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: Verified by RoundPaper

FY 2024

Verified NonprofitLast Filed 2024EIN 38-2180730

Michigan Gateway Community Foundation

BUCHANAN, MINTEE: T31Founded 1977Website

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Total Revenue

$2.9M

FY 2024

Program Spending

87.6%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2024)

The Numbers

$29.3M

Total Assets

$27.6M net

181.33 mo

Operating Reserves

FY 2024

+60%

Revenue Growth

YoY

Total Employees

FY 2024

Funding Track Record

Backed by 14 Institutional Funders

$393K raised across 30 grants (2019–2024 filings)

Funder Geography

Funders across 8 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$166,450
The Minneapolis Foundation	MINNEAPOLIS, MN	$78,637
Cass County Mental Health Foundation	CASSOPOLIS, MI	$50,000
The Leighton-Oare Foundation Inc	NILES, MI	$50,000
Community Economic Development Association of Michigan	LANSING, MI	$14,699
Council of Michigan Foundations Inc	DETROIT, MI	$13,459
American Electric Power Foundation	Wilmington, DE	$12,000
The Tuesley Family Foundation Inc	SOUTH BEND, IN	$2,500
The Richard M Schulze Family Foundation	MINNEAPOLIS, MN	$2,013
Circle of Service Foundation	CHICAGO, IL	$1,047

Total tracked: $392,901 across 30 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

$1.6M in expenses

Scholarships paid to benefit individual area college students and grants to various educational, community, or charitable organizations. See SCH i for list of organizations.

Financial History

Revenue Over Time

Revenue Mix

Contributions & Grants

21%

Program Revenue

15%

Investment Income

64%

Governance (FY 2024)

Leadership

Michael Rowland

President

Karin Falkenstein

Board Chair

Jane Brandstatter

Board Vice Chair

Monse Avina

Youth Representative

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