Invest Detroit Foundation
Invest Detroit Foundation is a public charity based in Detroit, Michigan. Its stated mission is to promote quality of life in distressed communities, primarily in Detroit, by supporting community development and addressing economic blight.
Invest Detroit Foundation at a glance
In short: Invest Detroit Foundation gave $602K across 13 grants in 2024 (avg $46K), mostly in Michigan. 62% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $602,254
- -47.2% vs 2023
- Grants made (2024)
- 13
- -7.1% vs 2023
- Average grant
- $46,327
- -43.1% vs 2023
- Median grant
- $25,000
- Total assets
- $208,587,430
- +11.8% vs 2023
- New grantees (estimate)
- 62% first-time grantees (8 of 13, 2024; small sample)
- Primary geography
- Michigan (94% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Invest Detroit Foundation
- Contact
Mailing address: 600 Renaissance Center 1710, Detroit, MI 48243
Phone: (313) 259-6368
Website: https://investdetroit.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Invest Detroit Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Life Remodeled ($178K). Together the top 10 received $572K.
Grant Size Distribution
160 grants across all recorded years
The most common grant size was under $50K: 130 grants of 160 (81%).
Geographic Focus
Where this funder awards grants
The foundation describes its mission and programs as focused primarily on Detroit and the region. In 2024, 94% of reported grant dollars went to recipients in Michigan and 6% to recipients in Texas.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
Cities
Is Invest Detroit Foundation open to new grantees?
62%
first-time grantees, 2024
In 2024, 8 of 13 grantees (62%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $31K; repeat grants $71K. How we count
Medians: $20K first-time, $54K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $602K (2024) to $8.4M (2021). In 2024 it made 13 grants totaling $602K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Life Remodeled Detroit, MI | Dexter Facade Program (Life Remodeled) Spark Grant | $178,300 |
| Osborn Neighborhood Alliance Detroit, MI | Mapleridge Duplex (G7) Rehab Project Grant | $91,316 |
| City of Detroit Detroit, MI | Dexter Wayfinding Grant | $82,050 |
| East Warren Development Corp Detroit, MI | E. Warren Fest 2024 - Community Engagement Grant | $54,329 |
| Detroit CDFI Coalition Detroit, MI | Detroit cdfi coalition grant, from incoming grants 1/2 from kresge and 1/2 from hw | $50,000 |
| Better Block Foundation Dallas, TX | G7 Pavillion Spark Grant | $35,700 |
| Michigan CDFI Coalition Lansing, MI | Passthru grant from the kresge foundation for mi cdfi coalition | $25,000 |
| Metro Solutions Inc Southfield, MI | Greater detroit windsor project passthru grant of hudson webber gos | $25,000 |
| Empowerment Plan Detroit, MI | SNF Community Engagment - Plan Mural and Activities | $15,840 |
| Sadza Space Detroit, MI | SNF Community Engagement Grant | $14,960 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $208,587,430 | $32,419,547 | $22,165,504 | $602,254 | 13 | $2,014,935 |
| 2023 | $186,536,906 | $29,564,845 | $14,291,075 | $1,140,329 | 14 | $1,484,354 |
| 2022 | $161,002,008 | $24,220,233 | $16,790,775 | $4,542,500 | 12 | $327,653 |
| 2021 | $154,389,743 | $12,808,930 | $21,728,487 | $8,408,404 | 21 | $189,650 |
| 2020 | $153,330,956 | $36,635,285 | $12,609,786 | $3,045,500 | 100 | $146,212 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated mission is to promote a higher quality of life in distressed communities, primarily in Detroit, by attracting new industry and encouraging the development of business, housing, transportation, and other community resources. It says it provides loans and financial assistance to promote community development and combat community deterioration and economic blight.
Its website describes support for real estate projects, locally owned small businesses, commercial and industrial enterprises, and startup investment. It says its real estate program supports new construction and renovation, including mixed-use projects and affordable housing, and that its small-business program offers loans and technical assistance.
Among the 2024 grantees, LIFE REMODELED described its mission as bringing communities and organizations together to revitalize Detroit neighborhoods equitably and sustainably. Osborn Neighborhood Alliance said it advocates for resources to improve residents’ quality of life. Better Block Foundation described its work as equipping communities and leaders to reshape built environments and promote vibrant neighborhoods. Metro Solutions Inc described itself as a fiscal intermediary for community service providers.
Grantmaking
In 2024, the foundation reported 13 grants totaling $602,254. Awards ranged from $5,968 to $178,300, with a median grant of $25,000. The largest grants included:
The foundation states that grant agreements restrict funds to their intended purposes. It says recipients either demonstrate that funds have already been deployed, in which case the grant is reimbursement, or have their use of funds monitored by program staff.
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2024 filing include Matthew P. Cullen, Chairman; Roderick D. Gillum, Vice Chairman; and directors Joann Chavez, Antoine M. Garibaldi, PhD, Wendy Lewis Jackson, Charles G. McClure, Dan Nissenbaum, Chris Rizik, and Alan S. Schwartz. Donald Kunz is listed as Corporate Department Chair.
Invest Detroit Foundation is led by David Blaszkiewicz, President & CEO on every filing since 2020; 8 of 25 officers listed in 2024 are compensated.
