Community Development : Community Foundations

Grand Rapids Community Foundation

For good. For ever.

impact data icon

Impact Information is available from our partner, GuideStar

three stars

87.92

185 Oakes Street, SW Grand Rapids, MI 49503
tel: (616) 454-1751   Web Site
EIN: 38-2877959

Board Leadership
Michael Rosloniec
Chair

CEO
Diana R. Sieger
President

  Score
(out of 100)
Rating
Overall Score & Rating 87.92 three stars
  Financial 83.19 three stars
  Accountability & Transparency 97.00 four stars
This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Founded in 1922, the Grand Rapids Community Foundation is Michigan's first community foundation. Our mission is to build and manage our community's permanent endowment and lead the community to strengthen the lives of its people. Since 1930 when the Foundation made its first grant, hundreds of thousands of people's lives have been enriched through grants and scholarships totaling almost $160 million. The role of the Foundation has grown from simple grant maker to a community leader seeking long-term solutions to diverse community challenges.

Founded in 1922, the Grand Rapids Community Foundation is Michigan's first community foundation. Our mission is to build and manage our community's permanent endowment and lead the community to strengthen the lives of its people. Since 1930 when the Foundation made its first grant, hundreds of thousands of people's lives have been enriched through grants and scholarships totaling almost $160 million. The role of the Foundation has grown from simple grant maker to a community leader seeking long-term solutions to diverse community challenges.

Impact Information

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This impact information is current as of September 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

83.19

Accountability & Transparency

four stars

97.00

This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
79.0%
  Administrative Expenses 13.2%
  Fundraising Expenses 7.6%
  Fundraising Efficiency $0.14
  Working Capital Ratio (years) 17.38
  Program Expenses Growth 6.3%
  Liabilities to Assets 1.9%
All data for Financial Performance Metrics calculations was provided by Grand Rapids Community Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Grand Rapids Community Foundation on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $12,558,160
   Federated Campaigns $28,333
   Membership Dues $0
   Fundraising Events $11,150
   Related Organizations $0
   Government Grants $334,159
Total Contributions $12,931,802
   Program Service Revenue $0
Total Primary Revenue $12,931,802
   Other Revenue $11,327,195
TOTAL REVENUE $24,258,997
   
EXPENSES  
   Program Expenses $14,541,739
   Administrative Expenses $2,688,000
   Fundraising Expenses $1,585,539
TOTAL FUNCTIONAL EXPENSES $18,815,278
   
Payments to Affiliates $0
Excess (or Deficit) for the year $5,443,719
   
Net Assets $339,847,254

Charts

Compensation % of Expenses Paid to Title
$266,995 1.41% Diana Sieger President

Mission

Founded in 1922, the Grand Rapids Community Foundation is Michigan's first community foundation. Our mission is to build and manage our community's permanent endowment and lead the community to strengthen the lives of its people. Since 1930 when the Foundation made its first grant, hundreds of thousands of people's lives have been enriched through grants and scholarships totaling almost $160 million. The role of the Foundation has grown from simple grant maker to a community leader seeking long-term solutions to diverse community challenges.

Highly Rated

Charity Name & State Overall Score Overall Rating
Grand Rapids Community Foundation (MI) 87.92 three stars
Community Foundation of the Virgin Islands (VI) 98.23 four stars
The Winston-Salem Foundation (NC) 99.94 four stars
Baltimore Community Foundation (MD) 86.29 three stars
The Community Foundation of Western North Carolina (NC) 90.94 four stars

Compare These Charities (Highly Rated)

Charity Contact Info

Grand Rapids Community Foundation
185 Oakes Street, SW
Grand Rapids, MI 49503
tel: (616) 454-1751
fax: (616) 454-6455
EIN: 38-2877959

Visit Web Site

Board Leadership

Michael Rosloniec
Chair

CEO

Diana R. Sieger
President