URBAN RENEWAL INITIATIVE FOUNDATION

URBAN RENEWAL INITIATIVE FOUNDATION

Royal Oak, MI, US
501(c)3
EIN
45-4842669

URBAN RENEWAL INITIATIVE FOUNDATION

Royal Oak, MI, US
501(c)3
EIN
45-4842669

Overview

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Est.

2012

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Urban Renewal Initiative Foundation (EIN: 45-4842669) is a nonprofit organization dedicated to cultural enhancements through the development of performing arts centers. With an operating budget of $637.4K and total revenue of $18.5M for the filing year 2024, the foundation focuses on community improvement and communication media. It is notable that the organization relies on multiple funders, none of which provide 50% or more of its revenue.

Mission Statement

CULTURAL ENHANCEMENTS - PERFORMING ART CENTER DEVELOPMENT
Revenues

$18.5M

Expenses

$637.4K

Net Income:
+$17.8M
Assets

$48.2M

Liabilities

$3.6M

Net Assets:
+$44.6M
Operating Budget

$637.4K

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

3

Median grant size
$3.6M
Largest grant received
$6.1M
J
Jaime Rae Turnbull
Board Member
B
Barbara Detwiler
Board Member
M
Mark McCourt
Board Member

Frequently Asked Questions

What is URBAN RENEWAL INITIATIVE FOUNDATION’s budget?
In 2024, URBAN RENEWAL INITIATIVE FOUNDATION reported an annual operating budget of around $637 thousand. More detailed financial information is available to registered users.
What causes does URBAN RENEWAL INITIATIVE FOUNDATION support?
URBAN RENEWAL INITIATIVE FOUNDATION supports work in Community improvement, Communication media, and Foundations.
Where does URBAN RENEWAL INITIATIVE FOUNDATION operate?
URBAN RENEWAL INITIATIVE FOUNDATION is headquartered in Royal Oak, MI.
Who funded URBAN RENEWAL INITIATIVE FOUNDATION recently?
In 2025, URBAN RENEWAL INITIATIVE FOUNDATION received grants from RICHARD AND JANE MANOOGIAN FOUNDATION, COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN, and RICHARD AND JANE MANOOGIAN FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant URBAN RENEWAL INITIATIVE FOUNDATION received in 2024?
The largest grant to URBAN RENEWAL INITIATIVE FOUNDATION in 2024 exceeds $6.1 million.
Overview
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