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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
How to Apply
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Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2025

$27,259,830

Contributions
48%
Investments
26%
Other
24%
Government Grants
1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2025

$31,738,698

Grants
76%
Salaries & Benefits
13%
Fees to Service Providers
7%
Other
2%
Offices, Occupancy & IT
2%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$16,103,764
$13,078,745
-19%
Government Grants
$0
$317,512
-
Fundraising Events
$20,369
$0
-100%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$6,221,416
$7,222,838
+16%
Other
$5,540,853
$6,640,735
+20%
Total Revenues
$27,886,402
$27,259,830
-2%
Expenses
2024
2025
Change
Grants
$16,078,689
$24,180,887
+50%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,057,819
$4,005,156
-1%
Fees to Service Providers
$2,254,034
$2,357,066
+5%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$482,744
$509,090
+5%
Interest
$0
$0
-
Depreciation
$154,185
$149,524
-3%
Other
$727,313
$536,975
-26%
Total Expenses
$23,754,784
$31,738,698
+34%
Net income
2024
2025
Change
Net income
+$4,131,618
-$4,478,868
-208%
Functional Expenses
Summary
2024
2025
Change
Program
$17,808,638
$25,827,983
+45%
Admin
$4,465,240
$4,395,851
-2%
Fundraising
$1,480,906
$1,514,864
+2%
Total Expenses
$23,754,784
$31,738,698
+34%
Income Statement
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