2021-2022 Annual Report

Page 1

Celebrating Our Centennial

Grand
Rapids Community Foundation Annual Report 2021 - 2022

Our North Star

For West Michigan to grow and prosper, we must make sure that everyone can apply their talents and creativity to fuel our future. It is only by connecting across perspectives and overcoming inequities that we can build and sustain an inclusive economy and thriving community.

Our mission is to build and manage our community’s permanent endowment and lead the community to strengthen the lives of its people.

We envision a magnetic and interconnected West Michigan community.

We value integrity, excellence, inclusion, sustainability and bold aspirations.

Table of Contents

Leadership Letter Diana R. Sieger + Kyle Caldwell

Informed by Our Past

Years of Service and Impact

We Are Today

Focused on the Future

Data and Financials

Donor Partnerships Grant Partnerships Scholarship Awards Catalyzing Community Giving Financials

Statement of Position and Activities Fund Listing Memorial, Honor and Estate Gifts

of Trustees and Staff

100
Who
100 New Philanthropists
Board
20 26 4 6 10 12 18 46 2021 - 2022 Annual Report | 3

Dear Partners and Friends,

One hundred years of care for community using the tools of philanthropy. One hundred years of legacy. One hundred years of partnership and collaboration. One hundred years spent gaining a deeper understanding of equity.

Grand Rapids Community Foundation’s mark on this community over the last century has been significant, but we will not rest on our successes/wins of the past.

Our centennial is more than a commemoration; it’s a kickoff of a new century of service and impact with partners like you leading the way. We have taken some time to pause and celebrate the countless individuals, families, nonprofits, community leaders and more who have built Michigan’s oldest community foundation through their resources, skills, networks, influence and dollars. But we won’t stop there. Our sight is set on our next century of service and impact in Kent County. And we are kicking that off by engaging with community partners in new ways to shape our future focus.

Over this past year, we have spent significant time exploring our history, impact, growth and learning through the core components of our work together— philanthropy, or care for community; legacy; collaboration; and equity. What has resonated most, has been the growth and learning. The lessons

we’ve learned over the last century have evolved our approach and sharpened our focus. We’re grateful for all the individuals, families, nonprofits, community leaders and more who have kept coming together to create a better community. Here are eight lessons.

The Community Foundation belongs to the community. To that end, you have taught us the importance of building a more inclusive philanthropic culture and practice in Greater Grand Rapids.

You have taught us that our community benefits from the passion and commitment of philanthropists who represent many different backgrounds and traditions of giving.

You have taught us that charity and justice are not interchangeable terms, and that we must focus less on giving money and more on eliminating the systemic causes of inequity.

You have taught us that in many ways our systems unintentionally prioritized historically white systems, voices, experiences, leadership styles and preferred processes.

4 | Grand Rapids Community Foundation

You have taught us that we have a role to play in increasing equitable outcomes across systems by supporting the conditions for a healthier, more robust and increasingly resourced ecosystem of people of color-led nonprofits and movements.

You have taught us the importance of investing in systems-level work that addresses the root causes of the issues our community faces.

You have taught us that the people closest to the pain, are also closest to the solutions. So, we listen to community members in a variety of ways to inform our investments and aim to invest in projects that are community-led in voice, scope of work and the iterative process for change.

Most importantly, you have taught us that the learning never stops.

Besides the reflection, learning and planning for the next 100 years, this year our partners have been busy responding to current needs and stewarding our resources for the future. We have welcomed 29 new funds, many of which prioritize our organizational commitment to racial, social and economic justice.

Our finance team and Investment Review Committee have stewarded our $387,098,639 in assets while navigating a tumultuous market. Based on our commitment to equitable COVID-19 recovery, we continue to seek a healthy balance of allocating resources to address current critical community needs while also maintaining our endowment to ensure we can respond to future needs. With the support of partners like you, $15,981,899 has been awarded in grants to nonprofits and scholarships to local students through Donor Advised, designated, nonprofit, unrestricted (Fund for Community Good), Field of Interest and scholarship funds held at the Community Foundation.

In this annual report, we share stories of partnerships that demonstrate our approach to trust-based and communityled philanthropy. These stories are just a few examples of how our work with partners like you is leading us toward realizing our community’s vision for the future.

We hope you are as inspired as we are to kick off a new century of service and impact together in Kent County. We know that the work we will do in the years ahead has the potential to have an everlasting impact on our community.

With deepest appreciation and gratitude,

Informed by Our Past

Grand Rapids Community Foundation was founded in 1922, and we are proud to be Michigan's oldest community foundation! Over the last 100 years, people who care about Kent County’s future have built the Community Foundation. Their time, financial resources and thought partnership have created an organization with the strength and vision to make bold change possible.

Our partners—donors, nonprofits, leaders, doers and more—have collaborated with us to bring sustainable change as we champion social justice and work to meet our community’s evolving needs. We have focused on issues like affordable housing, the AIDS crisis, equitable access to education and so much more.

Here are two examples of how growth, lessons learned and partnerships have shaped the Community Foundation and prepared us for our second century of service and impact.

Sowing seeds of community voice in grantmaking

As the Community Foundation’s operational capacity grew in its first decades, the roles of staff and volunteer partners shifted. Early on, the Community Foundation’s Board of Trustees controlled much of the decision making. By the late 1980s, full time staff were hired and a strategic direction was set for the organization’s continued growth.

Ann Cooper was a trustee when the board established a committee to increase representation among the community being served through Community Foundation grantmaking. This original committee is the predecessor of today's unrestricted Fund for Community Good, which invests in partners who share our commitment to becoming actively anti-racist.

Reflecting on that time, Ann highlights the opportunity she and other board members, including Shirley (Perkins) Daniels, saw to fundamentally shift the Community Foundation’s approach to grantmaking. “There was not the level of participation in the Community Foundation’s work and decision making that would enrich its contributions to the community and result in improved outcomes. The opportunity was huge—seeking broad and deep connections with knowledgeable community members to learn what the real needs were. I was very proud to work with Shirley on efforts to facilitate the involvement of previously less-involved community members,” Ann said.

Years later, we have more opportunities for involvement in grantmaking, especially through community-led funds like Black Legacy Fund, Our LGBTQ Fund and Somos Comunidad Fund. The seeds sown by Ann, Shirley and others have shaped our approach and sharpened our focus on engaging community members.

To serve community, it is critical that Grand Rapids Community Foundation learn from our history. The lessons of our past inform our actions as we evolve and new community needs arise.
See data for grantmaking this year on pages 28-31.
2021 - 2022 Annual Report | 7

Donor partners demonstrate generations of generosity

West Michigan’s tradition of philanthropy runs deep. As giving strategies have changed over time, the Community Foundation has collaborated with donor partners to create meaningful and impactful gifts. Donor Advised funds have allowed partners to take a personal, hands-on approach by recommending grants to the causes and organizations they care about. If desired, donor partners can include the next generation in their grantmaking plan.

In 2003, Jack and Ruth Loeks made a gift that would grow and become the Loeks Family Funds, a group of Donor Advised funds. Jack and Ruth established successful businesses in West Michigan and saw philanthropy as a way to reinvest in the community. When creating the Loeks Family Funds, Ruth identified her 10 grandchildren as successor advisors. They each can recommend grant awards to nonprofit organizations locally and in the places they live. Like many families, they established a legacy of caring through their philanthropic priorities.

“In her later years, Ruth introduced each of her grandchildren to the organizations that she found to be doing fine work here. But it wasn’t intended as a direction for our own giving—it was sharing her passions and seeing what it could energize in us,” said Emily Loeks.

“The Community Foundation has been a tremendous resource to each of us, in being able to identify areas of personal passion and interest, and to be able to draw on the expertise of the staff to make use of those funds in strategic ways. I care deeply about literacy and arts and culture and the environment and some of the faith communities of which I’ve been part. The Community Foundation has brought to my attention organizations that are doing exciting work and filling in gaps that I might not have had the lens to see," she added.

The Community Foundation donor partners' passions and generosity build a foundation of inclusion, equity, justice and love. We are filled with gratitude for our donor partners, who for a century have made investments for a better tomorrow.

See all funds, including Donor Advised funds, starting on page 36 .

"The Community Foundation has brought to my attention organizations that are doing exciting work and filling in gaps that I might not have had the lens to see.”
– Emily Loeks
8 | Grand Rapids Community Foundation
– Ann Cooper
"The opportunity was huge—seeking broad and deep connections with knowledgeable community members to learn what the real needs were."

