Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
FLAGSTAR FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)5151 CORPORATE DRIVE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TROY, MI48098
A Employer identification number

82-1812075
B Telephone number (see instructions)

(248) 312-5111
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$18,995,161
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 400,510
2 Check right arrow.............
3 Interest on savings and temporary cash investments 337,177 337,177  
4 Dividends and interest from securities... 622,286 622,286  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,359,973 959,463  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 13,820      
c Other professional fees (attach schedule).... 380,158      
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 9,800      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 45      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 403,823 0   0
25 Contributions, gifts, grants paid....... 3,445,000 3,377,000
26 Total expenses and disbursements. Add lines 24 and 25 3,848,823 0   3,377,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,488,850
b Net investment income (if negative, enter -0-) 959,463
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 290,977 2,598,779 2,598,779
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 21,125,034 Click to see attachment
List of Attached Documents:
// Content
16,396,382
16,396,382
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 21,416,011 18,995,161 18,995,161
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 839,500 907,500
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 839,500 907,500
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 20,576,511 18,087,661
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 20,576,511 18,087,661
30 Total liabilities and net assets/fund balances (see instructions). 21,416,011 18,995,161
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
20,576,511
2
Enter amount from Part I, line 27a .....................
2
-2,488,850
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
18,087,661
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
18,087,661
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 13,337
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 13,337
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 13,337
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a  
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 460
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 13,797
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
 
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
 
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMI
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.FLAGSTAR.COM
14
The books are in care ofright arrowLAURIE McPECK Telephone no.right arrow (248) 312-2116

Located atright arrow5151 CORPORATE DRIVETROYMI ZIP+4right arrow48098
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position
(c) Compensation
(If not paid, enter
-0-)
(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
ELIZABETH CORREA MANAGING DIRECTOR
003.00
0    
5151 CORPORATE DRIVE
TROY,MI48098
LAURA COLEMAN SECRETARY
003.00
0    
5151 CORPORATE DRIVE
TROY,MI48098
LAURIE MCPECK TREASURER
003.00
0    
5151 CORPORATE DRIVE
TROY,MI48098
GARY WOLF TRUSTEE
003.00
0    
5151 CORPORATE DRIVE
TROY,MI48098
DIANE MENZO TRUSTEE
003.00
0    
5151 CORPORATE DRIVE
TROY,MI48098
CHRISTOPHER BECK TRUSTEE
003.00
0    
5151 CORPORATE DRIVE
TROY,MI48098
SONIA PLATA PRESIDENT
040.00
0    
5151 CORPORATE DRIVE
TROY,MI48098
REGGIE DAVIS TRUSTEE
003.00
0    
5151 CORPORATE DRIVE
TROY,MI48098
JENNIFER CHARTERS TRUSTEE
003.00
0    
5151 CORPORATE DRIVE
TROY,MI48098
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 N/A 0
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
18,995,161
b
Average of monthly cash balances.......................
1b
0
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
18,995,161
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
18,995,161
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
284,927
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
18,710,234
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
935,512
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
935,512
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
13,337
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
13,337
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
922,175
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
922,175
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
922,175
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 Click to see attachment
List of Attached Documents:
// Content
..........
1a
3,377,000
b
Program-related investments—total from Part VIII-B..................
1b
 
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
3,377,000
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2023
(c)
2023
(d)
2024
1 Distributable amount for 2024 from Part X, line 7 922,175
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 2,224,902
b From 2020...... 2,123,682
c From 2021...... 3,286,930
d From 2022...... 1,997,556
e From 2023...... 1,240,409
f Total of lines 3a through e ........ 10,873,479
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 3,377,000
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions).....
 
c Treated as distributions out of corpus (Election
required—see instructions)........
 
d Applied to 2024 distributable amount..... 922,175
e Remaining amount distributed out of corpus 2,454,825
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 13,328,304
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ...
2,224,902
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
11,103,402
10 Analysis of line 9:
a Excess from 2020.... 2,123,682
b Excess from 2021.... 3,286,930
c Excess from 2022.... 1,997,556
d Excess from 2023.... 1,240,409
e Excess from 2024.... 2,454,825
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
aPaid during the year

