NonprofitsMichigan Lutheran Seminary Foundation

Religion-Related

Michigan Lutheran Seminary Foundation

SAGINAW, MI

Total revenue

$620K

Total expenses

$459K

Net assets

$1.9M

Grants received

$438K

20 grants

EIN

352159001

Tax year

2023

Mission

To support christian education at all levels.

Financials

FY 2023

Revenue

Contributions & grants$319K
Program service revenue
Investment income$237K
Other revenue$63K
Total revenue$620K

Expenses

Grants paid$160K
Salaries & benefits$203K
Fundraising$7K
Other expenses$95K
Total expenses$459K
Total assets$2.4M
Net assets$1.9M

People

15 listed

NameRoleCompensation

MICHAEL SCHARRER

PRESIDENT

Board

0.5 hrs/wk

CHRIS KESTNER

VICE PRESIDE

Board

0.5 hrs/wk

MIKE WILTSE

SECRETARY

Board

0.5 hrs/wk

LEE MILLER

TREASURER

Board

0.5 hrs/wk

GEORGE BARRETT

BOARD MEMBER

Board

0.5 hrs/wk

JULIE BARRETT

BOARD MEMBER

Board

0.5 hrs/wk

DAVID EDDY

BOARD MEMBER

Board

0.5 hrs/wk

KELLY EDDY

BOARD MEMBER

Board

0.5 hrs/wk

BARB SCHREINER

BOARD MEMBER

Board

0.5 hrs/wk

RON SCHREINER

BOARD MEMBER

Board

0.5 hrs/wk

REV JASON BALDWIN

BOARD MEMBER

Board

0.5 hrs/wk

JODIE BALDWIN

BOARD MEMBER

Board

0.5 hrs/wk

ERIC CERESKE

BOARD MEMBER

Board

0.5 hrs/wk

GARY GILGEN

BOARD MEMBER

Board

0.5 hrs/wk

TOM SPAUDE

BOARD MEMBER

Board

0.5 hrs/wk

Grants received

Showing 20 of 20

FromAmountPurposeYear
$50K
RELIGION RELATED
2023
$35K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$29K
GENERAL SUPPORT
2023
$7K
General Support
2023
$36K
GENERAL SUPPORT
2022
$30K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$29K
For grant recipient's exempt purposes
2022
$8K
General Support
2022
$7K
GENERAL SUPPORT
2022
$34K
GENERAL SUPPORT
2021
$21K
For grant recipient's exempt purposes
2021
$21K
For grant recipient's exempt purposes
2021
$45K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$33K
GENERAL SUPPORT
2020
$3K
STUDENT SCHOLARSHIPS
2020
$34K
GENERAL SUPPORT
2018
$2K
STUDENT SCHOLARSHIPS
2018
$2K
PRESIDENTIAL STUDENT ASSIST. FUND
2018

Funded by

$438K from 8 funders · 20 grants · 2018–2023

Winifried W Keturakat Trust

$166K · 5 grants · 2018–2023

Vanguard Charitable Endowment Program

$110K · 3 grants · 2020–2023

Fidelity Investments Charitable Gift Fund

$71K · 3 grants · 2021–2022

Thrivent Financial for Lutherans

$15K · 2 grants · 2022–2023

Saginaw Community Foundation

$12K · 2 grants · 2022

John & Ann L Koester Charitable Tr

$7K · 3 grants · 2018–2020

The Blackbaud Giving Fund

$7K · 1 grant · 2022

Details

EIN352159001
NTEE codeX12
Subsection03
Ruling date2003-05
Formed2001
Employees3
Volunteers24
MICHIGAN LUTHERAN SEMINARY FOUNDATION — Mission, Financials & Grants Received | Grantivo