Officers on the 2024 filing
David Blaszkiewicz
President & CEO
On filings since 2020
30 hrs/week
$368K (2020) → $454K (2024)
Donald Kunz
Corporate Department Chair
Director → Corporate Department Chair, 2024
On filings since 2020
1 hr/week
No compensation reported
Matthew P. Cullen
Chairman
On filings since 2020
1 hr/week
No compensation reported
Alan S. Schwartz
Director
On filings since 2020
1 hr/week
No compensation reported
Antoine M. Garibaldi PhD
Director
On filings since 2020
1 hr/week
No compensation reported
Charles G. McClure
Director
On filings since 2020
1 hr/week
No compensation reported
Chris Rizik
Director
On filings since 2020
1 hr/week
No compensation reported
Joann Chavez
Director
On filings since 2020
1 hr/week
No compensation reported
Laura Trudeau
Director
On filings since 2020
1 hr/week
No compensation reported
Richard A. Manoogian
Director -
Director → Director -, 2024
On filings since 2020
1 hr/week
No compensation reported
Wendy Lewis Jackson
Director
On filings since 2020
1 hr/week
No compensation reported
Dan Nissenbaum
Director
On filings since 2022
1 hr/week
No compensation reported
Brenda Lawrence
Director
On filings since 2023
1 hr/week
No compensation reported
Larry Brinker Jr.
Director
On filings since 2023
1 hr/week
No compensation reported
Michael Land
Director
On filings since 2023
1 hr/week
No compensation reported
Paul Mozak
Director
On filings since 2023
1 hr/week
No compensation reported
Carrie Lewand-Monroe
Chief Operating Officer
Executive Vice President → Chief Operating Officer, 2022
On filings since 2020
30 hrs/week
$189K (2020) → $265K (2024)
Keona Cowan
Chief Lending Officer
Senior Vice President & Chief Lending Officer → Executive Vice President & Lending, 2022
Executive Vice President & Lending → Chief Lending Officer, 2024
On filings since 2020
30 hrs/week
$184K (2020) → $262K (2024)
Martin Dober
Senior Vice President & Venture
Vice President & Managing Director → Senior Vice President & Venture, 2022
On filings since 2020
40 hrs/week
$170K (2020) → $215K (2024)
Patricia Glaza
Executive Vice President & Venture
Vice President & Managing Director → Executive Vice President & Venture, 2022
On filings since 2020
40 hrs/week
$209K (2020) → $262K (2024)
Amber Gladney
Assistant Secretary
On filings since 2021
40 hrs/week
$136K (2021) → $157K (2024)
Danielle Graceffa
General Counsel
On filings since 2022
40 hrs/week
$222K (2022) → $243K (2024)
Jamie Geary
Chief Accounting Officer
New on the 2024 filing
40 hrs/week
$210K (2024)
Paul Trulik
Secretary & Treasurer
Secretary & Treasurer → Director, 2021
Director → Secretary & Treasurer, 2022
On filings since 2020
1 hr/week
No compensation reported
Roderick D. Gillum
Vice Chairman
On filings since 2020
1 hr/week
No compensation reported
Former officers (10)
- Former: Gary Torgow (2020–2023) — Director -
- Former: John Blanchard (2020–2023) — Director -
- Former: Paul Jones (2022–2023) — Director of Business Support Network
- Former: Suzanne Shank (2020–2022) — Director
- Former: Wright L. Lassiter III (2020–2022) — Director
- Former: Randy Hyde (2020–2021) — Senior Vice President & External Relations
- Former: Jamie Grimaldi (2021) — Senior Vice President, Finance & Accounting
- Former: Jerry Norcia (2020) — Director -
- Former: Marcia Ventura (2020) — Senior Vice President
- Former: Sarah McClelland (2020) — Chief Operating Officer -
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $454K, to David Blaszkiewicz (President & CEO). 8 officers or directors reported compensation on that filing.
Frequently asked questions about Invest Detroit Foundation
How much does Invest Detroit Foundation give each year?
Invest Detroit Foundation gave $602K across 13 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.1M across 14 grants.
What is Invest Detroit Foundation's typical grant size?
Invest Detroit Foundation's median grant in 2024 was $25,000, and its average grant was $46,327, across 13 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Invest Detroit Foundation that year got $31K on average.
Where does Invest Detroit Foundation give grants?
Invest Detroit Foundation gives mostly in Michigan: 94% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Texas (6%). The most frequent recipient cities were Detroit, MI (8 grants).
Does Invest Detroit Foundation give general operating support?
Not in 2024: none of the 13 grants with a stated purpose on Invest Detroit Foundation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "SNF Community Engagement Grant" (4 grants).
Who are Invest Detroit Foundation's largest grantees?
Invest Detroit Foundation's largest 2024 grantees include Life Remodeled ($178,300), Osborn Neighborhood Alliance ($91,316) and City of Detroit ($82,050), according to its 2024 IRS Form 990. Together they received 58% of its itemized 2024 grant dollars.
How large is Invest Detroit Foundation?
Invest Detroit Foundation reported $208.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $32.4M.
What does Invest Detroit Foundation fund?
The foundation’s stated mission is to promote a higher quality of life in distressed communities, primarily in Detroit, by attracting new industry and encouraging the development of business, housing, transportation, and other community resources. See mission & focus areas ↑
How do I apply for a grant from Invest Detroit Foundation?
Invest Detroit Foundation has no public application process in the sources Grantable reviewed. Check investdetroit.com for current guidelines, or contact the foundation directly before submitting a request.
What is Invest Detroit Foundation's EIN?
Invest Detroit Foundation's EIN (Employer Identification Number) is 27-1927369. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 9, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 3, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 7, 2025)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Invest Detroit Foundation funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/invest-detroit-foundation-morg_de643ecaa0f5436a8c5143210f4886b0
BibTeX
@misc{grantable_271927369_2026,
author = {{Grantable}},
title = {{Invest Detroit Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/invest-detroit-foundation-morg_de643ecaa0f5436a8c5143210f4886b0},
note = {Accessed 2026-10-05. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Invest Detroit Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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