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Broad Family Foundation Inc. is a private corporation based in TRAVERSE CITY, MI. The foundation received its IRS ruling in 2015. The principal officer is Todd Broad. It holds total assets of $10.3M. Annual income is reported at $1.5M. Total assets have grown from $243K in 2014 to $10.3M in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Michigan. According to available records, Broad Family Foundation Inc. has made 96 grants totaling $1.6M, with a median grant of $10K. Annual giving has grown from $340K in 2020 to $675K in 2022. Individual grants have ranged from $2K to $113K, with an average award of $17K. The foundation has supported 39 unique organizations. Grants have been distributed to organizations in Michigan and Colorado. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$14K
Largest Grant
$50K
Based on 25 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Broad Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 96 grants. Its grantmaking reaches organizations primarily in MI, CO.
Broad Family Foundation Inc. has distributed a total of $1.6M across 96 grants. The median grant size is $10K, with an average of $17K. Individual grants have ranged from $2K to $113K.
Broad Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Broad Family Foundation Inc. is headquartered in TRAVERSE CITY, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Todd E Broad | PRESIDENT | $0 | $0 | N/A |
| Michelle A Broad | SECRETARY | $0 | $0 | N/A |
| Tyler L Broad | DIRECTOR | $0 | $0 | N/A |
| Abbie A Clark | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$10.3M
Fair Market Value
N/A
Net Worth
$10.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
96
Total Giving
$1.6M
Average Grant
$17K
Median Grant
$10K
Unique Recipients
39
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Big Brothers Big SistersGENERAL OPERATING | Traverse City, MI | $13K | 2022 |
| National Christian FoundationGENERAL OPERATING | Ada, MI | $113K | 2022 |
| Single MommGENERAL OPERATING | Traverse City, MI | $28K | 2022 |
| Women'S Resource CenterGENERAL OPERATING | Traverse City, MI | $22K | 2022 |
| Michaels PlaceGENERAL OPERATING | Traverse City, MI | $19K | 2022 |
| Child & Family Services Of Northwest MichiganGENERAL OPERATING | Traverse City, MI | $16K | 2022 |
| Peace RanchGENERAL OPERATING | Traverse City, MI | $16K | 2022 |
| Young Life MinistriesGENERAL OPERATING | Traverse City, MI | $16K | 2022 |
| Traverse Bay Childrens Advocacy Center IncGENERAL OPERATING | Traverse City, MI | $15K | 2022 |
| Father Fred FoundationGENERAL OPERATING | Traverse City, MI | $14K | 2022 |
| Lake Ann Baptist Camp IncGENERAL OPERATING | Lake Ann, MI | $10K | 2022 |
| Northwest Michigan Supportive HousingGENERAL OPERATING | Traverse City, MI | $9K | 2022 |
| Meals On WheelsGENERAL OPERATING | Traverse City, MI | $8K | 2022 |
| Leelanau Christian Neighbors IncGENERAL OPERATING | Lake Leelanau, MI | $8K | 2022 |
| Grand Traverse Area Catholic SchoolsGENERAL OPERATING | Traverse City, MI | $8K | 2022 |
| Habitat For HumanityGENERAL OPERATING | Traverse City, MI | $6K | 2022 |
| Brickways FoundationGENERAL OPERATING | Traverse City, MI | $6K | 2022 |
| The Salvation Army - Traverse CityGENERAL OPERATING | Traverse City, MI | $3K | 2022 |
| Benzie Area Christian Neighbors IncGENERAL OPERATING | Benzonia, MI | $3K | 2022 |
| Pregnancy Care CenterGENERAL OPERATING | Traverse City, MI | $3K | 2022 |
| Generations AheadGENERAL OPERATING | Traverse City, MI | $3K | 2022 |
| Disability Network Of Northern MichiganGENERAL OPERATING | Traverse City, MI | $2K | 2022 |
| Good News Media - WljnCHARITABLE | Traverse City, MI | $100K | 2021 |
| Traverse Bay Advocacy CenterCHARITABLE | Traverse City, MI | $35K | 2021 |
| Child And Family ServicesCHARITABLE | Traverse City, MI | $30K | 2021 |