Financial Information for Grand Rapids Community Foundation

Grand Rapids Community Foundation's annual revenue was $27.3M in tax year 2024, reported on their IRS Form 990. They spent $31.7M in total expenses. 81% went to programs and services.

Financial Breakdown

What is Grand Rapids Community Foundation's total annual expenses?

Grand Rapids Community Foundation spent $31.7M in tax year 2024, according to their IRS Form 990 filing.

How much of Grand Rapids Community Foundation's budget goes to programs?

Grand Rapids Community Foundation spent $25.8M (81% of expenses) on programs and services in tax year 2024.

How much does Grand Rapids Community Foundation spend on overhead?

Grand Rapids Community Foundation's overhead in tax year 2024 includes administrative (14%) and fundraising (5%) of their expenses.

What is Grand Rapids Community Foundation's net worth?

Grand Rapids Community Foundation had net assets of $477.3M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.