Founded in 2023, Michigan Wealth & Asset Management (MWAM) is a registered 501(c)(3) nonprofit and the first club on Michigan's campus dedicated to Wealth & Asset Management. MWAM focuses on immersing its 40 members in the financial world through education, professional development, and portfolio management.

Where your donations go:

Through fundraising, MWAM strives to raise capital and ultimately invest in a portfolio of assets. The portfolio will serve as an educational tool for the club, providing members an opportunity to apply their learnings from weekly meetings, education sessions, and speaker series events.

The money will be transferred to the organization's business checking account, which is held through University of Michigan Credit Union, serving as the official depository of our nonprofit corporation. Your donations will then be transferred to our business brokerage account, where the funds can be invested in our educational student-run portfolio. We are currently in the process of applying for a business brokerage account through Fidelity.

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Corporation/Club Details

Organization Name: Michigan Wealth & Asset Management (MWAM)

Organization Status: 501(c)(3) nonprofit corportation

State of Incorporation: Michigan

Address/Office of Business: 701 Tappan Ave., Room 5410, Ann Arbor, MI 48109

Resident Advisor to Corporation/Faculty Advisor to Club: Edward Kim, Ph.D (UCLA), Finance Professor at The Stephen M. Ross School of Business

Board of Directors of Corporation (Corporation/Club Position):

Isabelle Fretz (President, Co-President)

Krish Desai (Secretary, Co-President)

Mason Brown (Treasurer, VP of Portfolios)

EIN: 99-4204873

Tax Exempt Status: Federally Exempt

EIN Assignment Letter From IRS (7/30/24)

501(c)(3) Endorsement From State of Michigan (7/29/24)

Proof of 1023EZ Form & Payment Submission to IRS (8/2/24):