Kalamazoo Community Foundation

Tax-deductible

Kalamazoo, MI501(c)(3)Since 1995Foundations & GrantmakersEIN 38-3333202Revenue $71.4M in FY2024

On file with the IRSkalfound.org402 E Michigan Ave, 49007-3888 · Kalamazoo, MITax-exempt since Feb 1997Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Kalamazoo Community foundation's mission is to mobilize people, resources, and expertise to advance racial, social, and economic justice in order to make Kalamazoo county the most equitable place to live.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
Run by 102 volunteers and 49 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $39.7M a year · 56% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.5M
to officers and key staff · 4% of spending
Top officer’s pay higher than 79% of similar orgs
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $652K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2.7M
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$71.4M
+75% vs prior year
Spent
$34.7M
To programs
76%
Net assets
$695.9M
By yearFY2020–FY2024
Revenue
$71.4M
FY2024▲ +75%
Tap a bar for its year
Revenue by fiscal year
FY2020$122.3M
FY2021$78.1M
FY2022$42.0M
FY2023$40.7M
FY2024$71.4M
Expenses
$34.7M
FY2024▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$31.0M
FY2021$28.0M
FY2022$30.0M
FY2023$32.4M
FY2024$34.7M
Net assets
$695.9M
FY2024▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$581.0M
FY2021$671.3M
FY2022$562.6M
FY2023$635.5M
FY2024$695.9M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $26.4M Management & general 15% · $5.3M Fundraising 9% · $3.0M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

21 people listed on the 990; $1.5M paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO/President
$364,664Pt VII · Sec A
Chief Philanthropy Officer
$174,347Pt VII · Sec A
Chief Investment Officer
$151,915Pt VII · Sec A
Director, People & Culture
$124,572Pt VII · Sec A
Chief Community Impact Officer
$122,326Pt VII · Sec A
Chief Technology Officer
$120,613Pt VII · Sec A
Director, Development
$117,349Pt VII · Sec A
Director, Scholorships
$106,337Pt VII · Sec A

Grace Lubwama’s $365K as CEO/President is at the 79th percentile of top reported officer pay among 661 $10–100M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Grace Lubwama$364,664$144,183———
Carolyn Pickett-Erway——$162,796$256,626$258,081
Jennifer Heymoss—$188,614$124,008$80,362—
Susan Springgate——$106,398$174,466$174,247
Joanna Dales$174,347$154,242$154,143$149,300$150,523
Sarah Lee—$154,860$122,745——
Joshua Sledge$151,915————
Erycka Hunter—$149,472$135,815$110,872—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Kalamazoo Community Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Mobilizes resources, people, and expertise to advance racial, social, and economic justice and fund community programs throughout Kalamazoo County.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $25.6M · in their own filed words · FY2024
01

Unrestricted Funds

Donors have established unrestricted funds which allow the community foundation to respond to the most challenging needs in the community, respond quickly to emergencies, and facilitate innovative responses to community challenges to meet the vision of kalamazoo county as the most equitable place to live.

$22.9Mprogram expense
02

Scholarship funds provided fellowships and scholarships to 464 students.

$2.2Mprogram expense
03

Opioid Remediation Mini-Grant Adminstration Process

A contractural agreement to administer mini-grants utilizing funds provided by the county