1N10 INC

1101 N Central Avenue
PHOENIX,AZ85004
  PC BOARD SUPPORT GRANT 4,000

3 DS AFTERCARE INC

586 SEAMAN AVE
BALDWIN,NY11510
  PC ARTS CULTURE GRANT 20,000

4THE22

7723 N 6T ST
KALAMAZOO,MI49009
  PC BOARD SUPPORT GRANT 5,000

826 MICHIGAN

115 E LIBERTY
ANN ARBOR,MI48104
  PC ARTS CULTURE GRANT 25,000

ACCOUNTING AID SOCIETY

3031 W GRAND BLVD
DETROIT,MI48202
  PC FINANCIAL CAPABILITY 25,000

ALHAMBRA EDUCATION PARTNERSHIP

4510 N 378 THE AVE
PHOENIX,AZ85109
  PC COMMUNITY SUPPORT 1,000

ALLIANCE FOR FLUSHING MEADOWS CORONA

6 OLMSTEAD DR
FLUSHING,NY11368
  PC BOARD SUPPORT 5,000

ALTERNATIVES FOR GIRLS

903 W GRAND BLVD
DETROIT,MI48208
  PC WORKFORCE READINESS 15,000

AMERICAN CORPORATE PARTNERS

140 E 45TH ST
NEW YORK,NY10017
  PC WORKFORCE READINESS 25,000

APA FAMILY SUPPORT SERVICES

10 NIOTHINGHM PLACE
SAN FRANCISCO,CA94133
  PC WORKFORCE READINESS 25,000

ARC OF ESSEX COUNTY INC

123 NAYLON AVE
LIVINGSTON,NJ07081
  PC WORKFORCE READINESS 25,000

ARC OF NEW JERSEY INC

70 DIAMOND RD
SPRINGIELD,NJ07081
  PC WORKFORCE READINESS 20,000

ARIVA INC

69 E 167 STREET
BRONX,NY10452
  PC FINANCIAL CAPABILITY 50,000

COMMUNITY FOUNDATION FOR SE MICHIGAN

333 W FORT ST
DETROIT,MI48226
  PC PONTIAC FUNDERS COLLABORATIVE 100,000

BARSTOW COLLEGE FOUNDATION

2700 BARSTOW RD
BARSTOW,CA92311
  PC BOARD SUPPORT 5,000

AUBURNDALE SOCCER CLUB INC

1523 10TH AVE
WHITESTONE,NY11357
  PC BOARD SUPPROT 5,000

CENTER FOR HEARING AND COMMUNICATION

50 BROADWAY
NEW YORK,NY10004
  PC WORKFORCE READINESS 25,000

THE SOUP KITCHEN INC

P O BOX 741155
BOYNTON BEACH,FL33474
  PC WORKFORCE READINESS 25,000

ARIZONA CENTER FOR THE BLIND AND VISUALLY IMPAIRED

3100 E ROOSEVELT ST
PHOENIX,AZ85008
  PC WORKFORCE READINESS 15,000

CENTER FOR INDEPENDENT LIVING BROWARD INC

4800 N STATE RD
LAUDERDALE LAKES,FL33319
  PC FINANCIAL CAPABILITY - VITA 25,000

COMMUNITY ACCESS CENTER INC

8910 MIRAMAR PARKWAY
MIRAMAR,FL33025
  PC FINANCIAL CAPABILITY - VITA 25,000

CORPORATE SOURCE INC

1225 FRANKLIN AVE
GARDEN CITY,NY11530
  PC WORKFORCE READINESS 25,000

ENTERPRISE COMMUNITY PARTNERS INC

I WHITEHALL ST
NEW YORK,NY10004
  PC WORKFORCE READINESS 25,000

DUTTON FARM INC

2290 DUTTON RD
ROCHESTER,MI48306
  PC BOARD SUPPORT 5,000

ENTERPRISE COMMUNITY PARTNERS INC

812 HURON RD
CLEVELAND,OH44115
  PC FINANCIAL CAPABILITY - VITA 25,000

HISPANIC UNITY OF FLORIDA INC

5840 JOHNSON ST
HOLLYWOOD,FL33021
  PC FINANCIAL CAPABILITY - VITA 50,000

HOUSING PARTNERSHIP INC

2001 W BLYE HERON BLVD
RIVIERA BEACH,FL33404
  PC FINANCIAL CAPABILITY - VITA 25,000

MIAMI RESCUE MISSION BROWARD OUTREACH CENTERS INC

3553 NW 50TH STREET
MIAMI,FL33142
  PC WORKFORCE READINESS 25,000

BERRIEN CONNECTION

185 E MAIN STREET
BENTON HARBOR,MI49022
    ARTS CULTURE 10,000

PATHWAYS OF PROSPERITY INC

639 E OCEAN AVE
BOYNTON BEACH,FL33435
  PC WORKFORCE READINESS 25,000

SAMARITAS

8131 E JEFFERSON AVE
DETROIT,MI48214
  PC WORKFORCE READINESS 25,000

SERVICES TO ENHANCE POTENTIAL

2941 S GULLEY RD
DEARBORN,MI48124
  PC WORKFORCE READINESS 25,000

ACCESS CALIFORNIA SERVICES

300 WCARL KARCHER WAY
ANAHEIM,CA92801
  PC WORKFORCE READINESS 25,000

SPANISH AMERICAN COMMITTEE FOR BETTER COMMUNITY

4407 LORAIN AVENUE
CLEVELAND,OH44113
  PC WORKFORCE READINESS 25,000

THE CHILDREN'S MUSUEM OF CLEVELAND

3813 EUCLID AVE
CLEVELAND,OH44115
  PC ARTS CULTURE 25,000

ABILITYPATH

350 TWIN DOPHIN
REDWOOD CITY,CA94065
  PC ARTS CULTURE 25,000

YOUNG MENS CHRISTIAN ASSOCIATION OF SOUTH FLORIDA INC

900 SE 3RD AVENUE
FORT LAUDERDALE,FL33316
  PC ARTS CULTURE 25,000

ABILITIES INC

201 IU WILLETS RD
ALBERTSON,NY11507
  PC WORKFORCE READINESS 20,000

COMMUNITY ACTION AGENCY

1214 GREENWOOD AVE
JACKSON,MI49203
  PC FINANCIAL CAPABILITY 25,000

FORT WAYNE DANCE COLLECTIVE INC

437 E BERRY ST
FORT WAYNE,IN46802
  PC ARTS CULTURE 20,000

BIRCH FAMILY SERVICES INC

10 W 29TH STREET
NEW YORK,NY10001
  PC WORKFORCE READINESS 25,000

MESA UNITED WAY INC

137 E UNIVERSITY DR
MESA,AZ85201
  PC FINANCIAL CAPABILITY 25,000

SAUGATUCK CENTER FOR THE ARTS INC

400 CULVER STREET
SAUGATUCK,MI49453
  PC ARTS CULTURE 25,000

SOS CHILDREN'S VILLAGE FLORIDA INC

3681 NW 59TH PLACE
COCONUT CREEK,FL33388
  PC WORKFORCE READINESS 25,000

THE RUSSELL LIFE SKILLS AND READING FOUNDATION INC

499 W 70TH AVE
PLANTATION,FL33317
  PC BOARD SUPPORT 5,000

YOUNG AT ART OF BROWARD INC

8000 W BROWARD BLVD
PLANTATION,FL33388
  PC ARTS CULTURE 25,000

AMERICAN RED CROSS-MICHIGAN REGION

7800 OUTER DRIVE WEST
DETROIT,MI48235
  PC DISASTER CONTRIBUTION 10,000

AMERICAN RED CROSS INDIANAPOLIS

1510 N MERIDIAN STREET
INDIANPOLIS,IN46202
  PC BAORD SUPPORT 5,000

