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: Verified by RoundPaper

FY 2024

Verified NonprofitLast Filed 2024EIN 38-1443367

Fremont Area Community Foundation

FREMONT, MINTEE: T310Founded 1951Website

mission statement

To enhance the quality of life for all people of newaygo county and surrounding communities.

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Total Revenue

$15.2M

FY 2024

Program Spending

77.6%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2024)

The Numbers

$306.7M

Total Assets

$301.5M net

281.36 mo

Operating Reserves

FY 2024

+2%

Revenue Growth

YoY

Total Employees

FY 2024

Funding Track Record

Backed by 25 Institutional Funders

$2.2M raised across 53 grants (2019–2024 filings)

Funder Geography

Funders across 8 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
The Amazing X Charitable Trust	Fremont, MI	$1,407,300
Fremont Area Community Foundation	FREMONT, MI	$172,172
The Fremont Area Elderly Needs Fund	Fremont, MI	$109,873
Community Foundation for Southeast Michigan	DETROIT, MI	$85,000
Community Foundation for Muskegon County	MUSKEGON, MI	$53,830
Community Economic Development Association of Michigan	LANSING, MI	$50,000
Debby Durham Family Foundation	OMAHA, NE	$50,000
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$46,528
Edward T Robinson Jr Family Foundation	WATERLOO, NE	$41,000
Leinweber Foundation	BIRMINGHAM, MI	$25,000

Total tracked: $2,168,651 across 53 grants (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2024)

What They Do

$3.5M in expenses

Community Development program works to decrease the Newaygo county unemployment rate by distributing grants to charitable organizations focused on providing education, certifications, training and employment of a skilled workforce, along with efforts to support development of small businesses and entrepreneurship development within the community of Newaygo County. The program aims to increase overall business capacity by developing local economic partnerships and utilizing community resources.

$3.0M in expenses

Poverty to prosperity works to reduce the impact of poverty on the community in newaygo county, michigan by providng grants to charitable organizations focused on the development of self-sufficiency, building social capital and the empowerment of individuals and families to thrive long-term.

$2.9M in expenses

The Education Program works to decrease the impact of poverty on the community in Newaygo County by increasing the education level of the community at large. Grants are provided to charitable organizations focused on funding Kindergarten readiness, STEAM, Literacy, and remediation assistance. Funding also supports educational scholarships and tuition assistance to students in Newaygo County, and West Michigan community.

$548K in expenses

Community responsive grantmaking: administering and distributing funds received exclusively for charitable purposes through grants to nonprofit organizations that provide services for the benefit of the people of newaygo county, michigan and the surrounding area of western michigan. Categories of funding include charitable purposes across many sectors, including but not limited to health, education, community development, and services to vulnerable populations.

Financial History