100 Years of Service and Impact

Over the last century, the Community Foundation has worked with partners to use philanthropic tools to find solutions to our community’s most pressing issues. Here is a glance at how those resources have been activated, as of June 30, 2022. We know that together, our impact will continue into the future. unique nonprofit organizations supported through grant awards 2,500+ funds established by people to do good in our community forever 800+ $25 to $387M from the first donation to today. People who care about Kent County’s future have built the Community Foundation through their time, financial resources and partnerships $258,828,205 total awarded in grants since 1930 466+ Metz Legacy Society members since our founding, including those who have passed. Each left or is leaving a legacy of love and support to future generations through their estate, will or life income gift $22.4M awarded in scholarships to over 16,000 students We are grateful for our partners who have given of their time, financial resources and thought partnership to create an organization with the strength and vision to make bold change possible. Learn more about our history at GRFoundation.org/History. 2021 - 2022 Annual Report | 11

Who We Are Today

Amyah Thompson, Alejandra Guzman and Steff Rosalez at Grandville Avenue Arts + Humanities

Today, Grand Rapids Community Foundation is an organization infused by the spirit and passion of countless partners working together to realize our North Star. Our North Star is the direction of our current and future work as we look to overcome the racial, social and economic inequities that persist today and act as barriers to opportunity, prosperity and belonging.

While we are not there yet, we have come some way. With this clarity of direction, Community Foundation staff and partners have found inspiration to boldly answer the call to be a philanthropic leader ready and willing to meet the challenges of today.

That means welcoming new relationships, while maintaining relationships with partners who have walked alongside us over the years and bringing them along on the Community Foundation’s equity journey.

It’s a delicate dance and does not come without growing pains. It calls for greater transparency, collaboration and increased accountability. It calls for challenging conventional best practices and making room for more just and equitable practices. It also calls for intentional outreach for feedback from those best equipped to create solutions—qualified not just by titles and tenure, but by proximity and lived experience navigating the systemic inequities we are working to eradicate. It’s a shift from the way we have always known to do things. And the results have been transformational.

Today, we are putting in the work to realize our bold vision for change. We are preparing for tomorrow by growing our resources and deepening our investment in efforts led by and for community. We are also actively learning from our partners leading the charge in this work.

Dr. Brandy Lovelady Mitchell, a Community Foundation Trustee and deputy superintendent of preschool-12 learning and leadership for Grand Rapids Public Schools, says she sees the shift from traditionally charitable practices to more community grounded, social justice practices.

Our North Star: For West Michigan to grow and prosper, we must make sure that everyone can apply their talents and creativity to fuel our future. It is only by connecting across perspectives and overcoming inequities that we can build and sustain an inclusive economy and thriving community.
Dr. Brandy Lovelady Mitchell

"There's power in who gets to frame issues, who gets to frame what's important, who frames a problem and, then, who gets to determine what success or impact is," says Brandy. “Grand Rapids Community Foundation has more frequently left the comforts of their four walls to go to community that have not been heard and give them the mic or their platform and ask questions and then relatedly try to allocate resources. In that is the shift from addressing things at the surface issue [by] throwing money at stuff and having deeper conversations to identify what are the root issues that are causing these outcomes and then systemically change in order for us not to continuously be in a situation.”

The Community Foundation’s efforts over the last three decades were recognized in 2019 with a grant from the W.K. Kellogg Foundation, which provided an infusion of funds and allowed us to move forward efforts to strengthen relationships in Black and Latinx communities specifically. Since then, the funds have helped increase staff capacity to support volunteerled committees from Black and Latinx communities. They do the fundamental work of creating charters,

recruiting new members and engaging with community through listening sessions. This ensures their work reflects the current needs of the communities they represent and serve. From the success of this work, we are working to steward additional resources to level-up our long-term commitment to this approach. We are reimagining our role in harnessing the power of our community to make Kent County a better place to live for all.

As we lean further into this approach, we are continuing to learn from nonprofit partners like Grandville Avenue Arts and Humanities and African Resource Center about how to strengthen and sustain our commitment to and practice of community-led and trust-based philanthropy.

We have learned from partners like Steff Rosalez, executive director of GAAH, that doing things differently and prioritizing community and trustbuilding starts with being in authentic relationship with the people you are working for and with.

Amyah Thompson
"Showing that they're asking that means that you can trust them and having good communication shows trust."
14 | Grand Rapids Community Foundation

“You can't hear someone fully unless you know them. People have different signals and different ways of communicating and expressing their needs. The best way to know what someone needs is through relationships, and we focus on knowing people," says Steff. "I think a lot of people go into a situation where they're trying to help someone and immediately jump to, ‘What do you need help with?’ instead of asking, ‘Who are you? How can we work together to build a relationship and support each other?’”

The team at GAAH has taken the time to get to know community members like student leader Amyah Thompson and local artist and community leader Alejandra Guzman, who can both attest to GAAH’s increased focus on building trust through authentic relationships.

Amyah demonstrates a quiet confidence in her leadership and has felt empowered by GAAH, especially through programs like Girl’s Rock! Camp. “I always give my input because I really want this place

to be amazing,” she says. “They always do an amazing job at getting with the community and asking them what we need to change. Showing that they're asking that means that you can trust them and having good communication shows trust.”

Alejandra’s involvement with GAAH started when her daughters started going there and became student leaders. Now that they are grown, she is passionate about volunteering her time and passion to help and teach future leaders in her neighborhood. "For me, I can say they accept you how you are. Where you come from, don't matter. If you speak English, don't speak English, you’re welcome,” she says. “I have come here many times with many things going on in my life, and they always say, 'I welcome you here. What can we do for you?' It's so hard to have somewhere else, but we have here.”

– Steff Rosalez
“You can't hear someone fully unless you know them.
People have different signals and different ways of communicating and expressing their needs."

At African Resource Center, trust-based relationships and honoring the desires of community are especially important. The delicate nature of their work ranges across many immigrant experiences, often including various levels of trauma.

We have learned from Bernard Ayoola, ARC executive director, that trust comes in the form of relationship and collaboration. He says that funders need to come with the mindset of “I may have the financial resources, but you probably have some wisdom that you can share with me about your culture, about your values and things like that.”

“So when people come to us and say, we want to help you, and they show no interest in understanding the community or in understanding how to be part of the community, people now think, okay, you are just like a vendor, somebody selling some stuff, and then you go away,” Bernard says. “To build trust, and that's part of how we approach that at the African Resource Center you have to go into the community. There has to be a sense of ownership. That collaboration is very, very important. And I'm not saying that it is easy.”

There have been so many lessons from our community of partners that have shaped who we are today. As we step boldly into a new century of service and equitable impact, we are constantly reminded of one of the most important lessons we’ve learned from partners like Brandy, Steff, Amyah, Alejandra and Bernard: Doing things differently to bring about systems change may be hard and intimidating. But being open to change –taking time for self-reflection and taking action even when afraid – is transformational.

"Anyone can do it,” says Steff. "Take the time to process. Take the time to learn. There are so many resources out there. And I think that fear of getting it wrong or even saying something offensive, we've all done it. When I think of myself 15 years ago? Whew, I'm glad that's not on camera! But, it had to happen for things to get where they are now, just like with any learning journey.”

"I have come here many times with many things going on in my life and they always say, ‘I welcome you here. What can we do for you?’"

“To build trust, and that's part of how we approach that at the African Resource Center—you have to go into the community. There has to be a sense of ownership."

Bernad Ayoola Bernard Ayola

Bernard Ayoola Bernad A ola Ay

Bernard yoola Bernard Ayoola

– Bernard Ayoola

100 New Philanthropists

at Grand Rapids Community Foundation's Centennial Partner Party Bryant and Audrey Mitchell + Caitlin and Paul Townsend Lamb

A decade ago, Grand Rapids Community Foundation set out to usher in our centennial with a diverse group of donor and volunteer partners. These partners give their time, talent, treasure and testimony and have provided valuable feedback and direction with their individual and collective commitment to our community's future.

100+

members. We welcomed 111 donor partners to the program before beginning our centennial year celebrations.

of cohort members joined 100 New Philanthropists as new donor partners to the Community Foundation.

giving today. Collectively, 100 New Philanthropists have pledged gifts of more than $275,000 to the Community Foundation, based on a minimum commitment of $500 per individual or pair for five years.

organizations in Kent County benefit from the time and expertise of 100 New Philanthropists’ commitment as volunteers.

$1, 300,000

in total lifetime giving to the Community Foundation from all 100 New Philanthropist members.

We met our goal of one hundred new philanthropists— and they exceeded our expectations.
43% 155
$275,000+ Nearly
2021 - 2022 Annual Report | 19

Focused on the Future

Participant at Grand Rapids Community Foundation's

Community Listening Kickoff

Facing tragedy, hardships and insurmountable pain during a global pandemic and racial reckoning gave Grand Rapids Community Foundation a rare and precious opportunity to start anew and focus on the future. As we enter a new century of service and impact, our community deserves better than a continuation of what was. During our next century, the Community Foundation will build upon our strengths, intentionally integrate lessons learned from our community history, keep learning from our partners and lean further into our role as stewards of change in our community.

