Detroit private foundations

There are 1,312 private foundations in the greater Detroit metro area, including the cities of Detroit, Dearborn, Farmington Hills, Livonia, Novi, Pontiac, Southfield, Taylor, Troy, and Warren. Combined, these Detroit metro private foundations employ 50 people, earn more than $792 million in revenue each year, and have assets of $8 billion.

Sizes of private foundations in Detroit

Revenues per organizationNumber of organizations
< $250k
 
826
$250k to $1M
 
140
$1M to $5M
 
74
$5M to $25M
 
25
$25M to $100M
 
5
$100M+
 
0
Key takeaways for revenue stats:

Directory of private foundations in Detroit


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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990 or 990PF with the IRS. We exclude Form 990EZ and Postcard filers, which are high in number but very small in size. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "T20: Private Foundations" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.