BRIDGE BUILDERS SOCIAL CLUB

4641 N 12 ST
PHOENIX,AZ85014
  PC COMMUNITY INVOLVEMENT 1,000

SEEDS FOR AUTISM

1775 E OCOTILLO RD
PHOENIX,AZ85016
  PC WORKFORCE READINESS 15,000

BLACK LEADERS DETROIT

8425 W McNICHOLS
DETROIT,MI48221
  PC BOARD SUPPORT 5,000

UNITED WAY OF ALLEN COUNTY INC

347 W BERRY ST
FORT WAYNE,IN46802
  PC FINANCIAL CAPABILITY 15,000

BOYS AND GIRLS CLUB OF HUNTINGTON

608 E STATE ST
HUNTINGTON,IN46750
  PC BOARD SUPPORT 5,000

BOYS HOPE GIRLS HOPE

P O BOX 21085
DETROIT,MI48221
  PC ARTS CULTUREQ 15,000

CATHOLIC CHARITIES COMMUNITY SERVICES INC

5151 N 19TH AVE
PHOENIX,AZ85015
  PC ARTS CULTURE 15,000

CATHOLIC CHARITIES- DIOCESE OF METUCHEN

929 STATE STREET
PERTH AMBOY,NJ08861
  PC COMMUNITY INVOLVELEMT 1,000

CATHOLIC CHARITIES OF THE DIOCESE OF FORT WAYNE-SOUTH BEND INC

107 WESR 5TH ST
AUBURN,IN46706
  PC FINANCIAL CAPABILITY 20,000

COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATION OF MICHIGAN

1118 S WASHINGTON AVE
LANSING,MI48910
  PC FINANCIAL CAPABILITY 50,000

COMUNILIFE INC

462 7TH AVENUE
NEW YORK,NY10018
  PC ARTS CULTURE 25,000

SALVATION ARMY KROC CENTER

30840 HAWTHORNE BLVD
RANCHO,CA90275
  PC ARTS CULTURE 15,000

CHALDEAN COMMUNITY FOUNDATION

3601 15 MILE RD
STERLING HEIGHTS,MI48310
  PC WORKFORCE READINESS 25,000

EMANUEL JACKSON SR PROJECT INC

700 W ATLANTIC AVE
DELRAY BEACH,FL33444
  PC BOARD SUPPORT 5,000

CHILD AND FAMILY CHARITIES

4287 FIVE OAK DRIVE
LANSING,MI48911
  PC WORKFORCE READINESS 15,000

CHILD INTERNATIONAL

1516 BROOKHOLLOW DR
SANTA ANA,CA92705
  PC WORKFORCE READINESS 25,000

CHINESE AMERICAN PLANNING COUNCIL INC

45 SUFFOLD ST
NEW YORK,NY10002
  PC WORKFORCE READINESS 25,000

CITY ACCESS NEW YORK

1207 CASTLETON AVE
STATEN ISLAND,NY10310
  PC WORKFORCE READINESS 25,000

BIG BROTHER BIG SISTERS OF NORTHEAST INDIANA INC

1005 WEST RUDISILL BLVD
FORT WAYNE,IN46807
  PC BOARD SUPPORT 5,000

CLARAS HOPE

2525 W SHIAWASSEE AVE
FENTON,MI48430
  PC BOARD SUPPORT 5,000

CLEVELAND CENTER FOR MISSING ABDUCTED

2937 W 25TH ST
CLEVELAND,OH44113
  PC BOARD SUPPORT 5,000

CLEVELAND HEARING AND SPEECH CENTER

6001 EUCLID AVE
CLEVELAND,OH44103
  PC WORKFORCE READINESS 25,000

CLEVELAND STATE UNIVERSITY FOUNDATION

2121 EUCLID AVE
CLEVELAND,OH44115
  PC BOARD SUPPORT 5,000

COMMUNITY FOUNDATION OF HOLLAND ZEELAND AREA

85 E 8TH STREET
HOLLAND,MI49423
  PC BOARD SUPPORT 5,000

FUTURE SMILES

3074 ARVILLE STREET
LAS VEGAS,NV89102
  PC BOARD SUPPORT 4,000

CRESCENDO DETROIT

18696 CHERRYLAWN ST
DETROIT,MI48221
  PC ARTS CULTURE 15,000

CROSSROADS OF MICHIGAN

2424 W GRAND BLVD
DETROIT,MI48208
  PC WORKFORCE READINESS 25,000

DEER PARK COMMUNITY CULTURAL ALLIANCE

41 SAMMIS AVE
DEER PARK,NY11729
  PC BOARD SUPPORT 3,000

DESERT MANNA

201 NORTH FIRST AVE
BARSTOW,CA92311
  PC WORKFORCE READINESS 15,000

DETROIT CRISTO REY HIGH SCHOOL INC

567 W VERNOR HWY
DETROIT,MI48209
  PC ARTS CULTURE 10,000

KOREAN AMERICAN COMMUNITY OF METRO DETROIT

24666 NORTHWESTERN HWY
SOUTHFIELD,MI48075
  PC BOARD SUPPORT 5,000

DETROIT PUBLIC SCHOOLS FOUNDATION

3011 W GRAND BLVD
DETROIT,MI48202
  PC BOARD SUPPORT 5,000

DETROIT PUBLIC THEATRE

3960 THIRD AVE
DETROTI,MI48201
  PC ARTS CULTURE 25,000

MAKE A WISH FOUNDATION OF OHIO KENTUCKY AND INDIANA

2545 FARMERS DR
COLUMBUS,OH43235
    BOARD SUPPORT 5,000

MARYAM PARHAM FOUNDATION FOR CHILDREN

1421 N WANDA RD
ORANGE,CA92867
  PC BOARD SUPPORT 5,000

DETROIT SUZUKI ACADEMY OF MUSIC

4120 COMMON WEALTH
DETROIT,MI48208
  PC ARTS CULTURE 10,000

DEVOTA ADVOCACY SERVICES

6576 LINDEN RD
FENTON,MI48430
  PC FINANCIAL CAPABILITY 25,000

EAST VALLEY DREAM CENTER INC

900 E PECOS RD
CHANDLER,AZ85225
  PC COMMUNITY INVOLVEMENT 1,000

EDEN II SCHOOL FOR AUTISTIC CHILDERN INC

15 BEACH ST
STATEN ISLAND,NY10304
  PC WORKFORCE READINESS 25,000

SLEEP IN HEAVENLY PEACE INC

669 W QUINN RD
POCATELLO,ID83202
  PC BOARD SUPPORT 4,000

EL NIDO FAMILY CENTERS

440 SHATTO PLACE
LOS ANGELES,CA90020
  PC FINANCIAL CAPABILITY 50,000

RESCUE MISSION

315 NORTH A STREET
OXNARD,CA93030
  PC WORKFORCE READINESS 25,000

THE KONNECTION

19736 WESTMORELAND
DETROIT,MI48219
  PC ARTS CULTURE 10,000

YWCA OF EASTER UNION COUNTY

1131 E JERSEY ST
ELIABETH,NJ07201
  PC WORKFORCE READINESS 15,000

FRESH COAST FILM FESTIVAL

132 W WASHINGTON ST
MARQUETTE,MI49855
  PC ARTS CULTURE 10,000

METROPOLITAN YMCA OF THE ORANGES INC

304 S LIVINGSTON AVE
LIVINGSTON,NJ07039
  PC ARTS CULTURE 25,000

SAM WASHINGTON SR FOUNDATION

24495 BERG RD
SOUTHFIELD,MI48033
  PC BOARD SUPPORT 5,000

ZELIE'S HOUSE

13463 ROCKSIDE RD
GARFIELD HEIGHTS,OH44125
  PC WORKFORCE READINESS 25,000

SAMUEL FIELD YM & YWHA INC (Commonpoint Queens)

