Savage Foundation
- Assets
- $99.9k
- Revenue
- -$102.2k
- Investments
- $0.0
- Employees
- 0
- Location
- East Lansing, MI
- Founding
- 07/1995
- Data as of
- 12/2022
- EIN
- 38-3226603
Organization Overview
Savage Foundation is located in East Lansing, MI. The organization was established in 1995. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Savage 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 2016, Savage Foundation has awarded 94 individual grants totaling $148,500. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James M Savage President | 0.01 | $0 | |
Mary T Savage Sec./treas. | 0.01 | $0 | |
Justin R Savage Board Member | 0.01 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $65 |
| Dividends & Interest | $660 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$102,932 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$102,207 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $242 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $646 |
| Total operating and administrative expenses | $1,853 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $21,853 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $99,933 |
| 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 | $99,933 |
| 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, Savage Foundation has awarded $20,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ADVENT HOUSE MINISTRIES PURPOSE: HOMELESS SHELTER | $2,000 |
BURCHAM HILLS FOUNDATION PURPOSE: ELDERLY CARE FACILITY | $1,000 |
ELE'S PLACE PURPOSE: SUPPORT FOR GRIEVING CHILDREN | $1,000 |
EVANS SCHOLARS FOUNDATION PURPOSE: EDUCATIONAL INSTITUTION | $1,000 |
GREATER LANSING FOOD BANK PURPOSE: FOOD BANK | $5,000 |
KELLOGG SCHOOL OF MGT PURPOSE: EDUCATIONAL INSTITUTION | $500 |