Who we are as a community foundation is still core— we aim to be adaptive and responsive to community needs. Our relationships will help us best respond to current pressing issues. Our partners help us to be more of who we have always wanted to be, the community’s foundation.

Calling for change

The best way we know to create greater impact is through relationships and deep partnerships, especially with those community members closest to the pain points in Kent County. Recently, the Community Foundation embarked on several projects to invite feedback. Some were broad reaching; others focused on specific topics. All the engagement opportunities were born from a desire to acknowledge harm and begin to repair relationships with historically excluded communities.

The Community Foundation knows we must work together to reinvest and reimagine how we move into our collective future, so everyone who calls Kent County home has safety, opportunity, prosperity and a true sense of belonging.

Before reaching out to community and asking for donations or thought partnership in return, some of our committees began to model the trust required for a reciprocal relationship between funders and the broader nonprofit ecosystem. Our Black Legacy and Somos Comunidad Fund awarded grant partnerships to local organizations to build relationships. While $126,000 in grant awards cannot erase a history of disinvestment, the committees felt it was important to demonstrate gratitude and offer something to organizations led by and serving Black and Latinx communities, before engaging in community listening. Then, these committees and Our LGBTQ Fund, another fund with a volunteer-led committee, intentionally engaged with communities they represent through feedback sessions to inform their grantmaking structures and policies moving forward. These engagements are not a single moment in our history, but rather demonstrate the posture of openness and adaptability the committees expect to ingrain into the fabric of the Community Foundation moving forward.

Our relationships will help us best respond to current pressing issues. Our partners help us to be more of who we have always wanted to be, the community’s foundation.
See more information about these funds on page 31.
2021 - 2022 Annual Report | 21

Listening to partners

Another group of partners who have been walking alongside the Community Foundation and challenging us to think about our future focus is our 100 New Philanthropists. These committed philanthropists have diverse perspectives yet share a common desire to make Kent County a thriving place for everyone. They hold a variety of passions and unique purposes but know that their collective impact can make a difference as we move forward together.

Lucy Dyer Joswick is one of those 100 New Philanthropists. For Lucy, committing to giving today and through a planned gift, volunteering and sharing her story was an easy yes. “I was really taught growing up that it is the social responsibility of all of us to take care of each other,” she said. “That’s how I think of philanthropy, whether it is giving your time or your money (if you have that to give).” Lucy trusts the Community Foundation to help her advance her personal interests, while also allowing her to be part of something bigger than her individual giving.

She is passionate about a balanced approach to philanthropy that meets the needs of smaller, emerging nonprofits and movements, while also supporting anchor organizations. Her vision for our community’s future is to see an equitable shift in resources and leadership. “When our destiny is not defined by our zip code, our race or our gender identity, then we all have similar access to opportunity and to making wealth,” she says. “But there are a lot of blockades that need to be knocked down that are not individual, but systemic.”

Community Listening Kickoff

Learn more about 100 New Philanthropists on pages 18-19. Panelists at the Community Foundation's

Learning from young leaders

As a leader, volunteer and activist Ermelinda Pedro uses her resources to connect those around her with the resources they need to thrive. As a junior at Michigan State University pursuing a degree in criminal justice and environmental health, she has pursued opportunities to empower students like her. Ermelinda helps plan an annual conference to bring awareness to Latinx communities, especially Latinas, where they talk abut health, education and community. She also provides welcome to other first generation Challenge Scholars attending MSU. Ermelinda is bringing awareness to new ways to make sure students can succeed.

“I just wish before I came here, I already knew what resources I had,” she says. Ermelinda reaches out to new students to make sure they know about financial resources, but also knows that their sense of belonging and community on campus is important. She is proud of her Guatemalan heritage and wants to make sure that students of color feel connected and welcomed when entering new environments. She lets them know, “I don’t know if you know any resources on campus, but here is how I found my home away from home.”

Ermelinda brings her experience as a volunteer on the Challenge Scholars Dream Fund Advisory Committee. She uses her perspective as a member of the first Challenge Scholars cohort and current college student to think about how the grant dollars and strategic approach will impact students.

Ermelinda believes that in the future the Community Foundation and the broader community should continue to focus on supporting students of color, especially in accessing opportunities for higher education. She challenges systems to think about dismantling barriers not just through scholarships but also in ways that support individual circumstances like students who want to support their families while pursuing a degree.

Voices like Ermelinda and Lucy’s encourage the Community Foundation to think about financial resources as well as opportunities to leverage additional resources. These resources include staff expertise, flexibility, community relationships and even vulnerability about the lessons we have learned in our 100-year history.

– Ermelinda Pedro
"I don’t know if you know any resources on campus, but here is how I found my home away from home."
2021 - 2022 Annual Report | 23

Casting a community vision

Throughout this centennial year, our community vision casting project has spread a wide net for inviting community feedback into our future. The Community Foundation has been gathering stories and aspirations to understand our community’s collective vision for the future of Kent County. This will inform our work in our next century of service and impact. One with a deeper, more sustainable commitment to racial, social and economic justice. One where everyone in our community has equitable access to opportunity, prosperity and belonging. One that is informed by the people who live, work, play and love here.

This process demonstrates one way we’re inviting more feedback and input directly from community members. The portal for casting vision statements is open through the end of 2022, but the posture of openness and receptivity is a practice we are cementing into our framework. The Community Foundation is humbly looking to the future, knowing that we will not always get it right, but hoping that community will join us and hold us accountable toward our future vision.

People from all over Kent County are invited to share their voice and vision for the future of our community. These visions will help inform the Community Foundation’s next century. Record your 100-second video by December 31, 2022, at GRFoundation.org/Vision.

Video not for you? Head to GRFoundation.org/Centennial for other ways to get involved with the community vision project.

24 | Grand Rapids Community Foundation
– Lucy Dyer Joswick
"I was really taught growing up that it is the social responsibility of all of us to take care of each other. That’s how I think of philanthropy."

Data and Financials

Donor Partnerships

All over Kent County, individuals, families, nonprofits, companies and communities are partnering with Grand Rapids Community Foundation to achieve their philanthropic goals. We are grateful for their trust and partnership. Through establishing funds, creating planned gifts and giving throughout their lifetimes, our donor partners are investing in today and looking to the future.

Learn more about how to support the causes you care most about at GRFoundation.org.

Somos Comunidad Fund established.

donor partners joined our Metz Legacy Society by including the Community Foundation in their will or estate plans or by creating a life income gift.

Gifts From Donor Partners

in new gifts from generous donor partners

of those new gifts went to Donor Advised funds

This community-led fund will invest in efforts toward the transformation of Latinx communities.
13 new funds established, each with its own purpose and meaning.
29
$25.4M
$13M
2021 - 2022 Annual Report | 27

Grant Partnerships

Grand Rapids Community Foundation allocates resources,

more about

and

initiatives and

partnerships that seek

justice in Kent County. Together with

to

to

them at GRFoundation.org/Grants.

Grants and Scholarships

implements
invites
to advance racial, social and economic
community partners, we strive to connect people, passion and resources
respond
community needs. Learn
our grant partnerships
how to apply for
$16.0M awarded in grants and scholarships 23% $3,626,051 awarded from Fund for Community Good and Field of Interest funds 48% $7,705,945 awarded from Donor Advised funds 20% $3,198,086 awarded from Designated, Agency + Special Project funds 9% $1,451,817 awarded in scholarships 28 | Grand Rapids Community Foundation

Grants Authorized

Unrestricted and Field of Interest Resources

Our grantmaking strategy prioritizes organizations that lead with equity and/or are led by people of color. We define led by people of color as: People of color are a majority in three or more of the following categories: founder(s), executive director, leadership team, board of directors, volunteers and staff. in unrestricted resources raised from gifts of 453 donor partners to support organizations who share our commitment to becoming actively anti-racist. of the $3.3 million in grants awarded through the Fund for Community Good Advisory Committee supported the work of organizations led by people of color. $3M 64%
Education $3,195,038 | 20% Engagement $4,072,907 | 25% Health $3,668,291 | 23% Neighborhoods $2,060,506 | 13% Scholarships $1,451,817 | 9% Economic Prosperity $847,541 | 5% Other $50,190 | 0% Environment $635,609 | 4% 2021 - 2022 Annual Report | 29

Scholarship Awards

in scholarships to Kent County students.

all scholarships awarded to first-generation students.

all scholarships awarded to students of color.

scholarship awards

Scholars awarded scholarship funds during 2021-2022

Challenge Scholars

of 2022

Scholars from the Class of 2022 are attending Grand Rapids Community College, Grand Valley State University, Western Michigan University and Michigan State University!

were eligible for four-year scholarships.

benefited from holistic supports made available through Challenge Scholars.

awarded
$1.45M scholarships awarded:503 of
of
67% 59% general
Challenge
425 78
Class
Challenge
48 students
189 seniors
30 | Grand Rapids Community Foundation

Catalyzing Community Giving

Through a grant award from the W.K. Kellogg Foundation, our Black Legacy and Somos Comunidad funds’ advisory committees are reimagining philanthropic relationships in our community and striving to build trust with communities they serve. In 2022, engagement sessions were held to invite feedback from community and inform future grantmaking strategies.

total was awarded to 20 organizations as relationship building grants from Black Legacy Fund.

introductory grants totaling $26,000 were awarded from Somos Comunidad Fund, including 10 grassroots groups who were not 501(c)(3) organizations and used fiduciaries.

of the groups funded by Black Legacy Fund and Somos Comunidad Fund were new grant partners with the Community Foundation.

for a grant co-investment from Black Legacy Fund, Our LGBTQ Fund and Somos Comunidad Fund was awarded to Urban Core Collective as the fiduciary to distribute to community organizers and activists working for justice for Patrick Lyoya. 61 individual community organizers were supported through these funds.

