Alden & Vada Dow Fund
- Assets
- $11.1m
- Revenue
- $605.7k
- Investments
- $9.7m
- Employees
- 0
- Location
- Midland, MI
- Founding
- 04/1962
- Data as of
- 12/2022
- EIN
- 38-6058512
Organization Overview
Alden & Vada Dow Fund is located in Midland, MI. The organization was established in 1962. 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. Alden & Vada Dow 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 12/2022, Alden & Vada Dow Fund generated $605.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $820.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Alden & Vada Dow Fund has awarded 82 individual grants totaling $2,098,000. 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 |
|---|---|---|---|
Michael Lloyd Dow Pres/trustee | 1 | $0 | |
Bonnie Kendall Mills Tres/trustee | 1 | $0 | |
Elizabeth Dow Lewis Sec/trustee | 1 | $0 | |
Michael Lorence Dow Trustee | 1 | $0 | |
Christopher B Mills Trustee | 1 | $0 | |
Barbara Dow Carras Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18,961 |
| Dividends & Interest | $242,032 |
| Net Rental Income | $23,284 |
| Net Gain on Sale of Assets | $314,132 |
| Capital Gain Net Income | $314,132 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $605,725 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $37,812 |
| Pension plans, employee benefits | $8,208 |
| Interest | $0 |
| Taxes | $22,876 |
| Depreciation | $7,316 |
| Occupancy | $18,037 |
| Travel, conferences, and meetings | $1,295 |
| Printing and publications | $0 |
| Other expenses | $21,961 |
| Total operating and administrative expenses | $152,919 |
| Contributions, gifts, grants paid | $668,000 |
| Total expenses and disbursements | $820,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,046,013 |
| Net Accounts receivable | $10,251 |
| 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 | $322,992 |
| Other assets | $0 |
| Total assets | $11,110,159 |
| 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 | $7,008 |
| Total liabilities | $7,008 |
Grants Awarded
Over the last fiscal year, Alden & Vada Dow Fund has awarded $668,000 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
ALDEN AND VADA DOW CREATIVITY FOUND PURPOSE: OPERATING | $8,850 |
AMERICAN NATIONAL RED CROSS PURPOSE: OPERATING | $10,000 |
ARC OF MIDLAND PURPOSE: OPERATING | $25,000 |
ARC OF MID-MICHIGAN PURPOSE: OPERATING | $17,450 |
BOTANICAL GARDEN SOCIETY OF NW MI PURPOSE: OPERATING | $30,000 |
BAY AREA WOMEN'S CENTER PURPOSE: OPERATING | $25,000 |