Grantmakers › Michigan

Youth Financial Literacy Foundation

Farmington Hills, MI · EIN 80-0056165. Reported 61 grants totalling $1,098,684 to 52 organizations across tax years 2021-2024, on Form 990 Schedule I.

52organizations funded
$15,000median reported grant
$1,098,684granted, 2021-2024
18%of grantees funded again the next year
16%of dollars to its largest recipient

Does this grantmaker accept applications?

Its tax return does not say, and we will not guess. Private foundations file Form 990-PF, which asks outright whether they fund only organizations they select themselves -- 78% say yes, and that one answer is what lets the rest of this site tell you which foundations are worth approaching. Grantmaking charities like this one file a regular Form 990 instead, and the IRS never puts the question to them. Anyone claiming to know the answer from the filing is inventing it.

Three things in the filing do bear on it:

  1. What kind of organization it is. For Youth Financial Literacy Foundation, the IRS classifies it under arts & culture rather than as a grantmaker (NTEE A33) -- it is an operating charity that also makes grants.
  2. How spread out its giving is. 52 distinct organizations, with 16% of the dollars going to the largest single recipient. That is genuinely spread out -- the mark of a funder making many independent decisions rather than underwriting one institution.
  3. How much its list changes. 18% of one year's grantees are funded again the next, across 3 year-to-year transitions. That is below the 56% median for grantmaking charities, and well below the 67% median for private foundations. It describes the organizations it already funds, not whether it would consider a new one.

How big are its grants?

The median reported grant is $15,000. Half of what it reported fell between $10,000 and $20,000; the smallest was $6,000 and the largest $170,448. If you are asking for materially more than the top of that range, you are asking the wrong organization.

Schedule I only reports grants over $5,000. Form 990 requires a charity to list recipients it paid more than that and lets it omit the rest, so every grant-size figure on this page describes the grants it reported, not all of them. Its real median is lower and its real recipient count is higher. This is also why these numbers cannot be compared with the private-foundation figures elsewhere on this site -- Form 990-PF has no reporting floor, so the two are different populations rather than two samples of one.
$5,000 - $10,000
15 grants
$10,000 - $25,000
36 grants
$25,000 - $50,000
9 grants
$100,000 - $250,000
1 grant

Every organization it funded

This is the complete list from its filings, largest first. Recipients are grouped by the EIN the filer reported, not by name, so an organization that was typed differently in two years appears once rather than twice.

OrganizationLocationTotal receivedGrantsYears fundedLast
Various Not Over 5000$170,448112022
Howard UniversityWashington, DC$52,500222022
University of Minnesota - Twin CitiMinneapolis, MN$40,000112022
University of Texas at AustinAustin, TX$37,500222022
Stetson University IncDeland, FL$34,947442024
Nc A&t State UnivGreensboro, NC$32,500112021
Temple University-of the Commonwealth System of Higher EducPhiladelphia, PA$32,500112021
University of HoustonHouston, TX$30,000112022
Spelman CollegeAtlanta, GA$28,952222023
Duke UniversityDurham, NC$27,500112022
Clark Atlanta University IncAtlanta, GA$25,000112021
Georgia Institute of TechnologyAtlanta, GA$25,000112022
Rector & Visitors of the University of VirginiaCharlottesvle, VA$25,000112022
Fort Valley State UniversityFort Valley, GA$23,125222022
Eagles for Children IncorporatedNovi, MI$20,387112021
Case Western Reserve UniversityCleveland, OH$20,000112021
Michigan State UniversityEast Lansing, MI$20,000222023
North Carolina At&t State UniversitGreensboro, NC$20,000112022
Radford University Foundation IncRadford, VA$20,000112021
University of FloridaGainesville, FL$20,000112022
Hampton UniversityHampton, VA$18,500112022
Regents of the University of CaliforniaOakland, CA$17,500222022
Bennington CollegeBennington, VT$15,000112022
Board of Regents Nevada System of Higher EducationReno, NV$15,000112021
Emerson CollegeBoston, MA$15,000112021
Florida State UniversityTallahassee, FL$15,000112021
Knetucky State UnivFrankfort, KY$15,000112021
Montgomery College Foundation IncRockville, MD$15,000112021
Oklahoma State UnivStillwater, OK$15,000112021
Rice UniversityHouston, TX$15,000112022
Rosemont College of the Holy Child JesusRosemont, PA$15,000112021
Savannah College of Art and Design IncSavannah, GA$15,000112022
Towson UniversityTowson, MD$15,000112022
University of GeorgiaAthens, GA$15,000112021
University of Tennessee SouthernPulaski, TN$15,000112022
Virginia Tech Foundation IncBlacksburg, VA$15,000112021
Wake Technical Community College Foundation IncRaleigh, NC$15,000112021
Xavier UniversityCincinnati, OH$15,000112021
Regents of the University of MichiganAnn Arbor, MI$11,325112021
Manatee State College - Venice FlVenice, FL$10,000112022
Regents Univ of CaliforniaLos Angeles, CA$10,000112022
Western Michigan UniversityKalamazoo, MI$10,000112021
Wingate UniversityWingate, NC$10,000112021
Georgia State UniversityAtlanta, GA$7,500112022
Louisiana State UnivBaton Rouge, LA$7,500112021
Southern Methodist UniversityDallas, TX$7,500112022
Texas State UniversitySan Marcos, TX$7,500112021
Trustees of the University of PennsylvaniaPhiladelphia, PA$7,500112021
Universad De Puerto Rico DecantoSan Juan, PR$7,500112022
University of GeorgiaAthens, GA$7,500112022
Virginia Commonwealth UniversityRichmond, VA$7,500112022
The College of New Jersey Foundation IncEwing, NJ$6,000112023

