Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Fibre Converters Foundation Inc. 125 East Broadway is a private corporation based in CONSTANTINE, MI. The foundation received its IRS ruling in 1957. The principal officer is David Posey. It holds total assets of $11.9M. Annual income is reported at $4M. Total assets have grown from $999K in 2011 to $10.9M in 2023. The foundation is governed by 4 officers and trustees. Tax records are available from 2017 to 2024. The foundation primarily funds organizations in Michigan and Colorado. According to available records, Fibre Converters Foundation Inc. 125 East Broadway has made 49 grants totaling $1.6M, with a median grant of $5K. Annual giving has grown from $420K in 2021 to $572K in 2023. Individual grants have ranged from $500 to $425K, with an average award of $32K. The foundation has supported 25 unique organizations. The foundation primarily supports organizations in Oklahoma, Michigan, Colorado, which account for 84% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$5K
Average Grant
$22K
Largest Grant
$150K
Based on 19 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.
Fibre Converters Foundation Inc. 125 East Broadway is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 49 grants. Its grantmaking reaches organizations primarily in OK, MI, CO.
Fibre Converters Foundation Inc. 125 East Broadway has distributed a total of $1.6M across 49 grants. The median grant size is $5K, with an average of $32K. Individual grants have ranged from $500 to $425K.
The foundation shall support activities that enrich and raise the general quality of life of individuals; assist local, national, and international christian organizations to provide quality faith based programs and materials; and help organizations provide basic human services to individuals locally and worldwide.
Fibre Converters Foundation Inc. 125 East Broadway is headquartered in CONSTANTINE, MI. While based in MI, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Laura Posey | SECRETARY | $0 | $0 | N/A |
| Donna Stuck | VICE PRESIDENT | $0 | $0 | N/A |
| David Posey | TREASURER | $0 | $0 | N/A |
| James Stuck | PRESIDENT | $0 | $0 | N/A |
Total Giving
$562K
Total Assets
$10.9M
Fair Market Value
$11.6M
Net Worth
$10.9M
Grants Paid
$497K
Contributions
$288K
Net Investment Income
$538K
Distribution Amount
$522K
Total Grants
49
Total Giving
$1.6M
Average Grant
$32K
Median Grant
$5K
Unique Recipients
25
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Oral Roberts UniversityORU WELCOME CENTER - PAYMENT 3 OF 3 | Tulsa, OK | $225K | 2023 |
| Summit MinistriesTHE SUMMIT FUND | Manitou Springs, CO | $125K | 2023 |
| Bair Lake Bible Camp2022 SUMMER CAMP & LYDIA'S HOUSE | Jones, MI | $86K | 2023 |
| Michigan Maritime MuseumFURNISHINGS FOR EDUCATION ROOM | South Haven, MI | $70K | 2023 |
| Focus On The FamilyGENERAL FUNDING 2023 | Colorado Springs, CO | $20K | 2023 |
| Ths Tiger Band Booster ClubTRAVIS MARCHING BAND SEMI-TRAILER | Richmond, TX | $18K | 2023 |
| Talons Out Honor FlightDAVID T. STUCK & ROBERT O. YANDELL MEMORIAL | Portage, MI | $5K | 2023 |
| Pregnancy Helpline Of Three Rivers2023 GENERAL SUPPORT | Three Rivers, MI | $5K | 2023 |
| St Joseph County United WayANNUAL CONTRIBUTION | Centreville, MI | $5K | 2023 |
| River Country Sports CommissionTREE PLANTING MATCH | Three Rivers, MI | $4K | 2023 |
| Comstock Elementary SchoolSCHOOL FUNDING | Portage, MI | $3K | 2023 |
| Careforce International UsaMONTHLY SUPPORT FOR CRISTIAN SANTIAGO | Scottville, MI | $3K | 2023 |
| Carnegie Center For The Arts2023 GENERAL FUND | Three Rivers, MI | $2K | 2023 |
| World Witness1 Year Nursing Scholarship Pakistan | Greenville, SC | $1K | 2023 |
| Wfrn Radio2023 ANNUAL SUPPORT | Elkhart, IN | $500 | 2023 |
| The Wbcl Radio Network2023 Annual Support | Fort Wayne, IN | $500 | 2023 |
| Domestic Assault Shelter Coalition2022 FUNDING | Three Rivers, MI | $1K | 2022 |
| Three Rivers Health Auxillary2021 Lights of Love Program | Three Rivers, MI | $500 | 2022 |
| Riverside ChurchDebt Retirement | Three Rivers, MI | $88K | 2021 |
| St Joseph County Commission On AgingCOVID 19 EXPANDED MEALS-ON-WHEELS | Three Rivers, MI | $10K | 2021 |
| St Joseph County Parks And RecreationSutter 300 Mini Trail Dozer | Centreville, MI | $8K | 2021 |
| Culture Is Not OptionalThe Huss Project - MATCHING | Three Rivers, MI | $5K | 2021 |
| TracfLOCAL GIFT CARD PROGRAM FUNDING | Three Rivers, MI | $3K | 2021 |
| Three Rivers Food Site IncSimply Give Gift Cards | Three Rivers, MI | $2K | 2021 |
| Constantine Little LeagueMASTER PLAN | Constantine, MI | $500 | 2021 |