Community Foundation Of Marquette

Marquette, Michigan - EIN 38-2826563 - Latest filing: fiscal 2025 (Jan 1, 2025 - Dec 31, 2025)

HOW TO READ THIS PAGE

How to read this page: every figure below is from the fiscal-2025 Form 990, filed Aug 5, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed Aug 5, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.

THE FILING IN ONE PARAGRAPH

Community Foundation Of Marquette reported $39,513,367 in revenue and $2,932,980 in expenses in fiscal 2025, a surplus of $36,580,387 for the year. Program services took $2,582,137 of expenses, or 88.0%. The organization closed the year with $64,796,700 in net assets - about 265.1 months of expenses at the fiscal-2025 spending level.

At a Glance - Fiscal 2025

All values are fiscal 2025 unless a tile says otherwise.

TOTAL REVENUE - FISCAL 2025
$39,513,367

Up 910.4% from $3,910,816 in fiscal 2024.

TOTAL EXPENSES - FISCAL 2025
$2,932,980

Revenue minus expenses: $36,580,387 in fiscal 2025.

PROGRAM EXPENSE SHARE - FISCAL 2025
88.0%

$2,582,137 of $2,932,980 went to program services.

NET ASSETS - END OF FISCAL 2025
$64,796,700

Total assets $64,905,706 minus total liabilities $109,006.

TOP EXECUTIVE PAY - FISCAL 2025
$118,924

Zosia Eppensteiner, CEO, as reported on the fiscal-2025 Form 990, filed Aug 5, 2026. Total across all compensation columns.

PEOPLE REPORTED - FISCAL 2025
6 Employees

Plus 15 volunteers reported on the fiscal-2025 Form 990.

Money In, Money Out - Fiscal 2025

Revenue and expenses as reported on the fiscal-2025 Form 990, filed Aug 5, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.

Where the Money Went - Fiscal 2025

Program Services$2,582,137 (88.0%)
Fundraising$106,053 (3.6%)
Management and General$244,790 (8.3%)

Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.00 - $106,053 in fundraising expenses divided by $37,621,685 in total contributions.

Where the Money Came From - Fiscal 2025

SourceFiscal 2025
Total Contributions$37,621,685
All Other Contributions$37,621,685
Program Service Revenue$35,700
Investment Income$1,796,060
Other Revenue$59,922
Total Revenue (All Sources)$39,513,367
Government Grants - Not Broken Out
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.

Reserves and Balance Sheet - Fiscal 2025

Reserves and Runway

265.1 Months

of reserves - $64,796,700 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $244,415 in fiscal 2025.

Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.

Balance Sheet - End of Fiscal 2025

Total Assets$64,905,706
Total Liabilities$109,006
Liabilities as Share of Assets0.2%
Net Assets$64,796,700

Leadership Pay - Fiscal 2025

Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed Aug 5, 2026.

Name and Title, as ReportedTotal Pay - Fiscal 2025Share of Expenses
Zosia Eppensteiner - CEO$118,9244.05%

The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.

Board and Governance - Fiscal 2025

Board and policy answers as reported on the fiscal-2025 Form 990, filed Aug 5, 2026.

Board Roster - as Reported on the Fiscal-2025 Form 990

13 voting members, 13 independent - independence count as reported on the fiscal-2025 Form 990.

Name, as ReportedRole, as Reported
Zosia EppensteinerCEO
Thomas BlakeChair
Judy VonckVice Chair
Andrew HerroTreasurer
Maura DavenportSecretary
Kyle AhoTrustee
Mark CanaleTrustee
Shannon EdmarkTrustee
Marcia GonsteadTrustee
Lisa JahnkeTrustee
Alexander KofskyTrustee
Emily LeachTrustee
Jack LentenTrustee
Victoria LeonhardtTrustee

Governance Policy Flags - Fiscal 2025

Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence13 voting / 13 independent

Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.

Grants - Fiscal 2025

Grants Made - Fiscal 2025

This organization reported $2,402,098 in grants paid in fiscal 2025.

