Overview

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Est.

2002

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Detroit Riverfront Conservancy Inc is dedicated to the establishment, improvement, operation, maintenance, security, programming, and expansion of the Detroit Riverwalk and its associated green spaces, fostering community access to the waterfront. With an operating budget of $12 million and total revenue of $38.9 million, the organization relies on key funders such as Fidelity Investments Charitable Gift Fund and National Philanthropic Trust. The Conservancy's mission emphasizes enhancing Detroit's image and creating an inviting destination for all.

Mission Statement

THE DETROIT RIVERFRONT CONSERVANCY (DRFC), IS RESPONSIBLE FOR THE ESTABLISHMENT, IMPROVEMENT, OPERATION, MAINTENANCE, SECURITY, PROGRAMMING AND EXPANSION OF THE DETROIT RIVERWALK AND ASSOCIATED GREEN SPACES. THROUGH ITS PUBLIC/PRIVATE PARTNERSHIPS, THE DRFC WILL SUPPORT THE DEVELOPMENT OF THE RIVERFRONT DISTRICT AND FACILITATE COMMUNITY ACCESS TO THE WATERFRONT. THE DRFC WILL:- DEVELOP A COLLECTIVE SENSE OF OWNERSHIP, ACCESSIBILITY AND RESPONSIBILITY- ENHANCE DETROIT'S IMAGE TO EMPHASIZE ITS ICONIC, INTERNATIONAL RIVERFRONT- CREATE AND MAINTAIN AN INVITING DESTINATION FOR ALL
Revenues
$38.9M
Expenses
$12M
Net Income:
+$26.9M
Assets
$194.3M
Liabilities
$30.3M
Net Assets:
+$164M
Operating Budget
$12M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
36
Median grant size
$17.4K
Largest grant received
$6.5M
M
Mary Sheffield
Board Member
M
Margaret Trimer
Board Member
K
Kevin Johnson
Board Member

Frequently Asked Questions

What is DETROIT RIVERFRONT CONSERVANCY INC’s budget?
In 2024, DETROIT RIVERFRONT CONSERVANCY INC reported an annual operating budget of around $12 million. More detailed financial information is available to registered users.
What causes does DETROIT RIVERFRONT CONSERVANCY INC support?
DETROIT RIVERFRONT CONSERVANCY INC supports work in Water resources and Parks.
Where does DETROIT RIVERFRONT CONSERVANCY INC operate?
DETROIT RIVERFRONT CONSERVANCY INC is headquartered in Detroit, MI.
Who funded DETROIT RIVERFRONT CONSERVANCY INC recently?
In 2025, DETROIT RIVERFRONT CONSERVANCY INC received grants from THE FRED & BARBARA ERB FAMILY FOUNDATION, UNITED JEWISH FOUNDATION, and THE EUGENE APPLEBAUM FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant DETROIT RIVERFRONT CONSERVANCY INC received in 2024?
The largest grant to DETROIT RIVERFRONT CONSERVANCY INC in 2024 exceeds $6.5 million.
What is DETROIT RIVERFRONT CONSERVANCY INC’s reliance on government grants?
DETROIT RIVERFRONT CONSERVANCY INC relied on government grants for more than 10% of their total revenue in 2024.