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Mike Morse Foundation is a private corporation based in SOUTHFIELD, MI. The foundation received its IRS ruling in 2017. The principal officer is John R Nachazel. It holds total assets of $986K. Annual income is reported at $527K. Total assets have grown from $223K in 2019 to $706K in 2023. The foundation is governed by 5 officers and trustees. Each student of the detroit public school system was provided a backpack filled with school supplies. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Michigan. According to available records, Mike Morse Foundation has made 5 grants totaling $477K, with a median grant of $142K. Annual giving has grown from $194K in 2021 to $283K in 2022. Individual grants have ranged from $5K to $164K, with an average award of $95K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$33K
Average Grant
$67K
Largest Grant
$188K
Based on 5 grants from the most recent 990-PF filing.
Each student of the detroit public school system was provided a backpack filled with school supplies.
Expenses: $188K
Each student of the detroit public school system was provided a backpack filled with school supplies. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in MI.
Mike Morse Foundation has distributed a total of $477K across 5 grants. The median grant size is $142K, with an average of $95K. Individual grants have ranged from $5K to $164K.
Mike Morse Foundation typically selects its grantees rather than accepting unsolicited proposals.
Mike Morse Foundation is headquartered in SOUTHFIELD, MI.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John R Nachazel | TREASURER | $0 | $0 | N/A |
| David Seidel | SECRETARY | $0 | $0 | N/A |
| Janet Rosenberg | DIRECTOR | $0 | $0 | N/A |
| Jason Zimmerman | DIRECTOR | $0 | $0 | N/A |
| Michael J Morse | PRESIDENT | $0 | $0 | N/A |
Total Giving
$81K
Total Assets
$706K
Fair Market Value
$706K
Net Worth
$706K
Grants Paid
$78K
Contributions
$250K
Net Investment Income
$13K
Distribution Amount
N/A
Total Grants
5
Total Giving
$477K
Average Grant
$95K
Median Grant
$142K
Unique Recipients
3
Most Common Grant
$142K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Detroit Public SchoolsCHARITABLE PURPOSE | Detroit, MI | $142K | 2022 |
| Michigan Humane SocietyCHARITABLE PURPOSE | Bingham Farms, MI | $24K | 2021 |
| Orchards Childrens ServicesCHARITABLE PURPOSE | Detroit, MI | $5K | 2021 |