5820 LITTLE NECK PKWY
LITTTLE NECK,NY11362
  PC WORKFORCE READINESS 25,000

YAVAPAI CASA FOR KIDS FOUNDATION

P O BOX 28070
PRESCOTT VALLEY,AZ86312
  PC BOARD SUPPORT 4,000

SEDONA ARTS CENTER INC

15 ART BARN RD
SEDONA,AZ86336
  PC ARTS CULTURE 15,000

SELF-HELP FOR THE ELDERLY

731 SANSOME ST
SAN FRANCISCO,CA94111
  PC WORKFORCE READINESS 25,000

SHAKER ARTS COUNCIL

16781 CHGRIN BLVD
SHAKER HTS,OH44120
  PC ARTS CULTURE 10,000

SOLDIERS ANGELS

2895 NE LOOP 410
SAN ANTONIO,TX78218
  PC BOARD SUPPORT 5,000

THE SOCIETY OF ST VINCENT DE PAUL IN THE ARCHDIOCESE OF DETROIT

3000 GRATIOT AVE
DETROIT,MI48207
  PC WORKFORCE READINESS 15,000

MAYFIELD HEIGHTS POLICE FOUNDATION

6154 MAYFIELD RD
MAYFIELD HTS,OH44124
  PC BOARD SUPPORT 2,500

MERGE OPPORTUNITIES INC

3760 KILROY AIRPORT WAY
LONG BEACH,CA90806
  PC WORKFORCE READINESS 25,000

GLEANERS COMMUNITY FOOD BANK OF SOUTHEASTERN MICHIGAN

2131 BEAUFAIT ST
DETROIT,MI48207
  PC COMMUNITY INVOLVEMENT 500

GWINN ALL SPORTS BOOSTER CLUB

50 W STATE HIGHWAY
GWINN,MI49841
  PC COMMUNITY INVOLVEMENT 500

HELP USA INC

115 E 13TH STREET
NEW YORK,NY10003
  PC ARTS CULTURE 25,000

HERSTORY WRITERS WORKSHOP INC

2539 MIDDLE COUNTRY RD
CENTEREACH,NY11720
  PC ARTS CULTURE 20,000

EVES PLACE INC

8877 N 107TH AVE
PEORIA,AZ85345
  PC BOARD SUPPORT 5,000

FAIRHILL PARTNERS

12200 FAIRHILL RD
CLEVELAND,OH44120
  PC COMMUNITY INVOLVEMENT 1,000

FAIRVIEW PARK WOMENS CLUB INC

4321 W 2229TH ST
FAIRVIEW PARK,OH44126
  PC BOARD SUPPORT 5,000

INSTITUTE FOR AFROURBANISM

8552 CAMERON ST
DETROIT,MI48211
  PC ARTS CULTURE 10,000

JACKSON SCHOOL OF THE ARTS ASSOCIATION

135 W CORTLAND AVE
JACKSON,MI49201
  PC ARTS CULTURE 25,000

JASA CORPORATION ( The Jewish Association for Services for the Aged

247 W 37TH STREET
NEW YORK,NY10018
  PC WORKFORCE READINESS 25,000

JUNIOR ACHIEVEMENT OF NEW YORK

200 W 41ST STREET
NEW YORK,NY10036
  PC COMMUNITY INVOLVEMENT 1,000

KNOWRESOLVE

13295 W STAR DR
SHELBY TWP,MI48315
  PC ARTS CULTURE 15,000

FAMILY AND CHILDRENS ASSOCIATION

377 OAK STREET
GARDEN CITY,NY11530
  PC ARTS CULTURE 25,000

FAMILY SERVICE AND CHILDRENS AID

306 W MICHIGAN AVE
JACKSON,MI49201
  PC BOARD SUPPORT 5,000

FAMILY SERVICE LEAGUE INC

790 PARK AVE
HUNTINGTON,NY11743
  PC WORKFORCE READINESS 25,000

FARMHOUSE RESCUE

19741 LIVE OAK CANYON RD
TRABUCO CANYON,CA92679
  PC WORKFORCE READINESS 25,000

FLEECE & THANK YOU

22641 MORGATE ST
NOVI,MI48374
  PC BOARD SUPPORT 5,000

FORT WAYNE CIVIC THEATRE INC

303 E MAIN ST
FORT WAYNE,IN46809
  PC ARTS CULTURE 25,000

L I CHILD AND FAMILY DEVELOPMENT SERVICES INC

98 AUSTIN ST
PATCHOGUE,NY11772
  PC WORKFORCE READINESS 20,000

LATINO BUSINESS ACTION NETWORK INC

297 COMMERCIAL ST
SAN JOSE,CA95112
  PC COMMUNITY INVOLVEMENT 1,000

LATINUS THEATER EXPERIENCE CO

2937 W 25TH STREET
CLEVELAND,OH44113
  PC ARTS CULTURE 25,000

LENAWEE COUNCIL FOR THE VISUAL ARTS

1375 N MAIN ST
ADRIAN,MI49221
  PC ARTS CULTURE 15,000

LOGAN COMMUNITY RESOURCES INC

P O BOX 1049
SOUTH BEND,IN46624
  PC WORKFORCE READINESS 20,000

LONG ISLAND COALITION FOR THE HOMELESS

600 ALBANY AVE
AMITYVILLE,NY11701
  PC BOARD SUPPORT 5,000

MICHAELS COMMUNITY SERVICES CORPORATION

P O BOX 90708
CAMDEN,NJ08101
