THE MICHIGAN WOMEN'S FOUNDATION

THE MICHIGAN WOMEN'S FOUNDATION

DETROIT, MI, US
501(c)(3)
EIN
38-2689979

THE MICHIGAN WOMEN'S FOUNDATION

DETROIT, MI, US
501(c)(3)
EIN
38-2689979

Overview

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Est.

1986

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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The Michigan Women's Foundation (EIN: 38-2689979) is a community development financial institution dedicated to expanding economic opportunities for women and entrepreneurs of color in Michigan. With an operating budget of $2.8 million and total revenue of $4.2 million for the 2024 filing year, the organization provides access to capital and business resources while celebrating the leadership contributions of outstanding Michigan women. The foundation does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission of creating an inclusive economy.

Mission Statement

MWF IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION WHOSE MISSION IS TO EXPAND ECONOMIC OPPORTUNITY FOR WOMEN AND ENTREPRENEURS OF COLOR BY PROVIDING ACCESS TO CAPITAL AND BUSINESS RESOURCES. MWF CELEBRATES OUTSTANDING MICHIGAN WOMEN BY HONORING THEIR LEADERSHIP CONTRIBUTIONS TO THE COMMUNITY, ECONOMY, AND OUR STATE. MWF'S VISION IS TO CREATE AN INCLUSIVE ECONOMY FOR THE STATE OF MICHIGAN WHERE WOMEN AND PEOPLE OF COLOR CAN CREATE VIABLE BUSINESSES THAT BUILD LONG-TERM SUSTAINABLE WEALTH.
Revenues

$4.2M

Expenses

$3M

Net Income:
+$1.2M
Assets

$12.2M

Liabilities

$8.6M

Net Assets:
+$3.6M
Operating Budget

$2.8M

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

17

Median grant size
$43K
Largest grant received
$1M
C
Carolyn Cassin
Board Member
A
Alyse Martinelli
Board Member
D
Denise Quarles
Board Member

Frequently Asked Questions

What is THE MICHIGAN WOMEN'S FOUNDATION’s budget?
In 2024, THE MICHIGAN WOMEN'S FOUNDATION reported an annual operating budget of around $2.8 million. More detailed financial information is available to registered users.
What causes does THE MICHIGAN WOMEN'S FOUNDATION support?
THE MICHIGAN WOMEN'S FOUNDATION supports work in Entrepreneurship.
Where does THE MICHIGAN WOMEN'S FOUNDATION operate?
THE MICHIGAN WOMEN'S FOUNDATION is headquartered in DETROIT, MI.
Who funded THE MICHIGAN WOMEN'S FOUNDATION recently?
In 2025, THE MICHIGAN WOMEN'S FOUNDATION received grants from CHARITIES AID FOUNDATION AMERICA, GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC, and THE RALPH C WILSON JR FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE MICHIGAN WOMEN'S FOUNDATION received in 2024?
The largest grant to THE MICHIGAN WOMEN'S FOUNDATION in 2024 exceeds $1 million.
What is THE MICHIGAN WOMEN'S FOUNDATION’s reliance on government grants?
THE MICHIGAN WOMEN'S FOUNDATION relied on government grants for more than 20% of their total revenue in 2024.
Overview
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