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GRAND RAPIDS COMMUNITY COLLEGE FOUNDATION: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
GRAND RAPIDS COMMUNITY COLLEGE FOUNDATION (EIN 38-6100380)
Tax period
2019-07-01 to 2020-06-30
Filed
2020-11-18
IRS object ID
202013239349300906
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-18T07:52:58-06:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN381357951PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PLANTE & MORAN PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1750 TRADE CENTRE WAY STE 300AddressLine1Txt
CityPORTAGECityNm
State AbbreviationMIStateAbbreviationCd
ZIP49002ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN386100380EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GRAND RAPIDS COMMUNITY COLLEGEBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGRANBusinessNameControlTxt
Phone6162343932PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1143 BOSTWICK NEAddressLine1Txt
CityGRAND RAPIDSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49503ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLISA A FREIBURGERPersonNm
Person TitleASSISTANT TREASURERPersonTitleTxt
Phone6162343932PhoneNum
Signature2020-11-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDORI J EGGETTPreparerPersonNm
PTINP00645252PTIN
Phone3032244621PhoneNum
Preparation2020-11-16PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKATHRYN K MULLINS EDDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1143 BOSTWICK NEAddressLine1Txt
CityGRAND RAPIDSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49503ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$19,923,219GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GRCC.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1964FormationYr
Legal Domicile StateMILegalDomicileStateCd
Activity Or MissionIT IS THE MISSION OF THE GRCC FOUNDATION TO SECURE AND MANAGE FINANCIAL GIFTS TO SUPPORT AND PROMOTE STUDENT, EMPLOYEE, AND COMMUNITY LEARNING, ENABLING THE COLLEGE TO FULFILL ITS MISSION AND VISION. THERE WAS ONE SIGNIFICANT ACTIVITY FROM THE PAST YEAR, AWARDING SCHOLARSHIPS TO GRCC STUDENTSActivityOrMissionDesc
Voting Members Governing Body26VotingMembersGoverningBodyCnt
Voting Members Independent23VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers29TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$10,008,972PYContributionsGrantsAmt
CY Contributions Grants$11,612,491CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,189,382PYInvestmentIncomeAmt
CY Investment Income$1,100,336CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$11,198,354PYTotalRevenueAmt
CY Total Revenue$12,712,827CYTotalRevenueAmt
PY Grants And Similar Paid$3,451,648PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$5,934,630CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$5,300PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,350CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$444,221CYTotalFundraisingExpenseAmt
PY Other Expenses$729,778PYOtherExpensesAmt
CY Other Expenses$727,211CYOtherExpensesAmt
PY Total Expenses$4,186,726PYTotalExpensesAmt
CY Total Expenses$6,667,191CYTotalExpensesAmt
PY Revenues Less Expenses$7,011,628PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$6,045,636CYRevenuesLessExpensesAmt
Total Assets BOY$39,247,206TotalAssetsBOYAmt
Total Assets EOY$45,842,443TotalAssetsEOYAmt
Total Liabilities BOY$1,556,987TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,360,376TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$37,690,219NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$43,482,067NetAssetsOrFundBalancesEOYAmt
MissionIT IS THE MISSION OF THE GRCC FOUNDATION TO SECURE AND MANAGE FINANCIAL GIFTS TO SUPPORT AND PROMOTE STUDENT, EMPLOYEE AND COMMUNITY LEARNING, ENABLING THE COLLEGE TO FULFILL ITS MISSION AND VISION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,006,615ExpenseAmt
Grant$2,006,615GrantAmt
DescTRANSFERS TO GRAND RAPIDS COMMUNITY COLLEGE FOR SUPPORT OF OTHER PROGRAMS SUCH AS CHILD CARE PROGRAMS, CAPITAL IMPROVEMENTS AT THE COLLEGE, AND VARIOUS OTHER PROGRAMS DETERMINED BY THE FOUNDATION.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$3,928,015ExpenseAmt
Grant$3,928,015GrantAmt
DescTHE FOUNDATION PROVIDED $3,928,015 IN SCHOLARSHIPS AND GRANTS TO STUDENTS AND FACULTY OF GRAND RAPIDS COMMUNITY COLLEGE. IN ADDITION, FACULTY GRANTS PROVIDED THE OPPORTUNITY FOR PROFESSIONAL DEVELOPMENT AND INSTRUCTIONAL IMPROVEMENT.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$5,934,630TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members26GoverningBodyVotingMembersCnt
Independent Voting Member23IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KATHRYN K MULLINSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6162343932PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1143 BOSTWICK NEAddressLine1Txt
CityGRAND RAPIDSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49503ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
BILL PINK PH D
DIRECTOR1.0040.00Yes (X)$0$283,436$29,619
