Overview
What is Grand Rapids Christian School Foundation?
The Grand Rapids Christian School Foundation is a charitable organization, established in Grand Rapids, Michigan. Its primary purpose is to subsidize the educational expenses and related activities for students at the Grand Rapids Christian Schools. This is achieved by distributing grants from the foundation's earnings. The foundation plays a crucial role in underwriting the Grand Rapids Christian Schools, contributing to various initiatives such as faculty professional development, managing operational costs, and assisting families who may struggle to cover the full tuition fee.
Official website here: www.grcs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
The Grand Rapids Christian School Foundation has received a Three-Star rating from Charity Navigator, reflecting a solid overall performance with a score of 88%. Its strong accountability and finance measures are evident, particularly with a program expense ratio of 84.12%, indicating that a significant portion of its funds is directed towards its educational programs rather than administrative costs. Additionally, the foundation benefits from a fully independent board, which enhances its governance.
However, there are notable areas for improvement. The organization is missing key policies such as a conflict of interest policy and a whistleblower policy, which are critical for ensuring transparency and ethical practices. Furthermore, the absence of the tax form on its website may hinder potential donors from accessing important financial information about the foundation.
In summary, while the Grand Rapids Christian School Foundation demonstrates commendable financial management and governance, it faces some challenges regarding policy implementation and transparency that could enhance its credibility and trustworthiness among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Grand Rapids Christian School Foundation legitimate?
Grand Rapids Christian School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Rapids Christian School Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.grcs.org
What is the mission statement of Grand Rapids Christian School Foundation?
The Grand Rapids Christian School Foundation's mission is centered around supporting the Grand Rapids Christian Schools. This support takes various forms, including financing faculty professional development, managing operational costs of the facilities, and providing aid to families who may struggle with the full cost of tuition. The primary objective of the foundation is to reduce the financial burden of education for students attending these schools. This is achieved by distributing grants from the foundation's earnings to the school.
Official website here: www.grcs.org
Who is the CEO of Grand Rapids Christian School Foundation?
Jim Primus is the President of Grand Rapids Christian School Foundation.
Official website here: www.grcs.org
What is the revenue of Grand Rapids Christian School Foundation?
Grand Rapids Christian School Foundation's revenue in 2023 was $4,498,076.
Official website here: www.grcs.org
Who are the executives of Grand Rapids Christian School Foundation and what are their salaries?
There 13 volunteers at Grand Rapids Christian School Foundation.
Here are 9 key members and their salaries:
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- Other: $0
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- Related: $217,949
- Other: $8,732
- Compensation: $0
- Related: $158,949
- Other: $21,866
Official website here: www.grcs.org
Where can I find the form 990 for Grand Rapids Christian School Foundation?
Grand Rapids Christian School Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.grcs.org
Learn more at the official website: www.grcs.org
Mission Statement of Grand Rapids Christian School Foundation
The Grand Rapids Christian School Foundation's mission is centered around reducing the financial burden of education for students attending Grand Rapids Christian Schools. This is achieved by granting funds derived from the foundation's earnings to the school itself. By undertaking this mission, the foundation aims to support various aspects of the school's activities, including faculty professional development, operational costs, and providing assistance to families who may find the full cost of tuition challenging to afford. In essence, the Grand Rapids Christian School Foundation serves as a vital resource, enabling the school to offer an enriching educational experience to its students while alleviating some of the financial strain for families in need.
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Impact
October, 2024
The Grand Rapids Christian School Foundation significantly impacts the community by providing essential resources that enhance educational experiences at Grand Rapids Christian Schools. By underwriting costs associated with faculty professional development, facility operations, and tuition assistance for families in need, the foundation ensures that high-quality education remains accessible to a broader range of students.
Through its targeted grants, the foundation effectively reduces the financial burden of education and related activities, allowing students to benefit from enriched learning environments and opportunities. This support not only facilitates the growth and professional development of educators but also ensures that families facing financial challenges can afford a Christian education for their children. Overall, the foundation plays a vital role in promoting educational equity and excellence within the Grand Rapids community.
This information is meant to be a general summary of Grand Rapids Christian School Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4,108,865
- Gross Receipts: $12,242,895
Assets and Liabilities:
- Total Assets: $20,489,675
- Total Liabilities: $194,775
- Net Assets: $20,294,900
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Organization Details
Founding Year
1965
Phone
(616) 574-6000Principal Officer
Jim Primus
Main Address
2400 PLYMOUTH AVE SE, GRAND RAPIDS MI, MI, 49506
Website
www.grcs.orgNTEE Category
Code: B84 - Education
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