NonprofitsDetroit Regional Chamber Foundation Inc

Community Improvement

Detroit Regional Chamber Foundation Inc

DETROIT, MI

Total revenue

$12.0M

Total expenses

$13.6M

Net assets

$3.7M

Grants received

$29.8M

70 grants

EIN

382352462

Tax year

2023

Mission

Detroit regional chamber foundation, inc (the "foundation") is dedicated to growing programs or initiatives that are important to ensuring the detroit region's economy is one of the fastest growing in the u.s.

Programs

3 programs

Michauto is michigan's only automotive and mobility cluster association to protect, retain, and grow michigan's signature industry while also ensuring the state's leadership in advancing the development and manufacturing of next-generation mobility technology.

Expenses: $2.1M

The foundation leads a comprehensive education and talent portfolio of program and policy work in the state. With the goal to increase postsecondary degree attainment in southeast michigan to 60% by 2030, the chamber's work will grow the talent pool for employers.

Expenses: $3.0MGrants: $123K

Economic development:the foundation's economic prosperity strategy positions the detroit region for long-term global competitiveness for the next decade and beyond. The work is funded through contributions and grants from corporate donors and private philanthropy. The strategy is executed through a series of initiatives ensuring the region is educated, employed, healthy, and leading in next-generation mobility.leadership detroit:leadership detroit provides the foundation for a lifelong commitment to leadership by creating awareness of key issues that affect the detroit region and to challenge emerging and existing community leaders to bring about positive change in the community through informed leadership.economic equity and inclusion:the foundation leverages its position as a covener of business to ensure pervasive and long-term change both societally and economically. This work is rooted in reflective focus on accountability internally and externally through a commitment to ensuring the region's equitable future.

Expenses: $1.9MGrants: $675K

Financials

FY 2023

Revenue

Contributions & grants$10.6M
Program service revenue$1.3M
Investment income$72K
Other revenue
Total revenue$12.0M

Expenses

Grants paid$1.0M
Salaries & benefits$5.8M
Fundraising$210K
Other expenses$6.8M
Total expenses$13.6M
Total assets$4.2M
Net assets$3.7M