LISA A FREIBURGER
ASSISTANT TREASURER1.0040.00Yes (X)$0$170,603$62,898Yes (X)
STEPHEN J ABID
DIRECTOR1.0040.00Yes (X)$0$152,210$48,551
KATHRYN K MULLINS ED D
EXECUTIVE DIRECTOR28.0012.00$0$142,640$51,407Yes (X)
JAMES V BUZZITTA MD
CHAIRPERSON1.000.00Yes (X)$0$0$0Yes (X)
KRISTINE BABCOCK
VICE-CHAIRPERSON1.000.00Yes (X)$0$0$0Yes (X)
DOUGLAS M KLEIN
TREASURER1.000.00Yes (X)$0$0$0Yes (X)
NANCY AYRES
SECRETARY1.000.00Yes (X)$0$0$0Yes (X)
LARRY MURPHY
DIRECTOR1.000.00Yes (X)$0$0$0
BETH BANTA
DIRECTOR1.000.00Yes (X)$0$0$0
MARK BORGMAN
DIRECTOR1.000.00Yes (X)$0$0$0
DAVID C BOTTRALL
DIRECTOR1.000.00Yes (X)$0$0$0
KENYATTA L BRAME
DIRECTOR1.000.00Yes (X)$0$0$0
CYNTHIA BRISTOL
DIRECTOR1.000.00Yes (X)$0$0$0
DAVID CUSTER
DIRECTOR1.000.00Yes (X)$0$0$0
MICHAEL DESPRES
DIRECTOR1.000.00Yes (X)$0$0$0
BEVERLY DRAKE
DIRECTOR1.000.00Yes (X)$0$0$0
ELLEN M JAMES
DIRECTOR1.000.00Yes (X)$0$0$0
JENNIFER JOSEPH
DIRECTOR1.000.00Yes (X)$0$0$0
DAVID KOETJE
DIRECTOR1.000.00Yes (X)$0$0$0
ELIAS LUMPKINS
DIRECTOR1.000.00Yes (X)$0$0$0
NATHANIEL MOODY
DIRECTOR1.000.00Yes (X)$0$0$0
SAMUEL OJO
DIRECTOR1.000.00Yes (X)$0$0$0
AARON TURNER
DIRECTOR1.000.00Yes (X)$0$0$0
DAN WEBB
DIRECTOR1.000.00Yes (X)$0$0$0
ARIAN NELSON
DIRECTOR1.000.00Yes (X)$0$0$0
EDDIE RUCKER
DIRECTOR1.000.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$748,889TotReportableCompRltdOrgAmt
Total Other Compensation$192,475TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FIFTH THIRD BANKBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line138 FOUNTAIN SQUARE PLAZAAddressLine1Txt
CityCINCINNATICityNm
State AbbreviationOHStateAbbreviationCd
ZIP45263ZIPCd
FieldValueIRS element (for citing)
ServicesINVESTMENT MANAGEMENTServicesDesc
Compensation$174,920CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Related Organizations$107,061RelatedOrganizationsAmt
All Other Contributions$11,505,430AllOtherContributionsAmt
Noncash Contributions$11,851NoncashContributionsAmt
Total Contributions$11,612,491TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$639,193TotalRevenueColumnAmt
Exclusion$639,193ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$7,671,535SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$7,210,392SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$461,143SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$461,143TotalRevenueColumnAmt
Exclusion$461,143ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,712,827TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,100,336ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$5,900,895TotalAmt
Program Services$5,900,895ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$33,735TotalAmt
Program Services$33,735ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$5,350TotalAmt
Fundraising$5,350FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$162,937TotalAmt
Management And General$162,937ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$519,356TotalAmt
Management And General$102,815ManagementAndGeneralAmt
Fundraising$416,541FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$22,588TotalAmt
Management And General$22,588ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$22,330TotalAmt
Fundraising$22,330FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,667,191TotalAmt
Program Services$5,934,630ProgramServicesAmt
Management And General$288,340ManagementAndGeneralAmt
Fundraising$444,221FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,272,968BOYAmt
EOY$9,420,733EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,801,518BOYAmt
EOY$1,995,550EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$7,125,905BOYAmt
EOY$4,869,477EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$26,970,702BOYAmt
EOY$29,478,115EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$76,113BOYAmt
EOY$78,568EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$39,247,206BOYAmt
EOY$45,842,443EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$797,240BOYAmt
EOY$133,941EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$759,747BOYAmt
EOY$726,435EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,500,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,556,987BOYAmt
EOY$2,360,376EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,989,841BOYAmt
EOY$13,536,907EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$30,700,378BOYAmt
EOY$29,945,160EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$37,690,219BOYAmt
EOY$43,482,067EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$39,247,206BOYAmt
EOY$45,842,443EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$6,045,636ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$253,788NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,235,547CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,825,205CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,907,830CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,008,972CurrentTaxYearMinus1YearAmt
Current Tax Year$11,612,491CurrentTaxYearAmt
