//
Flagstar Foundation Inc. is a private corporation based in TROY, MI. The foundation received its IRS ruling in 2017. The principal officer is % Flagstar Bank F S B. It holds total assets of $19M. Annual income is reported at $1.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Flagstar Foundation Inc. has made 424 grants totaling $10.2M, with a median grant of $5K. Annual giving has decreased from $3.4M in 2021 to $2.3M in 2023. Grantmaking activity was highest in 2022 with $4.4M distributed across 194 grants. Individual grants have ranged from $350 to $700K, with an average award of $24K. The foundation has supported 263 unique organizations. The foundation primarily supports organizations in Michigan, New York, Indiana, which account for 72% of all grants. Grantmaking reaches organizations across 20 states. Contributions to this foundation are tax-deductible.
Flagstar Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 424 grants. Its grantmaking reaches organizations primarily in MI, NY, IN.
Flagstar Foundation Inc. has distributed a total of $10.2M across 424 grants. The median grant size is $5K, with an average of $24K. Individual grants have ranged from $350 to $700K.
Flagstar Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. The application deadline is SEE APPLICATION. SEE APPLICATION.
Flagstar Foundation Inc. is headquartered in TROY, MI. While based in MI, the foundation distributes grants to organizations across 20 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elizabeth Correa | MANAGING DIRECTOR | $0 | $0 | $0 |
| Paula Borja | SECRETARY | $0 | $0 | $0 |
| Laurie Mcpeck | TREASURER | $0 | $0 | $0 |
| Gary Wolf | TRUSTEE | $0 | $0 | $0 |
| Donna Krall | TRUSTEE | $0 | $0 | $0 |
| Mike Doyle |
Total Giving
$2.8M
Total Assets
$21.4M
Fair Market Value
$21.4M
Net Worth
$20.6M
Grants Paid
$2.3M
Contributions
$461K
Net Investment Income
$704K
Distribution Amount
$1.1M
Total: $0
Total Grants
424
Total Giving
$10.2M
Average Grant
$24K
Median Grant
$5K
Unique Recipients
263
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Local Initiatives Support Corp (Lisc)SUPPORT AFFORDABLE HOUSING | New York, NY | $500K | 2023 |
| Invest DetroitSUPPORT STRATEGTIC NEIGHBORHOOD | Detroit, MI | $500K | 2023 |
| Community Foundation For Se MichiganSUPPORT PONTIAC FUNDERS | Detroit, MI | $100K | 2023 |
| America'S CharitiesEAF FUND | Chantilly, VA | $50K | 2023 |
| Black United Fund Of MichiganARTS CULTURE | Detroit, MI | $30K | 2023 |
| TRUSTEE |
| $0 |
| $0 |
| $0 |
| Sonia Plata | PRESIDENT | $0 | $0 | $0 |
| Reggie Davis | TRUSTEE | $0 | $0 | $0 |
| David Hollis | TRUSTEE | $0 | $0 | $0 |
| Jennifer Charters | TRUSTEE | $0 | $0 | $0 |
| The Soup Kitchen IncWORKFORCE READINESS | Boynton Beach, FL | $26K | 2023 |
| Center For Hearing And CommunicationWORKFORCE READINESS | New York, NY | $26K | 2023 |
| A New Leaf IncFINANCIAL CAPABILITY | Mesa, AZ | $26K | 2023 |
| Hispanic Unity Of Florida IncFINANCIAL CAPABILITY | Hollywood, FL | $25K | 2023 |
| Near West Side Multi Service CorpWORKFORCE READINESS | Cleveland, OH | $25K | 2023 |
| Arizona Center For The Blind And Visually ImpairedWORKFORCE READINESS | Phoenix, AZ | $25K | 2023 |
