The Isabella Bank Foundation
Preselected recipients only
The Isabella Bank Foundation is a private foundation in Mt Pleasant, Michigan. In tax year 2024 it gave $132,250 in 4 grants; the typical grant was $10,500 and the largest $106,250. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$132,250
- Number of grants4
- Typical grant$10,500
- Largest grant$106,250
- Assets$1.2 million
- New grantees25%
Giving in 2024 was down from $194,786 the year before.
25% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $194,786 | 9 | $1.2 million |
| 2024 | $132,250 | 4 | $1.2 million |
How to apply
The Isabella Bank Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Isabella Bank Foundation funds
Where it gives
All of its grants went to recipients in Michigan.
| State | Grants | Amount |
|---|---|---|
| Michigan | 4 | $132,250 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Central Michigan University | Chippewa champion center | $106,250 |
| Mid Michigan College Foundation | Baseball and softball equipment | $11,000 |
| Mid Michigan Medical Heart and Vascular Center | Heart & vascular center campaign pledge | $10,000 |
| Montcalm Community College Foundation | Center of nursing and health center | $5,000 |
Officers and trustees
- Steven Pung
- Neil McDonnell
- Rechelle Richardson
- Jerome Schwind
- Dave Keilitz
- James Wojcik
Questions people ask
Does The Isabella Bank Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Isabella Bank Foundation give?
$132,250 in tax year 2024, across 4 grants, with a typical grant of $10,500.
Who runs The Isabella Bank Foundation?
Its 2024 filing lists Steven Pung (Director), Neil McDonnell (President), Rechelle Richardson (Secretary) and Jerome Schwind (Chairman/Treasurer) among 6 officers and trustees.
What does The Isabella Bank Foundation fund?
Based on its grants, mainly education and health.