Community Foundation For Southeast Michigan
87% goes to programs $1 to raise $100 Strong reserves
Community Foundation For Southeast Michigan is a 501(c)(3) organization based in Detroit, Michigan, registered in 1984, with $246,111,003 in FY2024 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
333 W Fort St Ste 2010, Detroit, MI, 48226 EIN 38-2530980 Since 1984
Revenue (FY2024)
$246.1M
▲ 92.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$131.2M
Net assets
$1.2B
Employees
83
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating87% to programs · $1 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Community Foundation For Southeast Michigan: 87% to programs · $1 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating108 mo reserves · +47% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Community Foundation For Southeast Michigan: 108 mo reserves · +47% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Community Foundation For Southeast Michigan: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Community Foundation For Southeast Michigan: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To enhance the quality of life in southeast michigan. we promote and facilitate permanent positive change through thoughtful philanthropy, and we help donors invest in organizations they care about nationwide.
What they do
The michigan justice fund (mjf) is a funders' collaborative that makes investments to stem the flow of individuals into the criminal justice system, support the investment of public dollars to community-driven alternatives to incarceration, and ensure that those who are returning home after incarceration receive the support they need to flourish. the michigan justice fund is comprised of michigan-based and national funders dedicated to advancing justice reform and the economic mobility of individuals with criminal convictions in michigan. in 2024, mjf funded $3.7mm in grants to nonprofit organizations that support justice reform.
The detroit regional workforce partnership exists to cultivate an environment where businesses, government entities, and educational institutions collaborate seamlessly ensuring that a robust and dynamic talent pool has access to the employment opportunities that propel southeast michigan towards sustained economic growth.
Through its grantmaking, the community foundation for southeast michigan seeks to build a stronger, more competitive region by encouraging regional thinking and cooperation, fostering innovation and creative solutions, and leveraging additional resources for area organizations and communities. schedule i lists organizations supported and grants awarded in 2024.
Contact & location
- Address
- 333 W Fort St Ste 2010, Detroit, MI, 48226
- City
- Detroit
- State
- Michigan
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $119.3M (FY2020) to $246.1M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $22.0MNet assets $1.2B
Operating margin
46.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2B
Total liabilities
$22.0M
Net assets
$1.2B
Salaries & benefits
$10.1M
8% of expenses
Board members
42
42 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $246,111,003▲92.0% | $131,170,926▲11.9% | $1,185,340,650▲6.0% | $1,207,379,849▲5.7% | 990 |
| 2023 | $128,173,574▲9.1% | $117,230,287▲22.0% | $1,118,708,937▲17.8% | $1,142,486,271▲17.2% | 990 |
| 2022 | $117,489,833▼53.2% | $96,078,374▲1.0% | $949,917,067▼13.8% | $975,088,355▼13.3% | 990 |
| 2021 | $250,946,101▲110% | $95,156,910▲5.3% | $1,101,905,548▲22.5% | $1,124,768,291▲21.6% | 990 |
| 2020 | $119,277,422 | $90,399,212 | $899,305,214 | $925,043,905 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Richard L Devore — $654,744 (0.50% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Richard L Devore | President | 40 | $654,744 |
| Nicole Sherard-freeman | Chief Operating Officer | 40 | $412,982 |
| Laura L Brownfield | General Counsel | 40 | $279,952 |
| Jenilyn Norman | Vp, Finance and Administration | 40 | $263,812 |
| Sheryl G Arb | Vp, Marketing and Communications | 40 | $237,971 |
| Randall S Ross | Vp, Philanthropic Services | 40 | $214,543 |
| Sarah Wedepohl | Vp, Program | 40 | $210,355 |
| Jayme Powell | Executive Director, Drwp | 40 | $190,582 |
| Wafa S Dinaro | Executive Director, Nei | 40 | $186,322 |
| Brad M Westlake | Controller | 40 | $176,371 |
| Olubunmi Parks | Vp, Talent & Culture | 40 | $172,701 |
| Matthew J Lewis | Cfsem, Director of Gov and Ops | 40 | $153,690 |