People

11 listed

NameRoleCompensation

SANDY K BARUAH

PRESIDENT

Board

$264K

15 hrs/wk

KAREN BELANS

TREASURER

Board

$137K

13 hrs/wk

MEGAN SPANITZ

VICE- PRESIDENT, RESOURCE

Board

$98K

11 hrs/wk

TAMMY CARNRIKE

CHIEF OPERATING OFFICER

Board

$49K

4 hrs/wk

GLENN STEVENS

VICE- PRESIDENT, AUTOMOTIV

Staff

$309K

37.5 hrs/wk

GREGORY HANDEL

VICE PRESIDENT, EDUCATION

Staff

$207K

37.5 hrs/wk

BRADLEY WILLIAMS

SECRETARY & EXECUTIVE DIRE

Staff

$109K

17 hrs/wk

JASON JURCZYK

SENIOR DIRECTOR, ACCOUNTIN

Staff

$56K

13 hrs/wk

DRAKE A HAYNES

DIRECTOR, INFORMATION TECH

Staff

$14K

4 hrs/wk

JAMES P CONNARN

SENIOR DIRECTOR, MARKETING

Staff

1 hrs/wk

WENDY NODGE

SENIOR DIRECTOR, SIGNATURE

Staff

1 hrs/wk

Grants received

Showing 70 of 70

FromAmountPurposeYear
$1.8M
SCHOLARSHIP DISPUR.
2024
$1.1M
COMMUNITY & HUMAN SERVICES
2024
$657K
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
2024
$600K
D3C3 Implementation Phase I
2024
$360K
PROJECT SUPPORT FOR THE COORDINATION OF DETROIT'S HIGHER EDUCATION ECOSYSTEM TO REACH 60% DEGREE ATTAINMENT BY 2030
2024
$100K
PROJECT SUPPORT GRANT FOR THE EVALUATION AND FUNDRAISING EFFORTS FOR THE DETROIT AREA TALENT FUND
2024
$90K
PROJECT SUPPORT GRANT FOR THE 2024 DETROIT POLICY CONFERENCE, MACKINAC POLICY CONFERENCE, AND LEADERSHIP DETROIT
2024
$3.2M
SCHOLARSHIP DISPUR.
2023
$1.4M
COMMUNITY & HUMAN SERVICES
2023
$720K
TO SUPPORT THE CHARITABLE INITIATIVES OF THE FOUNDATION.
2023
$717K
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
2023
$345K
TO SUPPORT ORGANIZATONS MISSION
2023
$130K
TO CONTINUE TO SCALE THE DETROIT REGIONAL TALENT COMPACT, WHICH AIMS TO INCREASE POSTSECONDARY ATTAINMENT TO 60% AND REDUCE THE RACIAL EQUITY GAP BY 50%, BY 2030.
2023
$108K
TO SUPPORT THE DETROIT REGIONAL CHAMBER FOUNDATION IN PROMOTING KEY STRUCTURAL CHANGES THAT CREATE MORE EQUITABLE POSTSECONDARY PATHWAYS AND OUTCOMES, AS PART OF THE COPRO2.0 INITIATIVE.
2023
$100K
TO SUPPORT THE EVALUATION AND FUNDRAISING EFFORTS FOR THE DETROIT AREA TALENT FUND, WHICH ADDRESSES BASIC NEEDS GAPS FOR LOW-INCOME METRO DETROIT STUDENTS PURSUING HIGHER EDUCATION.
2023
$100K
LOCAL IMPACT GRANT
2023
$65K
Community Engagement
2023
$50K
TRUSTEE DESIGNATED GRANT
2023
$40K
TO SPONSOR A SESSION AT THE MACKINAC POLICY CONFERENCE 2023
2023
$38K
DETROIT DRIVES DEGREES - FUNDING NEW SR. DIRECTOR SEARCH AND SALARY FOR TWO YEARS.
2023
$30K
MICHIGAN 2030
2023
$20K
ORGANIZATIONAL SUPPORT
2023
$20K
FAFSA FRENZY GRANT
2023
$2K
A 501 (C) (3) ORGAINZATION DEDICATED TO GROWING PROGRAMS OR INITIATIVES THAT ARE IMPORTANT TO ENSURING THE DETROIT REGION'S ECONOMY IS ONE OF THE FASTEST GROWING IN THE U. S.
2023
$4.6M
SCHOLARSHIP DISBURS.
2022
$1.7M
COMMUNITY & HUMAN SERVICES
2022
$1.1M
TO SUPPORT THE CHARITABLE INITIATIVES OF THE FOUNDATION.
2022
$1M
TO SUPPORT DETROIT DRIVES DEGREES COMMUNITY COLLEGE COLLABORATIVE (D3C3).
2022
$784K
COMMUNITY IMPROVEMENT & CAPACITY BUILDING PROGRAM/GENERAL OPERATIONS/SCHOLARSHIP FUNDS
2022
$500K
TO SUPPORT THE SEMI COMMUNITY COLLEGE INITIATIVE.
2022
$150K
DETROIT REGIONAL CHAMBER RACIAL JUSTICE AND ECONOMIC EQUITY INITIATIVE
2022
$140K
TO SUPPORT THE DETROIT REGIONAL CHAMBER FOUNDATION IN PROMOTING KEY STRUCTURAL CHANGES THAT CREATE MORE EQUITABLE POSTSECONDARY PATHWAYS AND OUTCOMES, AS PART OF THE COPRO2.0 INITIATIVE.
2022
$80K
