Catholic Foundation of Michigan

Name

Catholic Foundation of Michigan

Legal name

Catholic Foundation of Michigan

Website

https://catholicfoundationmichigan.org

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Charitable Fund Management Services

NAICS

Grantmaking Foundations (813211)

SIC

Investment Advice (6282)

akta.pro primary industry

Private Foundations (BPAGAKAA)

akta.pro secondary industries

Community Foundations (BPAGAKAB), Education Grantmaking Foundations (BPAGAKAK)

Keywords

• Charitable fund management
• Donor advised funds
• Endowment administration
• Catholic philanthropy services
• Scholarship fund management

Headquarters

HQ city

Bloomfield Hills

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Administrative Fees: Annual administrative fee and investment management fee of less than 1% on all endowments and donor advised funds
2. Donations and Charitable Contributions: Accepts one-time, recurring, and planned gifts from donors supporting various Catholic causes

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Catholic Foundation of Michigan manages charitable giving vehicles for Catholic donors and organizations in Michigan, including Donor Advised Funds (minimum $5,000), Permanent Endowments (minimum $10,000), Granting Funds (minimum $25,000), Designated Funds (minimum $5,000), and Scholarship/Tuition Assistance Funds (minimum $25,000). The foundation invests assets according to United States Conference of Catholic Bishops (USCCB) socially responsible investing guidelines and distributes grants competitively to Catholic parishes, schools, and ministries across the Archdiocese of Detroit.

Product overview

The Catholic Foundation of Michigan offers a suite of philanthropic services organized around charitable fund management. The core portfolio consists of Donor Advised Funds (allowing flexible, ongoing charitable giving with tax benefits), Permanent Endowments (for perpetual support of specific causes), Granting Funds (targeted to specific fields of interest), Designated Funds (for specific beneficiary organizations), and Scholarship/Tuition Assistance Funds (supporting Catholic education). These products are delivered through an Online Donation Portal enabling credit card and ACH donations, an Online Grant System for the Foundation's competitive granting process, and services for Professional Advisors to help their clients navigate Catholic philanthropy. The Foundation partners with Merrill Lynch for investment management aligned with USCCB socially responsible investing guidelines.

Differentiator

Problem solved

Functional benefit

Products and services

• Donor Advised Funds A charitable giving vehicle allowing Catholic donors to contribute assets and later recommend grants to qualified charities of their choice. Donors receive an immediate tax benefit upon transferring assets and can manage their giving through an online donor portal. Minimum $5,000 to create.
• Permanent Endowments A giving option that provides essential support to specific charities today and extends that support in perpetuity beyond a donor's lifetime. The fund is prudently invested and managed to ensure perpetual distributions to designated beneficiaries. Minimum $10,000 to create.
• Granting Funds An endowment invested for the benefit of a particular purpose or field of interest, allowing for 5-10% annual distributions through the Foundation's annual competitive granting process. Minimum $25,000 to create.
• Designated Funds An advised fund where the donor specifies the beneficiary organization at the time of the gift, ideal for supporting a specific project, charity, or setting up a memorial for a loved one. Minimum $5,000 to create.
• Tuition Assistance and Scholarship Funds Permanent funds that hold principal in perpetuity and make annual distributions directly to named schools for tuition assistance, supporting students' access to Catholic education. Minimum $25,000 to create a scholarship fund; $10,000 for a tuition assistance endowment.
• Family and Private Foundations Administration Administrative services for family or private foundations, including recommending charities for grants and providing financial reporting when foundation management becomes burdensome for the founding family.

Quantifiable outcome

• $43.3M granted to Catholic organizations since inception
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Professional Advisor Group (PAG) MemberscoreChannel Partner/ Reseller/ DistributorNetwork of over 20 professional advisors including Eric Backman (Northwestern Mutual), Scott G. Bennett (Raymond James), Marc Bergeron (Verde Capital), Kevin Cunningham (Honigman LLP), David Gardiner (Merrill Lynch), Phil Serra (Merrill Lynch), and others who refer clients to the foundation.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• National Catholic Community Foundation: National Catholic-focused pooled giving and DAF sponsor serving donors across multiple dioceses. Provides a different scale and reach but addresses the same Catholic philanthropy mission.

Broad incumbents

• Fidelity Charitable: Largest national sponsor of donor advised funds with $50B+ in assets. Competes for the same donor dollars, particularly through advisors, but lacks the Catholic-values-aligned investment mandate.
• Schwab Charitable: Major national DAF sponsor affiliated with Charles Schwab. Competes for endowment-style giving from professional advisor-referred clients but offers no faith-aligned investment overlay.

Direct peers

• Renaissance Charitable Foundation: Independent national DAF sponsor focused on customized giving, including faith-aligned and values-based investing options. Competes for the same advisor-referred, values-driven donor segment.
• American Endowment Foundation: National independent DAF sponsor offering customized giving funds including religious and values-aligned options. Comparable product set though serves donors nationwide rather than regionally.
• The Catholic Foundation of Greater Philadelphia: Diocesan Catholic foundation providing DAFs, endowments, and planned giving services to Philadelphia-area Catholic donors. Operates a similar lay-led, professionally staffed model with competitive grant cycles.
• Catholic Community Foundation of Northeast Indiana: Regional Catholic foundation providing endowment and scholarship services for parishes and schools in the Fort Wayne-South Bend area. Comparable scale and grantmaking focus.
• Catholic Foundation of the Archdiocese of Galveston-Houston: Diocesan Catholic foundation offering endowment management, DAFs, and scholarship funds for a single US archdiocese. Closely mirrors Catholic Foundation of Michigan's product mix and archdiocesan scope.
• Catholic Community Foundation of Minnesota: Minnesota-based Catholic-focused community foundation offering donor advised funds, endowments, and scholarships for the local Catholic community. Most directly comparable peer in mission, product set, and regional focus.

Regional players

• Community Foundation for Southeast Michigan: Large regional community foundation serving the same Southeast Michigan geography with DAFs, endowments, and competitive grants. Overlaps in donor base and endowment services but is secular.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/catholicfoundationofmichigan

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Catholic Foundation of Michigan