Who funds Detroit Development Fund?
3 private foundations reported grants to Detroit Development Fund in Detroit, Michigan totaling $1.7 million across 3 grants in tax years 2024 to 2025. The largest funder was The Gilbert Family Foundation, with $1.0 million.
From the funders' IRS Form 990-PF filings.
- Foundation funders3
- Grants reported3
- Total received$1.7 million
Foundations that fund Detroit Development Fund
| Foundation | Purpose given | Grants | Amount |
|---|---|---|---|
| The Gilbert Family Foundation | Discretionary grants | 1 | $1.0 million |
| The Prudential Foundation | To support detroit development fund's entrepreneurs of color fund project to provide technical assistance and access to capital to entrepreneurs in detroit. | 1 | $400,000 |
| Jpmorgan Chase Foundation | In support of underserved small business expansion | 1 | $250,000 |
Using this list
A foundation that already gives to Detroit Development Fund gives in its field and region, so the list doubles as a prospect list for similar organizations in Detroit. Open a foundation to see its application rules, typical grant and every other grant it paid.
Questions people ask
Who funds Detroit Development Fund?
The Gilbert Family Foundation, The Prudential Foundation and Jpmorgan Chase Foundation, according to their IRS Form 990-PF filings.
How much does Detroit Development Fund get from foundations?
$1.7 million in 3 reported grants from 3 private foundations in tax years 2024 to 2025. Government grants and gifts from individuals are not included.