Alternative Foundation
EIN 833128471 Private FoundationAbout
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2020, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $226,789. This amount represents 25% or more of the Foundation's net assets of $232,258 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2020. Although the Foundation technically experienced a substantial contraction and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | $227K | $4.7M | $4.3M | 7 |
| 2021 | $387K | $5.0M | $657K | 6 |
| 2022 | $270K | $3.5M | $63K | 3 |
| 2023 | $250K | $6.4M | $3.0M | 3 |
| 2024 | $325K | $6.9M | $300K | 6 |
Grant Size Distribution
Based on 25 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (25 total)
| Purpose | ||||
|---|---|---|---|---|
| Bailey Park Project | Detroit, MI | $175,000 | General & Unrestricted | 2023 |
| Bailey Park Project | Detroit, MI | $125,000 | General & Unrestricted | 2022 |
| Bailey Park Project | Detroit, MI | $125,000 | Bailey Park NDC | 2022 |
| Warren-Conner Development Coalition Inc | Detroit, MI | $102,953 | General & Unrestricted | 2021 |
| Cinnaire Lending Corporation | Lansing, MI | $100,000 | McDougall Hunt Sustainable Redevelopment Plan and General Fund | 2021 |
| Life Remodeled-A Nonprofit Corporation | Detroit, MI | $100,000 | General & Unrestricted | 2024 |
| Warren-Conner Development Coalition Inc | Detroit, MI | $97,765 | Project support for the McDougall Hunt Neighborhood | 2020 |
| Developing Kingdoms in Different Stages | Redford, MI | $80,000 | General & Unrestricted | 2024 |
| Detroit Food & Entrepreneurship Academy | Detroit, MI | $60,000 | General & Unrestricted | 2024 |
| Warren-Conner Development Coalition Inc | Detroit, MI | $53,766 | To cover the salary and benefits of two Bailey Park Neighborhood Development Corporation employees | 2021 |
| Bailey Park Project | Detroit, MI | $50,000 | General Support | 2021 |
| Developing Kingdoms in Different Stages | Redford, MI | $50,000 | General & Unrestricted | 2023 |
| Nw Goldberg Cares | Detroit, MI | $45,000 | General & Unrestricted | 2024 |
| Bailey Park Project | Detroit, MI | $40,000 | Support the implementation of the Sustainable Master Plan | 2021 |
| Bailey Park Project | Detroit, MI | $40,000 | General & Unrestricted | 2021 |
| Warren-Conner Development Coalition Inc | Detroit, MI | $39,024 | General & Unrestricted | 2020 |
| Fenn School Inc | Concord, MA | $30,000 | General & Unrestricted | 2020 |
| Bailey Park Project | Detroit, MI | $30,000 | General & Unrestricted | 2024 |
| Detroit Food & Entrepreneurship Academy | Detroit, MI | $25,000 | General & Unrestricted | 2023 |
| Detroit Food & Entrepreneurship Academy | Detroit, MI | $20,000 | General & Unrestricted | 2020 |
| Keep Growing Detroit | Detroit, MI | $20,000 | General & Unrestricted | 2020 |
| Detroit Food & Entrepreneurship Academy | Detroit, MI | $20,000 | General Support | 2022 |
| Doing Development Differently in Metro Detroit | Detroit, MI | $10,000 | General & Unrestricted | 2020 |
| Street Democracy | Detroit, MI | $10,000 | General & Unrestricted | 2020 |
| Midnight Golf Program | Bingham Farms, MI | $10,000 | General & Unrestricted | 2024 |
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