| Ahmad Chebbani | Trustee | 0.5 | — |
| Allan D Gilmour | Trustee (end 11/24) | 0.5 | — |
| Andrew L Camden | Trustee | 0.5 | — |
| Barbara L Mcquade | Trustee | 0.5 | — |
| Bonnie Larson | Trustee | 0.5 | — |
| Bruce E Nyberg | Trustee | 0.5 | — |
| Carla Walker-miller | Trustee | 0.5 | — |
| Christopher L Rizik | Trustee | 0.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Trive Capital | Investment Manager | $1,371,945 |
| Plative Inc | Consultant | $558,575 |
| Pimco | Investment Manager | $522,100 |
| Pfingsten | Investment Manager | $512,469 |
| Fenton Communications | Marketing | $511,279 |
Grants received · $34.3M total
73 grants to Community Foundation For Southeast Michigan totaling $34.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $1,780,000 |
| The Blackbaud Giving Fund | General support | 2024 | $132,040 |
| Vital Strategies Inc | Overdose prevention (opioid) | 2024 | $50,000 |
| Rose Community Foundation | Wolman lamm family fund | 2024 | $50,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $41,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $22,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $15,000 |
| American Online Giving Foundation Inc | General support | 2024 | $13,673 |
| Blue Meridian Partners Inc | To support scaling plan | 2023 | $2,850,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2023 | $2,302,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $746,450 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $737,250 |
| United Way For Southeastern Michigan | Grant | 2023 | $75,000 |
| Vital Strategies Inc | Overdose prevention (opioid) | 2023 | $50,000 |
| Blue Meridian Partners Inc | To support scaling plan | 2022 | $3,000,000 |
Grants made · $105.1M in FY2024
938 grants totaling $105.1M in FY2024 — showing the 15 largest. All grants made by Community Foundation For Southeast Michigan →
| Recipient | Purpose | Amount |
|---|---|---|
| Urban Renewal Initiative Foundation | Philanthropy, voluntarism & grantmaking foundations | $6,125,000 |
| Michigan State University | Scholarship & education | $5,244,995 |
| Jewish Federation of Metropolitan Detroit | Philanthropy, voluntarism & grantmaking foundations | $4,434,983 |
| Donor Advised Charitable Giving | Philanthropy, voluntarism & grantmaking foundations | $4,213,859 |
| Detroit Riverfront Conservancy Inc | Recreation & sports | $3,133,223 |
| Marygrove Conservancy | Education | $3,115,000 |
| Temple Israel of Detroit | Religion-related | $3,007,350 |
| Detroit Symphony Orchestra Hall Inc | Arts and culture | $2,773,230 |
| Regents of the University of Michigan | Scholarship & education | $2,682,769 |
| Detroit Institute of Arts | Arts and culture | $2,401,467 |
| Wayne State University | Scholarship & education | $1,555,260 |
| V Hechzakta Bo | Education | $1,150,000 |
| Yeshivath Beth Yehudah | Religion-related | $1,108,381 |
| Invest Detroit Foundation | Community improvement & capacity building | $1,005,000 |
| City Rescue Mission of Lansing Michigan | Housing & shelter | $1,000,000 |
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Frequently asked questions
- Is Community Foundation For Southeast Michigan a legitimate nonprofit?
- Yes. Community Foundation For Southeast Michigan is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-2530980, based in Detroit, Michigan. Donations are tax-deductible.
- What is Community Foundation For Southeast Michigan's EIN?
- Community Foundation For Southeast Michigan's Employer Identification Number (EIN) is 38-2530980.
- How much revenue does Community Foundation For Southeast Michigan report?
- Community Foundation For Southeast Michigan reported $246,111,003 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Community Foundation For Southeast Michigan's spending goes to programs?
- Community Foundation For Southeast Michigan spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Community Foundation For Southeast Michigan have?
- CharityIndex grades Community Foundation For Southeast Michigan A, based on program efficiency and fundraising cost.
- How much does Community Foundation For Southeast Michigan's highest-paid employee make?
- The highest reported compensation on Community Foundation For Southeast Michigan's latest Form 990 is $654,744, paid to Richard L Devore (President).
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Data for Community Foundation For Southeast Michigan (EIN 38-2530980) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.