Saranac Education Foundation

SARANAC, MI EIN: 38-3076816

Saranac Education Foundation is a private foundation, based in SARANAC, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 1 grants totaling $115K. Net investment income was $238K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

+7.8% YoY

Annual Giving

$115K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$115K

+0.0% YoY

About Saranac Education Foundation

Based on IRS filings

Saranac Education Foundation is a private foundation, based in SARANAC, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 1 grants totaling $115K. Net investment income was $238K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Saranac

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$66K$131K$197K$263K20202021202220232024
Metric202420232022
Total Assets$1,647,278$1,528,023$1,540,147
Revenue$239,020$109,537$131,868
Expenses$119,765$121,661$120,124
Qualifying Distributions$117,665$117,603$117,571
Net Investment Income$237,970$108,499$130,855
Distributable Amount$133,377$115,303$114,617

Giving Over Time

Total grant dollars and number of grants per year

$0$29K$58K$86K$115K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SARANAC COMMUNITY SCHOOLS$115K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K5$100–250K$250–500K$500K–1M$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
ED BROWNPRESIDENT/TR2
STEPHANIE SMITHVICE PRESIDE2
SANDRA BROWNDIRECTOR2
BRUCE CHADWICKSECRETARY2
JAMES BROWNDIRECTOR2

Related Funders

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

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