NonprofitsBook Industry Charitable Foundation

Corporate Foundations

Book Industry Charitable Foundation

ANN ARBOR, MI

Total revenue

$1.7M

Total expenses

$1.7M

Net assets

$3.0M

Grants received

$2.8M

57 grants

EIN

383279018

Tax year

2024

Mission

The centerpiece program provides short-term financial assistance to book and comic industry employees, including bookstore and comic shop owners/operators, booksellers, book buyers, and former borders employees and their immediate families who have demonstrated financial need arising from severe hardship and/or emergency circumstances, including but not limited to, disaster relief, domestic violence, serious medical condition, or loss of household income such as divorce or separation, death of an employee or immediate family member. Additionally, the book industry charitable foundation made available other tools to help affected employees and owners better manage with ongoing financial challenges. These tools include health care resources directories, budget planning guides and financial management tools.

Programs

3 programs

Professional development scholarships - the foundation believes that the future of healthy bookstores and comic stores lies in the continuing education of the owners and employees. To encourage further business development and career growth, the foundation offers scholarships for several professional industry events and certificate programs. The scholarships are merit and need-based.

Expenses: $157KGrants: $84K

Disaster relief program - designed to assist book and comic store owners if their store was impacted by a natural disaster, including public health emergencies. Any assistance given is outside of what is covered by insurance and does not include any payments to merchandise vendors. The store must demonstrate a financial crisis brought about by a natural disaster including loss of income due to disruption of business. The foundation is able to help by paying needed rent and/or utilities.

Expenses: $211KGrants: $149K

Binc tank pilot - this is a three-year pilot program designed as a business incubator focusing on helping entrepreneurs open bookstores in underserved markets. Mental health wellness - designed to provide access to professional mental health services for eligible booksellers and comic retailers, the program connects individuals in the bookselling community with licensed therapists through a telehealth partnership. Individuals, couples, and teen therapy services are provided. The foundation also provides emergency on-site therapy for groups involved in traumatic events such as shootings, burglaries, and staff suicides.

Expenses: $429KGrants: $146K

Financials

FY 2024

Revenue

Contributions & grants$1.7M
Program service revenue
Investment income$66K
Other revenue
Total revenue$1.7M

Expenses

Grants paid$774K
Salaries & benefits$608K
Fundraising$201K
Other expenses$308K
Total expenses$1.7M
Total assets$3.0M
Net assets$3.0M

People

14 listed

NameRoleCompensation

PAMELA FRENCH

EXECUTIVE DI

Board

$123K

40 hrs/wk

CHRIS MORROW

PRESIDENT

Board

1 hrs/wk

ANNIE PHILBRICK

VICE PRESIDE

Board

1 hrs/wk

JONATHAN PUTNAM

TREASURER

Board

1 hrs/wk

CALVIN CROSBY

SECRETARY

Board

1 hrs/wk

ERIN COFFEY

DIRECTOR

Board

0.5 hrs/wk

EILEEN DENGLER

DIRECTOR

Board

0.5 hrs/wk

CHRISCYNETHIA FLOYD

DIRECTOR

Board

0.5 hrs/wk

ROCKELLE HENDERSON

DIRECTOR

Board

0.5 hrs/wk

MICHAEL JACOBS

DIRECTOR

Board

0.5 hrs/wk

EMMA KAAS

DIRECTOR

Board

0.5 hrs/wk

KUO-YU LIANG

DIRECTOR

Board

0.5 hrs/wk

STEVEN MALK

DIRECTOR

Board

0.5 hrs/wk

ANDY PERHAM

DIRECTOR

Board

0.5 hrs/wk

Grants received

Showing 57 of 57

FromAmountPurposeYear
$198K
GENERAL SUPPORT
2024
$25K
GENERAL OPERATIONS
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$10K
FOR GENERAL SUPPORT
2024
$38K
For grant recipient's exempt purposes
2023
$16K
GENERAL OPERATIONS
2023
$7K
PUBLIC, SOCIETAL BENEFIT
2023
$500
SCHOLARSHIP
2023
$130K
GENERAL SUPPORT
2022
$35K
GENERAL OPERATIONS
2022
$26K
For grant recipient's exempt purposes
2022
$6K
PUBLIC, SOCIETAL BENEFIT
2022
$211K
General Support
2021
$29K
For grant recipient's exempt purposes
2021
$29K
For grant recipient's exempt purposes
2021
$25K
General operating support
2021
$25K
General operating support
2021
$20K
GENERAL OPERATIONS
2021
$10K
General Support
2021
$8K
PUBLIC, SOCIETAL BENEFIT
2021
$500
GENERAL SUPPORT
2021
$1.3M
General Support
2020
$50K
BOOKSELLERS AFFECTED BY COVID-19
2020
$20K
For grant recipient's exempt purposes
2020
$10K
FURTHER CHARITABLE GOAL OF ORG
2020
$10K
FOR GENERAL SUPPORT
2020
$10K
GENERAL OPERATIONS
2020
$9K
PUBLIC, SOCIETAL BENEFIT
2020
$7K
Unrestricted
2020
$7K
SUPPORT
2020
$5K
CHARITABLE
2020
$1K
Matching Gift
2020
$1K
SUPPORT INDEPENDENT BOOKSTORES DURING THE PANDEMIC
2020
$259
TO SUPPORT THE MISSION OF THE ORGANIZATION.
2020
$150
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2020
$26
CHARITABLE
2020
$100K
SUPPORT
2019
$62K
For grant recipient's exempt purposes
2019
$35K
GENERAL OPERATING SUPPORT
2019
$23K
PUBLIC, SOCIETAL BENEFIT
2019
$10K
FOR GENERAL SUPPORT.
2019
$7K
HUMAN SERVICES
2019
$100K
Private Campaign-Basic Needs
2018
$6K
For grant recipient's exempt purposes
2018
$5K
Unrestricted
2018
$25K
Private Campaign-Basic Needs
2017

Funded by

$2.8M from 29 funders · 57 grants · 2017–2024

Paypal Charitable Giving Fund

$2.0M · 5 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$208K · 7 grants · 2018–2023

United Way Of Greater St Louis Inc

$125K · 2 grants · 2017–2018

American Booksellers

$107K · 2 grants · 2019–2020

Hieronymus Foundation Inc

$106K · 5 grants · 2020–2024

The Chicago Community Trust

$85K · 3 grants · 2019–2021

Donor Advised Charitable Giving Inc

$53K · 5 grants · 2019–2023

Lannan Foundation

$50K · 1 grant · 2020

Details

EIN383279018
NTEE codeT21
Subsection03
Ruling date1996-04
Formed1996
Employees9
Volunteers72
BOOK INDUSTRY CHARITABLE FOUNDATION — Mission, Financials & Grants Received | Grantivo