  PC COMMUNITY INVOLVEMENT 1,000

MICHIGAN COMMUNITY RESOURCES

440 BURROUGH ST
DETROIT,MI48202
  PC BOARD SUPPORT 5,000

MICHIGAN COUNCIL OF WOMEN IN TECH FOUNDATION

ONE TOWNE SQUARE
SOUTHFIELD,MI48076
  PC WORKFORCE READINESS 25,000

MICHIGAN TECH FUND SUPPORTING ORGANIZATION

1400 TOWNSEND DR
HIUGHTON,MI49931
  PC BOARD SUPPORT 5,000

MOJAVE VALLEY UNITED FUND

P O BOX 362
BARSTOW,CA92312
  PC BOARD SUPPORT 2,500

MONMOUTH COUNTY ARTS COUNCIL INC

105 MONMOUTH ST
RED BANK,NJ07701
  PC ARTS CULTURE 25,000

NAT KING COLE GENERATION HOPE INC

4710 NW 2ND AVE
BOCA RATON,FL33431
  PC ARTS CULTURE 25,000

NATIONAL COUNCIL OF NEGRO WOMEN INC

P O BOX 93381
CLEVELAND,OH44101
  PC BOARD SUPPORT 5,000

NATIONAL COUNCIL ON ALCOHOLISM AND DRUG DEPENDENCE OF MIDDLESEX

620 CRANBURY RD
BRUNSWICK,NJ08816
  PC BOARD SUPPORT 5,000

NATIONAL KIDNEY FOUNDATION INC

30 E 33RD ST
NEW YORK,NY10016
  PC WORKFORCE READINESS 25,000

NAZARETH HOUSING DEVELOPMENT

795 RUSSELL AVE
AKRON,OH44307
  PC BOARD SUPPORT 5,000

NEW YORK CITY EMPLOYMENT AND TRAINING COALITION INC

121 AVENUE OF THE AMERICAS
NEW YORK,NY10013
  PC WORKFORCE READINESS 50,000

NEWARK ARTS COUNCIL

17 ACADEMY ST
NEWARK,NJ07102
  PC ARTS CULTURE 25,000

NICHOLAS CENTER LTD

382 MAIN ST
PORT WASHINGTON,NY11050
  PC WORKFORCE READINESS 25,000

NOBLE MARITIME COLLECTION

100 RICHMOND TERRACE
STATEN ISLAND,NY10301
  PC ARTS CULTURE 25,000

NPOWER INC

116 LOTHROP ST
DETROIT,MI48202
  PC WORKFORCE READINESS 20,000

OCJ KIDS

21630 N 9TH AVE
PHOENIX,AZ85027
  PC COMMUNITY INVOLVEMENT 500

ON MY OWN OF MICHIGAN

1250 KIRTS BLVD
TROY,MI48084
  PC WORKFORCE READINESS 25,000

OSBORNE ASSOCIATION INC

809 WESTCHESTER AVE
BRONX,NY10455
  PC WORKFORCE READINESS 25,000

PALS FOR HEALING

4700 ROCKSIDE RD
INDEPENDENCE,OH44131
  PC ARTS CULTURE 25,000

PAL-O-MINE EQUESTRIAN INC

829 OLD NICHOLS RD
ISLANDIA,NY11749
  PC WORKFORCE READINESS 25,000

PAWS OF WAR INC

127 SMITGTOWN BLVD
NESONSET,NY11767
  PC WORKFORCE READINESS 25,000

PENNY LANE

10526 DUNOFF WAY
HOLLYWOOD,CA91606
  PC WORKFORCE READINESS 25,000

PER SCHOLAS INC

804 E 138TH ST
BRONX,NY10454
  PC WORKFORCE READINESS 50,000

PIECE BY PIECE

1001 WILSHIRE ST
LOS ANGELES,CA90017
  PC BOARD SUPPORT 5,000

PROJECT RENEWAL INC

200 VARICK ST
NEW YORK,NY10014
  PC WORKFORCE READINESS 25,000

QUEENS THEATRE IN THE PARK INC

14 UNITED NATIONS AVE
CORONA,NY11368
  PC ARTS CULTURE 25,000

RECOVERY CAFE FULTON COUNTY

715 MAINST
ANGOLA,IN46975
  PC BOARD SUPPORT 5,000

ROCHESTER SYMPHONY ORCHESTRA SOCIETY INC

P O 80262
ROCHESTER,MI48308
  PC BOARD SUPPORT 5,000

ROSIES HOUSE A MUSIC ACADEMY FOR CHILDREN INC

P O BOX 13446
PHOENIX,AZ85002
  PC ARTS CULTURE 15,000

ST GEORGE THEATRE RESTORATION INC

35 HYATT ST
STATEN ISLAND,NY10301
  PC WORKFORCE READINESS 25,000

ST MARY MEDICAL CENTER

18300 HIGHWAY 18
APPLE VALLEY,CA92307
  PC WORKFORCE READINESS 20,000

STEEN FOUNDATION

5691 HILLCREST ST
DETROIT,MI48236
  PC ARTS CULTURE 10,000

STEUBEN COUNTY LITERACY COALITION

1208 S WAYNE ST
ANGOLA,IN46703
  PC BOARD SUPPORT 5,000

SYMBA CENTER

16519 VICTOR ST
VICTORVILLE,CA92395
  PC WORKFORCE READINESS 15,000

THE ACTORS FUND OF AMERICA (Entertainment Community Fund)

