Dr Michael R Hourani Family Foundation
- Assets
- $31.4k
- Revenue
- $200.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Lansing, MI
- Founding
- Data as of
- 12/2023
- EIN
- 87-3690264
Organization Overview
Dr Michael R Hourani Family Foundation is located in Lansing, MI. 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. Dr Michael R Hourani Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2023, Dr Michael R Hourani Family Foundation has awarded 14 individual grants totaling $168,500. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hourani President/director | 1 | $0 | |
Jane Hourani Director | 1 | $0 | |
Raji Hourani Director | 1 | $0 | |
Paul Hourani Director | 1 | $0 | |
Adam Hourani Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $3 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $200,003 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $150 |
| Contributions, gifts, grants paid | $168,500 |
| Total expenses and disbursements | $168,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,353 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $31,353 |
| 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, Dr Michael R Hourani Family Foundation has awarded $168,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ST GERARD CATHOLIC CHURCH PURPOSE: GENERAL FUND | $5,000 |
MCLAREN GREATER LANSING FOUNDATION PURPOSE: GENERAL FUND | $40,000 |
CITY RESCUE MISSION LANSING PURPOSE: GENERAL FUND | $1,000 |
GREAT LAKES CENTER FOR THE ARTS PURPOSE: GENERAL FUND | $45,000 |
MCLAREN NORTHERN MICHIGAN FOUNDATION PURPOSE: GENERAL FUND | $1,500 |
NORTH CENTRAL MICHIGAN COLLEGE PURPOSE: GENERAL FUND | $25,000 |