Michigan Israel Business Accelerator Foundation
Michigan Israel Business Accelerator Foundation
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About this organization
Mission
The Michigan Israel Business Accelerator Foundation (MIBAF) is a nonprofit 501(c)(3) organization established to promote commerce and industry between Israel and Michigan. Since establishment, the MIBAF has worked to attract high-growth Israeli technology companies from Israel to pursue business expansion opportunities in Michigan and educate and attract Michigan high-growth technology companies to pursue business in Israel.
About
In 2018, the MIBAF secured and activated a board of top corporate organization leaders for the 501(c)(3), worked to expand programmatic activities, completed 4 trade delegations of Michigan companies to Israel, worked with 75 Israeli companies for matchmaking and business attraction, established working relationships with economic development entities across the state of Michigan, held 6 community engagement events designed to promote a better understanding of the business opportunities between Michigan and Israel, and launched startupmichigan.com, an online platform that allows people to find and connect with Michigan-based startups, companies, investors, and accelerators in order to grow their company.
Interesting data from their 2020 990 filing
The filing sets forth the mission of the non-profit as “The mibaf has adopted a mission to advance michigan's innovation ecosystem, one israeli connection at a time.”.
When detailing its responsibilities, they were listed as: “The michigan israel business accelerator foundation (mibaf) is a nonprofit 501(c)(3) organization established to promote commerce and industry between israel and michigan. since establishment, the mibaf has worked to attract high-growth israeli technology companies from israel to pursue business expansion opportunities in michigan and educate and attract michigan high-growth technology companies to pursue business in israel.”.
- The state in which the non-profit is legally permitted to operate is MI.
- The address of the non-profit for 2020 according to the filing is 1001 WOODWARD AVE NO 500, DETROIT, MI, 48226.
- The number of employees reported by the non-profit on their form as of 2020 is 0.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is $91,776.
- The organization has 5 independent voting members.
- The organization was formed in 2010.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $13,137 in fundraising expenses.
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