| Pathways Of Prosperity IncWORKFORCE READINESS | Boynton Beach, FL | $25K | 2023 |
| Services To Enhance PotentialWORKFORCE READINESS | Dearborn, MI | $25K | 2023 |
| Housing Partnership IncFINANCIAL CAPABILITY | Riviera Beach, FL | $25K | 2023 |
| SamritasWORKFORCE READINESS | Detroit, MI | $25K | 2023 |
| Corporate Source IncWORKFORCE READINESS | Garden City, NY | $25K | 2023 |
| Spanish American Committee For Better CommunityWORKFORCE READINESS | Cleveland, OH | $25K | 2023 |
| Detroit Historical SocietyARTS AND CULTURE | Detroit, MI | $25K | 2023 |
| Community Access Center IncFINANCIAL CAPABILITY | Miramar, FL | $25K | 2023 |
| Young Mens Christian Association Of South Florida IncARTS AND CULTURE | Fort Lauderdale, FL | $25K | 2023 |
| Wayne - Metro Community Action AgencyFINANCIAL CAPABILITY | Detroit, MI | $25K | 2023 |
| The Children'S Musuem Of ClevelandARTS AND CULTURE | Cleveland, OH | $25K | 2023 |
| 826 MichiganARTS AND CULTURE | Ann Arbor, MI | $25K | 2023 |
| Enterprise Community Partners IncWORKFORCE READINESS | Columbia, MD | $25K | 2023 |
| Center For Independent Living Broward IncFINANCIAL CAPABILITY | Lauderdale Lakes, FL | $25K | 2023 |
| SpacesARTS AND CULTURE | Cleveland, OH | $25K | 2023 |
| Dutton Farm IncWORKFORCE READINESS | Rochester, MI | $25K | 2023 |
| Miami Rescue Mission Broward Outreach Centers IncWORKFORCE READINESS | Miami, FL | $25K | 2023 |
| Fort Wayne Dance Collective IncARTS AND CULTURE | Fort Wayne, IN | $20K | 2023 |
| Community Action AgencyFINANCIAL CAPABILITY - VITA | Jackson, MI | $20K | 2023 |
| Honeywell Foundation IncARTS AND CULTURE | Wabash, IN | $20K | 2023 |
| The Russell Life Skills And Reading Foundation IncARTS AND CULTURE | Plantation, FL | $20K | 2023 |
| Young At Art Of Broward IncARTS AND CULTURE | Plantation, FL | $20K | 2023 |
| Saugatuck Center For The Arts IncARTS AND CULTURE | Saugatuck, MI | $20K | 2023 |
| Mesa United Way IncFINANCIAL CAPABILITY - VITA | Mesa, AZ | $20K | 2023 |
| Sos Children'S Village Florida IncWORKFORCE READINESS | Coconut Creek, FL | $20K | 2023 |
| United Way Of Allen County IncFINANCIAL CAPABILITY - VITA | Fort Wayne, IN | $15K | 2023 |
| Logan Community Resources IncWORKFORCE READINESS | South Bend, IN | $15K | 2023 |
| Catholic Charities Of The Diocese Of Fort WayneFINANCIAL CAPABILITY - VITA | Fort Wayne, IN | $15K | 2023 |
| Seeds For AutismWORKFORCE READINESS | Phoenix, AZ | $15K | 2023 |
| American Red Cross-Michigan RegionDISASTER SUPPORT | Detroit, MI | $15K | 2023 |
| The Village A Community Musical Arts Alliance IncARTS AND CULTURE | South Bend, IN | $15K | 2023 |
| Chicanos Por La Causa IncWORKFORCE READINESS | Phoenix, AZ | $10K | 2023 |
| Catjolic Charities Community Services IncARTS AND CULTURE | Phoenix, AZ | $10K | 2023 |
| Child And Family Services Of MichiganBOARD SUPPORT AND ERG | Jackson, MI | $10K | 2023 |
| Boys And Girls Club Of Fort Wayne IncARTS AND CULTURE | Fort Wayne, IN | $10K | 2023 |
| Boys Hope Girls HopeBOARD SUPPORT | Detroit, MI | $10K | 2023 |
| Free Arts For Abused Children Of ArizonaARTS AND CULTURE | Phoenix, AZ | $10K | 2023 |
| Rosie'S House A Music Academy For Children IncARTS AND CULTURE | Phoenix, AZ | $10K | 2023 |
© 2026 Granted AI