Nonprofit · EIN 38-3279018
BOOK INDUSTRY CHARITABLE FOUNDATION
Also known as BORDERS GROUP FOUNDATION
Tax-exempt · ANN ARBOR, MI 48108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,378,582 | $1,603,118 | -$224,536 | $3,131,664 | $211,551 | $2,920,113 |
| December 31, 2024 | 990 | $1,715,694 | $1,690,112 | $25,582 | $2,999,745 | $46,537 | $2,953,208 |
| December 31, 2023 | 990 | $923,509 | $1,353,420 | -$429,911 | $2,795,603 | $69,228 | $2,726,375 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,281,328
- Program service revenue
- $0
- Investment income
- $66,697
- Other revenue
- $30,557
Expenses
- Grants and similar amounts paid
- $702,777
- Compensation of officers, directors and key employees
- $128,740
- Other salaries and wages
- $417,842
- Salaries, compensation and benefits (total)
- $640,930
- Professional fundraising fees
- $0
- Legal fees
- $6,365
- Accounting fees
- $36,639
- Occupancy
- $23,021
- Travel
- $49,457
- Program services (functional)
- $1,120,683
- Management and general (functional)
- $284,631
- Fundraising (functional)
- $197,804
Balance sheet and other
- Total assets, start of year
- $2,999,745
- Total assets, end of year
- $3,131,664
- Total liabilities, end of year
- $211,551
- Net assets, end of year
- $2,920,113
- Publicly traded securities
- $2,601,088
- Net assets without donor restrictions
- $2,674,853
- Net assets with donor restrictions
- $245,260
- Gross receipts
- $1,378,582
- Employees
- 9
- Volunteers
- 65
- Year formed
- 1996
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAMELA FRENCH | EXECUTIVE DI Officer | 40 | $123,832 | $18,939 |
| CHRIS MORROW | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JONATHAN PUTNAM | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ERIN COFFEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| EILEEN DENGLER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CHRISCYNETHIA FLOYD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MICHAEL JACOBS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| EMMA KAAS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KUO-YU LIANG | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| STEVEN MALK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ANDY PERHAM | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KIMBERLY BROCK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JAMES KILLEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PK SINDWANI | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAMELA FRENCH | EXECUTIVE DI Officer | 40 | $123,171 | $7,212 |
| CHRIS MORROW | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ANNIE PHILBRICK | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| JONATHAN PUTNAM | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CALVIN CROSBY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ERIN COFFEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| EILEEN DENGLER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CHRISCYNETHIA FLOYD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ROCKELLE HENDERSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MICHAEL JACOBS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| EMMA KAAS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KUO-YU LIANG | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| STEVEN MALK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ANDY PERHAM | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAMELA FRENCH | EXECUTIVE DI Officer | 40 | $120,638 | $6,791 |
| ERIN COFFEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JULIA COWLISHAW | SECRETARY Trustee or director | 0.5 | $0 | $0 |
| CALVIN CROSBY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| EILEEN DENGLER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ROCKELLE HENDERSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KUO-YU LIANG | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| STEVEN MALK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CHRIS MORROW | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| ANDY PERHAM | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ANNIE PHILBRICK | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JONATHAN PUTNAM | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CHUCK ROBINSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3135 S STATE ST STE 203, ANN ARBOR, MI 48108-1653
- In care of
- % MARK DENSMORE
- Principal officer (990 for 2025)
- JONATHAN PUTNAM, 3135 S STATE STREET SUITE 203, ANN ARBOR, MI 48108
- Signed the 990
- JONATHAN PUTNAM, TREASURER
- Phone
- (734) 477-4789
- Website
- WWW.BINCFOUNDATION.ORG
- Return prepared by
- ALTRUIC ADVISORS CPAS
Mission
TO STRENGTHEN THE BOOKSELLING COMMUNITY THROUGH CHARITABLE PROGRAMS THAT SUPPORT EMPLOYEES AND THEIR FAMILIES.
