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FOUNDATION FOR DETROITS FUTURE

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Public nonprofit record

FOUNDATION FOR DETROITS FUTURE

EIN 46-4873153 · Community & Neighborhood Development (S20)

What they do

FOUNDATION for DETROITS FUTURE (FDF) SHALL WORK to LESSEN THE BURDENS of GOVERNMENT, COMBAT COMMUNITY DETERIORATION, and IMPROVE THE QUALITY of LIFE of THE GENERAL PUBLIC IN and AROUND THE CITY of DETROIT THROUGH, AMONG OTHER THINGS, CONDUCTING ACTIVITIES and PROGRAMS, and PROVIDING SUPPORT and FUNDING to GOVERNMENTAL ENTITIES, CHARITABLE ORGANIZATIONS and OTHERS, to PROTECT and PRESERVE THE CITY of DETROITS RICH CULTURAL HERITAGE, FOSTER and PROMOTE THE ECONOMIC REVITALIZATION and FISCAL HEALTH of THE CITY of DETROIT and ENABLE THE CITY of DETROIT to FULFILL ITS MUNICIPAL, FINANCIAL and CIVIC OBLIGATIONS. THE FDF SUPPORTS THE COMMUNITY FOUNDATION for SOUTHEAST MICHIGAN (CFSEM) BY SUPPORTING ORGANIZATIONS WHOSE WORK FURTHERS CFSEMS MISSION. THE CFSEMS MISSION is to BUILD THE RESOURCES, RELATIONSHIPS and EXPERTISE REQUIRED to EXPAND EQUITABLE ACCESS to OPPORTUNITIES ACROSS SOUTHEAST MICHIGAN to MAKE IT A DESIRABLE PLACE to LIVE, WORK and PLAY for ALL RESIDENTS, TODAY and TOMORROW.

Money

Financial picture

Tax year 2024
Revenue$22,534,738
Expenses$18,922,329
Assets$47,856,123
Income$22,534,738
Contributions$20,933,333
Grants given$94,250,000
Average grant$6,283,333
Management$72,329
Stocks and bonds$23,827,791
Investing fees$17,573

About this charity

Recognized since
January 2014
Location
333 WEST FORT STREET 2010, DETROIT, MI 48226
County
Wayne
In care of
NICOLE SHERARD-FREEMAN
Primary officer
NICOLE SHERARD-FREEMAN, PRESIDENT & CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
DELOITTE TAX LLP
NTEE classification
Community & Neighborhood Development (S20)
IRS tax category
Community & Neighborhood Development
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
1
Classification
1000
Deductibility
1
Foundation
21
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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