Michigan Agri-business Association

LANSING, MI EIN: 38-2086180

Michigan Agri-business Association is a private foundation, based in LANSING, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $956K in total assets. In 2024, it awarded 1 grants totaling $47K. Net investment income was $79K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$956K

+8.1% YoY

Annual Giving

$47K

-10.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$47K

-10.3% YoY

Under IRS private-foundation payout rules, Michigan Agri-business Association reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.

About Michigan Agri-business Association

Based on IRS filings

Michigan Agri-business Association is a private foundation, based in LANSING, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $956K in total assets. In 2024, it awarded 1 grants totaling $47K. Net investment income was $79K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

East Lansing

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$34K$67K$101K$134K20202021202220232024
Metric202420232022
Total Assets$956,455$884,628$837,019
Revenue$121,933$101,784$-30,598
Expenses$50,106$54,175$38,050
Qualifying Distributions$46,900$52,300$36,075
Net Investment Income$79,428$63,900
Distributable Amount$41,900$41,804$42,960

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$26K$39K$52K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE ATTACHED LIST$47K

Grant Size Distribution

5 grants across all recorded years

4<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached List ($46,900).

RecipientPurposeAmount
SEE ATTACHED LIST EAST LANSING, MISCHOLARSHIPS$46,900

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHUCK LIPPSTREUPRESIDENT5
JOHN RUSHCHAIRMAN1
MIKE FOSSUMPAST CHAIRMA1
JOHN TILT1ST VICE CHA1
MICHELLE BERGMAN2ND VICE CHA1
TREVOR CLAYTONDIRECTOR1
ROBERT GEERSDIRECTOR1
JACOB HECHTDIRECTOR1
SHAWN LAMBERTDIRECTOR1
ALLEN PUNGDIRECTOR1
MICHAEL RUMSEYDIRECTOR1
GREG THONDIRECTOR1
NICHOLE WILCOXDIRECTOR1
ED BENKERTDIRECTOR1

Frequently Asked Questions

How large is Michigan Agri-business Association?

As of 2024, Michigan Agri-business Association holds $956K in total assets with $122K in annual revenue. It awarded 1 grants totaling $47K in 2024.

Where does Michigan Agri-business Association operate?

Michigan Agri-business Association has awarded grants in Michigan.

What size grants does Michigan Agri-business Association award?

In 2024, Michigan Agri-business Association awarded 1 grants totaling $47K — an average of about $47K per grant, based on its IRS Form 990 filings.

How much is Michigan Agri-business Association required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Michigan Agri-business Association reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Michigan Agri-business Association's EIN?

Michigan Agri-business Association's EIN (Employer Identification Number) is 38-2086180. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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