NonprofitsAnn Arbor Spark Foundation

Philanthropy, Voluntarism & Grantmaking Foundations

Ann Arbor Spark Foundation

ANN ARBOR, MI

Total revenue

$183K

Total expenses

$177K

Net assets

$56K

Grants received

$1.9M

26 grants

EIN

383416745

Tax year

2024

Mission

The Ann Arbor SPARK Foundation is an affiliated 501(c)(3) nonprofit organization designed to solicit contributions and promote the charitable purposes of SPARK.

Programs

1 program

Marketing Angel Fund investment activity in Michigan: marketing and educating new investors as angels (high net worth individuals who invest in startup companies). The services and support provided to early stage technology companies and entrepreneurs through our group of investors enhances Michigan's entrepreneurial ecosystem by coordinating with existing successful programs to fill the private funding gap for entrepreneurs in the ecosystem that creates new tech companies, new early stage tech jobs, and creates follow-on funding to tech companies. Our contribution is to focus on education and engagement within this community.

Expenses: $37K

Financials

FY 2024

Revenue

Contributions & grants$180K
Program service revenue
Investment income$3K
Other revenue
Total revenue$183K

Expenses

Grants paid$140K
Salaries & benefits
Fundraising
Other expenses$37K
Total expenses$177K
Total assets$91K
Net assets$56K

People

7 listed

NameRoleCompensation

Kelly Sexton

Chair

Board

0.25 hrs/wk

Simon Whitelocke

Vice Chair

Board

0.25 hrs/wk

David Snodgrass

Treasurer

Board

0.25 hrs/wk

Tiffany Ford

Secretary

Board

0.25 hrs/wk

David Ruud

Past Chair

Board

0.25 hrs/wk

Paul Krutko

President & CEO

Board

1 hrs/wk

Tom Crawford

CFO

Board

0.25 hrs/wk

Grants received

Showing 26 of 26

FromAmountPurposeYear
$110K
ECONOMIC PROGRESS
2024
$100K
PHILANTHROPY, VOLUNTARISM & GRANTMAKING FOUNDATIONS
2023
$40K
For grant recipient's exempt purposes
2023
$15K
2023 ANNUAL SUPPORT
2023
$102K
GENERAL OPERATIONS/PHILANTHROPY, VOLUNTARISM & GRANTMAKING FOUNDATIONS PROGRAM
2022
$10K
2022 ANNUAL SUPPORT-JOB GROWTH & ECONOMIC DEVELOPMENT
2022
$1.0M
COVID-19 PANDEMIC SUPPORT.
2020
$180K
SMALL BUSINESS COVID RELIEF
2020
$100K
ECONOMIC PROGRESS
2020
$50K
HUMAN NEEDS
2020
$50K
COVID-19 ECONOMIC DEVELOPMENT ASSISTANCE & BUSINESS SUPPORT - COVID-19
2020
$25K
For grant recipient's exempt purposes
2020
$21K
GENERAL OPERATING SUPPORT
2020
$10K
UNRESTRICTED GRANT TO GENERAL FUND
2020
$10K
SMALL BUSINESS COVID RELIEF
2020
$10K
2020 ANNUAL SUPPORT
2020
$10K
HUMANITARIAN
2020
$10K
SUPPORT FOR ACTIVITIES
2020
$5K
MONETARY SUPPORT FOR PURPOSE OF CHARITY
2020
$5K
UNRESTRICTED GRANT TO GENERAL FUND
2020
$2K
GENERAL CONTRIBUTION
2020
$25K
For grant recipient's exempt purposes
2019
$10K
PUBLIC, SOCIETAL BENEFIT
2019

Funded by

$1.9M from 14 funders · 26 grants · 2019–2024

Song Foundation

$1.0M · 1 grant · 2020

Community Foundation For Southeast

$392K · 4 grants · 2020–2023

Dte Energy Foundation

$260K · 3 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$90K · 3 grants · 2019–2023

Consumers Energy Foundation

$85K · 4 grants · 2020–2023

American Online Giving Foundation Inc

$25K · 3 grants · 2020–2024

Details

EIN383416745
NTEE codeT50I
Subsection03
Ruling date1998-10
Formed1998
Employees0
Volunteers5
ANN ARBOR SPARK FOUNDATION — Mission, Financials & Grants Received | Grantivo