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GRAND RAPIDS COMMUNITY FOUNDATION

GRAND RAPIDS COMMUNITY FOUNDATION

GRAND RAPIDS, MI, US
•
501(c)(3)
•
EIN
38-2877959
•
WWW.GRFOUNDATION.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Women Led
BIPOC Led
funder logo

GRAND RAPIDS COMMUNITY FOUNDATION

GRAND RAPIDS, MI, US
•
501(c)(3)
•
EIN
38-2877959
•
WWW.GRFOUNDATION.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Women Led
BIPOC Led
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)

$483,567,970

Investments
95%
Cash & Equivalents
2%
Other Assets
1%
Receivables (Non-Related)
<1%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)

$6,297,129

Grants Payable
81%
Other Liabilities
16%
Payables & Accruals
3%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$7,736,188
$11,018,664
+42%
Receivables (Non-Related)
$5,789,111
$4,351,615
-25%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$5,187
$5,547
+7%
Investments
$422,822,656
$458,429,731
+8%
Property, Plant, & Equipment (net)
$2,913,641
$2,815,442
-3%
Other Assets
$6,740,356
$6,946,971
+3%
Total Assets
$446,007,139
$483,567,970
+8%
Liabilities
2024
2025
Change
Payables & Accruals
$119,769
$189,431
+58%
Grants Payable
$4,567,306
$5,072,952
+11%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,422,835
$1,034,746
-27%
Total Liabilities
$6,109,910
$6,297,129
+3%
Net assets
2024
2025
Change
Restricted Net Assets
$23,911,380
$24,889,630
+4%
Unrestricted Net Assets
$415,985,849
$452,381,211
+9%
Net assets
2024
2025
Change
Net assets
+$439,897,229
+$477,270,841
+8%
Balance Sheet
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