Funder DirectoryFLAGSTAR FOUNDATION INC
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Private foundation (trust)EIN 821812075Est. 2017-09

FLAGSTAR FOUNDATION INC

TROY, MI 48098

Total Assets

$21.4M

FY 2023

Annual Giving

$2.3M

FY 2023

Grants Made

103

FY 2023

Avg Grant

$22K

FY 2023

Grant Range

$500–$500K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$1.2M

Total Expenses

$2.8M

Qualifying Distributions

$2.3M

Distributable Amount

$1.1M

Min. Investment Return

$1.1M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

103 grants

Grant sizes from minimum $500 through median $10K to maximum $500K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2023. Peak $3.4M in 2021. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

439 grants

INVEST DETROIT
$2M
4 grants
Local Initiatives Support Corporation (LISC) Detroit Program
$1M
2 grants
Strategic Alliance Community Development Corporation
$1M
2 grants
LOCAL INITIATIVES SUPPORT CORP (LISC)
$500K
1 grant
LOCAL INITIATIVES SUPPORT CORPORATION
$500K
1 grant
Community Foundation for Southeast Michigan
$300K
3 grants
AMERICA'S CHARITIES
$215K
2 grants
SME Education Foundation
$200K
2 grants

Grant Size Distribution

439 grants

<$10K
299
grants
$10–50K
121
grants
$50–250K
9
grants
$250K–1M
10
grants
$1–5M
$5M+

Geographic Focus

21 states

Michigan
$6.1M
60% of total
New York
$2.1M
20% of total
Indiana
$561K
6% of total
Virginia
$390K
4% of total
California
$342K
3% of total
Florida
$298K
3% of total
Arizona
$131K
1% of total
Ohio
$126K
1% of total
Maryland
$60K
1% of total
Texas
$36K
0% of total

+11 more states

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FLAGSTAR FOUNDATION INC — Grants, Financials & Contact | Grantivo