Charles Stewart Mott Foundation is located in Flint, MI. The organization was established in 1933. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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.
For the year ending 12/2019, Charles Stewart Mott Foundation generated $259.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $165.2m during the year ending 12/2019. While expenses have increased by 2.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Charles Stewart Mott Foundation has awarded 6,717 individual grants totaling $737,562,873. 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
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOTT AFTERSCHOOL APP. THE GOAL OF THIS FOUNDATION-ADMINISTERED PROJECT (FAP) IS TO LEVERAGE TECHNOLOGY TO IMPROVE AFTERSCHOOL PROGRAMMING ACROSS THE UNITED STATES. SPECIFICALLY, THIS APP SUPPORTS THE DEVELOPMENT OF A MOBILE WEB APPLICATION THAT WILL PROVIDE AFTERSCHOOL PROFESSIONALS AND OTHER EDUCATORS WITH EASY AND EQUITABLE ACCESS TO HIGH-QUALITY EDUCATIONAL CONTENT AND PROFESSIONAL DEVELOPMENT RESOURCES. THE APP WILL CURATE CONTENT FROM BRANDED PARTNERS AS WELL AS CURRICULA GENERATED BY EXPERTS IN THE FIELD AND INCLUDE A WIDE RANGE OF ENGAGING TOPICS AND THEMES THAT ENGAGE STUDENTS IN LEARNING, SUCH AS ROBOTICS, SPORTS, AND ARTS. THROUGH THE APP THIS PROJECT SEEKS TO PROVIDE EQUITABLE ACCESS FOR ALL CHILDREN TO THE BEST EDUCATIONAL RESOURCES AVAILABLE IN THE AFTERSCHOOL SPACE.
PROMOTING COMMUNITY FOUNDATION CONCEPT AND PRACTICE. THIS FOUNDATION-ADMINISTERED PROJECT (FAP) PROMOTED THE CONCEPT AND PRACTICE OF COMMUNITY FOUNDATIONS IN SELECT COUNTRIES WHERE VERY FEW OR NO COMMUNITY FOUNDATIONS EXIST. BASED ON PRELIMINARY RESEARCH, THE SCOPE OF THE PROJECT INCLUDED AS MAIN BENEFICIARIES THE FOLLOWING COUNTRIES: GHANA, KENYA, AUSTRIA, SPAIN, PORTUGAL, ARGENTINA, CHILE, COLUMBIA, COSTA RICA, ECUADOR, PERU, AND URUGUAY. THE PROJECT ACTIVITIES INCLUDED INCREASING THE KNOWLEDGE AND UNDERSTANDING OF THE COMMUNITY FOUNDATION CONCEPT AMONG LOCAL PROFESSIONALS IN THE FIELD OF PHILANTHROPY; RESEARCHING THE POTENTIAL FOR DEVELOPING COMMUNITY FOUNDATIONS; AND STIMULATING DIALOGUE AMONG KEY STAKEHOLDERS ABOUT THE VALUE COMMUNITY FOUNDATIONS ADD TO THEIR COMMUNITIES AND THE LOCAL PHILANTHROPIC FIELD. AS A RESULT, OVER 600 CIVIC LEADERS, COMMUNITY DEVELOPMENT PRACTITIONERS AND EXPERTS, MEDIA AND GOVERNMENT REPRESENTATIVES LEARNED ABOUT THE COMMUNITY FOUNDATION MODEL.
