Overview
What is Grand Rapids Public Library Fndn?
The Grand Rapids Public Library Foundation is a nonprofit organization based in Grand Rapids, Michigan. With a single employee, their primary mission is to raise funds and provide advocacy support for the Grand Rapids Public Library. They accomplish this by assisting the Board of Library Commissioners in delivering high-quality library services to the community. These services encompass various programs, such as youth literacy initiatives like the summer reading program, community enrichment programs like the Center for the Book and diversity programming, business reference databases, STEM training through youth technology camps, and the preservation of rare and historic library materials. Their activities aim to support the library in its mission of providing comprehensive library services to the greater Grand Rapids area.
Official website here: www.grplfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Grand Rapids Public Library Foundation has achieved a solid Three-Star rating with an overall score of 88% on Charity Navigator. This rating reflects strong accountability and financial health within the organization, evidenced by a high Program Expense Ratio of 95.17%, indicating that a significant portion of their funds is directed toward their primary programs. The organization also boasts an entirely independent board, which is crucial for maintaining governance standards.
However, while the foundation excels in several areas such as independent board membership and financial statement reviews, there are notable gaps in its governance policies. The absence of a whistleblower policy and a document retention policy, along with the missing tax form on the nonprofit's website, indicate areas for improvement in transparency and risk management. Addressing these issues could enhance their overall accountability and public trust.
Overall, the Grand Rapids Public Library Foundation demonstrates financial responsibility and a commitment to its mission, but it would benefit from implementing the necessary governance policies to strengthen its operational integrity and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Grand Rapids Public Library Fndn legitimate?
Grand Rapids Public Library Fndn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Rapids Public Library Fndn 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: $45,458
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.grplfoundation.org
What is the mission statement of Grand Rapids Public Library Fndn?
The Grand Rapids Public Library Foundation's mission is to support the Grand Rapids Public Library by raising funds and advocating for its services. The foundation assists the Library's Board of Commissioners in providing quality services to the community. It provides grants for various programs not covered under the library's budget, including youth literacy initiatives, community enrichment programs, STEM training, and the preservation of historic library materials. The foundation's goal is to enhance the library's offerings and positively impact the lives of the library's users.
Official website here: www.grplfoundation.org
Who is the CEO of Grand Rapids Public Library Fndn?
Carla A Grant is the Director of Grand Rapids Public Library Fndn.
Official website here: www.grplfoundation.org
What is the revenue of Grand Rapids Public Library Fndn?
Grand Rapids Public Library Fndn's revenue in 2022 was $504,023.
Official website here: www.grplfoundation.org
Who are the executives of Grand Rapids Public Library Fndn and what are their salaries?
The average compensation at Grand Rapids Public Library Fndn during 2022 was $45,458. There is 1 employee and 25 volunteers at Grand Rapids Public Library Fndn.
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Official website here: www.grplfoundation.org
Where can I find the form 990 for Grand Rapids Public Library Fndn?
Grand Rapids Public Library Fndn's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.grplfoundation.org
Learn more at the official website: www.grplfoundation.org
Mission Statement of Grand Rapids Public Library Fndn
The Grand Rapids Public Library Foundation is a dedicated organization with a mission to support and advocate for the Grand Rapids Public Library. Their primary goal is to raise funds to enhance the library's capacity to offer high-quality services to the citizens of the broader Grand Rapids area. By partnering with the Board of Library Commissioners, the Foundation assists in providing various programs that extend beyond the library's budget.
These additional programs encompass a wide range of activities, including initiatives aimed at promoting youth literacy, such as the summer reading program. Furthermore, the Foundation contributes to community enrichment by supporting programs like the Center for the Book, diversity programming, and business reference databases. They also invest in STEM training through youth technology camps and preserve rare and historic library materials. By funding these initiatives, the Grand Rapids Public Library Foundation plays a significant role in enhancing the overall library experience and services for the community.
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Impact
July, 2024
The Grand Rapids Public Library Foundation has a significant impact on the community by supporting the Grand Rapids Public Library in providing quality library services to the citizens of the greater Grand Rapids area. Through grants, the foundation funds various programs that are not covered under the library's budget. These programs include activities focused on youth literacy such as the summer reading program, community enrichment initiatives like the Center for the Book and diversity programming, business reference databases, STEM training like the youth technology camp, and the preservation of rare and historic library materials. By providing fundraising and advocacy support, the foundation plays a crucial role in assisting the Board of Library Commissioners in delivering essential services to the residents of Grand Rapids.
This information is meant to be a general summary of Grand Rapids Public Library Fndn. 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 2022.
- Investment Income: $231,818
- Program Service Revenue: $4,802
- Gross Receipts: $512,881
Assets and Liabilities:
- Total Assets: $5,261,818
- Total Liabilities: $8,358
- Net Assets: $5,253,460
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICE
Revenue
$4,802
Organization Details
Founding Year
1991
Phone
(616) 988-5400Principal Officer
Carla A Grant
Main Address
111 LIBRARY NE, GRAND RAPIDS, MI, 49503
Website
www.grplfoundation.orgNTEE Category
Code: B71J - Education
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