Program accomplishments
- FINANCIAL ASSISTANCE AND DISASTER RELIEF PROGRAMS - SEE SCHEDULE 0Expenses $733,477 · grants $536,386
- PROFESSIONAL DEVELOPMENT SCHOLARSHIPS - THE FOUNDATION BELIEVES THAT THE FUTURE OF HEALTHY BOOKSTORES AND COMIC STORES LIES IN THE CONTINUING EDUCATION OF THE OWNERS AND EMPLOYEES. TO ENCOURAGE FURTHER BUSINESS DEVELOPMENT AND CAREER GROWTH, THE FOUNDATION OFFERS SCHOLARSHIPS FOR SEVERAL PROFESSIONAL INDUSTRY EVENTS AND CERTIFICATE PROGRAMS. THE SCHOLARSHIPS ARE MERIT AND NEED-BASED.Expenses $127,265 · grants $58,246
- BINC TANK PILOT - THIS IS A THREE-YEAR PILOT PROGRAM DESIGNED AS A BUSINESS INCUBATOR FOCUSING ON HELPING ENTREPRENEURS OPEN BOOKSTORES IN UNDERSERVED MARKETS. THE THREE-YEAR PILOT PROGRAM EXPIRED DURING THE YEAR ENDED DECEMBER 31, 2025. THE FOUNDATION BOARD IS CONSIDERING WHETHER AND HOW TO PROCEED WITH THE BUSINESS INCUBATOR PROJECT GOING FORWARD.Expenses $237,291 · grants $85,495
- MENTAL HEALTH WELLNESS - DESIGNED TO PROVIDE ACCESS TO PROFESSIONAL MENTAL HEALTH SERVICES FOR ELIGIBLE BOOKSELLERS AND COMIC RETAILERS, THE PROGRAM CONNECTS INDIVIDUALS IN THE BOOKSELLING COMMUNITY WITH LICENSED THERAPISTS THROUGH A TELEHEALTH PARTNERSHIP. INDIVIDUALS, COUPLES, AND TEEN THERAPY SERVICES ARE PROVIDED. THE FOUNDATION ALSO PROVIDES EMERGENCY ON-SITE THERAPY FOR GROUPS INVOLVED IN TRAUMATIC EVENTS SUCH AS SHOOTINGS, BURGLARIES, AND STAFF SUICIDES.Expenses $22,650 · grants $22,650
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 38-3279018
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21)
- Assets (IRS master file)
- $3,131,664
- Income (IRS master file)
- $1,378,582
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,378,582 | $1,603,118 | $3,131,664 | XML |
| 990 | December 2024 | $1,715,694 | $1,690,112 | $2,999,745 | XML |
| 990 | December 2023 | $923,509 | $1,353,420 | $2,795,603 | XML |
| 990 | December 2022 | $956,355 | $1,132,141 | $2,966,872 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-3279018).
Questions about BOOK INDUSTRY CHARITABLE FOUNDATION
- What is the EIN of BOOK INDUSTRY CHARITABLE FOUNDATION?
- The employer identification number (EIN) of BOOK INDUSTRY CHARITABLE FOUNDATION is 38-3279018.
- Is BOOK INDUSTRY CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to BOOK INDUSTRY CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BOOK INDUSTRY CHARITABLE FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BOOK INDUSTRY CHARITABLE FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BOOK INDUSTRY CHARITABLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of BOOK INDUSTRY CHARITABLE FOUNDATION?
- The 990 for the year ended December 31, 2025 names JONATHAN PUTNAM.
- Who are the officers and directors of BOOK INDUSTRY CHARITABLE FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 14 people; 1 received compensation from the organization, the highest $123,832 (PAMELA FRENCH, EXECUTIVE DI).
- How much revenue does BOOK INDUSTRY CHARITABLE FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,378,582, expenses of $1,603,118 and total assets of $3,131,664 at year end.
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All nonprofits in ANN ARBOR · Michigan · Philanthropy, voluntarism and grantmaking foundations