Recipient, as ReportedAmount
906 Adventure Team
GENERAL OPERATIONS
$20,000
American Cancer Society
GENERAL OPERATIONS
$5,863
American Diabetes Association
GENERAL OPERATIONS
$5,863
American Heart Association
GENERAL OPERATIONS
$5,863
American Lung Association
GENERAL OPERATIONS
$5,863
Bark River Harris Schools
GENERAL OPERATIONS
$9,388
Bay Cliff Health Camp
GENERAL OPERATIONS
$30,500
Bay De Noc Community Colleg
SCHOLARSHIPS
$21,500
Beacon House
GENERAL OPERATIONS
$7,810
Bethany Lutheran Church
GENERAL OPERATIONS
$11,025
Big Bay Stewardship Council
GENERAL OPERATIONS
$20,000
Big Brothers Big Sisters
GENERAL OPERATIONS
$20,926
Cancer Care Of Marquette County
GENERAL OPERATIONS
$21,304
City Of Marquette Mi
GENERAL OPERATIONS
$335,441
Community Foundation Of Marquette C
GENERAL OPERATIONS
$45,000
Council On Aging Martin County
GENERAL OPERATIONS
$8,500
County Of Marquette
GENERAL OPERATIONS
$6,000
Feeding America West Michigan
GENERAL OPERATIONS
$16,000
Fork Farm
GENERAL OPERATIONS
$6,000
Grand Valley State University
SCHOLARSHIPS
$11,000
Great Lakes Recovery Center$25,250
Grow And Lead Community And Youth
GENERAL OPERATIONS
$173,526
Hiawatha Amateur Radio Association$5,500
Historic Vista Theaterpeninsula
GENERAL OPERATIONS
$15,000
Human Society Of Alger County$10,000
Ishpeming Public School District 1
GENERAL OPERATIONS
$12,379
Jacobetti Home For Veterans
GENERAL OPERATIONS
$6,000
Janzen House$50,000
Lake Superior State University
SCHOLARSHIPS
$10,000
Lake Superior Theater Inc
GENERAL OPERATIONS
$7,500
Marquette Beautification & Restorat
GENERAL OPERATIONS
$6,000
Marquette City Bank
GENERAL OPERATIONS
$6,000
Marquette County
GENERAL OPERATIONS
$8,339
Marquette Co Habitat For Humanity
GENERAL OPERATIONS
$6,150
Marquette County Land Bank Authorit
GENERAL OPERATIONS
$15,000
Marquette Junior Hockey League
GENERAL OPERATIONS
$16,407
Marquette Range Iron Mining
GENERAL OPERATIONS
$5,500
Marquette Regional History Center
GENERAL OPERATIONS
$13,256
Martin Arts
GENERAL OPERATIONS
$15,000
Michigan Education Association
GENERAL OPERATIONS
$5,633
Michigan Technological University
SCHOLARSHIPS
$10,000
Moosewood Nature Center Inc
GENERAL OPERATIONS
$20,000
Munising Public Schools
GENERAL OPERATIONS
$10,000
National Alzheimer'S Association
GENERAL OPERATIONS
$5,863
National Education Association
GENERAL OPERATIONS
$5,633
Negaunee High School$6,000
Negaunee High School (Band)
GENERAL OPERATIONS
$31,950
Northern Michigan University
SCHOLARSHIPS
$73,400
Northwoods Airlifeline
GENERAL OPERATIONS
$20,000
NPR Public Radio
GENERAL OPERATIONS
$5,863
Opus Bono Sacerdoti$5,146
Partridge Creek Compost
GENERAL OPERATIONS
$5,960
Patridge Creek Farm Inc
GENERAL OPERATIONS
$13,024
Peter White Public Library
GENERAL OPERATIONS
$28,931
Powell Township Ambulance
GENERAL OPERATIONS
$12,000
Powell Township Fire Department
GENERAL OPERATIONS
$12,000
Powell Township Schools
GENERAL OPERATIONS
$32,000
Room At The Inn$184,004
Salvation Army
GENERAL OPERATIONS
$18,872
Salvation Army - Ishpeming
GENERAL OPERATIONS
$8,472
Six Feet Over
GENERAL OPERATIONS
$14,562
St Vincent De Paul Gwinn
GENERAL OPERATIONS
$17,890
St Christopher Catholic Church
GENERAL OPERATIONS
$9,789
Superior Central School
GENERAL OPERATIONS
$5,500
Superior Connections Recovery Commu$75,000
Superior Hills Assoc Of Parents
GENERAL OPERATIONS
$10,000
Superior Watershed Partnership
ENVIROMENTAL MONITOR
$360,925
Teaching Family Homes
GENERAL OPERATIONS
$9,120
The Northern Michigan University Fo
GENERAL OPERATIONS
$26,000
Treasure Coast Community Singers
GENERAL OPERATIONS
$10,000
Treasure Coast Hospice Foundation
GENERAL OPERATIONS
$10,000
Trilium House
GENERAL OPERATIONS
$27,750
University Of Michigan
SCHOLARSHIPS
$19,750
Upaws
GENERAL OPERATIONS
$28,709
Upper Peninsula Childrens Museum
GENERAL OPERATIONS
$5,300
Upper Penisula Land Conservancy$45,901
Wnmu-Fm Public Radio 90
GENERAL OPERATIONS
$16,363
Wnmu-Tv Northern Michigan Universit
GENERAL OPERATIONS
$10,000
Women'S Center$9,304
Yellow Dog Watershed Preserve Inc
GENERAL OPERATIONS
$6,500

Trend - Revenue

Years are shown only where a filing is held. Missing years are absent, never filled in.

FY24 FY25
Revenue, fiscal 2024 to fiscal 2025 - the two years held on this record.
Fiscal YearRevenueChange
Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing)$3,910,816-
Fiscal 2025$39,513,367+910.4%

This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.

Filings on Record

Tax PeriodFormStatusSource
Jan 1, 2025 - Dec 31, 2025Form 990In Force - Filed Aug 5, 2026Original Filing at the IRS

If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.

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