ADVANCING AFTERSCHOOL TECHNICAL ASSISTANCE. THIS FOUNDATION-ADMINISTERED PROJECT (FAP) HELPED TO FURTHER THE FOUNDATION'S EFFORTS TO PROVIDE TECHNICAL ASSISTANCE IN THE AREAS OF AFTERSCHOOL POLICY, PRACTICE AND SUSTAINABILITY. THROUGH THIS FAP, THE FOUNDATION COMMISSIONED A CONSULTANT TO: 1) PROMOTE UNDERSTANDING OF MAJOR POLICY OR OTHER DEVELOPMENTS IN THE AFTERSCHOOL, COMMUNITY LEARNING, AND EXPANDED LEARNING FIELDS; 2) DEVELOP STRATEGIES TO ADVANCE THE STATEWIDE AFTERSCHOOL NETWORKS; 3) ASSIST IN THE PREPARATION AND IMPLEMENTATION OF THE NATIONAL NETWORK OF STATE AFTERSCHOOL NETWORKS' MEETING; AND 4) PARTICIPATE IN MEETINGS AND CONFERENCES WITH OTHER EDUCATION STAKEHOLDERS.
EXPANDING QUALITY AFTERSCHOOL. THIS FOUNDATION-ADMINISTERED PROJECT (FAP) HELPED TO FURTHER THE FOUNDATION'S EFFORTS TO PROVIDE SUPPORT TO THE STATEWIDE AFTERSCHOOL NETWORKS AND EDUCATION LEADERS IN THE AREAS OF AFTERSCHOOL POLICY, QUALITY AND STUDENT IMPACT. THROUGH THIS FAP, THE FOUNDATION COMMISSIONED A CONSULTANT TO: 1) SUPPORT THE NETWORKS TO CREATE NEW MOMENTUM AND INITIATIVES IN SUPPORT OF AFTERSCHOOL AND COMMUNITY SCHOOLS ACROSS ALL 50 STATES, INCLUDING IN NEW MEXICO, MARYLAND AND PENNSYLVANIA; 2) PROVIDE TECHNICAL ASSISTANCE AND SUPPORT TO DEVELOP STRATEGIES TO AMPLIFY AFTERSCHOOL IN NEBRASKA, OREGON, TEXAS AND WISCONSIN; 3) ASSIST NETWORKS TO DEVELOP NEW KEY CHAMPIONS AND CREATE PARTNERSHIPS WITH STATE EDUCATION SYSTEMS; 4) PROVIDE TECHNICAL ASSISTANCE TO THE FLINT TEAM IN SUPPORT OF STRATEGIES FOR FLINT COMMUNITY SCHOOLS; AND 6) PRESENTED AT VARIOUS NATIONAL CONVENINGS IN SUPPORT OF THE FOUNDATION'S PRIORITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Trustee | 2 | $0 | |
Stephen Vessells Investment Manager | 35 | $601,568 | |
Cheryl Garneau Investment Manager | 35 | $499,669 | |
Ken Austin Investment Manager | 35 | $469,252 | |
Karen Aldridge-Eason Foundation Liaison | 35 | $233,064 | |
Shannon Lawder Dir-Civil Society | 35 | $223,533 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Jason Ricci | 12/30/19 | $1,984,663 |
Bodman Plc | 12/30/19 | $727,966 |
Greenhill & Co Llc | 12/30/19 | $706,493 |
Lsv Asset Management | 12/30/19 | $678,063 |
Focused Investors Llc | 12/30/19 | $545,946 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $207,562 |
Dividends & Interest | $29,338,619 |
Net Rental Income | -$1,334,779 |
Net Gain on Sale of Assets | $24,959,930 |
Capital Gain Net Income | $240,148,954 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $204,261,107 |
Total Revenue | $259,645,439 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $3,166,939 |
Other employee salaries and wages | $9,290,873 |
Pension plans, employee benefits | $7,592,083 |
Interest | $0 |
Taxes | $3,554,517 |
Depreciation | $163,783 |
Occupancy | $1,828,034 |
Travel, conferences, and meetings | $1,037,016 |
Printing and publications | $212,970 |
Other expenses | $1,031,388 |
Total operating and administrative expenses | $32,807,504 |
Contributions, gifts, grants paid | $132,378,460 |
Total expenses and disbursements | $165,185,964 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $24,146 |
Savings and temporary cash investments | $80,090,599 |
Net Accounts receivable | $97,093 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $1,500,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $426,203 |
Net Investments - land, buildings, equipment | $3,122,305 |
Investments—mortgage loans | $0 |
Investments—other | $2,184,771,482 |
Net Land, buildings, and equipment | $3,602,651 |
Other assets | $1,189,707 |
Total assets | $3,194,986,402 |
Accounts payable and accrued expenses | $2,836,402 |
Grants payable | $29,941,947 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $54,518,594 |
Total liabilities | $87,296,943 |
Over the last fiscal year, Charles Stewart Mott Foundation has awarded $155,342,266 in support to 1,260 organizations.
