GRAND VALLEY UNIVERSITY FOUNDATION
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$1,002,872
Contributions
73%
Other
21%
Investments
7%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2025
$989,084
Grants
79%
Other
13%
Fees to Service Providers
4%
Advertising & Promotion
2%
Salaries & Benefits
2%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$951,306
$729,894
-23%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$14,133
$66,826
+373%
Other
$123,143
$206,152
+67%
Total Revenues
$1,088,582
$1,002,872
-8%
Expenses
2024
2025
Change
Grants
$1,069,916
$781,251
-27%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,505
$17,215
+1044%
Fees to Service Providers
$23,502
$38,116
+62%
Advertising & Promotion
$4,412
$19,450
+341%
Offices, Occupancy & IT
$157
$7,902
+4933%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$68,031
$125,150
+84%
Total Expenses
$1,167,523
$989,084
-15%
Net income
2024
2025
Change
Net income
-$78,941
+$13,788
-117%
Functional Expenses
Summary
2024
2025
Change
Program
$1,072,261
$833,336
-22%
Admin
$75,761
$89,722
+18%
Fundraising
$19,501
$66,026
+239%
Total Expenses
$1,167,523
$989,084
-15%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)