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Mcfarlan Charitable Corporation is a private corporation based in FLINT, MI. The foundation received its IRS ruling in 1941. It holds total assets of $31.4M. Annual income is reported at $7.1M. OPERATION OF HOMES FOR ELDERLY WOMEN AND SENIORS WITH LOW AND MODERATE INCOME (285 UNITS TOTAL). According to available records, Mcfarlan Charitable Corporation has made 10 grants totaling $3.5M, with a median grant of $50K. Annual giving has grown from $65K in 2020 to $832K in 2023. Grantmaking activity was highest in 2022 with $2.5M distributed across 4 grants. Individual grants have ranged from $1K to $835K, with an average award of $349K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
SUPPORT OF OTHER IRC SEC. 501(C)(3) ORGANIZATIONS.
Expenses: $832K
OPERATION OF HOMES FOR ELDERLY WOMEN AND SENIORS WITH LOW AND MODERATE INCOME (285 UNITS TOTAL)
Expenses: $490K
OPERATION OF HOMES FOR ELDERLY WOMEN AND SENIORS WITH LOW AND MODERATE INCOME (285 UNITS TOTAL). Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in MI.
Mcfarlan Charitable Corporation has distributed a total of $3.5M across 10 grants. The median grant size is $50K, with an average of $349K. Individual grants have ranged from $1K to $835K.
Mcfarlan Charitable Corporation typically selects its grantees rather than accepting unsolicited proposals.
Mcfarlan Charitable Corporation is headquartered in FLINT, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Erica Thrash-Sall | EXECUTIVE DIRECTOR (ENDED 6/2023) | $40K | $2K | $42K |
| Kahlia Harper | EXECUTIVE DIRECTOR (BEGAN 8/2023) | $19K | $3K | $22K |
| Emily Doerr | DIRECTOR (ENDED 5/2023) | $0 | $0 | $0 |
| Robert Matthews | DIRECTOR (BEGAN 3/23) | $0 | $0 | $0 |
| Lisa Horne | DIRECTOR | $0 | $0 | $0 |
Total Giving
$2.3M
Total Assets
$29.9M
Fair Market Value
$29.9M
Net Worth
$29.9M
Grants Paid
$832K
Contributions
$407K
Net Investment Income
$2.8M
Distribution Amount
$0
Total: $5.3M
Total Grants
10
Total Giving
$3.5M
Average Grant
$349K
Median Grant
$50K
Unique Recipients
6
Most Common Grant
$835K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mcfarlan Kearsley Residence IncGENERAL OPERATIONS | Flint, MI | $806K | 2023 |
| Court Street Village Non-Profit Housing CorporationGENERAL OPERATIONS | Flint, MI | $26K | 2023 |
| Court Street WestOTHER GRANT | Flint, MI | $27K | 2022 |
| Hamilton Community Health NetworkPPE | Flint, MI | $60K | 2021 |
| Whaley Historical House AssociationGENERAL OPERATIONS | Flint, MI | $1K | 2021 |
Other foundations that have funded Mcfarlan Charitable Corporation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| The Harry & Jeanette Weinberg Foundation Inc. | $375K | 2023 | TO SUPPORT THE RENOVATION OF 300 UNITS OF AFFORDABLE INDEPENDENT LIVING CONNECTED TO SERVICE AND SUPPORTS THAT INCLUDE TRAUMA INFORMED AND MEMORY CARE. |
| Grace I Kleinpell Trust | $13K | 2023 | SUPPORT OF THIS CHARITY PER |
| Grace I Kleinpell Trust | $13K | 2023 | SUPPORT OF THIS CHARITY PER |
| Charles Stewart Mott Foundation | $750K | 2022 | To provide affordable independent and assisted senior housing units to residents in the city of Flint who have limited housing options based on lack of supply and below-average household incomes. |
ST PETERSBURG, FL
BIDDEFORD, ME
MINDEN, LA
PACIFIC PLSDS, CA
BOSTON, MA
| Robert Bessert | DIRECTOR | $0 | $0 | $0 |
| Cathy Metz | DIRECTOR | $0 | $0 | $0 |
| Louise Mcara | DIRECTOR | $0 | $0 | $0 |
| Donna Fry | TREASURER | $0 | $0 | $0 |
| Charles Tommasulo | VICE PRESIDENT | $0 | $0 | $0 |
| Kathy Boles | PRESIDENT | $0 | $0 | $0 |
| Lennetta Bradley Coney | SECRETARY | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Sloan MuseumCAPITAL CAMPAIGN FOR NEW BUILDING | Flint, MI | $25K | 2020 |
| Charles Stewart Mott Foundation | $750K | 2022 | To provide affordable independent and assisted senior housing units to residents in the city of Flint who have limited housing options based on lack of supply and below-average household incomes. |
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