The Shyft Group Foundation

NOVI, MI EIN: 26-2791453

Financial Overview

From 2023 IRS Form 990-PF

Total Assets

-100.0% YoY

Annual Giving

$242K

+290.5% YoY

Grant Count

5

-66.7% YoY

Avg Grant Size

$48K

+1071.5% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$67K$133K$200K$266K2020202120222023
Metric202320222021
Total Assets$242,013$303,876
Revenue$99$138$203,986
Expenses$242,112$62,001$19,130
Qualifying Distributions$242,112$62,000$19,063
Net Investment Income$99$138$62
Distributable Amount$10,235$13,660$9,941

Giving Over Time

Total grant dollars and number of grants per year

$0$61K$121K$182K$242K22 grants20207 grants202115 grants20225 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2023

FIDELITY CHARITABLE GIFT…$234KCHARLOTTE FRONTIER DAYS$3KCHARLOTTE PERFORMING ART…$3KEATON COUNTY SIREN SHELTER$3KRONALD MCDONALD HOUSE$1K

Grant Size Distribution

49 grants across all recorded years

47<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does The Shyft Group Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
JOSHUA SHERBINPRESIDENT1
JON DOUYARDDIRECTOR1
DOLORES CLEMENTSSECRETARY1
STEVE GUILLAUMEDIRECTOR1
COLIN HINDMANDIRECTOR1
TOM SISKDIRECTOR1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

6states

Cities

AlexandriaAllendaleCharlotteCincinnatiDetroitEast LansingEaton RapidsGrand RapidsLansingMasonMount PleasantNew UlmOlivetSt LouisUniversity CenterWaterville

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

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