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Isabella Bank Foundation is a private corporation based in MT PLEASANT, MI. The foundation received its IRS ruling in 1997. It holds total assets of $1.2M. Annual income is reported at $64K. Total assets have grown from $900K in 2011 to $1.2M in 2024. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Michigan. According to available records, Isabella Bank Foundation has made 37 grants totaling $890K, with a median grant of $10K. The foundation has distributed between $164K and $303K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $303K distributed across 10 grants. Individual grants have ranged from $5K to $106K, with an average award of $24K. The foundation has supported 19 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$6K
Average Grant
$19K
Largest Grant
$106K
Based on 12 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.
Isabella Bank Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in MI.
Isabella Bank Foundation has distributed a total of $890K across 37 grants. The median grant size is $10K, with an average of $24K. Individual grants have ranged from $5K to $106K.
Gifts, grants and/or contributions will be made to qualified 501(c)(3) organizations or activities in the county of isabella, the community of mt. Pleasant, mi and/or elsewhere in the state of michigan to the extent that such activity or organization benefits the citizens of isabella county or the immediate surrounding area.
Isabella Bank Foundation is headquartered in MT PLEASANT, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steven Pung | DIRECTOR | $0 | $0 | N/A |
| Jae Evans | CHAIRMAN/TREASURER | $0 | $0 | N/A |
| Rechelle Richardson | SECRETARY | $0 | $0 | N/A |
| Jerome Schwind | PRESIDENT | $0 | $0 | N/A |
| Dave Keilitz | DIRECTOR | $0 | $0 | N/A |
| James Wojcik | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.2M
Fair Market Value
N/A
Net Worth
$1.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
37
Total Giving
$890K
Average Grant
$24K
Median Grant
$10K
Unique Recipients
19
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Central Michigan UniversityCHIPPEWA CHAMPION CENTER | Mt Pleasant, MI | $106K | 2023 |
| Breckenridge Community SchoolsBASEBALL AND SOFTBALL SCOREBOARDS | Breckenridge, MI | $18K | 2023 |
| Central Montcalm Sports BoostersSCOREBOARD | Stanton, MI | $18K | 2023 |
| Farwell High SchoolINDOOR SCOREBOARDS | Farwell, MI | $17K | 2023 |
| Ithaca Junior High SchoolSCOREBOARD | Ithaca, MI | $11K | 2023 |
| Mid Michigan Medical Heart And Vascular CenterHEART & VASCULAR CENTER CAMPAIGN PLEDGE | Midland, MI | $10K | 2023 |
| Saginaw Valley State University FoundationGENERAL SUPPORT | University Center, MI | $5K | 2023 |
| Montcalm Community College FoundationCENTER OF NURSING AND HEALTH CAREER | Sidney, MI | $5K | 2023 |
| My Michigan Health FoundationALMA PLEDGE | Midland, MI | $5K | 2023 |
| Mclaren Central Michigan3D MAMMOGRAPHY MACHINE | Mt Pleasant, MI | $25K | 2022 |
| Alma CollegeOPERA HOUSE PLEDGE | Alma, MI | $5K | 2022 |
| Mid Michigan College FoundationPLEDGE FOR NEW CONSTRUCTION ON HARRISON CAMPUS | Harrison, MI | $13K | 2021 |
| Sme Education FoundationPLEDGED DONATION | Southfield, MI | $5K | 2021 |
| Midmichigan HealthHEART & VASCULAR CENTER CAMPAIGN PLEDGE | Midland, MI | $10K | 2020 |
| Svsu School Of BusinessDONATION | Saginaw, MI | $8K | 2020 |
| Mecosta County Area Chamber Of CommerenceWELCOME CENTER | Big Rapids, MI | $5K | 2020 |
| Greenville Area Community FoundationPLEDGE FOR BRIDGE | Greevnille, MI | $5K | 2020 |
| Mt Pleasant Area Community FoundationPLEDGED ENDOWMENT | Mt Pleasant, MI | $5K | 2020 |
| Ferris State UniversitySCHOLARSHIP, PLEDGE | Big Rapids, MI | $5K | 2020 |