$100K
26 18
$15,000
2021 - 2022 Annual Report | 31

Financials

Grand Rapids Community Foundation’s permanent endowment enables us to respond to current community needs, while managing our long-term financial stability to address the ever-changing needs that will arise in our next century of service and impact. We are grateful for the generosity of donor partners who contribute their financial resources. As stewards of these resources, we are committed to long-term, risk-managed returns and spending practices that align with our commitment to racial, social and economic justice.

Assets By Fund Type

As of June 30, 2022

Unrestricted Funds

$110,260,128 | 28.5%

Donor Advised Funds

$108,050,874 | 27.9%

Designated and Nonprofit Funds

$48,595,771 | 12.6%

Field of Interest Funds

$46,810,992 | 12.1%

Asset Allocation Balanced Plus Pool

As of June 30, 2022

Scholarship Funds

$36,450,975 | 9.4%

Community Funds

$27,120,128 | 7.0%

Operating/Special Project + Initiatives/Building $9,809,771 | 2.5%

TOTAL ASSETS

$387,098,639 | 100.0%

Assets (Real Estate, Natural Resources, Infrastructure)

Global Fixed Income

Diversifying Strategies (Absolute Return)

7.2%
14.3%
Private Debt 2.1% Cash 3.2% Global Equity 67% Real
6.2%
32 | Grand Rapids Community Foundation

Percentage of Investment Portfolio Managed by

Enterprise Certified Managers

Vendor Spending 3 -Year Comparison

As of June 30, 2022
*Some businesses meet multiple classifications. Information is self-reported.
Minority/Women-Owned Business
2021 2020 2022 1% 1% 2% 22% 20% 16% 14% 14% 14% 44% 45% 44% 19% 20% 24% LGBTQ-owned Woman-owned Other Small BusinessPOC-owned 2022 47.5% 2021 29.6% 2020 3.8% 2019 3.3% 2021 - 2022 Annual Report | 33
Assets Cash and Investments, at Market Value $368,129,920 Beneficial Interests in Perpetual Trusts $1,963,632 Split-Interest Agreements Receivable $3,957,305 Gifts and Pledges Receivable $5,291,398 Notes Receivable $2,915,354 Property, Furniture and Equipment, Net of Accumulated Depreciation $3,092,228 Other Receivables $24,077 Reinsurance Contracts $827,620 Cash Surrender Value of Life Insurance $897,105 Total Assets $387,098,639 Liabilities and Net Assets Accounts Payable $110,763 Grants and Scholarships Payable $5,354,173 Charitable Gift Annuities Payable $1,585,366 Funds Held on Behalf of Nonprofit Endowments $20,290,694 Total Liabilities $27,340,996 Total Net Assets $359,757,643 As of June 30, 2022 Statement of Financial Position 34 | Grand Rapids Community Foundation

Statement of Activities

As of June 30, 2022

Revenues and Gains/(Losses)

Contributions $25,431,776

Investment Income/(loss) Net of Fees ($43,355,817)

Change in Fair Value of Charitable Gift Annuities and Split-Interest Agreements ($1,028,094)

Add: Amounts Allocable to Nonprofits $746,252

Total Revenues and Gains/(Losses) ($18,205,883)

Grants and Expenses

Grants and Scholarships Authorized $15,981,899

Community Initiatives and Fund Program Expenses $266,127

Charitable and Philanthropic Expenses $2,047,376

Other Operating Expenses $3,217,829

Less: Amounts Allocable to Nonprofits ($471,671)

Total Grants and Expenses $21,041,560

Change in Net Assets ($39,247,443)

Net Assets, Beginning of Year $399,005,086

Net Assets, End of Year $359,757,643

Audited financials have been given an unmodified opinion by our auditors Plante & Moran PLLC. If you would like a copy of the full audit, please call Grand Rapids Community Foundation at 616.454.1751 or visit our website GRFoundation.org/About.

2021 - 2022 Annual Report | 35

Fund Listing

Community Funds

Cascade Community Foundation Fund

Joyce and Tom Wisner Fund East Grand Rapids Community Foundation Fund

Hudsonville-Jenison Community Foundation Fund

Hudsonville-Jenison Community Foundation - Youth Fund

Wayne D. Jones Community Fund

Gordon Scripps Fund

Katherine and Olivia Veldink Memorial Scholarship Fund

Ionia County Community Foundation Fund

Belding Area Community Fund*

Belding Education Fund

Alvah N. Belding Library Fund

Belding Schools Fund

George H. Bird Scholarship

Burger Fund

Frost Renaissance Foundation Fund

Don and Emma Goodell Scholarship Fund

Thomas F. and Rosalyn M. Kohn Scholarship

The Belrockton Fund

William and Jewel Eckstrom Helping Hand Fund

Healthy Youth & Healthy Seniors Fund

Ionia County Community Foundation - Youth Fund

Ionia County Parks Preservation and Maintenance Fund

Ionia Free Fair Fund

Ionia Public Schools Scholarship Fund

Lakewood Educational Foundation Fund

Paul and Alberta Allen Scholarship Fund for Lakewood High School

William R. and Jewel H. Eckstrom Future Teachers Scholarship for Lakewood High School

Chuck Henney (husband of Pam, son of Wayne and Dorothy) Memorial Scholarship Fund

Ward and Elaine Van Laanen Teaching Scholarship for Lakewood High School

Bea McCarty Family Fund

James and Teresa McCarty Family Fund

Kenneth and Shirley Morris Memorial Scholarship Fund

Dolly Parton Imagination Library Fund – ICCF

Patricia L. Bradley Fund

Portland Community Fund

George W. Romney Fund - Enrich of Ionia County Volunteer Center

Saranac Community Schools

Paul and Alberta Allen Scholarship Fund for Saranac High School

Edwin A. and Maxine Cahoon Compagner Memorial Fund

Thomas P., Della and George Eddy Scholarship Fund

Saranac Community Schools Promise Scholarship Fund

Saranac Community Schools Scholarship Fund

Rob and Ruth Simmons University of Michigan Scholarship Fund

Ben A. & Lucy C. Simons Memorial Education Fund

W. W. Sprague Family Fund

Ronald and Margaret Story Fund Swartz Family Fund

The Lowell Area Community Fund

Sparta Community Foundation Fund Glenn S. Bradford Fund

Clare and Helen Finch Fund

Paul C. and Inez L. Miller Fund

Sparta Community FoundationYouth Fund

Wyoming Community Foundation Fund

Tommy Brann Fund

John and Margaret Kuiper Family Fund Matthew Scothorn Memorial Fund

Wyoming Community FoundationYouth Fund

Designated and Nonprofit Funds

Actors’ Theatre Company Endowment Fund

Alano Club of Kent County Endowment Fund

American Red Cross Agency Endowment Fund

Anonymous Funds (4)

