Mt Pleasant Area Community Foundation Inc

Organization Overview

Mt Pleasant Area Community Foundation Inc is located in Mt Pleasant, MI. The organization was established in 1990. 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, Mt Pleasant Area Community Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt Pleasant Area Community Foundation Inc 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 12/2021, Mt Pleasant Area Community Foundation Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 7 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 2016, Mt Pleasant Area Community Foundation Inc has awarded 129 individual grants totaling $4,202,783. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENHANCE THE QUALITY OF LIFE FOR ALL CITIZENS OF ISABELLA COUNTY, NOW AND FOR GENERATIONS TO COME, BY ATTRACTING AND HOLDING PERMANENT, ENDOWED FUNDS FROM A WIDE RANGE OF DONORS, ADDRESSING THE NEEDS THROUGH GRANT MAKING, AND PROVIDING LEADERSHIP ON KEY COMMUNITY ISSUES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION IS A COLLECTION OF LOCAL FUNDS GIVEN BY INDIVIDUALS, CORPORATIONS, AND FOUNDATIONS TO ENHANCE AND SUPPORT THE QUALITY OF LIFE FOR ALL THE PEOPLE IN THE MT. PLEASANT AREA. IN ADDITION TO MANAGING CHARITABLE CONTRIBUTIONS ON BEHALF OF DONORS, THE MT. PLEASANT AREA COMMUNITY FOUNDATION SERVES ISABELLA COUNTY THROUGH THE AWARDING OF GRANTS TO CHARITABLE ORGANIZATIONS TOTALING 538,468 AND SCHOLARSHIPS TO STUDENTS TOTALING 127,100 IN 2021. THE COMMUNITY FOUNDATION'S LARGEST GRANTS IN 2021 WERE AWARDED TO THE MOUNT PLEASANT DISCOVERY MUSEUM, ISSUE MEDIA GROUP, AND MIDMICHIGAN HEALTH FOUNDATION.


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Board, Officers & Key Employees

Name (title)Compensation
Amanda Schafer
Ceo/coo
$89,297
Cheryl Gaudard
Vice Preside
$0
Marcie Otteman
Secretary
$0
Mary Ann O'neil
President
$0
Brian Rush
Treasurer
$0
Paul Alexander
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$49,092
Related organizations$0
Government grants $23,781
All other contributions, gifts, grants, and similar amounts not included above$1,881,248
Noncash contributions included in lines 1a–1f $251,766
Total Revenue from Contributions, Gifts, Grants & Similar$1,954,121
Total Program Service Revenue$51,779
Investment income $611,407
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $654,367
Net Income from Fundraising Events $1,160
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,279,905

Grants Awarded

Over the last fiscal year, Mt Pleasant Area Community Foundation Inc has awarded $444,022 in support to 23 organizations.

Grant RecipientAmount

MT PLEASANT DISCOVERY MUSEUM

Org PageRecipient Profile

Mt Pleasant, MI

PURPOSE: MORTGAGE/EXHIBIT

$77,285

ISSUE MEDIA GROUP

PURPOSE: EPICENTER MP

$59,000

MIDMICHIGAN HEALTH

Org PageRecipient Profile

Midland, MI

PURPOSE: HOSPICE CARE

$37,405

FREMONT TOWNSHIP OF ISABELLA COUNTY

PURPOSE: PARK PLAYGROUND

$28,666

MT PLEASANT FIRE DEPARTMENT

PURPOSE: RADIOS

$26,282

LIFE CHOICES OF CENTRAL MICHIGAN

Org PageRecipient Profile

Mt Pleasant, MI

PURPOSE: RN SALARIES

$22,368
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Mt Pleasant Area Community Foundation Inc has recieved totaling $101,565.

Awarding OrganizationAmount
W E Martin Foundation

Mt Pleasant, MI

PURPOSE: WE MARTIN FD FOR FUTURE COMM PROJ

$90,565
W E Martin Foundation

Mt Pleasant, MI

PURPOSE: WOMEN'S INITIATIVE FD

$10,000
W E Martin Foundation

Mt Pleasant, MI

PURPOSE: GENERAL

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$24,676,038
Earnings$3,807,202
Admin Expense$383,047
Net Contributions$1,858,866
Grants$689,962
Ending Balance$29,269,097

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