About
Our mission is to build and manage our community's permanent endowment and lead the community to strengthen the lives of its people.
In care of Finance
Donations are tax-deductible
Financial Snapshot
FY ending 2023-06-30Financial history
17181920212223
RevenueExpenses
Latest FY2023: $8.7M · Peak FY2020: $27.3M · Avg: $19.5M
Foreign activity (Schedule F)
Total spent abroad$38.4M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
| Region | Activity | Spent |
|---|
| CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | — | — |
Political & Grant Activity
GRAND RAPIDS COMMUNITY FOUNDATION
Address
185 Oakes ST SW
Grand Rapids, MI, 49503-400
Governance
Voting board members13
Independent members13
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Financial detail (Schedule D)
Board-designated %96.2%
Permanent endowment %1.4%
Endowment held by related orgNo
Public records
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