Grant Recipient | Amount |
---|---|
FLINT DISTRICT LIBRARY PURPOSE: TO SUPPORT THE LOCAL LIBRARY WITH BUILDING RENOVATIONS THAT ARE ALIGNED WITH ITS MISSION TO SERVE THE COMMUNITY AND TO ACHIEVE OPERATING EFFICIENCIES. | $15,000,000 |
Flint, MI PURPOSE: TO SUPPORT THE CONSTRUCTION OF A NEW BUILDING AT AN ANCHOR INSTITUTION IN FLINT THAT PROVIDES STEM DEGREES AND COOPERATIVE EDUCATION EXPERIENCES. | $12,500,000 |
Flint, MI PURPOSE: TO SUPPORT THE DEVELOPMENT AND CONSTRUCTION OF A STEAM-FOCUSED SCHOOL THAT WOULD PROVIDE ANOTHER AVENUE FOR HIGH QUALITY EDUCATIONAL OPPORTUNITIES FOR RESIDENTS IN THE REGION. | $5,771,000 |
Flint, MI PURPOSE: TO RENOVATE, UPDATE, AND EXPAND A MUSEUM FOR FAMILIES AND PATRONS TO DISCOVER, EXPLORE, AND VALUE SCIENCE, TECHNOLOGY AND HISTORY THROUGH ENGAGING LEARNING EXPERIENCES. | $4,375,816 |
Flint, MI PURPOSE: TO SUPPORT AN ENDOWMENT FUND FOR THE FLINT CULTURAL CENTER INSTITUTIONS. | $4,000,000 |
Flint, MI PURPOSE: TO PROVIDE A RESEARCH-BASED, HIGH-QUALITY AFTERSCHOOL PROGRAM MODEL TO STUDENTS WITH THE GREATEST NEEDS IN FLINT AND GENESEE COUNTY. | $3,663,645 |
Over the last fiscal year, we have identified 1 grants that Charles Stewart Mott Foundation has recieved totaling $158,000.
Awarding Organization | Amount |
---|---|
Council Of Michigan Foundations Inc Grand Haven, MI PURPOSE: OFFICE OF THE FOUNDATION LIAISON SUPPORT | $158,000 |
Organization Name | Assets | Revenue |
---|---|---|
Lilly Endowment Inc Indianapolis, IN | $21,002,095,929 | $929,189,401 |
Charles Stewart Mott Foundation Flint, MI | $3,194,986,402 | $259,645,439 |
Lumina Foundation For Education Inc Indianapolis, IN | $1,274,092,392 | $124,890,321 |
John J & Mary R Schiff Foundation Cincinnati, OH | $180,733,511 | $18,837,638 |
Ford Motor Co Fund Dearborn, MI | $0 | $2,192,979 |
George Gund Foundation Cleveland, OH | $464,657,090 | $60,439,146 |
American Electric Power Foundation Columbus, OH | $110,474,087 | $55,374,056 |
Strivetogether Inc Cincinnati, OH | $8,381,463 | $30,982,246 |
The Samuel And Jean Frankel Jewish Heritage Foundation Troy, MI | $179,152,893 | $11,860,034 |
Ag Foundation East Liverpool, OH | $95,000,251 | $2,221,037 |
Wege Foundation Grand Rapids, MI | $286,190,867 | $23,139,359 |
The Ariel Foundation Mount Vernon, OH | $44,652,057 | $11,140,431 |