Nonprofits›Venture Michigan Fund
Community Improvement & Capacity Building
Venture Michigan Fund
NEW YORK, NY
Total revenue
$30.8M
Total expenses
$1.8M
Net assets
$251.5M
Grants received
—
EIN
201443645
Tax year
2024
Mission
To raise capital and invest that capital in venture capital firms with the intent to benefit the state of michigan's early or seed stage businesses.
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue—
Investment income$7.1M
Other revenue$23.7M
Total revenue$30.8M
Expenses
Grants paid—
Salaries & benefits—
Fundraising—
Other expenses$1.8M
Total expenses$1.8M
Total assets$255.7M
Net assets$251.5M
People
7 listed
NameRoleCompensation
JEFFREY RINVELT
TREASURER
Board
—
0SCOTT IDLE
PRESIDENT
Board
—
0DAWN BATTS
SECRETARY
Board
—
0ANN STORBERG
n/a
Board
—
0TIM EASTERWOOD
n/a
Board
—
0FREDRICK MOLNAR
n/a
Board
—
0BRANDON WAY
n/a
Board
—
0Details
EIN201443645
NTEE codeS123
Subsection03
Ruling date2005-03
Formed2004
Employees0
Volunteers7