M I Homes Foundation
M I Homes Foundation is a corporate foundation based in Columbus, Ohio, established in March 1989. It operates as a 501(c)(3) organization and is classified as a corporate foundation. The foundation is tax-exempt and accepts tax-deductible donations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
-10.6% YoY
Annual Giving
$1.4M
+6.4% YoY
Grant Count
36
+16.1% YoY
Avg Grant Size
$40K
-8.3% YoY
Under IRS private-foundation payout rules, M I Homes Foundation reported a distributable amount of $100K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grant-making priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Community Health
- Health and Medical initiatives
- Housing
The foundation primarily funds annual support to various organizations.
Grantmaking
The foundation made 33 grants in 2024, with total giving of $1,435,314. Notable recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Ohio, Virginia, and Michigan, with a particular emphasis on Ohio-based nonprofits.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending December 2024:
- Total Assets: $2,085,802
- Total Revenue: $1,192,470
- Total Expenses: $1,438,823
- Net Income: -$246,353
- Total Liabilities: $0
Revenue Breakdown (2024):
- Grants and Contributions: $1,100,000
- Investment Income and Dividends: $92,470
Year-over-Year Changes: Grants and contributions decreased 51.1% from 2023 ($2,250,000) to 2024 ($1,100,000). Investment income increased 12.3% from 2023 ($82,342) to 2024 ($92,470).
Staffing: The foundation operates with 0 employees.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,085,802 | $2,332,155 | $1,350,641 |
| Revenue | $1,192,470 | $2,332,342 | $2,025,089 |
| Expenses | $1,438,823 | $1,350,828 | $2,367,961 |
| Qualifying Distributions | $1,435,314 | $1,348,434 | $2,365,433 |
| Net Investment Income | $90,277 | $80,295 | $24,969 |
| Distributable Amount | $99,856 | $115,704 | $65,401 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
153 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Nationwide Childrens Hospital Foundation ($500,000), Americas Charities ($206,100), Homeport ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BIG BROTHERS BIG SISTERS CENTRAL OH COLUMBUS, OH | Annual support | $10,000 |
| COLUMBUS METROPOLITAN LIBRARY COLUMBUS, OH | Annual support | $6,000 |
| FLYING HORSE FARMS MT GILEAD, OH | Annual support | $20,000 |
| HARMONY PROJECT PRODUCTIONS INC COLUMBUS, OH | Annual support | $50,000 |
| HOMEPORT COLUMBUS, OH | Annual support | $100,000 |
| JCC OF GREATER COLUMBUS COLUMBUS, OH | Annual support | $3,600 |
| KOMEN COLUMBUS RACE FOR THE CURE WESTERVILLE, OH | Annual support | $10,000 |
| LIFETOWN NEW ALBANY, OH | Annual support | $25,000 |
| LOCAL MATTERS COLUMBUS, OH | Annual support | $2,500 |
| THE 2ND AND 7 FOUNDATION COLUMBUS, OH | Annual support | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT H SCHOTTENSTEIN | DIRECTOR PRESIDENT | 1 | — |
| PHILLIP G CREEK | DIRECTOR VP | 1 | — |
| ANN MARIE HUNKER | TREASURER | 1 | — |
Frequently Asked Questions
What does M I Homes Foundation fund?
The foundation's grant-making priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Community Health • Health and Medical initiatives • Housing The foundation primarily funds annual support to various organizations.
How do I apply for a grant from M I Homes Foundation?
**Grant Activity (2024)** The foundation made 33 grants in 2024, with total giving of $1,435,314. Notable recent grants include: • America's Charities (AC): $206,100 (Annual Support) • Homeport: $100,000 (Annual Support) • The New Albany Community Foundation: $60,000 (Annual Support) **Grant Characteristics** Typical award amounts range from $1,000 to $1,015,000.
Where does M I Homes Foundation make grants?
The foundation primarily funds organizations in Ohio, Virginia, and Michigan, with a particular emphasis on Ohio-based nonprofits.
What size grants does M I Homes Foundation award?
In 2024, M I Homes Foundation awarded 36 grants totaling $1.4M — an average of about $40K per grant, based on its IRS Form 990 filings.
How much is M I Homes Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, M I Homes Foundation reported a distributable amount of $100K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is M I Homes Foundation's EIN?
M I Homes Foundation's EIN (Employer Identification Number) is 31-1254013. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in M I Homes Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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