729 SEVENTH AVE
NEW YORK,NY10019
  PC FINANCIAL CAPABILITY 25,000

THE BROADWAY LEAGUE FOUNDATION INC

729 SEVENTH AVE
NEW YORK,NY10019
  PC ARTS CULTURE 25,000

THE EMMA ALYSON & KATE HANCE FAMILY FOUNDATION INC

130 TULIP AVE
FLORAL PARK,NY11001
  PC WORKFORCE READINESS 25,000

THE HALO FOUNDATION

134 WESTER AVE
AKRON,OH44313
  PC BOARD SUPPORT 5,000

THE HEIDELBERG PROJECT

3442 MCDOUGALL AVE
DETROIT,MI48207
  PC ARTS CULTURE 15,000

THE NORTHERN MICHIGAN UNIVERSITY FOUNDATION

1401 PRESQUE ISLE AVE
MARQUETTE MI,MI49855
  PC ARTS CULTURE 15,000

THEA BOWMAN CENTER

11901 OAKFIELD AVE
CLELVELAND,OH44105
  PC FINANCIAL CAPABILITY 25,000

TIERRA DEL SOL FOUNDATION

9919 SUNLAND BLVD
SUNLAND,OH44105
  PC ARTS CULTURE 25,000

TOGETHER WE CAN MAKE A DIFFERENCE

224 W WILKINS ST
JACKSON,MI49203
  PC COMMUNITY INVOLVEM,ENT 500

UP PINK POWER

P O BOX 907
GWINN,MI49841
  PC COMMUNITY INVOLVEMENT 500

UNITED CEREBRAL PALSY ASSOCIATIONS OF NEW YORK STATE INC

40 RECTOR ST
NEW YORK,NY10006
  PC WORKFORCE READINESS 25,000

UNITED WAY OF CENTRAL JERSEY INC

32 FORD AVE
MILTOWN,NJ08850
  PC FINANCIAL CAPABILITY 25,000

UNITED WAY OF ESSEX AND WEST HUDSON

50 PARK PLACE
NEWARK,NJ07102
  PC FINANCIAL CAPABILITY 25,000

UNITED WAY OF LONG ISLAND

819 GRAND BLVD
DEER PARK,NY11729
  PC WORKFORCE READINESS 25,000

UNITED WAY OF MARQUETTE COUNTY

P O BOX 73
MARQUETTE,MI49855
  PC FIANACIAL CAPABILITY 25,000

UNITED WAY OF SOUTH CENTRAL MICHIGAN

709 S WESTNEDGE
KALAMAZOO,MI49007
  PC FINANCIAL CAPABILITY 50,000

UNIVERSITY OF WISCONSIN GREEN BAY FOUNDATION INC

2420 NICOLET DR
GREEN BAY,WI54311
  PC ARTS CULTURE 15,000

UP LIONS SERVE

7578 MILLECOQUIN LAKE DR
ENGADINE,MI49827
  PC BOARD SUPPORT 5,000

URBAN ALLIANCE FOUNDATION INC

2030 Q ST NW
WASHINGTON,DC20009
  PC WORKFORCE READINESS 25,000

VETLIFE

710 OAK BARK DR
HOWELL,MI48843
  PC WIORKFORCE READINESS 15,000

VICTOR VALLEY COMMUNITY SERVICES COUNCIL

P O BOX 1992
VICTORVILLE,CA92393
  PC BIOARD SUPPORT 5,000

VISTA MARIA

20651 W WARREN AVE
DEARBORN HTS,MI48127
  PC ARTS CULTURE 20,000

VOCATIONAL INSTRUCTION PROJECT COMMUNITY SERVICES INC

770 E 176TH ST
BRONX,NY10460
  PC WORKFORCE READINESS 25,000

WE THE PEOPLE OPPORTUNITY FARM INC

806 HILLYARD ROBINSON
YPSILANTYI,MI48197
  PC WORKFORCE READINESS 20,000

WELL COMMUNITY DEVELOPMENT CORPORATION

647 E MARKET ST
AKRON,OH44304
  PC WORKFORCE READINESS 25,000

WELLS COMMUNITY BOYS & GIRLS CLUB INC

1410 S WAYNE SY
BLUFFTON,IN46714
  PC BOARD SUPPORT 5,000

WESTON HISTORICAL SOCIETY INC

P O BOIX 1092
WESTON,CT06883
  PC BOARD SUPPORT 5,000

WINGS OF EMPOWERMENT LI INC

427 AMERICAN BLVD
BRENTWOOD,NY11717
  PC ARTS CULTURE 10,000

WOMENRISING INC

270 FAIRMONT AVE
JERSEY CITY,NJ07306
  PC WORKFORCE READINESS 25,000

WRIGHTWOOD ARTS CENTER

P O BOX 1196
WRIGHTWOOD,CA92397
  PC ARTS CULTURE 15,000

WYANDANCH PLAZA ASSOCIATION INC

40 STATION DR
WYANDANCH,NY11798
  PC ARTS CULTURE 10,000

WYOMING KENTWOOD AREA CHAMBER FOUNDATION

