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Grand Rapids Community Foundation

The Grand Rapids Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 382877959 ✦ Grand rapids, MI ✦ Designated as a 501(c)(3)

Overview

What is Grand Rapids Community Foundation?

The Grand Rapids Community Foundation is a prominent nonprofit organization situated in Grand Rapids, Michigan. With a focus on community development, it manages a permanent endowment to enhance the lives of its residents. The foundation invests in innovative models and proven programs, supporting policy and advocacy efforts across Kent County. Among its recent initiatives, it awarded grants totaling $1.195 million to three local organizations: the Greater Grand Rapids NAACP, United Methodist Community House, and Hispanic Center of Western Michigan. These grants aim to combat racial discrimination, provide culturally effective services for older adults, and support the Hispanic community in achieving equity and personal prosperity, respectively. With a workforce of 38 employees, the Grand Rapids Foundation continues to contribute to the betterment of its community.


Official website here: www.grfoundation.org

Is Grand Rapids Community Foundation legitimate?

Grand Rapids Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Rapids Community 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.

Here are some key statistics you may want to consider:

Executive Compensation: $1,145,199
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,037,739

For more financial information, click here


Official website here: www.grfoundation.org

What is the mission statement of Grand Rapids Community Foundation?

The Grand Rapids Community Foundation's mission revolves around building and managing a permanent endowment. Their primary objective is to lead their community in enhancing the lives of its people. To achieve this, they invest in innovative models, proven programs, policy, and advocacy efforts across various sectors. The foundation supports organizations in their capacity-building endeavors, funding initiatives that aim to dismantle racial discrimination, provide services for older adults, and support the Hispanic community in achieving equity and personalized prosperity.


Official website here: www.grfoundation.org

Who is the CEO of Grand Rapids Community Foundation?

Diana Sieger is the President of Grand Rapids Community Foundation.


Official website here: www.grfoundation.org

What is the revenue of Grand Rapids Community Foundation?

Grand Rapids Community Foundation's revenue in 2023 was $8,730,097.


Official website here: www.grfoundation.org

Who are the executives of Grand Rapids Community Foundation and what are their salaries?

The average compensation at Grand Rapids Community Foundation during 2023 was $83,762. There are 38 employees and 265 volunteers at Grand Rapids Community Foundation.

Here are 20 key members and their salaries:

    Diana Sieger (President)
  • Compensation: $300,920
  • Related: $0
  • Other: $26,833

    • Stan Vander Roest (Cfo/Treasurer)
  • Compensation: $181,125
  • Related: $0
  • Other: $18,497

    • Marilyn Zack (Vice President)
  • Compensation: $164,778
  • Related: $0
  • Other: $16,594

    • Kate Luckert Schmid (Vice President)
  • Compensation: $150,547
  • Related: $0
  • Other: $13,879

    • Ashley Lee (Vice President)
  • Compensation: $129,914
  • Related: $0
  • Other: $12,192

    • Danielle Brown (Finance Director)
  • Compensation: $128,018
  • Related: $0
  • Other: $12,091

    • Christine Kutzli (Program Director)
  • Compensation: $117,557
  • Related: $0
  • Other: $11,261

    • Kyle Caldwell (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Renee Williams (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brandy Lovelady Mitchell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Vogelsang (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Fawcett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Kyros (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Loeks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ana Ramirez-Saenz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Roane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexandria Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Caitlin Townsend Lamb (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samantha Rivera (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.grfoundation.org

    Where can I find the form 990 for Grand Rapids Community Foundation?

    The Grand Rapids Community Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.grfoundation.org

    Learn more at the official website: www.grfoundation.org

    Mission Statement of Grand Rapids Community Foundation

    Grand Rapids Community Foundation, an established organization, is dedicated to its mission of strengthening the lives of its community's people. To achieve this, the foundation invests in innovative models, proven programs, policy, and advocacy efforts throughout Kent County. By doing so, it aims to build and manage a permanent endowment that will serve as a sustainable source of support for various community needs. This mission reflects the foundation's commitment to fostering growth and development within its community, ensuring that its people have the resources and opportunities they need to thrive.

    In practical terms, Grand Rapids Community Foundation fulfills its mission by providing grants and scholarships to a diverse range of organizations. For instance, it granted $420,000 to the Greater Grand Rapids NAACP to support their ongoing work in dismantling racial discrimination by building internal capacity. Similarly, it awarded $400,000 to United Methodist Community House to help them provide culturally effective services for older adults. Furthermore, the foundation provided a $375,000 grant to the Hispanic Center of Western Michigan, supporting the Hispanic community's efforts to achieve equity and personalized prosperity. These grants demonstrate Grand Rapids Community Foundation's proactive role in addressing community needs and fostering equality and opportunity for all its people.

    Impact

    This information is meant to be a general summary of Grand Rapids Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Grand Rapids Community Foundation is making a significant impact in the Grand Rapids community by investing in innovative models, proven programs, policy, and advocacy efforts throughout Kent County. Through grants and scholarships, the foundation supports organizations like the Greater Grand Rapids NAACP, United Methodist Community House, and Hispanic Center of Western Michigan, among others, to address important issues such as racial discrimination, culturally effective services for older adults, and achieving equity for the Hispanic community. Their mission to build and manage the community's permanent endowment and lead efforts to strengthen the lives of its people showcases their commitment to creating lasting positive change in Grand Rapids.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,727,000
  • Program Service Revenue: $0
  • Gross Receipts: $13,480,900

    • Assets and Liabilities:
  • Total Assets: $404,141,821
  • Total Liabilities: $8,433,372
  • Net Assets: $395,708,449
  • Organization Details

    Founding Year

    1922

    Principal Officer

    Diana Sieger

    Main Address

    185 OAKES STREET SW, GRAND RAPIDS, MI, 49503

    NTEE Category

    Code: T310 - Philanthropy

    If you are a representative of Grand Rapids Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.