GrantAuthority

Detroit Development Fund

Grantmaking foundation in Detroit, Michigan · EIN 38-3322605

Total giving
$310KTax year 2024
Grants made
1Tax year 2024
Total assets
$20MLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

Detroit Development Fund (DDF) promotes the economic development of low to moderate income residents in the city of Detroit. DDF focuses on lending programs to provide financial assistance for minority small business owners, affordable housing developers and contractors, as well as job creation and retention for low to moderate-income Detroit residents.

Quoted from the foundation's IRS filing.

Giving by year

$430K2020
$200K2021
$240K2022
$390K2023
$310K2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Detroit Communtiy Loan Fund$250K2024

Amounts are rounded. The full grantee list (1 grants in 2024) is available with a free account.

Website: detroitdevelopmentfund.com

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Similar foundations in Michigan

Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.