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Public nonprofit record

DMC FOUNDATION

EIN 27-3529154 · Health Care (E1170)

What they do

THE PURPOSE of THE FOUNDATION is to OPERATE EXCLUSIVELY for CHARITABLE, SCIENTIFIC and EDUCATIONAL PURPOSES INCLUDING to PROMOTE THE WELFARE of THE GENERAL PUBLIC THROUGH THE SUPPORT of RESEARCH, EDUCATION, and COMMUNITY BENEFIT ACTIVITIES SUCH AS THE ENCOURAGEMENT and FACILITATION of THE PROVISION of MEDICAL, HEALTH CARE, and DISEASE PREVENTION SERVICES to INDIGENT, UNDERSERVED and OTHER INDIVIDUALS, WITH EMPHASIS ON BENEFITTING INDIVIDUALS and FAMILILES LOCATED IN THE METROPOLITAN DETROIT AREA INCLUDING, BUT NOT LIMITED TO, INDIVIDUALS and FAMILIES RECEIVING CARE and TREATMENT AT DETROIT MEDICAL CENTER INSTITUTIONS, SUCH AS CHILDRENS HOSPITAL, RECEIVING HOSPITAL, SINAI-GRACE HOSPITAL, HARPER UNIVERSITY HOSPITAL, HUTZEL WOMENS HOSPITAL, KRESGE EYE INSTITUTE, HURON VALLEY-SINAI HOSPITAL and REHABILITATION INSTITUTE of MICHIGAN.

Money

Financial picture

Tax year 2023
Revenue$2,506,181
Expenses$3,735,649
Income$8,637,975
Contributions$516,613
Grants given$8,970,377
Average grant$109,395
Management$979,704
Stocks and bonds$13,962,110
Investing fees$525,971

About this charity

Location
333 WEST FORT STREET 2010, DETROIT, MI 48226
County
Wayne
In care of
RICHARD L DEVORE
Primary officer
RICHARD L DEVORE, CHAIR/DIRECTOR/PRESIDENT

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
January 1, 2023
Return type
990
Tax preparer
DELOITTE TAX LLP
NTEE classification
Health Care (E1170)
IRS tax category
Other Grantmaking and Giving Services
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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