other | $4,172,555 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,377,872 |
| 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 |
Grants Awarded
Over the last fiscal year, Joyce And Don Massey Family Foundation has awarded $1,500,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
REGENTS OF THE UNIVERSITY OF MICHIGAN PURPOSE: MASSEY TRAUMATIC BRAIN INJURY PROGRAMS | $1,400,000 |
UNIVERSITY OF MICHIGAN HEALTH SYSTEM PURPOSE: COVID 19 REPONSE | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH | $318,390,176 | $10,905,260 |
Mathile Family Foundation Dayton, OH | $0 | $5,909,915 |
Fund For Wisconsin Scholars Inc Madison, WI | $273,321,225 | $22,010,196 |
John W Anderson Foundation Valparaiso, IN | $342,409,938 | $34,395,256 |
Gilbert Fam Foundation Detroit, MI | $16,505,480 | $22,733,689 |
Herbert Simon Family Foundation Indianapolis, IN | $26,075,189 | $9,696,254 |
Richard And Helen Devos Foundation Grand Rapids, MI | $31,037 | $11,215,000 |
Huntington Foundation Columbus, OH | $456,967 | $10,970,786 |
Lewis W Hyer Trust 098310c Milwaukee, WI | $167,937,358 | $18,090,828 |
Franciscan Health Foundation Inc Mishawaka, IN | $46,155,507 | $9,741,999 |
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |