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Filing year 2024

MONROE-BROWN FOUNDATION

Kalamazoo, Michigan·EIN 38-2513263·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$1.2M
Total assets
$24.5M
Total expenses
$2.5M
Reported officers
8

Reported officers (all unpaid)

No paid executives reported in 2024. MONROE-BROWN FOUNDATION reported 8 unpaid officers and board members on its 990-PF.

Secretary, Trustee
Vice President, Trustee
Treasurer, Trustee
President, Trustee
Trustee
Trustee
Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$2.1M

Itemized grants

12

Median grant

$61k

RecipientLocationPurposeAmount
UNIVERSITY OF MICHIGANANN ARBOR, MILOCKER ROOM PROJECT$500k
UNIVERSITY OF MICHIGANANN ARBOR, MISCHOLARSHIPS$421k
UNIVERSITY OF MICHIGANANN ARBOR, MIALZHEIMERS FUND$400k
UNIVERSITY OF MICHIGANANN ARBOR, MIMICHIGAN MEDALLION$300k
UNIVERSITY OF MICHIGANANN ARBOR, MIVC FUND$250k
WESTERN MICHIGAN UNIVERSITY FOUNDATIONKALAMAZOO, MIENTREPRENEURSHIP PROGRAM$73k
KALAMAZOO NONPROFIT ADVOCACY COALITIONKALAMAZOO, MIGENERAL$50k
WESTERN MICHIGAN UNIVERSITY FOUNDATIONKALAMAZOO, MISCHOLARSHIPS$38k
KALAMAZOO COUNTY READY 4SKALAMAZOO, MIGENERAL$25k
STARTUP ZOOKALAMAZOO, MIGENERAL$15k
KALAMAZOO COLLEGEKALAMAZOO, MIUSTA$5k
CITY OF KALAMAZOOKALAMAZOO, MICOMMUNITY PLANNING & ECONOMIC DEVELOPMENT$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

MONROE-BROWN FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.1M
$776k
2023
$1.2M
$2.5M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

MONROE-BROWN FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Michigan earns a median of $25,000.

25th percentile
$7k
Median
$25,000
75th percentile
$65k
90th percentile
$147k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 732 organizations across 732 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Michigan
FAQ

Common questions about MONROE-BROWN FOUNDATION

What are MONROE-BROWN FOUNDATION's revenue and expenses?

In 2024, MONROE-BROWN FOUNDATION reported $1.2M in total revenue and $2.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.