2021-2022 Donor Partnerships 36 | Grand Rapids Community Foundation

Arbor Circle Endowment Fund

Aquinas College Frey Scholars Fund

The Arc Kent County Endowment Fund

John Arnold Endowment Fund for Feeding America West Michigan Food Bank

Association for the Blind and Visually Impaired Endowment Fund

Association of Fundraising Professionals West Michigan Chapter Fund

John Ball Zoological Society Wildlife Conservation Endowment Fund

Frank and Ann Battistella Grand Rapids Art Museum Fund

Baxter Community Center Endowment Fund

August and Anna Behrens Fund for Girl Scouts of Michigan Shore to Shore

Melinda M. Bendall Domestic Cat Benefit Fund*

CASA of Kent County Endowment Fund

City of Belding Park Maintenance Fund

Lois A. Birch Kalman Fund

D. A. Blodgett - St. John’s Endowment Fund

D. A. Blodgett - St. John’s Scholarship Fund

Estate of Minnie C. Blodgett for Clinic for Infant Feeding

The Ivan K. Blough Greater Lowell Chamber Foundation Scholarship Fund

Calvin College Service Learning Center Fund

Camp Blodgett Endowment Fund

Camp Fire - Harriet D. and Mary Dively Fund

Camp Fire – WoHeLo Fund

Camp Henry Endowment Fund

Catherine’s Health Center Fund

Cedar Springs Education Foundation Fund Center for Community Leadership Fund

Cherry Health Fund

Children’s Advocacy Center of Kent County Endowment Fund

Christian Rest Home Foundation Fund

City of Grand Rapids Affordable Housing Fund*

Comprehensive Therapy Center Endowment Fund

Dr. Edwin P. and Florence H. Creaser Fund

Rita Didrichsons Fund*

David G. Dvorak, MD Scholarship Fund

Dwelling Place Fund

The Economic Club of Grand Rapids Endowment Fund

George E. and Erma C. Evans Designated Fund for the Salvation Army

Festival of the Arts in Grand Rapids Fund

Gerald R. Ford Council Boy Scouts of America Fund

Frey Foundation Grand Rapids Symphony Endowment Fund

Edward J. Frey Junior Achievement Fund

Edward J. & Frances T. Frey Memorial Fund for St. Mark’s Episcopal Church

Friends of Grand Rapids Parks’ Park Maintenance and Improvement FundJoe Taylor Park

Friends of Grand Rapids Parks’ Park Maintenance and Improvement FundPleasant Park

Girls Choral Academy Endowment Fund

Godwin’s Golden G, Inc. Education Fund

Grand Rapids Adventist Academy Merit Fund

Grand Rapids Ballet Agency Endowment Fund

Grand Rapids Chapter of the American Guild of Organists Endowment Fund

Grand Rapids Children’s Museum Fund

Grand Rapids Civic Theatre Endowment Fund

Grand Rapids Jaycees Foundation

Douglas B. Wicks Fund

Grand Rapids Lions Club Activities Commission Fund

Grand Rapids Maya Lin “Ecliptic” Art Maintenance Endowment Fund

Grand Rapids Public Library Foundation Fund

Grand Rapids Symphony Foundation Endowment Fund

Grand Rapids Symphony Mosaic Scholarship Fund

Grand Rapids Youth Commonwealth Endowment Fund

Grand Rapids Youth CommonwealthHarry Dolan Camp O’Malley Scholarship Fund

Grand River Conservation Easement Stewardship Fund

Grandville Athletic Boosters Endowment Fund

Grandville Calvin Christian Schools Foundation Fund

GROW Bonnie Miller Endowment Fund

Guardian Angel Homes Fund for People with Disabilities

Habitat for Humanity of Kent County Endowment Fund

Karl Hascall Variety Club Fund

Home Repair Services Endowment Fund

Hudsonville Christian School Foundation Fund

*New fund fiscal year 2021-2022

Humane Society of West Michigan Agency Endowment Fund

Humane Society of West MichiganElsie Eggebrecht Fund

Humane Society of West Michigan - Clarence and Catherine Thielman Endowment Fund

Allen I. and Helen J. Hunting Research and Innovation Fund for the Grand Valley State University, Robert B. Annis Water Resources Institute

Allen I. and Helen J. Hunting Reserve Fund to Support River Restoration

Indian Trails Camp - Cabin Fund

Indian Trails Camp - Paul Clark Blanding Memorial Scholarship Fund

Indian Trails Camp Endowment Fund

Jenison Christian School Endowment Fund

Jenison Public Education Foundation Fund

Laureen Kennedy Child Care Fund

Kenowa Hills Education Foundation Fund

Kent County Agricultural Preservation Fund

Kent District Library Fund

Hoyt Edward and Mary Ann Kremer Memorial Fund

Ladies Literary Club Fund for Literacy Center of West Michigan

LCTV Endowment Fund

Look Memorial Fund

Lowell Area Historical Museum Endowment Fund

Lowell Area Schools Education Foundation Endowment Fund

William S. Martens Hundred Club Fund Mary Free Bed Rehabilitation Hospital Barbara Hoffius Pediatric Fund

Ronald McDonald House Fund

Mental Health Foundation of West Michigan Fund

Leonard and Eileen Newman Designated Fund

Noorthoek Academy Endowment Fund

Northview Education Foundation Endowment Fund

Opera Grand Rapids Fund

Opera Grand Rapids Fund - Betty Van Andel Fund

Padnos Family Temple Emanuel Fund for Cantorial and Education Services*

Parkinson’s Association of West Michigan Endowment Fund

Rosa Parks Sculpture Maintenance Fund

Pilgrim Manor Endowment Fund

Charlotte M. Raniville Fund for the Benefit of Mary Free Bed Guild

Retired and Senior Volunteer Program (RSVP) Fund Rochelle Rollenhagen Endowment Fund for Lamont Civic Association

George W. Romney Fund - Heart of West Michigan United Way Volunteer Center

Rotary Club of Lowell Foundation Fund

Charles L. and Stella A. Royce Fund for the benefit of St. Cecilia Music Society

Safe Haven Ministries, Inc. Endowment Fund

St. Cecilia Music Society Building Endowment Fund

Senior Meals on Wheels of Western Michigan Fund

Senior Neighbors Agency Fund

Senior Neighbors Fund

Douglas Leon Spalding Memorial Fund

Spirit of Solidarity Fund

Nellie H. Stevens Grand Rapids Teachers’ Travel Fund

Kathryn and Dennis Sullivan Charitable Fund

The Kathy Timmer Specialized Language Development Learning Center Memorial Fund

Unity Christian High School Education Support Fund

Wege Wealthy Theatre Fund

West Michigan Center for Arts and Technology Fund

West Michigan Dental Foundation Fund

West Side Christian School Fund

Widowed Persons Service Fund

Women’s Resource Center Founder’s Circle Endowment Fund

World Affairs Council of West Michigan Endowment Fund

Wyoming Public Schools Educational Fund

YWCA Women and Girls Development Fund in Honor of Judy Lloyd

Donor Advised Funds

The ACH Fund

Martin J. and Susan J. Allen Family Fund

Robert N. and Catherine R. Alt Family Fund

Andrulis Family Fund

David G. and Mary L. Annis Family Fund

Advised Funds (9)

Familia de Baker-Reyes Foundation Fund

James and Shirley Balk Family Fund

and Melissa Balk Family Fund

The Banks Family Charitable Fund

Kip and Chris Barber Fund

Robert and Mary Barss Fund

Laurie Finney Beard Family Fund

R. Bertsch Fund

John and Claire Bissell Advised Fund

Matthew and Vicki Bissell Advised Fund

and Betsy Borre Fund

Bjork Bradford Donor Advised Fund

Anonymous
La
Martin
John
Glen
38 | Grand Rapids Community Foundation

John and Thea Brophy Family Fund

The Moore Brower Charitable Fund

Troy and Jennifer Butler Family Fund

The Butts Fund*

Allan R. and Claudia A. Carlson Advised Fund

David M. and Cara V. Cassard Fund

Center for Systemic Change Advised Funds (2)

Chardoul Family Giving Fund

Chris-Tina Fund

Roger and Sally Ciapara Donor Advised Fund

Colliers International Fund

Fred G. and Kathy A. Cook

Peter C. and Emajean Cook Fund

Richard C. and Shirley E. Cooper Advised Fund

Courtade-DeLessio Family Fund

Crawford and Laurie Craft Family Fund

Robert and Julia Currier Family Fund

Patrick and Nanci Dalton Family Fund

Darooge Family Charitable Fund

Mary and Bob Darrow Fund

Robert J. and Katherine M. Daverman Fund

DCB Family Fund

Douglas DeBoer Memorial Fund

Eleanor Hager Defoe Fund

DeLapa Family Fund

Elizabeth Tinney Donley Fund

Beth Dornan Family Fund for Good*

Dyer-Ives Neighborhood Fund

The Ebenezer Fund

Dave and Amy Engbers Family Foundation Fund

Engen Family Fund

Gail and James Fahner Family Fund*

Michael and Valerie Feehan Fund

Gerald and Jane Feldman Family Fund

First National Bank of Michigan Charitable Fund

Ruth D. Fitzgerald Charitable Fund

Flowerland Fund

Fortunate Fund

Founder’s Fund

Tom and Mickie Fox Family Advised Fund

The Freihofer Family Fund

Frey Foundation Fund I

Frey Foundation Fund II

Charles R. and Bette Fuller Family Fund

Furniture Manufacturers’ Heritage Advised Fund

C. John Gill and Rita Williams Family Fund

Richard and Elizabeth Gillett Family Fund

Gene and Tubie Gilmore Fund

Bing and Jean Goei Family Fund*

Greenridge Dream Team Foundation Fund

Jamie Hale Memorial Fund

Hascall Family Donor Advised Fund

Janet A. Haynes and Kelsey Haynes Advised Fund

Hebrews 13:16 Fund

Heerspink Family Advised Fund

The David and Cathy Heldt Charitable Fund

Michael and Kate Herrema Foundation Fund

The Heuschkel Family Fund in Memory of Emilie

Beverly and William Heyne Fund

Hildenbrand Community Fund

Stuart and Barbara Hoffius Family Fund

Thomas E. and Geraldine K. Hogan Fund

Earl and Donnalee Holton Advised Fund

Ken and June Holtvluwer Fund

Doug and Peggy Hoogerhyde Fund

David and Marilyn Hunting Fund

Margaret P. Idema Fund

William and Beatrice Idema Fund

J & N Fund

Holly Cope Jacoby Fund

Mike and Sue Jandernoa Advised Fund

JCT Donor Advised Fund

Sarah and Mike Julien Fund

Andy and Christina Keller Fund

Linn Maxwell Keller Donor Advised Fund

Keith and Kathryn Klingenberg Family Fund

Herbert and Glenna Knape Family Fund

John and Melinda Kopec Fund

David and Phyllis Koslow Fund Matthew Kutsche Memorial Fund Lafayette Fund

Bill and Karen Lawrence Family Fund*

Norm and Marilyn Leven Family Fund

LGR Sweeter Impact Fund

Loeks Family Funds (10)

