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Northwestern Michigan College Foundation

TRAVERSE CITY, MI EIN: 38-2376475 Website

TO ASSIST NORTHWESTERN MICHIGAN COLLEGE TO REALIZE ITS MISSION AND VISION BY SECURING NEW RESOURCES, MAXIMIZING RETURN ON EXISTING RESOURCES, ACTING AS AMBASSADORS TO THE COMMUNITY, COMPLEMENTING AND RESOURCING THE WORK OF THE COLLEGE'S TRUSTEES IN SHAPING NMC'S FUTURE.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$65.0M

+9.4% YoY

Annual Giving

$4.7M

+10.6% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$4.7M

+10.6% YoY

About Northwestern Michigan College Foundation

Based on IRS filings

Northwestern Michigan College Foundation is a nonprofit organization focused on Education, based in TRAVERSE CITY, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $65.0M in total assets. In 2024, it awarded 1 grants totaling $4.7M. Net investment income was $2.3M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Traverse City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$9M20202021202220232024
Metric202420232022
Total Assets$64,985,273$59,377,334$57,776,969
Revenue$5,717,741$4,025,925$4,991,031
Expenses$5,366,012$4,973,565$4,765,568
Qualifying Distributions
Net Investment Income$2,259,942$1,029,310$1,377,441
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$4M$5M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

NORTHWESTERN MICHIGAN CO…$4.7M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
NICHOLAS NISSLEYSECOND VICE-CHAIR8
JAYNE H MOHRCHAIR3
PATRICIA A WARNERFIRST VICE-CHAIR3
CHRISTOPHER M LAMBTREASURER3
DEBRA J EDSONSECRETARY3
SUZANNE ALLENBOARD MEMBER1
LORAINE BEERSBOARD MEMBER1
BARBARA F BENSONBOARD MEMBER1
DOUGLAS S BISHOPTRUSTEE1
CHRISTOPHER E BRANSONBOARD MEMBER1
DONALD M COEBOARD MEMBER1
MATT DESMONDBOARD MEMBER1
WILLIAM DONBERGBOARD MEMBER1
STEPHEN M FISHERBOARD MEMBER1
PEG JONKHOFFBOARD MEMBER1
ELEANOR E LYNNBOARD MEMBER1
DIANA MILOCKBOARD MEMBER1
LAURA J OBLINGERTRUSTEE1
MARTHA A OLESONBOARD MEMBER1
MARY PELCHERBOARD MEMBER1
ANDREW K ROBITSHEKTRUSTEE1
SUSAN K SHELDONBOARD MEMBER1
DAVID M SHOOLTZBOARD MEMBER1
TIMOTHY F YOUNGBOARD MEMBER1
ALAN J ZELINSKIBOARD MEMBER1
NANCY B ZIMMERBOARD MEMBER1
CHERYL M BLOOMQUISTNMC FACULTY REPRESENTATIVE1
STEVEN H RICENMC FACULTY REPRESENTATIVE1
LINDA BERLINNMC FACULTY REPRESENTATIVE1
MADISON HOUYNMC STUDENT REPRESENTATIVE1
JENNIFER HRICIKEXECUTIVE DIRECTOR36

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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