Ann Arbor Area Community Foundation

Organization Overview

Ann Arbor Area Community Foundation is located in Ann Arbor, MI. The organization was established in 1965. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Ann Arbor Area Community Foundation employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ann Arbor Area Community 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, Ann Arbor Area Community Foundation generated $31.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.0% each year . All expenses for the organization totaled $13.8m during the year ending 12/2021. While expenses have increased by 17.0% 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 2018, Ann Arbor Area Community Foundation has awarded 697 individual grants totaling $28,131,757. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

AAACF DISTRIBUTES PROCEEDS FROM ITS PERMANENT ENDOWED FUNDS TO WASHTENAW COUNTY CHARITABLE ORGS.

Describe the Organization's Program Activity:

AAACF FULFILLS ITS EXEMPT PURPOSE BY GRANTING FUNDS TO A VARIETY OF TAX-EXEMPT ORGANIZATIONS, PRIMARILY IN THE WASHTENAW COUNTY AREA, THROUGH A COMPETITIVE PROCESS DETERMINED BY STAFF AND COMMUNITY LEADERS. SINCE ITS FOUNDING MORE THAN A HALF CENTURY AGO, OVER $78 MILLION HAS BEEN DISTRIBUTED THROUGH 15,500+ GRANTS AND SCHOLARSHIPS. SIGNATURE PROGRAMS INCLUDE A COMMUNITY SCHOLARSHIP PROGRAM TO INCENTIVIZE COLLEGE DEGREE ATTAINMENT BY LOCAL STUDENTS; THE EMPOWERMENT FUND, WHICH SUPPORTS YOUNG BLACK MEN IN ATTAINING EDUCATIONAL SUCCESS; ADVANCEMENT OF HEALTHY & FULFILLING AGING FOR ALL; A DEEP COMMITMENT TO HEALTH AND HUMAN SERVICES, FUNDING BOTH PROGRAMS AND SYSTEMS CHANGE; AND AN ALLOCATION OF 5% OF OUR ENDOWMENT TO LOCAL IMPACT INVESTMENTS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$17,598,711
Noncash contributions included in lines 1a–1f $8,648,098
Total Revenue from Contributions, Gifts, Grants & Similar$17,598,711
Total Program Service Revenue$6,775
Investment income $3,045,834
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,109,634
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $31,760,954

Grants Awarded

Over the last fiscal year, Ann Arbor Area Community Foundation has awarded $8,595,849 in support to 209 organizations.

Grant RecipientAmount

Ann Arbor, MI

PURPOSE: HEALTH, GENERAL AND REHABILITATIVE

$480,065

JEWISH FAMILY SERVICES OF WASHTENAW COUNTY

Org PageRecipient Profile

Ann Arbor, MI

PURPOSE: HUMAN SERVICE - MULTIPURPOSE/OTHER

$298,310

BALTIMORE HOMECOMING INC

Org PageRecipient Profile

Baltimore, MD

PURPOSE: HUMAN SERVICE - MULTIPURPOSE/OTHER

$290,000

CENTER FOR HEALTHCARE RESEARCH & TRANSFORMATION

Org PageRecipient Profile

Ann Arbor, MI

PURPOSE: SENIOR SERVICES

$272,024

HUMANE SOCIETY OF HURON VALLEY

Org PageRecipient Profile

Ann Arbor, MI

PURPOSE: ANIMAL RELATED ACTIVITIES

$227,393

YPSILANTI MEALS ON WHEELS

Org PageRecipient Profile

Ypsilanti, MI

PURPOSE: FOOD NUTRITION, AGRICULTURE

$215,338
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 23 grants that Ann Arbor Area Community Foundation has recieved totaling $7,567,863.

Awarding OrganizationAmount
Buhr Foundation

Ann Arbor, MI

PURPOSE: TERMINATION OF THE BUHR FOUNDATION INTO NINE CHARITABLE FUNDS AT THE ANN ARBOR AREA COMMUNITY FOUNDATION.

$6,532,166
Council Of Michigan Foundations Inc

Grand Rapids, MI

PURPOSE: STATE EQUITY FUND PILOT GRANT AND OTHER

$226,698
Duffy Foundation

Ann Arbor, MI

PURPOSE: USE CONSISTENT W/501(C)(3) STATUS

$170,000
Dte Energy Foundation

Detroit, MI

PURPOSE: COMMUNITY TRANSFORMATION

$150,000
River City Foundation

Grand Rapids, MI

PURPOSE: KITTENDORF FUND

$80,200
Buhr Foundation

Ann Arbor, MI

PURPOSE: TERMINATION OF THE BUHR FOUNDATION INTO NINE CHARITABLE FUNDS AT THE ANN ARBOR AREA COMMUNITY FOUNDATION.

$76,860
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$141,082,338
Earnings$35,585,126
Admin Expense$5,715,030
Net Contributions$15,269,480
Other Expense$536,371
Grants$9,280,089
Ending Balance$176,405,454

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