Homepoint Foundation Inc
Homepoint Foundation Inc is a private foundation, based in Ann Arbor, MI. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grant totaling $11K. Net investment income was $1.
Homepoint Foundation Inc at a glance
In short: Homepoint Foundation Inc gave $11K across 1 grant in 2024 (avg $11K), mostly in Michigan. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $10,684
- -98.9% vs 2023
- Grants made (2024)
- 1
- -80.0% vs 2023
- Average grant
- $10,684
- -94.7% vs 2023
- Median grant
- $10,684
- Primary geography
- Michigan (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Homepoint Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Habitat for Humanity of Huron Valley ($11K).
Grant Size Distribution
19 grants across all recorded years
The most common grant size was under $50K: 13 grants of 19 (68%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Homepoint Foundation Inc gives
- Giving fell 35% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $11K (2024) to $1.0M (2023). In 2024 it made 1 grant totaling $11K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Habitat for Humanity of Huron Valley Ann Arbor, MI | Contribution | $10,684 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | — | $1 | $23,730 | $10,684 | 1 | $10,684 | $1 | $313 |
| 2023 | $23,729 | $6,787 | $1,011,767 | $1,003,485 | 5 | $1,003,485 | $656 | $11,853 |
| 2022 | $1,030,484 | $41,056 | $194,405 | $177,669 | 8 | $177,669 | $1,494 | $54,259 |
| 2021 | $1,188,233 | $1,042,592 | $49,317 | $16,400 | 5 | $32,652 | $1,588 | $41,233 |
| 2020 | $191,033 | $191,941 | $3,158 | — | — | — | $3 | $266 |
Under IRS private-foundation payout rules, Homepoint Foundation Inc reported a distributable amount of $313 for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Homepoint Foundation Inc is led by Ethan Elzen, President on every filing since 2023; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Ethan Elzen
President
On filings since 2023
0.1 hrs/week
No compensation reported
Brett Scribner
Vice President
On filings since 2023
0.1 hrs/week
No compensation reported
Lisa Lykins
Secretary
On filings since 2023
0.1 hrs/week
No compensation reported
Former officers (7)
- Former: Lisa Patterson (2020–2022) — President
- Former: Juianne Ilstrup (2021–2022) — Secretary
- Former: Lesley Alli (2021–2022) — Vice President & Treasurer
- Former: Deandre Lipscomb (2020–2021) — President
- Former: Ginger Wilcox (2020–2021) — Director
- Former: Kristin Supancich (2020–2021) — Vice President
- Former: Ross Gloudeman (2020) — Treasurer
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Homepoint Foundation Inc
How much does Homepoint Foundation Inc give each year?
Homepoint Foundation Inc gave $11K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.0M across 5 grants.
Where does Homepoint Foundation Inc operate?
Homepoint Foundation Inc has awarded grants in Alabama, Colorado, District of Columbia, Indiana, Kansas, Michigan, Minnesota, New Jersey, Texas, Utah.
How much is Homepoint Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Homepoint Foundation Inc reported a distributable amount of $313 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Homepoint Foundation Inc's EIN?
Homepoint Foundation Inc's EIN (Employer Identification Number) is 85-3288007. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS August 7, 2023)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 14, 2024)
- IRS filings on file for fiscal years 2020–2024
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