Granger Foundation
- Assets
- $0.0
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Lansing, MI
- Founding
- Data as of
- 12/2016
- EIN
- 38-2251879
Organization Overview
Granger Foundation is located in Lansing, MI.
For the year ending 12/2016, Granger Foundation generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 59.2% each year . All expenses for the organization totaled $10.7m during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION DOES NOT CONDUCT ACTIVITIES. MONEY IS GIVEN BY CONTRIBUTORS TO THE FOUNDATION AND PAID TO EXEMPT ORGANIZATIONS BASED ON AN APPLICATION PROCESS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alton L Granger Trustee | 2 | $0 | |
Janice M Granger Trustee | 2 | $0 | |
Ronald K Granger Trustee | 2 | $0 | |
Donna M Granger Trustee | 2 | $0 | |
Jerry P Granger Trustee | 2 | $0 | |
Lynne C Granger Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $390,000 |
| Interest on Savings | $149 |
| Dividends & Interest | $85,578 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,595,855 |
| Capital Gain Net Income | $2,595,855 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,071,582 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $39,902 |
| Total operating and administrative expenses | $39,902 |
| Contributions, gifts, grants paid | $10,697,811 |
| Total expenses and disbursements | $10,737,713 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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, Granger Foundation has awarded $10,697,811 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
ALMA FUND PURPOSE: GENERAL FUND | $21,000 |
ASPIRE RELATIONSHIP EDUCATION PURPOSE: GENERAL FUND | $12,500 |
AMERICAN RED CROSS - MID MICHIGAN CHAPTER PURPOSE: GENERAL FUND | $30,000 |
CAPITAL AREA UNITED WAY PURPOSE: GENERAL FUND | $20,000 |
CONQUEST HEALTH AND FITNESS FOUNDATION PURPOSE: GENERAL FUND | $5,000 |
ELE'S PLACE PURPOSE: GENERAL FUND | $1,000 |