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Filing year 2023

GRAND ACTION FOUNDATION 20

Grand Rapids, Michigan·EIN 38-3147133·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$23.6M
Total assets
$44.3M
Total expenses
$13.4M
Reported officers
4
Mission

TO PROMOTE ECONOMIC AND CULTURAL DEVELOPMENT OF GRAND RAPIDS, MICHIGAN

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Executive Director
$215k
$237k
Base
$198k
Bonus
Other
Benefits
$7k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Up 50%
from 2022

From $143k in 2022 to $215k in 2023.

$143k
2022
$215k
2023
In today's dollarsEst.
Up 45% in real terms$164k to $237k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

GRAND ACTION FOUNDATION 20 reported revenue and expenses across 2 filing years.

RevenueExpenses
$3M
$2.7M
2022
$23.6M
$13.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

Comparable philanthropy, voluntarism & grantmaking organizations in Michigan pay their highest-earning executive a median of $12,000.

25th percentile
$5k
Median
$12,000
75th percentile
$60k
90th percentile
$131k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 141 organizations across 141 filings (2022 – 2023).

See full Philanthropy, Voluntarism & Grantmaking pay data for Michigan
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