Edsel B Ford Ii Fund
- Assets
- $4.1m
- Revenue
- $130.5k
- Investments
- $4.1m
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 03/1994
- Data as of
- 12/2023
- EIN
- 38-3153050
Organization Overview
Edsel B Ford Ii Fund is located in Detroit, MI. The organization was established in 1994. 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. Edsel B Ford Ii Fund 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 12/2023, Edsel B Ford Ii Fund generated $130.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $311.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Edsel B Ford Ii Fund has awarded 254 individual grants totaling $3,471,644. 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 |
|---|---|---|---|
Edsel B Ford II President / Director | 1 | $0 | |
David P Larsen Secretary | 1 | $0 | |
Thomas J Motschall Treasurer | 1 | $0 | |
Cynthia N Ford Director | 1 | $0 | |
Calvin R Ford Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,505 |
| Dividends & Interest | $65,100 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$14,905 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $71,833 |
| Total Revenue | $130,533 |
| 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 | $20 |
| Total operating and administrative expenses | $15,273 |
| Contributions, gifts, grants paid | $296,184 |
| Total expenses and disbursements | $311,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,041 |
| 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 | $4,087,714 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,121,057 |
| 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, Edsel B Ford Ii Fund has awarded $296,184 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CIVIL LIBERTIES UNION FUND OF MICHIGAN PURPOSE: PROGRAM SERVICES | $5,000 |
BEYOND BASICS PURPOSE: PROGRAM SERVICES | $2,500 |
CASS COMMUNITY SOCIAL SERVICES PURPOSE: PROGRAM SERVICES | $5,000 |
CARING ATHLETES TEAM FOR CHILDRENS AND HF HOSPITALS PURPOSE: ANNUAL FUND | $15,000 |
CHILDREN'S HOSPITAL OF MICHIGAN FOUNDATION PURPOSE: PROGRAM SERVICES | $10,000 |
CLEVELAND CLINIC INDIAN RIVER HOSPITAL PURPOSE: INNOVATION FUND | $25,000 |