Haven Inc. made a single, large grant focused on supporting a New Markets Tax Credit initiative in Michigan. Their giving appears to prioritize catalytic economic development finance that leverages private and public capital to serve low‑income or underserved communities in the state. The foundation acts as a strategic funder of place‑based investment mechanisms rather than a broad array of operating nonprofits.
Highly concentrated: one large, single-purpose grant that functions as an investment in a tax‑credit financing program rather than routine operating support; likely one-time or infrequent strategic capital deployment.
$7.1M
$12M
$14.2M
$11.4M
Most grants fall between $7.1M and $7.1M, with a median of $7.1M.
25th Percentile
$7.1M
Median
$7.1M
75th Percentile
$7.1M
About 100% of grants go to recipients in MI.
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Notable grantees: Michigan New Market Tax Credit Program
2023
Source: IRS Form 990-PF, fiscal year 2023.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| MICHIGAN NEW MARKET TAX CREDIT PROGRAM | LANSING, MI | $7,070,825 | 2023 | TO SUPPORT THE TAX CREDIT PROGRAM |
MICHIGAN NEW MARKET TAX CREDIT PROGRAM
$7,070,825TO SUPPORT THE TAX CREDIT PROGRAM