William And Lisa Ford Foundation
- Assets
- $10.5m
- Revenue
- $3.1m
- Investments
- $9.1m
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 03/1999
- Data as of
- 12/2021
- EIN
- 38-3441138
Organization Overview
William And Lisa Ford Foundation is located in Detroit, MI. The organization was established in 1999. According to its NTEE Classification (T30) the organization is classified as: Public 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. William And Lisa Ford 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 12/2021, William And Lisa Ford Foundation generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 49.6% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 14.0% 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 2014, William And Lisa Ford Foundation has awarded 213 individual grants totaling $17,693,050. 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 |
|---|---|---|---|
David P Larsen Secretary | 0.25 | $0 | |
Lisa V Ford Director | 0.25 | $0 | |
Eleanor Ford Cobb Director | 0.25 | $0 | |
Michael J Montgomery Treasurer | 0.25 | $0 | |
William Clay Ford Jr President/director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $41,762 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,942,336 |
| Capital Gain Net Income | $2,940,198 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $82,694 |
| Total Revenue | $3,066,792 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $46,096 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20 |
| Total operating and administrative expenses | $89,128 |
| Contributions, gifts, grants paid | $1,217,600 |
| Total expenses and disbursements | $1,306,728 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,455,938 |
| Savings and temporary cash investments | $0 |
| 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 | $9,078,047 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $11,976 |
| Total assets | $10,545,961 |
| 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, William And Lisa Ford Foundation has awarded $2,053,600 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
THE HENRY FORD PURPOSE: INNOVATION PROJECT CAMPAIGN | $451,000 |
THE HENRY FORD PURPOSE: 6TH INSTALL INNOVATION PRJT | $425,000 |
Detroit, MI PURPOSE: CENTER FOR CUTANEOUS ONCOLOGY | $300,000 |
Detroit, MI PURPOSE: CENTER FOR CUTANEOUS ONCOLOGY | $300,000 |
Washington, DC PURPOSE: WORLD CHALLENGE | $200,000 |
UNIVERSITY OF MICHIGAN PURPOSE: JOHN F. GREDEN, M. D. LEGACY RESEARCH FUND | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communtiy Foundation Of The Holland Zeeland Area Holland, MI | $102,848,837 | $16,439,772 |
Comerica Charitable Tr Detroit, MI | $75,789,432 | $13,296,605 |
New Albany Community Foundation New Albany, OH | $19,894,351 | $7,914,986 |
Porter County Government Charitable Nonprofit Foundation Inc Valparaiso, IN | $195,277,590 | $7,720,193 |
The Wayne And Joan Webber Foundation Clinton Township, MI | $34,958,708 | $9,275,748 |
United Way Of Greater Stark County Inc Canton, OH | $15,976,372 | $6,358,831 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |
Licking County Foundation Newark, OH | $148,770,755 | $12,459,784 |
Hope Gospel Mission Inc Eau Claire, WI | $10,860,307 | $6,194,588 |
Detroit Childrens Fund Detroit, MI | $4,764,612 | $6,678,705 |
Foundations Of East Chicago Inc East Chicago, IN | $37,687,185 | $5,519,397 |
Sisters Of Charity Foundation Of South Carolina Cleveland, OH | $112,898,417 | $3,663,141 |