Venture Global Engineering Foundation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sterling Heights, MI
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 81-0697435
Organization Overview
Venture Global Engineering Foundation is located in Sterling Heights, MI. The organization was established in 2016. 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. Venture Global Engineering 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, Venture Global Engineering Foundation generated $3.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (50.1%) each year. All expenses for the organization totaled $11.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Venture Global Engineering Foundation has awarded 32 individual grants totaling $1,092,500. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
RAISE FUNDS FOR CHARITIES IN THE LOCAL COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John F Murphy President | 5 | $0 | |
Christina Muir-Murphy Vice President | 5 | $0 | |
Stacey Mcbee Treasurer | 1 | $0 | |
Jessica Muir Secretary | 1 | $0 | |
Nick Demiro Director | 1 | $0 | |
Jim Deliz Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,450 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,450 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $11,229 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Venture Global Engineering Foundation has awarded $313,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
THE CASSIE HINES SHOES CANCER FOUNDATION INC PURPOSE: CAMP FUNDING FOR CHILDREN WITH CANCER | $12,000 |
DRYDEN HIGH SCHOOL ATHLETICS PURPOSE: TO SUPPORT HIGH SCHOOL ATHLETICS | $12,000 |
LEONARD ELEMENTARY SCHOOL PURPOSE: FUNDING FOR AFTER SCHOOL PROGRAMS | $14,000 |
STEVENSON HIGH SCHOOL BAND PURPOSE: FUNDING FOR MUSIC EDUCATION | $38,000 |
ROMEO HIGH SCHOOL BAND PURPOSE: FUNDING FOR MUSIC EDUCATION | $25,000 |
THE BELIEVE FOUNDATION PURPOSE: FUNDING FOR CANCER RESEARCH | $120,000 |