$560Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 8 funders →
Grants paid · 1,281 grants · $112.9M · 2020–2024
Unitemized GrantFY2024$1,655,115
The Kalamazoo Civic TheatreMI · FY2024$782,459
Kalamazoo Area Math & Science CenterFY2024$736,059
Tides CenterCA · FY2024$597,333
Pretty Lake Vacation Camp INCMI · FY2024$506,502
Kalamazoo Institute of ArtsMI · FY2024$451,839
Michigan Organizing ProjectMI · FY2024$400,000
United Way of South Central MiMI · FY2024$375,000
Kalamazoo Public LibraryMI · FY2024$371,386
Kalamazoo Regional Education Service AgencyFY2024$360,172
Family Health Center INCMI · FY2024$322,500
Unitemized GrantFY2024$301,614
Kalamazoo CollegeMI · FY2024$285,252
Family & Children Services INCMI · FY2024$252,965
Rural Futures InternationalMI · FY2024$246,793
See all 1,281 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$71.4M
Ln 12
Investment incomeLn 3$51.4M
Gifts and grantsLn 1h$19.8M
Other incomeLn 4–11$102K
Money outPt IX
$34.7M
Ln 25
Programscol B$26.4M
Managementcol C$5.3M
Fundraisingcol D$3.0M
Owns and owesPt X
$695.9M
net assets · Ln 32
Cash and savingsLn 1–2$1.6M
Total assetsLn 16$698.6M
LiabilitiesLn 26$2.7M
PeoplePt VI, VII
21
listed · VII A
PaidVII A10
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$19.8M
Noncash giftsLn 1g$2.2M
Investment incomeLn 3$51.4M
Other incomeLn 4–11$102K
Gains on assetsLn 7$33.3M
Total revenueLn 12$71.4M
Assets in detailPt X, end of year
CashLn 1$1.6M
Cash and savings togetherLn 1–2$1.6M
InvestmentsLn 11–13$687.6M
Land, buildings, equipmentLn 10c$155K
Other assetsLn 15$7.1M
Total assetsLn 16$698.6M
LiabilitiesLn 26$2.7M
Net assetsLn 32$695.9M
OperationsPt I, VI
EmployeesI 549
VolunteersI 6102
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$2.5M$1.6M
InvestmentsLn 11–13$628.5M$687.6M
Land, buildings, equipmentLn 10c$54K$155K
Total assetsLn 16$640.0M$698.6M
LiabilitiesLn 26$4.5M$2.7M
Net assetsLn 32$635.5M$695.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$22.3M$22.3M
Grants to domestic individualsLn 2$2.1M$2.1M
Pay of current officers, directors and key staffLn 5$1.3M$171K$972K$197K
Other salaries and wagesLn 7$3.0M$527K$1.3M$1.2M
Pension plan contributionsLn 8$171K$30K$74K$67K
Other employee benefitsLn 9$639K$116K$278K$245K
Payroll taxesLn 10$303K$27K$275K
Legal feesLn 11b$48K$2K$45K$450
Accounting feesLn 11c$53K$53K
Investment management feesLn 11f$1.2M$1.2M
Other fees for servicesLn 11g$1.7M$665K$808K$275K
Advertising and promotionLn 12$117K$5K$58K$54K
Office expensesLn 13$130K$18K$92K$19K
Information technologyLn 14$717K$6K$674K$37K
OccupancyLn 16$262K$262K
TravelLn 17$250K$29K$180K$41K
Conferences, conventions and meetingsLn 19$126K$18K$53K$56K
Depreciation, depletion and amortizationLn 22$41K$41K
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$180K$380K−$1.0M$832K
Total functional expensesLn 25$34.7M$26.4M$5.3M$3.0M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $71.4M$34.7M$36.7M$695.9M 990 PDF
FY2023 $40.7M$32.4M$8.3M$635.5M 990 PDF
FY2022 $42.0M$30.0M$12.0M$562.6M 990 PDF
FY2021 $78.1M$28.0M$50.1M$671.3M 990 PDF
FY2020 $122.3M$31.0M$91.2M$581.0M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $71,389,653 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $19,183,204$19,838,165
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $21,526,282$51,449,304
I-11 Other revenuePrior year $3,039$102,184
I-12 Total revenuePrior year $40,712,525$71,389,653
I-13 Grants and similar amounts paidPrior year $24,885,332$24,386,647
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,606,572$5,465,108
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,901,653$4,836,688
I-18 Total expensesPrior year $32,393,557$34,688,443
I-19 Revenue less expensesPrior year $8,318,968$36,701,210
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $71,389,653 across 9 lines filed
VIII-1a Federated campaigns$57,824
VIII-1d Related organizations$489,407
