//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. Total assets have grown from $29.3M in 2011 to $72.2M in 2024. The foundation is governed by 24 officers and trustees. 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 its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. The foundation primarily funds organizations in Michigan, Indiana and Delaware. 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.
Smallest Grant
$100
Median Grant
$2K
Average Grant
$15K
Largest Grant
$251K
Based on 27 grants from the most recent 990-PF filing.
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 |
| 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 |
| Wendell Johns | DIRECTOR | $0 | $0 | N/A |
| Paul J Weaver | DIRECTOR | $0 | $0 | N/A |
| Fred Greene | DIRECTOR | $0 | $0 | N/A |
| Donald F Tucker | DIRECTOR | $0 | $0 | N/A |
| Derrick Collins | DIRECTOR | $0 | $0 | N/A |
| Sarida Scott | DIRECTOR | $0 | $0 | N/A |
| Tamara Dudukovich | DIRECTOR | $0 | $0 | N/A |
| Quinetta Roberson Connally | DIRECTOR | $0 | $0 | N/A |
| Christine R Hobbs | DIRECTOR | $0 | $0 | N/A |
| Michael J Taylor | DIRECTOR | $0 | $0 | N/A |
| Brett Macleod | DIRECTOR | $0 | $0 | N/A |
| Amandula Anderson | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$72.2M
Fair Market Value
N/A
Net Worth
$64.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 | 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 |
| 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 |
| 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 |
| Climb UsaGENERAL SUPPORT | Madison, WI | $4K | 2022 |
| Community & Home Supports IncGENERAL SUPPORT | Detroit, MI | $4K | 2022 |
| Paul'S Place IncGENERAL SUPPORT | Baltimore, MD | $4K | 2022 |