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Cinnaire Corporation Cinnaire is a private corporation based in LANSING, MI. The foundation received its IRS ruling in 1994. The principal officer is % The Corporation. It holds total assets of $72.2M. Annual income is reported at $27.7M. CINNAIRE PROVIDES FLEXIBLE LOANS AND EQUITY CAPITAL TO EXPAND AND PRESERVE AFFORDABLE HOUSING IN UNDERSERVED COMMUNITIES. THESE INVESTMENTS REVITALIZE NEIGHBORHOODS, EMPOWER INDIVIDUALS AND CREATE ECONOMIC OPPORTUNITIES. According to available records, Cinnaire Corporation Cinnaire has made 136 grants totaling $1.8M, with a median grant of $2K. The foundation has distributed between $129K and $1.1M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.1M distributed across 58 grants. Individual grants have ranged from $100 to $251K, with an average award of $13K. The foundation has supported 90 unique organizations. The foundation primarily supports organizations in Michigan, Delaware, Indiana, which account for 73% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
CINNAIRE PROVIDES EQUITY CAPITAL AND FLEXIBLE LOANS TO EXPAND AND PRESERVE AFFORDABLE HOUSING IN UNDERSERVED COMMUNITIES. THESE INVESTMENTS REVITALIZE NEIGHBORHOODS, EMPOWER INDIVIDUALS AND CREATE ECONOMIC OPPORTUNITIES.
Expenses: $24.1M
CINNAIRE PROVIDES FLEXIBLE LOANS AND EQUITY CAPITAL TO EXPAND AND PRESERVE AFFORDABLE HOUSING IN UNDERSERVED COMMUNITIES. THESE INVESTMENTS REVITALIZE NEIGHBORHOODS, EMPOWER INDIVIDUALS AND CREATE ECONOMIC OPPORTUNITIES. Based on available records, the foundation has funded 136 grants. Its grantmaking reaches organizations primarily in MI, DE, IN.
Cinnaire Corporation Cinnaire has distributed a total of $1.8M across 136 grants. The median grant size is $2K, with an average of $13K. Individual grants have ranged from $100 to $251K.
Cinnaire Corporation Cinnaire typically selects its grantees rather than accepting unsolicited proposals.
Cinnaire Corporation Cinnaire is headquartered in LANSING, MI. While based in MI, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mark Mcdaniel | CHIEF EXECUTIVE OFFICER | $899K | $44K | $943K |
| Kevin Crawley | CHIEF OPERATING OFFICER | $573K | $44K | $617K |
| Deborah Toby | CHIEF HUMAN RESOURCE OFFICER | $509K | $44K | $553K |
| Brett Oumedian | CHIEF FINANCIAL OFFICER | $509K | $44K | $552K |
| Lucius Vassar | CHIEF LEGAL OFFICER | $403K | $44K | $447K |
Total Giving
$24.6M
Total Assets
$73.4M
Fair Market Value
$73.4M
Net Worth
$63.6M
Grants Paid
$139K
Contributions
$1.1M
Net Investment Income
$1.1M
Distribution Amount
$0
Total: $15.5M
Total Grants
136
Total Giving
$1.8M
Average Grant
$13K
Median Grant
$2K
Unique Recipients
90
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Haven HouseGENERAL SUPPORT | East Lansing, MI | $5K | 2023 |
| Greater Lansing Area Holiday CommissionGENERAL SUPPORT | Lansing, MI | $70K | 2023 |
| Michigan Association Of United WaysGENERAL SUPPORT | Lansing, MI | $50K | 2023 |
| Greater Milwaukee Urban LeagueGENERAL SUPPORT | Milwaukee, WI | $3K | 2023 |
| Transcendence Performing Arts Center IncGENERAL SUPPORT | Lansing, MI | $3K |
LANSING, MI
RCH CUCAMONGA, CA
ROCHESTER, MI
NEW ORLEANS, LA
| Susan Frank | EXECUTIVE VICE PRESIDENT | $373K | $44K | $416K |
| Jennifer Everhart | EXECUTIVE VICE PRESIDENT | $345K | $44K | $389K |
| Ryan Robinson | EXECUTIVE VICE PRESIDENT | $339K | $44K | $383K |
| Katherine Forth | EXECUTIVE VICE PRESIDENT | $311K | $44K | $355K |
| Donsia Strong Hill | EXECUTIVE VICE PRESIDENT | $252K | $41K | $293K |
| Christopher Laurent | EXECUTIVE VICE PRESIDENT | $243K | $43K | $286K |
| Sarah Greenberg | EXECUTIVE VICE PRESIDENT | $221K | $34K | $255K |
| Quinetta Roberson Connally | DIRECTOR | $0 | $0 | $0 |
| Tamara Dudukovich | DIRECTOR | $0 | $0 | $0 |
| Brett Macleod | DIRECTOR | $0 | $0 | $0 |