921 47T STREET
WYOMING,MI49509
  PC BOARD SUPPORT 5,000

A NEW LEAF

868 E UNIVERSITY DRIVE
MESA,AZ85203
  PC FINANCIAL CAPABILITY 20,000

NESS

536 N JACKSON ST
JACKSON,MI49201
  PC BOARD SUPPORT 5,000

BILLION OYSTER PROJECT

10 SOUTH ST
NEW YORK,NY10004
  PC COMMUNITY INVOLVEMENT 500
Total .................................right arrow 3a 3,445,000
bApproved for future payment

ALHAMBRA EDUCATION PARTNERSHIP
4510 N 378 THE AVE
PHOENIX,AZ85109
  PC COMMUNITY SUPPORT 1,000

ARIVA INC
69 E 167 STREET
BRONX,NY10452
  PC FINANCIAL CAPABILITY 50,000

BARSTOW COLLEGE FOUNDATION
2700 BARSTOW RD
BARSTOW,CA92311
  PC BOARD SUPPORT 5,000

AUBURNDALE SOCCER CLUB INC
1523 10TH AVE
WHITESTONE,NY11357
  PC BOARD SUPPROT 5,000

CENTER FOR HEARING AND COMMUNICATION
50 BROADWAY
NEW YORK,NY10004
  PC WORKFORCE READINESS 25,000

CORPORATE SOURCE INC
1225 FRANKLIN AVE
GARDEN CITY,NY11530
  PC WORKFORCE READINESS 25,000

HOUSING PARTNERSHIP INC
2001 W BLYE HERON BLVD
RIVIERA BEACH,FL33404
  PC FINANCIAL CAPABILITY - VITA 25,000

MIAMI RESCUE MISSION BROWARD OUTREACH CENTERS INC
3553 NW 50TH STREET
MIAMI,FL33142
  PC WORKFORCE READINESS 25,000

PATHWAYS OF PROSPERITY INC
639 E OCEAN AVE
BOYNTON BEACH,FL33435
  PC WORKFORCE READINESS 25,000

SPANISH AMERICAN COMMITTEE FOR BETTER COMMUNITY
4407 LORAIN AVENUE
CLEVELAND,OH44113
  PC WORKFORCE READINESS 25,000

THE CHILDREN'S MUSUEM OF CLEVELAND
3813 EUCLID AVE
CLEVELAND,OH44115
  PC ARTS CULTURE 25,000

ABILITYPATH
350 TWIN DOPHIN
REDWOOD CITY,CA94065
  PC ARTS CULTURE 25,000

YOUNG MENS CHRISTIAN ASSOCIATION OF SOUTH FLORIDA INC
900 SE 3RD AVENUE
FORT LAUDERDALE,FL33316
  PC ARTS CULTURE 25,000

COMMUNITY ACTION AGENCY
1214 GREENWOOD AVE
JACKSON,MI49203
  PC FINANCIAL CAPABILITY 25,000

FORT WAYNE DANCE COLLECTIVE INC
437 E BERRY ST
FORT WAYNE,IN46802
  PC ARTS CULTURE 20,000

SOS CHILDREN'S VILLAGE FLORIDA INC
3681 NW 59TH PLACE
COCONUT CREEK,FL33388
  PC WORKFORCE READINESS 25,000

UNITED WAY OF ALLEN COUNTY INC
347 W BERRY ST
FORT WAYNE,IN46802
  PC FINANCIAL CAPABILITY 15,000

BOYS AND GIRLS CLUB OF HUNTINGTON
608 E STATE ST
HUNTINGTON,IN46750
  PC BOARD SUPPORT 5,000

CATHOLIC CHARITIES OF THE DIOCESE OF FORT WAYNE-SOUTH BEND INC
107 WESR 5TH ST
AUBURN,IN46706
  PC FINANCIAL CAPABILITY 20,000

CHILD INTERNATIONAL
1516 BROOKHOLLOW DR
SANTA ANA,CA92705
  PC WORKFORCE READINESS 25,000

CHINESE AMERICAN PLANNING COUNCIL INC
45 SUFFOLD ST
NEW YORK,NY10002
  PC WORKFORCE READINESS 25,000

CLEVELAND HEARING AND SPEECH CENTER
6001 EUCLID AVE
CLEVELAND,OH44103
  PC WORKFORCE READINESS 25,000

DEER PARK COMMUNITY CULTURAL ALLIANCE
41 SAMMIS AVE
DEER PARK,NY11729
  PC BOARD SUPPORT 3,000

DETROIT PUBLIC THEATRE
3960 THIRD AVE
DETROTI,MI48201
  PC ARTS CULTURE 25,000

FRESH COAST FILM FESTIVAL
132 W WASHINGTON ST
MARQUETTE,MI49855
  PC ARTS CULTURE 10,000

THE SOCIETY OF ST VINCENT DE PAUL IN THE ARCHDIOCESE OF DETROIT
3000 GRATIOT AVE
DETROIT,MI48207
  PC WORKFORCE READINESS 15,000

