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Filing year 2024

KRW FOUNDATION

Grand Rapids, Michigan·EIN 38-3384598·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$6.1M
Total assets
$14.1M
Total expenses
$2.9M
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. KRW FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

President/secretary/treasu
Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$2.8M

Itemized grants

34

Median grant

$50k

RecipientLocationPurposeAmount
GRAND RAPIDS SYMPHONY ENDOWMENTGRAND RAPIDS, MIGENERAL$500k
OUR HOPEGRAND RAPIDS, MIGENERAL$300k
GRAND VALLEY STATE UNIVERSITYALLENDALE, MIGENERAL$250k
FAMILY PROMISE OF GRAND RAPIDSGRAND RAPIDS, MIGENERAL$150k
MARY FREE BED FOUNDATIONGRAND RAPIDS, MIGENERAL$150k
THE DIATRIBEGRAND RAPIDS, MIGENERAL$150k
UNITED METHODIST COMMUNITY HOUSEGRAND RAPIDS, MIGENERAL$100k
YMCA OF GREATER GRAND RAPIDSGRAND RAPIDS, MIGENERAL$100k
GRAND RAPIDS CIVIC THEATREGRAND RAPIDS, MIGENERAL$90k
ASPEN INSTITUTEWASHINGTON, DCGENERAL$75k
AYA YOUTH COLLECTIVEGRAND RAPIDS, MIGENERAL$75k
HEART OF WEST MICHIGAN UNITED WAYGRAND RAPIDS, MIGENERAL$70k
YWCA WEST CENTRAL MICHIGANGRAND RAPIDS, MIGENERAL$65k
GRAND RAPIDS ART MUSEUMGRAND RAPIDS, MIGENERAL$60k
AQUINAS COLLEGEGRAND RAPIDS, MIGENERAL$50k
C-SNIPGRAND RAPIDS, MIGENERAL$50k
DISARTGRAND RAPIDS, MIGENERAL$50k
FIRST STEPS OF KENT COUNTYGRAND RAPIDS, MIGENERAL$50k
GARFIELD PARK NEIGHBORHOOD ASSOCIATIONGRAND RAPIDS, MIGENERAL$50k
GRAND RAPIDS CHILDREN'S MUSEUMGRAND RAPIDS, MIGENERAL$50k
HEALTH NET OF WEST MICHIGANGRAND RAPIDS, MIGENERAL$50k
HUMANE SOCIETY OF WEST MICHIGANGRAND RAPIDS, MIGENERAL$45k
BEYOND 26WYOMING, MIGENERAL$30k
ACLU OF MICHIGANDETROIT, MIGENERAL$25k
DISABILITY ADVOCATES OF KENT COUNTYGRAND RAPIDS, MIGENERAL$25k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

KRW FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$349k
$2.2M
2023
$6.1M
$2.9M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

KRW FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Michigan earns a median of $25,000.

25th percentile
$7k
Median
$25,000
75th percentile
$65k
90th percentile
$147k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 732 organizations across 732 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Michigan
FAQ

Common questions about KRW FOUNDATION

What are KRW FOUNDATION's revenue and expenses?

In 2024, KRW FOUNDATION reported $6.1M in total revenue and $2.9M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.