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Gordy Foundation, Inc.

Profile

Last Updated: 2015-09-24

At A Glance

Gordy Foundation, Inc.

2656 W. Grand Blvd.

Detroit, MI United States 48208

Telephone: (313) 875-0656

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business; Entertainment

Financial Data

(yr. ended 2013-06-30)

Assets: $2,937,684

Total giving: $21,800

EIN

386149511

BRIDGE Number

0956845542

Background

Established in 1967 in MI - Founded by Berry Gordy, who created Motown Record Inc. in 1960. It was the first record label owned by an African-American to primarily feature African-American artists, such as Smokey Robinson, Stevie Wonder, Marvin Gaye, The Supremes, The Temptations and The Jackson 5, all of whom achieved crossover success. In 1972, Gordy produced the successful and Academy Award nominated film "Lady Sings the Blues," starring Diana Ross, a semi-factual film about the jazz singer Billie Holiday. In 1988, Gordy was inducted into the Rock and Roll Hall of Fame and in 1994 he published his autobiography "To Be Loved."

Fields of Interest

Subjects
  • Education
  • Human services
  • Religion

Financial Data

Year ended 2013-06-30

Assets: $2,937,684 (market value)

Expenditures: $134,127

Total giving: $21,800

Qualifying distributions: $119,768

Giving activities include:

$21,800 for 6 grants (high: $15,000; low: $300)