GRAND RAPIDS COMMUNITY FOUNDATION

EIN 382877959 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

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DAF assets
$117.69M
at fiscal year end
Grants out
$4.97M
from DAF accounts
Contributions in
$1.86M
received into DAFs
Payout rate
4.2%
median is 12.5%
Accounts
228
funds held at year end
Average account
$516K
assets per fund

At 4.2%, this sponsor granted less than the 5% a private foundation is legally required to distribute, and paid out about one third of the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$95.9M
FY2019
$116.9M
FY2020
$108.1M
FY2021
$111.2M
FY2022
$117.7M
FY2023

Grants paid by year

$5.2M
FY2019
$7.3M
FY2020
$7.8M
FY2021
$6.5M
FY2022
$5.0M
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 1,344 grant lines totalling $72.4M across 2019–2024 — $54K per line.

$1.7M of this sponsor’s grants went to other DAF sponsors — 2% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Urban Core CollectiveEIN 465227869 MI$2.9M
Grand Valley State UniversityEIN 381684280 MI$1.7M
Grand Rapids African American Health InstituteEIN 061658200 MI$1.4M
Hispanic Center Of Western MichiganEIN 382265825 MI$1.4M
Grand Rapids Urban League IncEIN 381359259 MI$1.4M
City Of LowellEIN 386007187 MI$1.3M
KconnectEIN 464605245 MI$1.3M
City Of Grand RapidsEIN 386004689 MI$1.3M
Baxter Community CenterEIN 237076806 MI$1.1M
Kent School Services NetworkEIN 463946663 MI$1.0M
Bishop Loughlin Memorial High SchoolEIN 530196617 NY$981K
Grand Rapids African American Museum And ArchivesEIN 371795036 MI$875K
Grand Rapids SymphonyEIN 386005447 MI$867K
Mid-West Michigan Trail AuthorityEIN 386004857 MI$867K
Regents Of The University Of MichiganEIN 386006309 MI$844K

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.