Nonprofits›Transforming Power Fund
Human Services
Transforming Power Fund
DETROIT, MI
Total revenue
$93K
Total expenses
$1.9M
Net assets
$2.5M
Grants received
$2.4M
10 grants
EIN
873800736
Tax year
2024
Mission
The transforming power fund provides funding, training and other resources for local projects that address the root causes of systematic problems.
Financials
FY 2024
Revenue
Contributions & grants$92K
Program service revenue—
Investment income$1K
Other revenue—
Total revenue$93K
Expenses
Grants paid$1.4M
Salaries & benefits$256K
Fundraising$1K
Other expenses$225K
Total expenses$1.9M
Total assets$2.5M
Net assets$2.5M
People
5 listed
NameRoleCompensation
BISHOP MARCIA DINKINS
EXECUTIVE DIRECTOR
Board
$57K
40 hrs/wk
REV JOAN ROSS
TREASURER
Board
—
1 hrs/wk
LINDA CAMPBELL
MEMBER
Board
—
1 hrs/wk
MONICA LEWIS-FITZPATRICK
MEMBER
Board
—
1 hrs/wk
SARIDA SCOTT
MEMBER
Board
—
1 hrs/wk
Independent contractors
MISSION LIFT
CONSULTING
Grants received
Showing 10 of 10
FromAmountPurposeYear
$352K
THIS CROSS-TEAM GRANT SUPPORTS THE TRANSFORMING POWER FUND'S CULTURALLY ROOTED, PARTICIPATORY GRANTMAKING PRACTICES THAT CONTRIBUTE TO COMMUNITY BUILDING AND RESIDENT LEADERSHIP.
2023
$300K
THIS CROSS-TEAM GRANT SUPPORTS THE TRANSFORMING POWER FUND'S CULTURALLY ROOTED, PARTICIPATORY GRANTMAKING PRACTICES THAT CONTRIBUTE TO COMMUNITY BUILDING AND RESIDENT LEADERSHIP.
2022
Funded by
$2.4M from 7 funders · 10 grants · 2022–2024
The Ford Foundation
$660K · 1 grant · 2023
The Kresge Foundation
$652K · 2 grants · 2022–2023
Surdna Foundation Inc
$475K · 1 grant · 2022
Allied Media Projects Inc
$298K · 3 grants · 2023–2024
Builders Vision Foundation
$250K · 1 grant · 2023
Impactassetsinc
$15K · 1 grant · 2022
Fidelity Investments Charitable Gift Fund
$11K · 1 grant · 2023
Details
EIN873800736
NTEE codeP20
Subsection03
Ruling date2022-06
Formed2019
Employees4