support a session at the Mackinac Policy Conference focused on how the practice of bridging divides through engagement and empowerment of communities can improve transparency, build trust and result in meaningful and sustainable outcomes in education, employment and health
2022
$50K
GENERAL OPERATING
2022
$38K
DETROIT DRIVES DEGREES - FUNDING NEW SR. DIRECTOR SEARCH AND SALARY FOR TWO YEARS.
2022
$34K
TO SPONSOR A SESSION AT THE MACKINAC POLICY CONFERENCE 2022
2022
$30K
MICHIGAN 2030 PLAN
2022
$28K
TO CONTINUE TO SCALE THE DETROIT REGIONAL TALENT COMPACT, WHICH AIMS TO INCREASE POSTSECONDARY ATTAINMENT TO 60% AND REDUCE THE RACIAL EQUITY GAP BY 50%, BY 2030.
2022
$25K
MARKETPLACE GRANT
2022
$10K
REGIONAL ECONOMIC DEVELOPMENT
2022
$2K
PROVIDE ACCURATE AND VERIFIED DATA WITH EXTENSIVE ECONOMIC, WORKFORCE, AND EDUCATION STATISTICS TO SUPPORT DATA-DRIVEN BUSINESS, PHILANTHROPIC, POLICY, AND CAREER DECISIONS.
2022
$75K
provide funds to support a session at the annual Mackinac Policy Conference, to inform business, media, policy and philanthropic leaders about important issues impacting Michigan's children and families
2021
$50K
GENERAL OPERATING
2021
$50K
MARKETPLACE GRANT
2021
$4K
DEDICATED TO GROWING PROGRAMS OR INITIATIVES THAT ARE IMPORTANT TO THE DETROIT REGIONS ECONOMY
2021
$410K
COMMUNITY & HUMAN SERVICES
2020
$281K
COLLEGE PREP EDUCATION PROGRAM
2020
$200K
TO SUPPORT THE CHARITABLE INITIATIVES OF THE FOUNDATION.
2020
$125K
TO SUPPORT THE IMPLEMENTATION OF STRATEGIES IDENTIFIED THROUGH THE DETROIT DRIVES DEGREES EDUCATION COMPACT (D3 COMPACT), A COMPREHENSIVE POSTSECONDARY ACCESS AND SUCCESS CAMPAIGN TO BOOST EDUCATION ATTAINMENT AMONG UNDERREPRESENTED STUDENTS BOTH TRADITIONAL-AGED AND ADULT IN METROPOLITAN DETROIT.
2020
$124K
TO SUPPORT THE COMMUNITY.
2020
$111K
GENERAL OPERATIONS AND SUPPORTING MISSION
2020
$75K
provide funds to support a session at the annual Mackinac Policy Conference, to inform business, media, policy and philanthropic leaders about important issues impacting Michigan's children and families
2020
$34K
SESSION AT THE MACKINAC POLICY CONFERENCE
2020
$30K
MICHIGAN 2030 PLAN
2020
$10K
REGIONAL ECONOMIC DEVELOPMENT
2020
$10K
BIRTHDAY GRANT
2020
$3K
DEDICATED TO GROWING PROGRAMS OR INITIATIVES THAT ARE IMPORTANT TO THE DETROIT REGIONS ECONOMY
2020
$1.1M
TO SUPPORT THE CHARITABLE INITIATIVES OF THE FOUNDATION.
2019
$10K
COVID RESPONSE GRANT
2019
$10K
MCAN BIRTHDAY GRANTS
2019
$2.5M
DP SCHOLARSHIP/DPP
2018
$20K
INNOVATIVE PROGRAM GRANT
2018
$60K
sponsor a panel at the Mackinac Panel Conference entitled the Future of Work in Michigan-Partnerships Pave the Way to Prosperity, to advance conversations among Michigan leaders of the importance of community, economic and workforce development integration in eliminating barriers to employment
2017

Funded by

$29.8M from 21 funders · 70 grants · 2017–2024

Detroit Promise Scholarship

$9.6M · 3 grants · 2022–2024

Gs Donor Advised Philanthropy Fund

$7.2M · 5 grants · 2018–2024

Detroit Regional Chamber

$3.2M · 4 grants · 2019–2023

Community Foundation For Southeast

$2.5M · 5 grants · 2020–2024

The Ralph C Wilson Jr Foundation

$2.1M · 4 grants · 2022–2024

Michigan Education Excellence Foundation

$2.1M · 2 grants · 2020–2023

The Kresge Foundation

$1.2M · 9 grants · 2020–2024

Rockefeller Philanthropy Advisors Inc

$460K · 2 grants · 2018–2021

Details

EIN382352462
NTEE codeS410
Subsection03
Ruling date1981-06
Formed1981
Employees0
Volunteers334
DETROIT REGIONAL CHAMBER FOUNDATION INC — Mission, Financials & Grants Received | Grantivo