LANSING, MI

Cinnaire Corporation Cinnaire

Quick Facts

EIN: 383126310
Location: LANSING, MI
Category: Human Services
Total Assets: $72.2M
Annual Income: $27.7M
IRS Ruling Year: 1994
Organization Type: Corporation
Principal Officer: % The Corporation
Tax Deductibility: Contributions are deductible

About This Foundation

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. The foundation operates in the area of human services. Contributions to this foundation are tax-deductible.

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Financial Overview

Total Giving

$24.6M

2023+9%

Total Assets

$73.4M

2023-3%

Fair Market Value

$73.4M

2023

Net Worth

$63.6M

2023

Grants Paid

$139K

2023

Contributions

$1.1M

2023

Net Investment Income

$1.1M

2023

Distribution Amount

2023

Total Giving by Year

$10.3M

$12.7M

$11.5M

$13.3M

$16.4M

$18.9M

$17.4M

$16.4M

$19.3M

$22.6M

$24.6M

Asset Growth

$29.3M

$30.8M

$37.3M

$48.8M

$60.4M

$51.6M

$45.2M

$63.9M

$74.6M

$75.6M

$73.4M

Investment Portfolio (2023)

Total: $15.5M

Corporate Stock: $667K

Corporate Bonds: $7.4M

Government Obligations: $7.5M

Other Investments: $207K

Corporate Stock (4%)

Corporate Bonds (47%)

Government Obligations (47%)

Other Investments (1%)

Expense Breakdown (2023)

Officer Compensation$5M

Pension & Benefits$2.7M

Travel & Conferences$836K

Occupancy$607K

Accounting Fees$164K

Grants Paid$139K

Legal Fees$106K

Depreciation$60K

Interest$8K

Revenue Sources (2023)

Other Income: $22.8M
Interest: $1.2M
Contributions: $1.1M
Capital Gains (Net): $601K

Financial Details (2023)

Total Revenue: $25.7M
Total Expenses: $24.6M
Exempt Purpose Expenses: $139K
Required Distribution: $0
Undistributed Income: $0
Total Liabilities: $9.8M
Excise Tax: $15K
Tax Due: $16K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

Total Giving

$1M

Average Grant

$21K

Median Grant

$3K

Total Giving by Year

$331K (3 grants)

$568K (29 grants)

$139K (18 grants)

Grant Range

Min$100

Max$251K

Median: $3K

Smallest grantLargest grant

Openness to New Grantees (2023)

67%

of 2023 grantees were first-time recipients

Geographic Distribution of Grants

WA: $160 (1)

WI: $9K (4)

MI: $990K (31)

IL: $4K (2)

IN: $2K (1)

OH: $15K (2)

PA: $8K (2)

MD: $5K (2)

DE: $7K (3)

TN: $100 (1)

AL: $500 (1)

MI$990K (31)

OH$15K (2)

WI$9K (4)

PA$8K (2)

DE$7K (3)

MD$5K (2)

Past Grantees

Recipient	Location	Amount	Year
Greater Lansing Area Holiday CommissionGENERAL SUPPORT	Lansing, MI	$70K	2023
Michigan Association Of United WaysGENERAL SUPPORT	Lansing, MI	$50K	2023
Haven HouseGENERAL SUPPORT	East Lansing, MI	$5K	2023
Greater Milwaukee Urban LeagueGENERAL SUPPORT	Milwaukee, WI	$3K	2023
Transcendence Performing Arts Center IncGENERAL SUPPORT	Lansing, MI	$3K	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
Franklin Wright SettlementsGENERAL SUPPORT	Detroit, MI	$500	2023
Cap ServicesGENERAL SUPPORT	Stevens Point, WI	$500	2023
Mentor WashingtonGENERAL SUPPORT	Bellevue, WA	$160	2023
Reconstructionist Rabbinical CollegeGENERAL SUPPORT	Wyncote, PA	$150	2023
Area Agency On Aging Of Western MichiganGENERAL SUPPORT	Grand Rapids, MI	$100	2023
St Jude Children'S Research HospitalGENERAL SUPPORT	Memphis, TN	$100	2023
Allen Neighborhood CenterDEBT FORGIVENESS	Lansing, MI	$250K	2022
Strikeout BaseballGENERAL SUPPORT	Grand Ledge, MI	$50K	2022
Michigan Association Of United WaysGENERAL SUPPORT	Lansing, MI	$50K	2022
Greater Lansing Area Holiday CommissionGENERAL SUPPORT	Lansing, MI	$50K	2022
Avis Ford IncGENERAL SUPPORT	Southfield, MI	$30K	2022
Downtown Lansing IncGENERAL SUPPORT	Lansing, MI	$30K	2022
Boys & Girls Club Of AlpenaGENERAL SUPPORT	Alpena, MI	$25K	2022
Michigan Children'S Trust FundGENERAL SUPPORT	Lansing, MI	$19K	2022
National Church Residences FoundationGENERAL SUPPORT	Columbus, OH	$10K	2022
Mission First Housing GroupGENERAL SUPPORT	Philadelphia, PA	$8K	2022
Transcendence Performing Arts Center IncGENERAL SUPPORT	Lansing, MI	$5K	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
Haven HouseGENERAL SUPPORT	East Lansing, MI	$3K	2022
Serviam Girls AcademyGENERAL SUPPORT	Wilmington, DE	$3K	2022
SamaritasGENERAL SUPPORT	Detroit, MI	$3K	2022
Christina Cultural Arts CenterGENERAL SUPPORT	Wilmington, DE	$2K	2022
Aspire Relationship EducationGENERAL SUPPORT	Lansing, MI	$2K	2022
Ruth Ellis Center IncGENERAL SUPPORT	Highland Park, MI	$2K	2022
Madison Public Schools Foundation IncGENERAL SUPPORT	Madison, WI	$2K	2022
Lacasa Of Goshen IncGENERAL SUPPORT	Goshen, IN	$2K	2022
Champs Male Mentoring ProgramGENERAL SUPPORT	Chicago, IL	$2K	2022
Ladies Of Virtue NfpGENERAL SUPPORT	Chicago, IL	$2K	2022
Special Olympics MichiganGENERAL SUPPORT	Mt Pleasant, MI	$1K	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
Greater Lansing Area Holiday CommissionGENERAL SUPPORT	Lansing, MI	$50K	2021
Michigan Association Of United WaysGENERAL SUPPORT	Lansing, MI	$30K	2021