7 of 52 (13%) received money in more than one year over the 4 years we hold. Remember the $5,000 floor: an organization funded every year at $3,000 shows up here as never funded at all.

What kind of organizations it funds

By the activity category the IRS assigns each recipient, for the 25 of 52 recipients we could match to a registered organization. The categories are the IRS's, not ours -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.

Education
23 orgs
Human Services
1 org
Health Care
1 org

Giving by year

Tax yearGrants reportedTotalMedian grant
202128$444,837$15,000
202228$611,693$15,000
20234$32,952$8,476
20241$9,202$9,202

Tax years, not calendar years, and the most recent year is usually incomplete -- Form 990 arrives about a year after the year it covers, so a low final year means late paperwork rather than a grantmaker winding down.

Where its money goes

16% of its giving went to organizations in Georgia. Community foundations and federated funds are usually the most geographically bounded funders there are -- being outside the footprint is normally disqualifying in a way that a weak programme fit is not.

Georgia
$147K
North Carolina
$105K
Texas
$98K
Virginia
$86K
Florida
$80K
Michigan
$62K
Pennsylvania
$55K
District of Columbia
$52K

Down to the city

Atlanta, GA
$86K
Washington, DC
$52K
Greensboro, NC
$52K
Houston, TX
$45K
Minneapolis, MN
$40K
Philadelphia, PA
$40K

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Funders that support the same organizations

These grantmakers and private foundations gave to organizations this one also funded. Shared grantees are a sign of overlapping priorities and nothing more: they do not show that any of these funders would consider a new organization. Each page says what its filings show.

Fidelity Investments Charitable Gift Fund20 shared recipientsDonor Advised Charitable Giving Inc19 shared recipientsFolds of Honor Foundation19 shared recipientsTulsa Community Foundation18 shared recipientsNational Collegiate Athletic Association16 shared recipientsAmerican Online Giving Foundation Inc16 shared recipients

How to approach this grantmaker

  1. Look for a published programme first. Unlike most private foundations, organizations of this kind often do run open, deadlined grant cycles with written guidelines. Its own website is the authority on that; this page is the authority on who it has actually paid.
  2. Check you are its size. The median reported grant is $15,000 -- and because grants under $5,000 need not be reported, it very likely writes smaller cheques than this page can see.
  3. Check you are in its geography. Its giving concentrates in Georgia.
  4. Read the recipient list for organizations like yours. If nothing on it resembles your work, that is a real answer and a cheap one to get.

Related guides

Foundations funding education in North CarolinaEvery funder in this groupFoundations funding education in TexasEvery funder in this groupFoundations funding human services in TexasEvery funder in this group

Where these numbers come from

Everything above is taken from Youth Financial Literacy Foundation's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 5 returns (tax years 2021-2025). Grant figures are from its returns. Recipient classifications, the concentration and retention figures and the funders that support the same organizations are our own calculations from them, described in how we build this.

Address of record on the latest return: 37735 Enterprise Ct Ste 600B, Farmington Hills, MI, 48331.

EIN 80-0056165 · See the original filings on ProPublica · How we build this

This is history, not an open call. Form 990 is published about a year after the tax year it covers. Nothing on this page is a deadline. It is a record of who this organization has actually funded.

Is something here wrong about your organization? Email [email protected] and we will correct it.