| Sarida Scott | DIRECTOR | $0 | $0 | $0 |
| Derrick Collins | DIRECTOR | $0 | $0 | $0 |
| Donald F Tucker | DIRECTOR | $0 | $0 | $0 |
| Fred Greene | DIRECTOR | $0 | $0 | $0 |
| Paul J Weaver | DIRECTOR | $0 | $0 | $0 |
| Amandula Anderson | DIRECTOR | $0 | $0 | $0 |
| Christine R Hobbs | DIRECTOR | $0 | $0 | $0 |
| Michael J Taylor | DIRECTOR | $0 | $0 | $0 |
| Wendell Johns | DIRECTOR | $0 | $0 | $0 |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| 2023 |
| Care Free MedicalGENERAL SUPPORT | Lansing, MI | $2K | 2023 |
| Reach RiversideGENERAL SUPPORT | Wilmington, DE | $2K | 2023 |
| Chosen VisionGENERAL SUPPORT | Dewitt, MI | $1K | 2023 |
| Special Olympics MichiganGENERAL SUPPORT | Mt Pleasant, MI | $1K | 2023 |
| Breakthrough T1d (Fka Jdrf)GENERAL SUPPORT | Hagerstown, MD | $1K | 2023 |
| Michigan Children'S Trust FundGENERAL SUPPORT | Lansing, MI | $860 | 2023 |
| Capital Region Community FoundationGENERAL SUPPORT | Lansing, MI | $518 | 2023 |
| Cap ServicesGENERAL SUPPORT | Stevens Point, WI | $500 | 2023 |
| Franklin Wright SettlementsGENERAL SUPPORT | Detroit, MI | $500 | 2023 |
| Mentor WashingtonGENERAL SUPPORT | Bellevue, WA | $160 | 2023 |
| Reconstructionist Rabbinical CollegeGENERAL SUPPORT | Wyncote, PA | $150 | 2023 |
| St Jude Children'S Research HospitalGENERAL SUPPORT | Memphis, TN | $100 | 2023 |
| Area Agency On Aging Of Western MichiganGENERAL SUPPORT | Grand Rapids, MI | $100 | 2023 |
| Allen Neighborhood CenterDEBT FORGIVENESS | Lansing, MI | $250K | 2022 |
| Strikeout BaseballGENERAL SUPPORT | Grand Ledge, MI | $50K | 2022 |
| Downtown Lansing IncGENERAL SUPPORT | Lansing, MI | $30K | 2022 |
| Avis Ford IncGENERAL SUPPORT | Southfield, MI | $30K | 2022 |
| Boys & Girls Club Of AlpenaGENERAL SUPPORT | Alpena, MI | $25K | 2022 |
| National Church Residences FoundationGENERAL SUPPORT | Columbus, OH | $10K | 2022 |
| Mission First Housing GroupGENERAL SUPPORT | Philadelphia, PA | $8K | 2022 |
| Pelotonia LlcGENERAL SUPPORT | Columbus, OH | $5K | 2022 |
| Paul'S Place IncGENERAL SUPPORT | Baltimore, MD | $4K | 2022 |
| Climb UsaGENERAL SUPPORT | Madison, WI | $4K | 2022 |
| Community & Home Supports IncGENERAL SUPPORT | Detroit, MI | $4K | 2022 |
| Serviam Girls AcademyGENERAL SUPPORT | Wilmington, DE | $3K | 2022 |
| SamaritasGENERAL SUPPORT | Detroit, MI | $3K | 2022 |
| Aspire Relationship EducationGENERAL SUPPORT | Lansing, MI | $2K | 2022 |
| Christina Cultural Arts CenterGENERAL SUPPORT | Wilmington, DE | $2K | 2022 |
| Lacasa Of Goshen IncGENERAL SUPPORT | Goshen, IN | $2K | 2022 |
| Madison Public Schools Foundation IncGENERAL SUPPORT | Madison, WI | $2K | 2022 |
| Ruth Ellis Center IncGENERAL SUPPORT | Highland Park, MI | $2K | 2022 |
| Champs Male Mentoring ProgramGENERAL SUPPORT | Chicago, IL | $2K | 2022 |
| Ladies Of Virtue NfpGENERAL SUPPORT | Chicago, IL | $2K | 2022 |
| Sparrow FoundationGENERAL SUPPORT | Lansing, MI | $1K | 2022 |
| Michigan Housing CouncilGENERAL SUPPORT | Lansing, MI | $1K | 2022 |
| The Southern Poverty Law CenterGENERAL SUPPORT | Montgomery, AL | $500 | 2022 |
| Cinnaire Lending Corporation (Resident Relief Fund)GENERAL SUPPORT | Lansing, MI | $251K | 2021 |
| Brandywine Valley Friends Of The ChildrenGENERAL SUPPORT | Wilmington, DE | $20K | 2021 |
| Ball State UniversityGENERAL SUPPORT | Muncie, IN | $17K | 2021 |
| Living & Learning Enrichment CenterGENERAL SUPPORT | Northville, MI | $10K | 2021 |
| Andy'S AngelsGENERAL SUPPORT | Jackson, MI | $3K | 2021 |
| Beyond BasicsGENERAL SUPPORT | Dearborn, MI | $2K | 2021 |
| Latin United Community Housing AssociationGENERAL SUPPORT | Chicago, IL | $2K | 2021 |
| Sheltering Wngs Center For WomenGENERAL SUPPORT | Danville, IN | $2K | 2021 |
| Badgerbots Robotics CorporationGENERAL SUPPORT | Middleton, WI | $2K | 2021 |
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