Community Development : Community Foundations

Grand Rapids Community Foundation

For good. For ever.

three stars

86.87

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

Board Leadership
Christina Keller
Chair

CEO
Diana R. Sieger
President

  Score
(out of 100)
Rating
Overall Score & Rating 86.87 three stars
  Financial 81.68 three stars
  Accountability & Transparency 97.00 four stars
This rating was published 07/01/2018 and includes data from FY2017, 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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Financial

three stars

81.68

Accountability & Transparency

four stars

97.00

This rating was published 07/01/2018 and includes data from FY2017, 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)
78.6%
  Administrative Expenses 13.6%
  Fundraising Expenses 7.7%
  Fundraising Efficiency $0.16
  Working Capital Ratio (years) 17.28
  Program Expenses Growth 7.4%
  Liabilities to Assets 2.2%
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 $6,717,520
   Federated Campaigns $23,133
   Membership Dues $0
   Fundraising Events $10,800
   Related Organizations $0
   Government Grants $1,630
Total Contributions $6,753,083
   Program Service Revenue $0
Total Primary Revenue $6,753,083
   Other Revenue $9,570,028
TOTAL REVENUE $16,323,111
   
EXPENSES  
   Program Expenses $15,757,920
   Administrative Expenses $2,490,394
   Fundraising Expenses $1,447,013
TOTAL FUNCTIONAL EXPENSES $19,695,327
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-3,372,216
   
Net Assets $322,103,234

Charts

Compensation % of Expenses Paid to Title
$253,785 1.28% 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) 86.87 three stars
New Hampshire Charitable Foundation (NH) 91.83 four stars
El Paso Community Foundation (TX) 88.76 three stars
Community Foundation of the Virgin Islands (VI) 89.50 three stars
The San Francisco Foundation (CA) 97.17 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

Christina Keller
Chair

CEO

Diana R. Sieger
President