Michigan Founders Fund

Michigan Founders Fund is a registered advocacy & civil rights nonprofit based in Ann Arbor, MI, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 2021 and has been operating for 5 years. Its EIN is 863992946. According to GiveRadar's records, it holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. GiveRadar's Integrity Assessment for the organization is 74/100, which reflects how much public information is available, not whether the charity is legitimate. The organization reports $2M in annual revenue. 16 officers and directors are publicly disclosed. GiveRadar has identified 1 potential concern.

Michigan Founders Fund's EIN (Employer Identification Number) is 863992946. This is the organization's IRS tax identification number; you can use it to verify tax-exempt status and to look up its Form 990 filings with the IRS.

Michigan Founders Fund has a GiveRadar Integrity Assessment of 74/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 74 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. The charity allocates 80% of expenses to programs, which contributes positively to its score. For comparison, the average integrity assessment for advocacy & civil rights charities in United States is 90/100.

Michigan Founders Fund is located in Ann Arbor, MI, United States. The organization was established in 2021 and has been active for 5 years.

Based on official tax filings, Michigan Founders Fund has $2M in annual revenue. It allocates 80% of expenses to programs and services. This is in line with the average of 80% for advocacy & civil rights charities in United States. Its revenue is below the peer average of $4M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

Michigan Founders Fund is classified as an Advocacy & Civil Rights organization, registered in United States. It operates as a Publicly-supported charity (509(a)(2)). By size, it is categorized as a medium organization. It has $2M in annual revenue. The organization has 16 disclosed officers and directors.

GiveRadar has identified 1 potential concern for Michigan Founders Fund. Red flags are automatically detected from official data and may include high executive compensation relative to budget, low program spending, or missing financial filings. Red flags do not necessarily mean wrongdoing but indicate areas that may warrant further review before donating.

According to GiveRadar's records, Michigan Founders Fund holds active tax-deductible status on the IRS Publication 78 list, which means donations are tax-deductible and the organization is in good standing with the IRS. It is registered with the Internal Revenue Service (IRS). It reports that 80% of expenses go to programs (the peer average is 80%). You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research and does not endorse any organization. A GiveRadar Integrity Assessment reflects how much public data is available, not whether an organization is safe to donate to, so it is always smart to do your own research before giving.

Michigan Founders Fund is a network of entrepreneurs and investors who have pledged 1% of equity, carry or profit to support impactful local organizations throughout the state who are doing the work to better our communities and enrich quality of life. Michigan Founders Fund is classified as an advocacy & civil rights organization registered in United States. The organization was founded in 2021.

Among advocacy & civil rights charities registered in United States: It allocates 80% of expenses to programs, in line with the peer average of 80%. Its annual revenue of $2M is below the peer average of $4M.

Yes, donations to Michigan Founders Fund are generally tax-deductible in the United States. Michigan Founders Fund is a 501(c)(3) tax-exempt organization. Its EIN is 863992946, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.