James C Acheson Foundation
- Assets
- $16.3m
- Revenue
- $758.2k
- Investments
- $14.4m
- Employees
- 0
- Location
- Port Huron, MI
- Founding
- 09/2001
- Data as of
- 12/2020
- EIN
- 38-3463509
Organization Overview
James C Acheson Foundation is located in Port Huron, MI. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. James C Acheson 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 12/2020, James C Acheson Foundation generated $758.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $1.1m during the year ending 12/2020. While expenses have increased by 4.0% per year over the past 6 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, James C Acheson Foundation has awarded 143 individual grants totaling $3,154,515. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
MCLAREN HOSPITAL PORT HURON - PROVIDE SUPPORT FOR THE CATH LAB AND MCLAREN BIRTH PLACE
COMMUNITY FOUNDATION OF ST. CLAIR COUNTY - PROVIDE OPERATIONAL SUPPPORT AND GRANTS FOR LOCAL PROGRAMMING
BLUE WATER COMMUNITY ACTION AGENCY - PROVIDE OPERATIONAL SUPPORT
STUDIO 1219 - PROVIDE OPERATIONAL SUPPORT
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James C Acheson President | 0 | $0 | |
Donna M Niester Sec/treasure | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $162 |
| Dividends & Interest | $217,965 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $474,676 |
| Capital Gain Net Income | $493,843 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $65,415 |
| Total Revenue | $758,218 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $108,000 |
| Pension plans, employee benefits | $8,395 |
| Interest | $0 |
| Taxes | $31,725 |
| Depreciation | $35,016 |
| Occupancy | $19,462 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $169,483 |
| Total operating and administrative expenses | $472,662 |
| Contributions, gifts, grants paid | $613,166 |
| Total expenses and disbursements | $1,085,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $272,376 |
| 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 | $538,640 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,250,000 |
| Net Land, buildings, and equipment | $1,089,090 |
| Other assets | $0 |
| Total assets | $16,298,292 |
| Accounts payable and accrued expenses | $10,454 |
| 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 | $10,454 |
Grants Awarded
Over the last fiscal year, James C Acheson Foundation has awarded $613,166 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
Port Huron, MI PURPOSE: GENERAL SUPPORT | $90,563 |
Port Huron, MI PURPOSE: GENERAL SUPPORT | $66,700 |
MCLAREN BIRTHPLACE PURPOSE: GENERAL SUPPORT | $60,000 |
Port Huron, MI PURPOSE: GENERAL SUPPORT | $59,750 |
MCLAREN FOUNDATION- CATH LAB PURPOSE: GENERAL SUPPORT | $50,000 |
ST CLAIR COUNTY CHILD ABUSE PURPOSE: GENERAL SUPPORT | $45,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that James C Acheson Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Fair Food Network Ann Arbor, MI PURPOSE: FUND DOUBLE UP FOOD BUCKS-STORES & MKTS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Carol Ann And Ralph V Haile Jr Foundation Cincinnati, OH | $318,390,176 | $10,905,260 |
Mathile Family Foundation Dayton, OH | $0 | $5,909,915 |
Fund For Wisconsin Scholars Inc Madison, WI | $273,321,225 | $22,010,196 |
John W Anderson Foundation Valparaiso, IN | $342,409,938 | $34,395,256 |
Gilbert Fam Foundation Detroit, MI | $16,505,480 | $22,733,689 |
Herbert Simon Family Foundation Indianapolis, IN | $26,075,189 | $9,696,254 |
Richard And Helen Devos Foundation Grand Rapids, MI | $31,037 | $11,215,000 |
Huntington Foundation Columbus, OH | $456,967 | $10,970,786 |
Lewis W Hyer Trust 098310c Milwaukee, WI | $167,937,358 | $18,090,828 |
Franciscan Health Foundation Inc Mishawaka, IN | $46,155,507 | $9,741,999 |
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |