The Manufacturing Institute
THE MANUFACTURING INSTITUTE'S MISSION IS TO BUILD A RESILIENT MANUFACTURING WORKFORCE PREPARED FOR THE CHALLENGES AND OPPORTUNITIES OF THE FUTURE. THROUGH IMPLEMENTING GROUNDBREAKING PROGRAMS, CONVENING INDUSTRY LEADERS AND CONDUCTING INNOVATIVE RESEARCH, THE MI FURTHERS INDIVIDUAL OPPORTUNITY, COMMUNITY PROSPERITY AND A MORE COMPETITIVE MANUFACTURING INDUSTRY. AS THE 501 (C)3 NONPROFIT WORKFORCE DEVELOPMENT AND EDUCATION AFFILIATE OF THE NATIONAL ASSOCIATION OF MANUFACTURERS, THE MI IS A TRUSTED ADVISER TO MANUFACTURERS, EQUIPPING THEM WITH SOLUTIONS TO ADDRESS THE TOUGHEST WORKFORCE ISSUES
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$10.3M
+21.3% YoY
Annual Giving
$150K
-34.1% YoY
Grant Count
1
-87.5% YoY
Avg Grant Size
$150K
+427.5% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,320,722 | $8,505,501 | $10,834,691 |
| Revenue | $8,840,593 | $8,214,206 | $8,998,894 |
| Expenses | $7,639,458 | $9,591,607 | $11,637,765 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $243,168 | $134,823 | $9,232 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Manufacturing Institute fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAY TIMMONS | CHAIRMAN | 2 | — |
| TODD BOPPELL | TREASURER | 1 | — |
| MARY ANDRINGA | DIRECTOR | 1 | — |
| KARL HUTTER | DIRECTOR | 1 | — |
| ROSE LEE | DIRECTOR | 1 | — |
| CHRIS NIELSEN | DIRECTOR | 1 | — |
| NICOLAS PINCHUK | DIRECTOR | 1 | — |
| KATHY WENGEL | DIRECTOR | 1 | — |
| CAROLYN LEE | PRESIDENT & EXECUTIVE DIRE | 40 | $527,516 |
| JULIE CHASE | GENERAL COUNSEL AND SECRET | 1 | — |
| KEITH SMITH | CHIEF ADMINISTRATIVE OFFICER | 34 | $406,626 |
| GARDNER CARRICK | CHIEF PROGRAM OFFICER | 40 | $263,134 |
| RACHAEL SCHEFFLER | AVP PARTNERSHIPS & PHILANTHROPY | 40 | $165,474 |
| JAMES DAVIS | DIRECTOR, FAME | 40 | $162,060 |
| AMY THOMAS | DIR., MILITARY & VETERANS INITIATIVES | 40 | $160,527 |
| POOJA TRIPATHI | DIR., WORKFORCE INNOVATION | 40 | $157,682 |
| RACHELLE WOLFORD | DIRECTOR, HEROES | 40 | $121,274 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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