Andy Lubbers Be NICE Memorial Fund

Andy Lubbers Memorial Fund for Mental Health

Dr. Jack and Katy Lukens Family Fund

Judson M. and Lynn E. Lynch Family Advised Fund

Eugene G. and Jean P. Lyons Family Fund

M & M Fund

Patricia A Macholan and Thomas R Macholan Fund*

*New fund fiscal year 2021-2022

2021 - 2022 Annual Report | 39

The Mackay Charitable Fund

Malcolm/Magolan Family Fund

Mankoff Family Fund

Chester and Elaine Maternowski Family Fund

Barbara Mayo-Johnson Donor Advised Fund

Ray McCahill Family Fund

John R. and Betsy W. McIntyre Family Fund

McKania, Too Fund

Kendall Meijer Charitable Fund Liesel Litzenburger Meijer Fund

W. Miller and Susan L. Wright-Miller Fund

C. and Inez L. Miller Fund

S. Mitchell Donor Advised Fund

Gordon and Janet Moeller Fund

Aaron and Cheryl Molhoek Family Fund

Family Advised Fund

H. & Nancy A. Moran II Fund

Dick and Barb Musser Family Fund

Robert and Patricia Muth Fund

The Myers Family Fund

and Liza Nedd Family Fund

Ogland-Hand Family Fund

Terrence and Maureen O’Rourke Fund

and Susan Oumedian Family Fund

Patricia P. and Armen G. Oumedian Family Fund

Louis Padnos Iron & Metal Company Fund

Fund

Paine and McGovern Family Fund

Chris and Joan Panopoulos Family Fund

Avenue Partners (2)

James and Linda Payne Family Foundation Fund

Memorial Fund

and Sara Peterson Family Fund

Virgil and Louise Phelps Advised Fund Pimm Donor Advised Fund

Jeff and Julia Poole Family Fund

Brent & Page Rector Charitable Fund

and Mike Redman Family Fund

Richenthal and Sage Family Fund

Rimbaud Fund

Leonard and Karen Rinke Fund River City Fund

Family Fund

Richard Roane and Leandro Robles Families Donor Advised Fund L.R. and Marjorie Roegge Donor Advised Fund Dr. Jack and Lija Romence Children’s Fund

Michael and Christina Rosloniec Family Fund

Roth Family Fund

Charles and Stella Royce Fund for the Arts E. Alan Rumbaugh Advised Fund S. Kaibab Fund

Sadler Family Fund

Angela Schipper Fund

The Sebastian Foundation Fund* Skoog Rogers Fund*

Jack Jr. and Lori Skoog Family Fund II

Nancy and Doug Slade Dynamic Donor Advised Fund

Sligh Memorial Fund

Richard E. Smoke Advised Fund Dr. Lisa Sostecke Fund

William E. and Norma Sprague Charitable Fund N. Jene Stella Memorial Fund

George Stoutin and David Heilman Fund

The Supp Family Donor Advised Fund

Dr. Alfred B. Swanson and Dr. Genevieve de Groot Swanson Advised Fund

Arvin L. and Pearl M. Tap Fund

Bradley J. and Jennifer J. Taylor Family Fund

Mike and Sue Taylor Fund

Steele A. and Mary D. Taylor Advised Fund

Timothy Fund

Wayne Titche Fund

Colleen and Bob Tobin Family Fund Daniel and Alice Trapp Family Advised Fund

Jeff and Margaret Tuori Family Fund Anne Heyboer Vander Heide Fund

Simon and Mary Vander Kooy Fund

Roger and Jacquelyn Vander Laan Family Fund

Stan and Jackie Vander Roest Fund

James and Almeda Vander Waals Foundation Fund

Andy and Tracy Van Solkema Family Fund

John and Sue Walton Fund

Warner Norcross & Judd Fund

Waters Corporation/Cassard Family Donor Advised Fund

Wellcome Opportunity Fund

Rapids

Daniel
Paul
Kim
Moore
Louis
C.
Khan
Daniel
Padnos/Sarosik
Park
Peterson
Dan
Betsy
Roach
40 | Grand
Community Foundation

West Michigan Edward Jones Foundation Fund

Robert and Deborah White Fund

Whitsett Family Fund

W.K. Kellogg Foundation

Trustee Donor Advised Funds (2)

Kate Pew Wolters Fund

Wood/Willey Family Fund

Kevin Yon Creative Fund

Dick and Barbara Young Fund

Zack Family Fund

Field of Interest Funds

Kathryn L. Adamson Fund for Children

Kathryn L. Adamson Fund for the Elderly

George M. Ames Fund

Lucy E. Barnett Trust for the Elderly John, Margaret and Maryellen Berry Fund

Black Legacy Fund

The Jubilee Fund in Honor and Memory of Ardie Lee Burger, Sr.*

Louise J. Johnson Fund

Gordon and Mary Bowman Fund

Armand F. and Gretchen B. Burch Fund

Cherry (Mrs. James) Carpenter Fund for Children

Challenge Scholars Funds

James and Shirley Balk Family Fund for Challenge Scholars

Molly Bradshaw Fund for Challenge Scholars

Hill Machinery Fund for Challenge Scholars

David B. and Susan D. Lipner Fund for Challenge Scholars

John & Suzie Mackeigan Fund for Challenge Scholars

Armen Oumedian Challenge Scholars Fund

David and Kay Wagner Fund for Challenge Scholars

Kenneth H. and Margaret L. Childs Fund for Education

Bruce Alexis Cornelius Memorial Fund for Mental Health Agencies

George M. and Lucinda Ann Edison Memorial Trust Fund

Emma Sherwood Evans Trust Fund

Charles Evenson Fund for the Environment

William S. Folz Fund for Cancer Research

Fund for Arts and Social Engagement

Fund for Economic Prosperity Fund for Education

Alicent Epps Jasperse Memorial Fund for Academic Achievement Fund for the Environment Fund for Health

Fund for Neighborhoods

Healthy Youth & Healthy Seniors Fund

Cecilia Hoagland Fund for Local Veterans

Arthur H. Holmes Handicap Fund

Homeless Prevention Endowment Fund

Mary I. and David D. Hunting Family Fund

Hydro-Chem Systems Fund for Children*

Elizabeth J. Steed Johnson Fund for Healthcare and Community Health

Ken, Melinda and Andrew Krei Youth Fund

Ladies Literary Club Fund for Literary Arts

Dr. Sandra Last Challenge Scholarship*

Duncan Littlefair Literary Fund for Children

The J. Leslie Livingston Memorial Fund

William H. and Inetta P. Martindill Fund

Robert D. Mieras Fund for Dance and Music

Gordon and Janet Moeller, Food Security Fund

Needy Children Field of Interest Fund

Norma Olsen Fund for Abused Children

The George and Kaye Wilsted Fund for Children

Leonard and Eileen Newman Fund for the Arts

Our LGBTQ Fund

Balas Sellman Fund

The Dunes Resort Fund

Estate of Annette Richards

Martin and Eileen Shedleski Family Fund*

Somos Comunidad Fund*

Kathryn and Dennis Sullivan Charitable Fund

SVI - Social Venture Investors Fund

Kenneth M. Sweers Fund for the Homeless

Patricia Haan Timmer Fund for Downtown Charities

Youth Enrichment Fund* Youth Field of Interest Fund

Operating/Special Project Funds

Administrative Fund

Charitable Gift Annuity Funds (37)

