Midland Area Community Foundation

Organization Overview

Midland Area Community Foundation is located in Midland, MI. The organization was established in 1973. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Midland Area Community Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midland Area Community 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 12/2020, Midland Area Community Foundation generated $12.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $9.6m during the year ending 12/2020. While expenses have increased by 11.4% per year over the past 6 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, Midland Area Community Foundation has awarded 618 individual grants totaling $22,573,316. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION IS TO PROVIDE PHILANTHROPIC LEADERSHIP TO STRENGTHEN OUR COMMUNITY BY FOSTERING COLLABORATION AND GIVING TODAY AND IN THE FUTURE. SINCE 1973, MIDLAND AREA COMMUNITY FOUNDATION HAS PROVIDED AN AVENUE FOR INDIVIDUALS AND ORGANIZATIONS TO CHANGE THE COMMUNITY THROUGH PHILANTHROPIC GIVING. MACF AWARDS GRANTS AND SCHOLARSHIPS, OFFERS THE ABILITY FOR INDIVIDUALS AND FAMILIES TO INVEST IN THE COMMUNITY, AND SERVES AS A CATALYST FOR COLLABORATION AND CHANGE BY LEADING COMMUNITY DIALOGUE AND ACTION ON CRITICAL ISSUES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CARING FOR OUR PEOPLE (HUMAN SERVICES, SOCIAL SERVICES, POVERTY,HOUSING, MENTAL AND PHYSICAL HEALTH, AND PUBLIC SAFETY) - THE LOCAL COMMUNITY PROVIDES A COORDINATED AND COMPREHENSIVE SYSTEM OF SUPPORTIVE HEALTH AND HUMAN SERVICES SO THAT ALL MAY THRIVE. THE FOUNDATION ENCOURAGES SELF- SUFFICIENCY AND ACCEPTS ITS RESPONSIBILITY TO COLLABORATE TO CREATE THE SAFEST COMMUNITY IN THE COUNTRY.


DEVELOPING OUR TALENT (TALENT, EDUCATION, YOUTH DEVELOPMENT, AND ENGAGEMENT) - THE LOCAL AREA OFFERS HIGH QUALITY EDUCATION AND LEARNING OPPORTUNITIES THROUGHOUT LIFE, AND THE COMMUNITY NURTURES A SKILLED WORKFORCE AND PLACES HIGH VALUE ON POST-SECONDARY LEARNING. THE FOUNDATION PROVIDES OPPORTUNITIES FOR CHILDREN AND YOUTH TO REALIZE THEIR HOPES AND DREAMS.


ENRICHING OUR COMMUNITY (ARTS, CULTURE, ENTERTAINMENT, RECREATION, DIVERSITY, COMMUNITY LEADERSHIP, AND ENVIRONMENT) - THE LOCAL AREA IS A VIBRANT HUB OF ARTS, CULTURE, ENTERTAINMENT AND RECREATIONAL OPPORTUNITIES. THE FOUNDATION IS COMMITTED TO EQUALITY AND INCLUSION, AND WELCOMES, EMBRACES, AND ACCEPTS ALL PEOPLE. THE LOCAL AREA IS A SUSTAINABLE COMMUNITY THAT VALUES AND PROTECTS ITS NATURAL RESOURCES.


BUILDING OUR LIVELIHOOD (ECONOMIC DEVELOPMENT AND INFRASTRUCTURE) - THE LOCAL AREA CREATES AND SUSTAINS COMPETITIVE ADVANTAGES FOR EXISTING AND FUTURE BUSINESSES. THE FOUNDATION IS WELL-CONNECTED AND INVESTS IN PHYSICAL AND TECHNOLOGICAL INFRASTRUCTURE.


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Board, Officers & Key Employees

Name (title)Compensation
Sharon Mortensen
President/ce
$167,314
Kyle Fahrner
CFO
$120,646
Jeff Hert
Treasurer
$0
Dave Marsh
Board Chair
$0
Michael Rogers
Secretary
$0
Duncan Stuart
Past Board
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$8,964,147
Investment income $2,020,292
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $878,365
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,959,875

Grants Awarded

Over the last fiscal year, Midland Area Community Foundation has awarded $3,860,821 in support to 102 organizations.

Grant RecipientAmount

MIDLAND CENTER FOR THE ARTS

Org PageRecipient Profile

Midland, MI

PURPOSE: ARTS

$253,023

MIDLAND BUSINESS ALLIANCEFOUNDATION

Org PageRecipient Profile

Midland, MI

PURPOSE: COMMUNITY

$233,183

COUNTY OF MIDLAND

PURPOSE: COMMUNITY

$215,373

UNITED WAY OF MIDLAND COUNTY

Org PageRecipient Profile

Midland, MI

PURPOSE: COMM/HUMAN SERVICES

$205,788

THE LITTLE FORKS CONSERVANCY

Org PageRecipient Profile

Midland, MI

PURPOSE: ENVIRONMENT

$169,506

UNIVERSITY OF CALIFORNIA BERKELEYFOUNDATION

Org PageRecipient Profile

Berkeley, CA

PURPOSE: EDUCATION

$150,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 19 grants that Midland Area Community Foundation has recieved totaling $262,386.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$65,462
Delta Foundation

Glenview, IL

PURPOSE: GENERAL

$55,000
Patricia And David Kepler Foundation

Wilmington, DE

PURPOSE: GLADWIN COUNTY COMMUNITY FOUNDATION FLOOD RELIEF FUND

$46,000
The Dean Family Foundation

Venice, FL

PURPOSE: CHARITY

$25,000
Petoskey-Harbor Springs Area Community Foundation

Petoskey, MI

PURPOSE: TOM HOLDER GOLF SCHOLARSHIP FUND #692

$20,000
Mary C Currie Foundation

Midland, MI

PURPOSE: SANFORD RECOVERY/MHCY PROJECTS

$15,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$101,913,185
Earnings$15,763,125
Admin Expense-$2,141,377
Net Contributions$5,119,533
Grants-$3,799,211
Ending Balance$116,855,255

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