Consumers Energy Foundation
- Assets
- $55.1m
- Revenue
- -$804.6k
- Investments
- $52.0m
- Employees
- 0
- Location
- Jackson, MI
- Founding
- 06/1991
- Data as of
- 12/2023
- EIN
- 38-2935534
Organization Overview
Consumers Energy Foundation is located in Jackson, MI. The organization was established in 1991. 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. Consumers Energy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Consumers Energy Foundation has awarded 2,538 individual grants totaling $42,904,665. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garrick J Rochow Chairman & Director | 0.2 | $0 | |
Brandon J Hofmeister President And Director | 5 | $0 | |
Carolyn A Bloodworth Sec./treas./dir Thru Aug 2023 | 17.5 | $0 | |
Brian F Rich Director | 0.2 | $0 | |
Catherine A Hendrian Director | 0.2 | $0 | |
Leeroy Wells Jr Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $72,557 |
| Dividends & Interest | $724,827 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,716,505 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,114,496 |
| Total Revenue | -$804,625 |
| 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 | $4,624 |
| Total operating and administrative expenses | $100,204 |
| Contributions, gifts, grants paid | $7,820,257 |
| Total expenses and disbursements | $7,920,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,619 |
| Savings and temporary cash investments | $2,970,551 |
| 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 | $9,116,218 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $55,085,639 |
| Accounts payable and accrued expenses | $1,709,931 |
| Grants payable | $15,000 |
| 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 | $1,724,931 |
Grants Awarded
Over the last fiscal year, Consumers Energy Foundation has awarded $8,011,924 in support to 291 organizations.
| Grant Recipient | Amount |
|---|---|
A21 USA INC PURPOSE: MICHIGAN EXPANSION K-12 HUMAN TRAFFICKING PREVENTION EDUCATION & TRAINING | $5,000 |
ADVANCING MACOMB FOUNDATION PURPOSE: ADVANCING MACOMB GENERAL OPERATIONS | $5,000 |
ALBION-HOMER UNITED WAY PURPOSE: 2023 CORPORATE CONTRIBUTION | $1,200 |
ALLIANCE FOR ECONOMIC SUCCESS PURPOSE: ALLIANCE FOR ECONOMIC SUCCESS | $5,000 |
AMERICAN ASSOCIATION OF BLACKS IN ENERGY MICHIGAN CHAPTER PURPOSE: ETHICS IN ACTION-GENERGY VOICE AWARD | $250 |
AMPLIFY GR PURPOSE: BOSTON SQUARE RETAIL INCUBATOR | $50,000 |