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Filing year 2024

The Broad Family Foundation

Traverse City, Michigan·EIN 30-0841409·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$384k
Total assets
$10.3M
Total expenses
$602k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. The Broad Family Foundation reported 4 unpaid officers and board members on its 990-PF.

President
Secretary
Director
Director

Grants paid

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

Total granted

$550k

Itemized grants

32

Median grant

$10k

RecipientLocationPurposeAmount
MICHAELS PLACETRAVERSE CITY, MIGENERAL OPERATING$50k
CHILD & FAMILY SERVICES OF NORTHWEST MICHIGANTRAVERSE CITY, MIGENERAL OPERATING$50k
GRAND TRAVERSE AREA CATHOLIC SCHOOLSTRAVERSE CITY, MIGENERAL OPERATING$50k
PROJECT FEED THE KIDSTRAVERSE CITY, MIGENERAL OPERATING$50k
NORTHWESTERN MICHIGAN COLLEGE FOUNDATIONTraverse City, MIGeneral Operating$50k
SINGLE MOMMTRAVERSE CITY, MIGENERAL OPERATING$30k
TRAVERSE BAY CHILDRENS ADVOCACY CENTERTRAVERSE CITY, MIGENERAL OPERATING$25k
WOMEN'S RESOURCE CENTERTRAVERSE CITY, MIGENERAL OPERATING$25k
LOVE THY NEIGHBORTRAVERSE CITY, MIGENERAL OPERATING$25k
MT HOLIDAYTraverse City, MIGENERAL OPERATING$25k
Generations AheadTRAVERSE CITY, MIGENERAL OPERATING$15k
BIG BROTHERS BIG SISTERSTRAVERSE CITY, MIGENERAL OPERATING$15k
POWER BOOK BAGSSUTTONS BAY, MIGENERAL OPERATING$15k
THE SALVATION ARMY - TRAVERSE CITYTRAVERSE CITY, MIGENERAL OPERATING$10k
KEYS TO FREEDOM MINISTRIESTRAVERSE CITY, MIGENERAL OPERATING$10k
KALKASKA AREA INTERFAITH RESOURCESKALKASKA, MIGENERAL OPERATING$10k
Father Fred FoundationTRAVERSE CITY, MIGENERAL OPERATING$10k
Paraklesis Inc dba Peace RanchTRAVERSE CITY, MIGENERAL OPERATING$10k
Reining Liberty RanchTRAVERSE CITY, MIGENERAL OPERATING$10k
LAKE ANN BAPTIST CAMP INCLAKE ANN, MIGENERAL OPERATING$5k
INLAND SEAS EDUCATION ASSOCIATIONSUTTONS BAY, MIGENERAL OPERATING$5k
MORE THAN FOUR FOUNDATIONTRAVERSE CITY, MIGENERAL OPERATING$5k
Traverse City Optimist ClubTRAVERSE CITY, MIGENERAL OPERATING$5k
St Vincent de Paul Grand Traverse AreaTRAVERSE CITY, MIGENERAL OPERATING$5k
Norte Youth CyclingTRAVERSE CITY, MIGENERAL OPERATING$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

The Broad Family Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.9M
$150k
2023
$384k
$602k
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

The Broad Family 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 The Broad Family Foundation

What are The Broad Family Foundation's revenue and expenses?

In 2024, The Broad Family Foundation reported $384k in total revenue and $602k 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.