NonprofitsDetroit Childrens Fund

Public Foundations

Detroit Childrens Fund

DETROIT, MI

Total revenue

$6.3M

Total expenses

$3.5M

Net assets

$7.0M

Grants received

$8.3M

39 grants

EIN

462499615

Tax year

2023

Mission

The detroit children's fund is a nonprofit organization that makes high-potential investments to expand successful schools, greatly improve lower performing schools, and discover and develop talented educators so that every child in detroit has the opportunity to receive an excellent education.

Programs

4 programs

Compact program work with college-going experts and the city's leading charter high schools, will aim to significantly transform graduation rates, college persistence rates and college graduation rates for over 2,000 students each year in detroit. By working together and achieving significantly improved outcomes, these four charters can set a new "bar" for quality for schools across the city and serve as exemplars for schools that want to learn how to improve their outcomes more quickly.

Expenses: $273KGrants: $270K

Teacher retention goal for the 2023-2024 school year is to retain 90% of effective or highly effective teachers. By providing fall and spring retention bonuses ea aims to retain, motivate and keep those teachers who are effective and committed. The provision of bonuses to school staff can have a positive impact on talent retention rates, such as increasing staff satisfaction and morale, stronger school climate and culture, enhanced professionalism, and improved student outcomes.

Expenses: $133KGrants: $133K

Mapsa alternative certification-professional innovators in teaching (a program created by mapsa) is a state-approved michigan alternative teacher certification program. It is designed to address the current teacher shortages. Through the program, candidates are provided scholarships, support, and coaching to successfully pass their mttc and obtain teacher certification.

Expenses: $75KGrants: $75K

Other program services

Expenses: $228KGrants: $117K

Financials

FY 2023

Revenue

Contributions & grants$6.5M
Program service revenue
Investment income$232K
Other revenue
Total revenue$6.3M

Expenses

Grants paid$1.9M
Salaries & benefits$1.1M
Fundraising$474K
Other expenses$447K
Total expenses$3.5M
Total assets$7.2M
Net assets$7.0M

People

17 listed

NameRoleCompensation

NICK KARMANOS

PARTNER

Board

$192K

40 hrs/wk

LATWILA AINSWORTH-COMFORT

PARTNER

Board

$174K

40 hrs/wk

RYAN MAIBACH

DIRECTOR

Board

1 hrs/wk

ADAM LEVINSON

DIRECTOR

Board

1 hrs/wk

ARN TELLEM

DIRECTOR

Board

1 hrs/wk

KELLE ILITCH

DIRECTOR

Board

1 hrs/wk

BILL EMERSON

DIRECTOR

Board

1 hrs/wk

KC CRAIN

BOARD CHAIR, DIRECTOR

Board

2 hrs/wk

TONY BARRA

DIRECTOR

Board

1 hrs/wk

JESSE VENEGAS

DIRECTOR

Board

1 hrs/wk

DARIENNE DRIVER

DIRECTOR

Board

1 hrs/wk

ANUP POPAT

DIRECTOR

Board

1 hrs/wk

RAY SCOTT

DIRECTOR

Board

1 hrs/wk

TIFFANY DOUGLAS

DIRECTOR

Board

1 hrs/wk

TONYA ALLEN

SECRETARY, DIRECTOR

Board

2 hrs/wk

JASON TINSLEY

TREASURER, DIRECTOR

Board

2 hrs/wk

LISA LAURIN

CHIEF DEVELOPMENT OFFICER

Staff

$131K

40 hrs/wk

Independent contractors

LEADING EDUCATORS

CONSULTING

$255K

TNTP

PRINCIPAL COACHING

$233K

ROBACK & BIALY CPAS PC

OUTSOURCED CONTROLLER SERVICES

$127K

OAKLAND HILLS COUNTRY CLUB

GOLF VENUE

$106K

Grants received

Showing 39 of 39

FromAmountPurposeYear
$1.0M
COMMUNITY & HUMAN SERVICES
2024
$1M
COMMUNITY & HUMAN SERVICES
2023
$21K
For grant recipient's exempt purposes
2023
$10K
PROGRAM SUPPORT
2023
$10K
2023
$10K
SUPPORT EXEMPT PURPOSE
2023
$10K
TO SUPPORT EDUCATION
2023
$200
GENERAL OPERATING SUPPORT
2023
$1M
COMMUNITY & HUMAN SERVICES
2022
$50K
MARKETPLACE GRANT
2022
$45K
UNRESTRICTED GENERAL SUPPORT
2022
$25K
PUBLIC, SOCIETAL BENEFIT
2022
$20K
ORGANIZATIONAL SUPPORT
2022
$10K
EDUCATION
2022
$10K
PROGRAM SUPPORT
2022
$35K
PUBLIC, SOCIETAL BENEFIT
2021
$25K
For grant recipient's exempt purposes
2021
$25K
For grant recipient's exempt purposes
2021
$667K
COMMUNITY & HUMAN SERVICES
2020
$568K
KIPP IMANI ACADEMY CONSTRUCTIONS
2020
$197K
For grant recipient's exempt purposes
2020
$33K
Unrestricted
2020
$10K
GENERAL SUPPORT
2020
$10K
2020
$5K
ORGANIZATIONAL SUPPORT
2020
$667K
COMMUNITY & HUMAN SERVICES
2019
$30K
PUBLIC, SOCIETAL BENEFIT
2019
$23K
For grant recipient's exempt purposes
2019
$182
GENERAL OPERATING SUPPORT
2019
$667K
INVEST STRATEGY SPRT
2018
$48K
Unrestricted
2018
$29K
PUBLIC, SOCIETAL BENEFIT
2018
$10K
For grant recipient's exempt purposes
2018
$10K
TO SUPPORT DETROIT YOUTH
2018
$1K
Donation- Annual Dinner
2018
$620
GENERAL OPERATING SUPPORT
2018
$2.0M
COMMUNITY INVESTMENT
2017
$25K
HEALTH & HUMAN SERVICES
2017

Funded by

$8.3M from 17 funders · 39 grants · 2017–2024

Gs Donor Advised Philanthropy Fund

$5.0M · 6 grants · 2018–2024

United Way For Southeastern Michigan

$2.0M · 2 grants · 2017–2021

Edward C And Linda Dresner Levy

$568K · 1 grant · 2020

Fidelity Investments Charitable Gift Fund

$301K · 6 grants · 2018–2023

Donor Advised Charitable Giving Inc

$144K · 5 grants · 2017–2022

Network For Good

$81K · 2 grants · 2018–2020

Deloitte Foundation

$50K · 1 grant · 2022

Details

EIN462499615
NTEE codeT30
Subsection03
Ruling date2013-11
Formed2013
Employees8
Volunteers30
DETROIT CHILDRENS FUND — Mission, Financials & Grants Received | Grantivo