Tom and Mickie Fox Building Endowment Fund

Grand Rapids Community Foundation Reserve Fund

Special Project Funds Building Campaign Fund

Catalyzing Community Giving

*New fund fiscal year 2021-2022

2021 - 2022 Annual Report | 41

Challenge Scholars Dream Fund

Kent County COVID-19 Recovery Fund

Nonprofit Technical Assistance Fund

Rosa Parks Sculpture Project

Scholarship Funds

Altrusa Scholarship Fund

Anonymous Scholarship Funds (3) Arts Council of Greater Grand Rapids Scholarship Fund

Noyes L. Avery, Jr. and Ann E. Avery Scholarship Fund

Black Men Building Resources Scholarship Fund

Phil Pearson Fund

Geraldine Geistert Boss Scholarship Fund

Fred, Miriam, Bob, and Fritz Briscoe Scholarship Fund

Harry J. Brown and Lucille B. Brown Scholarship Fund

Orrie and Dorothy Cassada Scholarship Fund

Llewellyn L. Cayvan String Instrument Scholarship Fund

Aim High Jerry Clay Scholarship Fund

Thomas D. Coffield Scholarship Fund

Paul Collins Scholarship Fund

Rosemary Cook Education Scholarship Fund

Gerald M. Crane Memorial Music Scholarship Fund

Darooge Family Scholarship Fund

Achille and Irene Despres, William and Andre Scholarship Fund

Donald J. DeYoung Education Fund

Edwin F. Doyle Scholarship Fund

Economic Club of Grand Rapids Scholarship Fund

George and Louise Egeler Fund Supporting YESP

Bob and Aileen Elliott Scholarship Fund

Virginia Valk Fehsenfeld Scholarship Fund

FredK Scholarship Fund*

Melbourne and Alice E. Frontjes Scholarship Fund

Carolyn Gallmeyer Fund Mathilda Gallmeyer Scholarship Fund General Scholarship Fund

Grand Rapids Chamber ATHENA Eileen DeVries Scholarship Fund

Grand Rapids Combined Theatre Scholarship Fund

Grand Rapids Scholarship Association Fund

Grand Rapids University Prep Founders’ Scholarship

Hackett Family Scholarship Fund

Guy D. and Mary Edith Halladay Trust Fund

Hill Machinery Fund for Technology Scholars

Donald and Florence Hunting Memorial Fund

The Jack Family Educational Fund John M. and Alicent Epps Jasperse Scholarship Fund

Camilla C. Johnson Scholarship Trust Fund

Vivian M. Kommer Scholarship Fund

Ladies Literary Club Scholarship Fund

Lavina A. Laible Scholarship Trust Fund

Stephen D. Lankester Scholarship Fund

Sherman L. and Mabel C. Lepard Scholarship Fund

Norm and Marilyn Leven Challenge Scholars Fund

Lobbestael Frederick Family Scholarship Fund*

Dr. Jack and Katy Lukens Family Scholarship Fund

John T. and Frances J. Maghielse Scholarship Fund

Horning Marshall Scholarship for the University of Michigan

Miller Johnson West Michigan Diversity Scholarship Fund

The Joshua Esch Mitchell Aviation Scholarship Fund

Robert L. and Hilda Treasure Mitchell Scholarship Fund

Harry J. Morris Jr. Emergency Services Education Scholarship Fund

NAIFA West Michigan Scholarship Fund Dr. Patricia E. Newby Close Up Scholarship Fund

Northouse Nursing Scholarship Fund

Peggy (Kommer) Novosad Scholarship Fund

Olson Family Scholarship Fund

Armen Oumedian Challenge Scholars Fund

Forrest Arthur Pletcher Memorial Fund

Pullen/Lambers Family Memorial Scholarship Fund

Armando “Frank” Quaglia Veterans Scholarship

Reach for Your Goal Scholarship Fund

Josephine Ringold Scholarship Fund

David and Laurie Russell Family Scholarship for Habitat for Humanity of Kent County Families

Alan R. Ryan Scholarship Fund

Margery J. Seeger Scholarship Fund

Ronald T. Smith Family Scholarship Fund

Gladys A. Snauble Scholarship Fund Christine Soper Scholarship Fund

Dr. William E. and Norma Sprague Scholarship Fund

Dorothy B. and Charles E. Thomas Fund in support of the Ringold Scholarship

Dorothy J. Thurston Scholarship Fund

42 | Grand Rapids Community Foundation

TowerPinkster Grand Rapids Public Schools Scholarship Fund

Mildred E. Troske Scholarship Fund

Trust of the GR Federation of U of M Alumnae Club

University of Michigan GR Alumnae Trust Scholarship Fund

Gretchen Slack Appelt and Doris Ann Slack Scholarship Fund

Margaret Appelt Kerr Fund

Meta Prange Murphy/Lucille Prange Fund

Rosemary Scott Fund

Keith C. VanderHyde Scholarship Fund

Roger and Jacquelyn Vander Laan Family Scholarship Fund

Jacob R. and Mary M. Van Loo; Lenore K. Van Loo; and Anne Van Loo Eldred Scholarship Fund

Chad Vollmer Scholarship Fund

Kenneth Vonk Fund

Warner Norcross & Judd Scholarship Fund

Donald M. Wells Scholarship Fund

Elmo Wierenga Ottawa Hills Alumni Scholarship Fund

Walter C. Winchester Scholarship Fund

Michael J. Wolf Scholarship Fund

Dr. Richard J. Woltersom Medical Scholarship Fund

Violet Wondergem Health Science Scholarship Fund

Audrey L. Wright Scholarship Fund

Youth Enrichment Scholarship Program

Bob Zylstra Science, Technology and Engineering Scholarship*

Unrestricted Funds

Fund for Community Good

Lynne M. Black Fund

Joy A. Brown-Baker Fund

Laurie and Crawford Craft Family Fund

Tom and Jan Czerney Fund

Norman and Mary De Graaf Fund

William and Patricia Edison Fund

James and Bebe Glerum Fund

Eleanore and Robert Howieson Fund

Miner S. and Mary Ann Keeler Fund*

Tom and Sally Kyros Fund

The David B. and Susan D. Lipner Fund

Malcolm/Magolan Family Fund*

Ernest & Lorraine Malkewitz Fund

Marjorie and Robert Neubig Fund

Judge W. Baldwin Ogden and Judy Ogden Fund

Martha J. Porter Fund

Roth Family Fund for Community Good Robert and Claire Schaefer Fund

Schaub Family Fund

Diana Sieger Leadership Fund

Elmer and Mable Slemons Fund

Bill and Barbara Van’t Hof Fund

Theodore J. Vogt Fund

Contributions Receivable (split-interest)

John H. and Nancy L. Batts Trust, Edwin R. Hondelink Trust, Clare and Grace Jarecki Trusts, Ben Lee Jr. Estate, Robert D. Mackey Trust, Millard M. Moore and Viola M. Moore Trust, C. Allen Payne Trust, Robert O. Powell Trust, Theodore R. Schoonbeck

Family Trust, Dorothy J. Thurston Trust, Herbert E. Thurston Family Trust, Waddell-Cioni Trust

Marian A. Aldrich Fund

American Box Board Community Fund

Gasper J. Amodeo Fund

Employees of Autocam Fund

Janet E. Berg Fund*

Thomas and Vita “Vickie” Bergers Community Fund

John W. and Margaret Bertsch Fund

Ken Betz and Pat Brewer Fund

Anna Bissell Charity Trust Fund

James and Margaret Black Estate

Edward H. Blickley Fund Harvey and Margaret Brower Fund

Orville and Jean Bulman Estate

Allan and Claudia Carlson Family Fund Olga H. Cassard Fund William J. Chaille Fund

Eugene D. Conger Fund

Louis A. Cornelius Trust Dallas and Helen Darling Fund

Cornelia De Fouw Fund

Rafael O. Diaz Fund

Max H. and Lois Doering Fund

George and Louise Egeler Fund

Robert L. and Gloria M. Ellcey Fund

Engineered Protection Systems Fund Diane S. Farage Fund

Fishell Fund

Henry A. Fox Family Fund

Mr. and Mrs. David G. Frey Fund

Jim McKay and Twink Frey Fund Mrs. L. C. Gardner Fund Kenneth and Christina Gilchrist Fund C. John Gill and Rita Williams Fund

