Serra Family Foundation
- Assets
- $3.7m
- Revenue
- $428.5k
- Investments
- $3.6m
- Employees
- 0
- Location
- Grand Blanc, MI
- Founding
- 06/1998
- Data as of
- 12/2023
- EIN
- 38-3352324
Organization Overview
Serra Family Foundation is located in Grand Blanc, MI. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Serra Family Foundation 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, Serra Family Foundation generated $428.5k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $224.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Serra Family Foundation has awarded 259 individual grants totaling $1,740,450. 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 |
|---|---|---|---|
Ann Lowney Director, VP | 0 | $0 | |
Lynne Parker-Farms Treasurer | 0 | $0 | |
Alice Serra Reid Director, VP | 0 | $0 | |
Mary Mcmahon Director, VP | 0 | $0 | |
Amy Albright Director, VP | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $210,961 |
| Interest on Savings | $29,653 |
| Dividends & Interest | $101,420 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $86,472 |
| Capital Gain Net Income | $86,472 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $428,506 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,324 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $206 |
| Total operating and administrative expenses | $37,892 |
| Contributions, gifts, grants paid | $186,100 |
| Total expenses and disbursements | $223,992 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,864 |
| Savings and temporary cash investments | $29,279 |
| 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 | $3,703,876 |
| 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, Serra Family Foundation has awarded $186,100 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
ALBION COLLEGE PURPOSE: GENERAL USE | $5,000 |
BOYS SCOUTS OF AMERICA PURPOSE: GENERAL USE | $5,000 |
C S MOTT CHILDREN'S HOSPITAL PURPOSE: GENERAL USE | $5,000 |
CHURCH OF THE HOLY FAMILY OUTREACH PURPOSE: GENERAL USE | $8,000 |
CHURCH OF THE HOLY FAMILY PURPOSE: GENERAL USE | $2,000 |
CONSERVATION RESOURCE ALLIANCE PURPOSE: GENERAL USE | $1,500 |