TO SUPPORT THE PROGRAMS, PURPOSES AND INITIATIVES OF SCHOOLCRAFT COLLEGE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$21.6M
+14.0% YoY
Annual Giving
$671K
-69.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$671K
-69.1% YoY
About Schoolcraft College Foundation
Based on IRS filings
Schoolcraft College Foundation is a nonprofit organization focused on Education, based in LIVONIA, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.6M in total assets. In 2024, it awarded 1 grants totaling $671K. Net investment income was $1.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $21,620,763 | $18,961,454 | $18,141,439 |
| Revenue | $2,680,513 | $2,921,805 | $1,978,727 |
| Expenses | $1,650,773 | $2,984,481 | $744,740 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,081,095 | $1,069,224 | $1,034,650 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Schoolcraft College ($670,780).
| Recipient | Purpose | Amount |
|---|---|---|
| SCHOOLCRAFT COLLEGE LIVONIA, MI | SCHOLARSHIPS TO STUDENTS AND GENERAL SUPPORT | $670,780 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GLENN CERNY | EX-OFFICIO | 1 | — |
| DAWN MAGRETTA | EXECUTIVE DIRECTOR | 40 | — |
| LOIS MCENTYRE | PAST PRESIDENT | 1 | — |
| LYNN COBURN | PRESIDENT | 1 | — |
| JAMES FAUSONE | TREASURER | 1 | — |
| STUART BAKER | SECRETARY | 1 | — |
| DAN PAULSON | BOARD MEMBER | 1 | — |
| MARINA SHOEMEKER | BOARD MEMBER | 1 | — |
| JOHN WALSH | BOARD MEMBER | 1 | — |
| JEFF HAMILTON | BOARD MEMBER | 1 | — |
| DAVID GROTH | BOARD MEMBER | 1 | — |
| HELEN MCGRATH | BOARD MEMBER | 1 | — |
| ALEC THOMPSON | BOARD MEMBER | 1 | — |
| BRIAN BRODERICK | EX-OFFICIO | 1 | — |
| RAM RAMANUJAM | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Schoolcraft College Foundation?
Schoolcraft College Foundation is a nonprofit organization focused on Education, based in LIVONIA, MI. It holds $21.6M in total assets as of 2024.
How large is Schoolcraft College Foundation?
As of 2024, Schoolcraft College Foundation holds $21.6M in total assets with $2.7M in annual revenue. It awarded 1 grants totaling $671K in 2024.
Where does Schoolcraft College Foundation operate?
Schoolcraft College Foundation has awarded grants in Michigan.
What size grants does Schoolcraft College Foundation award?
In 2024, Schoolcraft College Foundation awarded 1 grants totaling $671K — an average of about $671K per grant, based on its IRS Form 990 filings.
What is Schoolcraft College Foundation's EIN?
Schoolcraft College Foundation's EIN (Employer Identification Number) is 23-7013727. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Schoolcraft College Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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