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Shared Mission Foundation is a private corporation based in ROCHESTER, MI. The foundation received its IRS ruling in 2022. It holds total assets of $425K. Annual income is reported at $227K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Shared Mission Foundation has made 22 grants totaling $270K, with a median grant of $5K. The foundation has distributed between $120K and $150K annually from 2022 to 2023. Individual grants have ranged from $5K to $25K, with an average award of $12K. The foundation has supported 13 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
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.
Shared Mission Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in MI.
Shared Mission Foundation has distributed a total of $270K across 22 grants. The median grant size is $5K, with an average of $12K. Individual grants have ranged from $5K to $25K.
Shared Mission Foundation typically selects its grantees rather than accepting unsolicited proposals.
Shared Mission Foundation is headquartered in ROCHESTER, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sarah J Cable | PRESIDENT | $0 | $0 | N/A |
| Jennifer W Fritsch | V.P. AND SEC | $0 | $0 | N/A |
| Margaret A Walker | V.P. AND TRE | $0 | $0 | N/A |
Total Giving
$130K
Total Assets
$439K
Fair Market Value
$400K
Net Worth
$439K
Grants Paid
$120K
Contributions
$99K
Net Investment Income
$16K
Distribution Amount
$19K
Total: $409K
Total Grants
22
Total Giving
$270K
Average Grant
$12K
Median Grant
$5K
Unique Recipients
13
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Turning PointGENERAL OPERATING FUND | Mt Clemens, MI | $10K | 2023 |
| Covenant HouseGENERAL OPERATING FUND | Detroit, MI | $5K | 2022 |
| Family ServicesGENERAL OPERATING FUND | Troy, MI | $25K | 2023 |
| Vista MariaGENERAL OPERATING FUND | Dearborn Heights, MI | $25K | 2023 |
| Ozone HouseGENERAL OPERATING FUND | Ypsilanti, MI | $25K | 2023 |
| South Oakland ShelterGEBERAL OPERATING FUND | Pontiac, MI | $15K | 2023 |
| First Step Western Wayne CountyGENERAL OPERATING FUND | Plymouth, MI | $5K | 2023 |
| Covenant House Of MichiganGENERAL OPERATING FUND | Detroit, MI | $5K | 2023 |
| Chaldean American Ladies Of CharityGENERAL OPERATING FUND | Troy, MI | $25K | 2022 |
| First Step The Western Wayne County Project On Domestic AssaultGENERAL OPERATING FUND | Plymouth, MI | $25K | 2022 |
| Dutton FarmGENERAL OPERATING FUND | Rochester, MI | $5K | 2022 |
| Area Agency On Aging 1-BGENERAL OPERATING FUND | Southfield, MI | $5K | 2022 |
| Oakland HopeGENERAL OPERATING FUND | Pontiac, MI | $5K | 2022 |