Gratiot County Community Foundation

ITHACA, MI EIN: 38-3087756 Website

TO RECEIVE AND ACCEPT PROPERTY THAT WILL BE EXCLUSIVELY USED FOR CHARITABLE PURPOSES, PRIMARILY FOR THE BENEFIT OF GRATIOT COUNTY RESIDENTS AND INSTITUTIONS.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$19.0M

+17.8% YoY

Annual Giving

$395K

-13.6% YoY

Grant Count

31

+19.2% YoY

Avg Grant Size

$13K

-27.5% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$392K$784K$1M$2M20202021202220232024
Metric202420232022
Total Assets$19,029,200$16,159,661$15,134,170
Revenue$1,336,603$853,137$1,181,707
Expenses$1,019,159$999,318$998,007
Qualifying Distributions
Net Investment Income$958,679$571,982$651,034
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$114K$229K$343K$458K20 grants202026 grants202125 grants202226 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GRATIOT COUNTY HISTORICA…$40KST LOUIS PUBLIC SCHOOLS$28KITHACA SOUTH ELEMENTARY …$23KWASHINGTON TOWNSHIP$20KSENIOR ACTIVITY BUILDING…$17KASHLEY COMMUNITY SCHOOLS$15KBRECKENRIDGE ELEMENTARY …$15KCARRIE KNAUSE ELEMENTARY$15KEUGENE M NIKKARI ELEMENT…$15KITHACA NORTH ELEMENTARY …$15K

Grant Size Distribution

128 grants across all recorded years

127<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Gratiot County Community Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CHELSEA HOLMESEXECUTIVE DI$84K

From 2024 filing

NameTitleHoursCompensation
TIM LAMBRECHTPRESIDENT1
ALI BARNESVICE PRESIDE1
JIM WHEELERTREASURER1
LAURA BEVERSECRETARY1
MARISA BRAMERDIRECTOR1
JENNIFER STAMBAUGHDIRECTOR1
JOY O'NEILLDIRECTOR1
DR BENJAMIN PETERSONDIRECTOR1
ELS DE SAEGHERDIRECTOR1
NORA COLTHORPDIRECTOR1
TRACI GAVENDADIRECTOR1
SANDY ALLENDIRECTOR1
PAULA MOEGGENBORGDIRECTOR1
JOHN POBANZDIRECTOR1
RICH RAMEREIZDIRECTOR1
RENEE SOPELDIRECTOR1
DR MICHAEL STACKDIRECTOR1
ERIN STEWARDDIRECTOR1
CAROLYN STUDLEYDIRECTOR1
CHELSEA HOLMESEXECUTIVE DI40$83,633

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

AlmaAshleyBay CityBreckenridgeDetroitElwellIthacaMiddletonMidlandMt PleasantPerrintonRiverdaleSt LouisWheeler

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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