Carol E. Greene Fund for Community Good Chester A. Hall Fund

Leon W. Hall Fund

*New fund fiscal year 2021-2022

2021 - 2022 Annual Report | 43

Stanley C. Hall Fund

Bill and Claudia Hardy Fund

Haslinger Family Fund

Minnie E. Haven Fund

Janet A. Haynes Fund

Elizabeth Herkner Fund

Edward M. Herpolsheimer Fund

Karl E. Herpolsheimer Fund

Dirk and Victoria Hoffius Fund

Orianna D. Hooker Fund

Arthur J. and Sue H. Hoover Fund

Robert and Adelaide Hoover Fund

Allen I. and Helen J. Hunting Fund

Walter D. Idema Charitable Trust

Walter D. Idema Fund

Jabin Family Fund

Clare and Grace Jarecki Fund

Elizabeth J. Steed Johnson Trust

Ruth Jones Hairston Fund* Kent Charitable Fund

William E. and Sue Kincaid Fund

Mary Jane Kirchgessner Trust

Jane and Sam Kravitz Fund for Community Good

Robert J. Kulms Trust

James and Mary Jane Lamse Fund

Perry M. and Hazel A. Lawr Fund

Ben H. Lee, Jr. Fund

Harvey E. Lemmen Fund

Clara T. Limbert Fund

Gertrude Lindberry Fund

Charles W. Loosemore Fund

Dr. Jack and Katy Lukens Fund

Hale J. Mackay Fund

Allen S. & Barbara P. Marcus Fund

Glen C. Mason Fund

Geraldine F. Masters Fund

Mr. and Mrs. Edward C. McCobb Fund

Isabel McLeod Fund

Frank H. and Virginia L. Merlotti Fund

George and Mary Metz Charitable Fund

Bonnie Miller Community Fund*

Mary D. Morman Trust

Estate of Melanie L. Muir

Estate of Dr. Clifford T. Nelson

Nordic Fund

Francis J. O’Connor Fund

Jackman and Helen Palmatier Fund

Mary I. and Robert C. Pew Fund

Chalmers and Esther Quaintance Fund

Charlotte M. Raniville Fund

Eleanor J. Roberts Fund

Leonard and Dora Rosenzweig Fund

Theodore R. and Caroline Schoonbeck Fund

Grace L. Schouten Memorial Trust Fund

Willard and Barbara Schroeder Fund

Schuil Family Fund

Margery Seeger Fund

Erin Slade Memorial Fund

Estate of Isabelle and Herman Slanger

Eileen Slootmaker Fund

Mary A. and Lenore G. Smith Fund

Marvin Stahl Fund

Paul L. Steketee Fund

Graham F. “Deck” and Ruth B. Stewart Fund

Joseph and Helen Tulos Fund

Adrian Van Daalen Fund

James R. Van Vulpen Fund*

Earle Vande Poel Charitable Fund

The Vander Beek Family Fund

Keith C. VanderHyde Fund

Biem H. and Irene G. Vandermass Fund

Herbert and Doris Vander Mey Fund for Community Good

Englebert J. and Lelah Sexton Vogt Trust

Estate of Ralph A. Voigt

Jeanette Shelly Warner Fund

John C. Whitcomb Fund

Marion Stuart White Fund

Mary K. White Fund*

Estate of Zoe F. Whitworth Trust Mrs. Imogene W. Wickett Fund

Arthur D. Wolf Foundation Trust

Charles D. and Irene A. Worden Fund

Estate of Curtis M. Wylie George L. and Esther B. Young Trust

*New fund fiscal year 2021-2022

44 | Grand Rapids Community Foundation

Memorial, Honor and Estate Gifts

Gifts In Memory of

Estate Gifts

Gifts In Honor of Sam Carbaugh Holly Cole Customers and staff at nearby Columbia Sportwear Stores Paul Cook and Andy Brookhouse Grand Rapids Community Foundation staff Ionia Community Library staff Janis Lunquist Barbara P. Marcus Charles F. Pletcher Alan R. Ryan and Margaret Ryan Linda Samuelson Eugene Sueing Erika VanDyke Lynn Warshaw and Vicki Esch Rachael Wingo and Stacy Snider wedding
As of June 30, 2022
Roberta Alexander Barbara Anderson A. Arnold David Balas A.J. Birkbeck Glen V. Borre Emily L. Campbell Paul Clark Patricia DeLano Richard DeLano Beverly A. Drake John Edison Patricia H. Edison Lucille Goldberg Finn Otis N. French Edward J. Frey Jr. Chet Hall Richard and Eleanor Hemenway Robert W. Hendrickson Janet M. Janei Edgar Hare Johnson Virginia Kiel Matthew Kutsche Mary B. Lindsay John H. Logie Andy Lubbers Kevin Martens Bernadine Martin Ray McCahill James E. McCarty James C. Norman Rex O’Connor William B. Ogden Esther Roth Padnos John H. Pimm Betty Jane Pletcher and Forrest A. Pletcher Roberto Saenz David P. Schroeder Peter M. Sears Mary L. Smith Parker Spindle Paul Sterenberg H. Monroe Taliaferro Jr. Stu Van Dyke Marianne Veit Katherine and Olivia Veldink Bill Waring Sallie S. Warner Kevin Yon Carolyn Zank We recognize the following people in whose honor or memory gifts to Grand Rapids Community Foundation were made.
Each year, people we know and love pass away, but our memories and their legacies remain with us. Grand Rapids Community Foundation remembers the following people who made gifts through their estate plans to benefit the community. Ms. Melinda M. Bendall Janet E. Berg Rita Didrichsons Keeler Foundation/Miner S. and Mary Ann Keeler Dr. Sandra Last Eileen Shedleski Robert C. Smith James R. Van Vulpen 2021 - 2022 Annual Report | 45

Board of Trustees and Staff

Board of Trustees

Thomas G. Kyros

Kyle D. Caldwell Chair, President + CEO of Council of Michigan Foundations Noah Chun Youth Trustee, Grand Rapids Christian High School Ken Fawcett, M.D. Vice President of Healthier Communities, Spectrum Health Partner, Varnum, LLP Emily J. Loeks Director of Community Affairs + Public Relations, Loeks Theaters Inc. Brandy Lovelady Mitchell, Ed.D. Deputy Superintendent of Preschool-12 Learning & Leadership, Grand Rapids Public Schools
2021- 2022 46 | Grand Rapids Community Foundation

Board of Trustees (Cont.)

Ana Ramirez-Saenz

Founder + CEO, La Fuente Consulting, LLC

Ric Roane

Partner, Warner Norcross & Judd

Kathleen B. Vogelsang

Chief Investment Officer, Van Andel Institute

Daniel Williams, Ed.D.

President, Steelcase Foundation

Senior Vice President of Community Development, Huntington Bank

Senior Leadership Team

President

Stan Vander Roest, CPA

Chief Financial Officer

Vice President, Strategic Communications

Vice President, Program

Marilyn Zack, CAP®

Vice President, Development

Diana R. Sieger Ashley René Lee Kate Luckert Schmid Reneé Williams
2021- 2022

Grand Rapids Community Foundation Staff

Ruth Bishop Education Program Officer Danielle R. Brown, CPA Director of Finance Janean Couch Program Director Ashley Emaus Financial Analyst Jason England Philanthropic Services Assistant Giuliana Estrada Program Officer Barb Forseman Human Resources Specialist Heather Gill Fox Strategic Communications Manager Kevin Harmelink Human Resources Manager Audra Hartges-Stern Strategic Communications Specialist Keri Jaynes Grants Manager Cris Kutzli Program Director Angel Mendiola Philanthropic Services Manager Danah Montgomery Community Giving Officer Sheona Nidefski Program Assistant
48 | Grand Rapids Community Foundation
Chantal Pasag Program Officer Claudia Pohlen Campaign Coordinator DeShawn Pope Strategic Communications Assistant Ann Puckett Director of IT Paul Sapp Events Project Manager Holli Schlukebir Development Assistant Shaun Shira, CAP® Major + Planned Gifts Director Eugene Sueing Program Director Tara Takken Executive Assistant Jenine Torres, CAP® Development Officer Lita Trevino Receptionist Erika VanDyke Program Officer Tracy Van Solkema, bCRE-Pro Annual Giving + Data Services Manager Johngerlyn "Jonse" Young, CAP® Director of Philanthropic Services

Project Managers and Writers

Ashley René Lee

Heather Gill Fox

Audra Hartges-Stern

Grand Rapids Community Foundation

Photography and Videography

Ducks Films

Alfield Reeves Photography Isabel Media Studios

Sommer Young Photography

Design

Well Design Studio

Copyediting

Joan Huyser-Honig Huyser-Honig Creative Services Printer Pageworks

50 | Grand Rapids Community Foundation
Annual Report Team Keep In Touch Learn About Us GRFoundation.org Engage With Us @GRCommFound Email Us Info@GRFoundation.org Call Us 616.454.1751 Visit Us 185 Oakes Street SW Grand Rapids, Michigan 49503

Your support helps us thrive.

GiveGR.org/AnnualReport

We are grateful for you, our partners in philanthropy! Thank you for your bold investments of love into our community. Together, we can create a stronger foundation and a better tomorrow for everyone who calls West Michigan home.

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2021 - 2022 Annual Report | 51

Together with our partners, Grand Rapids Community Foundation is launching into a new century of service and impact. We are here to help you accomplish your philanthropic goals. Whether you are interested in giving today or leaving a legacy after your passing, we are here to answer your questions and provide options that work for you.

GRFoundation.org/AnnualReport
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