VIII-1f All other contributions, gifts and grants$19,290,934
VIII-1g Noncash contributions (included above)$2,241,721
VIII-1h Total contributions, gifts and grants$19,838,165
VIII-3 Investment incomeExcluded from tax $18,166,838$18,166,838
VIII-7 Net gain or loss on sales of assetsExcluded from tax $33,282,466$33,282,466
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $102,184$102,184
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $51,551,488$71,389,653
Part IX · Statement of functional expenses $34,688,443 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $22,279,370$22,279,370
IX-2 Grants to domestic individualsPrograms $2,107,277$2,107,277
IX-5 Pay of current officers, directors and key staffPrograms $171,162 · Management $971,664 · Fundraising $197,075$1,339,901
IX-7 Other salaries and wagesPrograms $526,686 · Management $1,292,603 · Fundraising $1,193,294$3,012,583
IX-8 Pension plan contributionsPrograms $29,729 · Management $74,338 · Fundraising $66,834$170,901
IX-9 Other employee benefitsPrograms $116,366 · Management $278,277 · Fundraising $244,520$639,163
IX-10 Payroll taxesPrograms $27,452 · Management $275,108$302,560
IX-11b Legal feesPrograms $2,000 · Management $45,302 · Fundraising $450$47,752
IX-11c Accounting feesManagement $53,324$53,324
IX-11f Investment management feesManagement $1,152,659$1,152,659
IX-11g Other fees for servicesPrograms $665,423 · Management $808,119 · Fundraising $274,797$1,748,339
IX-12 Advertising and promotionPrograms $4,609 · Management $58,233 · Fundraising $54,462$117,304
IX-13 Office expensesPrograms $17,868 · Management $92,493 · Fundraising $19,216$129,577
IX-14 Information technologyPrograms $5,760 · Management $674,392 · Fundraising $36,986$717,138
IX-16 OccupancyManagement $262,083$262,083
IX-17 TravelPrograms $29,085 · Management $180,264 · Fundraising $41,028$250,377
IX-19 Conferences, conventions and meetingsPrograms $17,967 · Management $52,577 · Fundraising $55,693$126,237
IX-22 Depreciation, depletion and amortizationManagement $41,186$41,186
IX-23 InsuranceManagement $11,000$11,000
IX-24 Other expenses (24a–d)Programs $380,340 · Management −$1,032,965 · Fundraising $832,337$179,712
IX-25 Total functional expensesPrograms $26,381,094 · Management $5,290,657 · Fundraising $3,016,692$34,688,443
Part X · Balance sheet $698,598,440 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $2,493,454$1,644,235
X-3 Pledges and grants receivableStart of year $1,266,255$1,201,116
X-9 Prepaid expenses and deferred chargesStart of year $707,084$917,806
X-10c Land, buildings and equipment, netStart of year $53,533$155,430
X-11 Publicly traded securitiesStart of year $53,376,111$211,822,392
X-12 Other securitiesStart of year $573,056,960$470,977,362
X-13 Program-related investmentsStart of year $2,051,173$4,760,196
X-15 Other assetsStart of year $6,995,226$7,119,903
X-16 Total assetsStart of year $639,999,796$698,598,440
X-17 Accounts payable and accrued expensesStart of year $865,001$974,941
X-18 Grants payableStart of year $1,853,611$653,732
X-25 Other liabilitiesStart of year $1,786,962$1,040,222
X-26 Total liabilitiesStart of year $4,505,574$2,668,895
X-27 Net assets without donor restrictionsStart of year $42,741,265$48,641,124
X-28 Net assets with donor restrictionsStart of year $592,752,957$647,288,421
X-32 Total net assets or fund balancesStart of year $635,494,222$695,929,545
X-33 Total liabilities and net assetsStart of year $639,999,796$698,598,440
Part XI · Reconciliation of net assets $695,929,545 net assets at year end
XI-1 Total revenue$71,389,653
XI-2 Total expenses$34,688,443
XI-3 Revenue less expenses$36,701,210
XI-4 Net assets at start of year$635,494,222
XI-5 Net unrealized gains (losses) on investments$20,114,774
XI-9 Other changes in net assets$3,619,339
XI-10 Net assets at end of year$695,929,545

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.