FAIRHILL PARTNERS
12200 FAIRHILL RD
CLEVELAND,OH44120
  PC COMMUNITY INVOLVEMENT 1,000

JASA CORPORATION ( The Jewish Association for Services for the Aged
247 W 37TH STREET
NEW YORK,NY10018
  PC WORKFORCE READINESS 25,000

JUNIOR ACHIEVEMENT OF NEW YORK
200 W 41ST STREET
NEW YORK,NY10036
  PC COMMUNITY INVOLVEMENT 1,000

FORT WAYNE CIVIC THEATRE INC
303 E MAIN ST
FORT WAYNE,IN46809
  PC ARTS CULTURE 25,000

L I CHILD AND FAMILY DEVELOPMENT SERVICES INC
98 AUSTIN ST
PATCHOGUE,NY11772
  PC WORKFORCE READINESS 20,000

LATINO BUSINESS ACTION NETWORK INC
297 COMMERCIAL ST
SAN JOSE,CA95112
  PC COMMUNITY INVOLVEMENT 1,000

MICHIGAN COMMUNITY RESOURCES
440 BURROUGH ST
DETROIT,MI48202
  PC BOARD SUPPORT 5,000

NEW YORK CITY EMPLOYMENT AND TRAINING COALITION INC
121 AVENUE OF THE AMERICAS
NEW YORK,NY10013
  PC WORKFORCE READINESS 50,000

NEWARK ARTS COUNCIL
17 ACADEMY ST
NEWARK,NJ07102
  PC ARTS CULTURE 25,000

OSBORNE ASSOCIATION INC
809 WESTCHESTER AVE
BRONX,NY10455
  PC WORKFORCE READINESS 25,000

PENNY LANE
10526 DUNOFF WAY
HOLLYWOOD,CA91606
  PC WORKFORCE READINESS 25,000

QUEENS THEATRE IN THE PARK INC
14 UNITED NATIONS AVE
CORONA,NY11368
  PC ARTS CULTURE 25,000

ST GEORGE THEATRE RESTORATION INC
35 HYATT ST
STATEN ISLAND,NY10301
  PC WORKFORCE READINESS 25,000

STEUBEN COUNTY LITERACY COALITION
1208 S WAYNE ST
ANGOLA,IN46703
  PC BOARD SUPPORT 5,000

THE BROADWAY LEAGUE FOUNDATION INC
729 SEVENTH AVE
NEW YORK,NY10019
  PC ARTS CULTURE 25,000

TIERRA DEL SOL FOUNDATION
9919 SUNLAND BLVD
SUNLAND,OH44105
  PC ARTS CULTURE 25,000

UNIVERSITY OF WISCONSIN GREEN BAY FOUNDATION INC
2420 NICOLET DR
GREEN BAY,WI54311
  PC ARTS CULTURE 15,000

URBAN ALLIANCE FOUNDATION INC
2030 Q ST NW
WASHINGTON,DC20009
  PC WORKFORCE READINESS 25,000

WELL COMMUNITY DEVELOPMENT CORPORATION
647 E MARKET ST
AKRON,OH44304
  PC WORKFORCE READINESS 25,000

WYANDANCH PLAZA ASSOCIATION INC
40 STATION DR
WYANDANCH,NY11798
  PC ARTS CULTURE 10,000

BILLION OYSTER PROJECT
10 SOUTH ST
NEW YORK,NY10004
  PC COMMUNITY INVOLVEMENT 500
Total ................................. right arrow 3b 907,500
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
    14 337,177  
4 Dividends and interest from securities ....          
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....       622,286  
8 Gain or (loss) from sales of assets other than
inventory ............
         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   959,463  
13Total. Add line 12, columns (b), (d), and (e)..................
13
959,463
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow
PTIN
Firm's name Right Arrow
Firm's EIN Right Arrow
Firm's address Right Arrow


Phone no.
Form 990-PF (2024)
Additional Data


Software ID: 24019898
Software Version: 24.0.1.0


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
FLAGSTAR FOUNDATION INC
 
Employer identification number

82-1812075
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
FLAGSTAR FOUNDATION INC
 
Employer identification number
82-1812075
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
1
FLAGSTAR BANK
5151 CORPORATE DRIVE
 
TROY, MI48098

$ 380,158


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
FLAGSTAR FOUNDATION INC
 
Employer identification number

82-1812075
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
1
ADMINISTRATIVE SUPPORT $ 380,158 2024-12-31
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
FLAGSTAR FOUNDATION INC
 
Employer identification number

82-1812075
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID: 24019898
Software Version: 24.0.1.0

TY 2024 AccountingFeesSchedule
Name:
FLAGSTAR FOUNDATION INC
EIN:
82-1812075
Software ID:
24019898
Software Version:
24.0.1.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 13,820      

TY 2024 InvestmentsOtherSchedule2
Name:
FLAGSTAR FOUNDATION INC
EIN:
82-1812075
Software ID:
24019898
Software Version:
24.0.1.0
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
US Treasury Bills FMV 16,396,382 16,396,382

TY 2024 LegalFeesSchedule
Name:
FLAGSTAR FOUNDATION INC
EIN:
82-1812075
Software ID:
24019898
Software Version:
24.0.1.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes


TY 2024 OtherExpensesSchedule
Name:
FLAGSTAR FOUNDATION INC
EIN:
82-1812075
Software ID:
24019898
Software Version:
24.0.1.0
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK SERVICE CHARGES 45      


TY 2024 OtherProfessionalFeesSchedule
Name:
FLAGSTAR FOUNDATION INC
EIN:
82-1812075
Software ID:
24019898
Software Version:
24.0.1.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT FEES 380,158      


TY 2024 TaxesSchedule
Name:
FLAGSTAR FOUNDATION INC
EIN:
82-1812075
Software ID:
24019898
Software Version:
24.0.1.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 9,800