Total$30,590,045TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$152,494CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$162,614CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$140,325CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$168,934CurrentTaxYearMinus1YearAmt
Current Tax Year$156,596CurrentTaxYearAmt
Total$780,963TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,388,041CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,987,819CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,048,155CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,177,906CurrentTaxYearMinus1YearAmt
Current Tax Year$11,769,087CurrentTaxYearAmt
Total$31,371,008TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$10,316,604SubstantialContributorsTotAmt
Public Support Total170$21,054,404PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$449,314CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$465,644CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$496,651CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$573,008CurrentTaxYearMinus1YearAmt
Current Tax Year$639,193CurrentTaxYearAmt
Total$2,623,810TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$158,886CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$29,587CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,854CurrentTaxYearMinus2YearsAmt
Total$204,327TotalAmt
FieldValueIRS element (for citing)
Total Support$34,199,145TotalSupportAmt
Public Support CY1700.61560PublicSupportCY170Pct
Public Support PY1700.49570PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationFUNDRAISING INCOME - 2015 AMOUNT: $ 158,886. 2016 AMOUNT: $ 29,587. 2017 AMOUNT: $ 15,854.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$15,534,806BeginningYearBalanceAmt
Contributions$308,094ContributionsAmt
Investment Earnings Or Losses$336,532InvestmentEarningsOrLossesAmt
Grants Or Scholarships$842,434GrantsOrScholarshipsAmt
Other Expenditures-$72,427OtherExpendituresAmt
End Year Balance$15,409,425EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$13,652,841BeginningYearBalanceAmt
Contributions$1,180,030ContributionsAmt
Investment Earnings Or Losses$995,253InvestmentEarningsOrLossesAmt
Grants Or Scholarships$789,476GrantsOrScholarshipsAmt
Other Expenditures-$496,158OtherExpendituresAmt
End Year Balance$15,534,806EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$13,207,257BeginningYearBalanceAmt
Contributions$279,792ContributionsAmt
Investment Earnings Or Losses$966,245InvestmentEarningsOrLossesAmt
Grants Or Scholarships$619,694GrantsOrScholarshipsAmt
Other Expenditures$180,759OtherExpendituresAmt
End Year Balance$13,652,841EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$10,948,445BeginningYearBalanceAmt
Contributions$1,807,603ContributionsAmt
Investment Earnings Or Losses$971,391InvestmentEarningsOrLossesAmt
Grants Or Scholarships$520,182GrantsOrScholarshipsAmt
End Year Balance$13,207,257EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$11,393,810BeginningYearBalanceAmt
Contributions$123,247ContributionsAmt
Investment Earnings Or Losses$20,245InvestmentEarningsOrLossesAmt
Grants Or Scholarships$588,857GrantsOrScholarshipsAmt
End Year Balance$10,948,445EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.61650PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.38350TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescFUNDS HELD ON BEHALF OF OTHERSDesc
Amt$1,500,000Amt
FieldValueIRS element (for citing)
Total Liability$1,500,000TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$12,452,698TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$253,788NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$156,596DonatedServicesAndUseFcltsAmt
Revenue Not Reported-$97,192RevenueNotReportedAmt
Revenue Subtotal$12,549,890RevenueSubtotalAmt
Investment Expenses Not Incld$162,937InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$162,937RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$12,712,827TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,660,850TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$156,596DonatedServicesUseFcltsAmt
Expenses Not Reported$156,596ExpensesNotReportedAmt
Expenses Subtotal$6,504,254ExpensesSubtotalAmt
Investment Expenses Not Incld2$162,937InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$162,937ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,667,191TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART V, LINE 4:FormAndLineReferenceDesc
ExplanationENDOWMENT FUNDS ARE USED FOR PURPOSES CONSISTENT WITH PROVIDING SCHOLARSHIPS, GRANTS FOR PROFESSIONAL DEVELOPMENT, AND TO ADDRESS OTHER COLLEGE NEEDS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1GRAND RAPIDS COMMUNITY COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1143 BOSTWICK AVE NEAddressLine1Txt
CityGRAND RAPIDSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49503ZIPCd
FieldValueIRS element (for citing)
Recipient EIN382980195RecipientEIN
IRC Section115IRCSectionDesc
Cash Grant$5,889,044CashGrantAmt
Non Cash Assistance$11,851NonCashAssistanceAmt
Valuation Method UsedFAIR MARKET VALUEValuationMethodUsedDesc
Non Cash AssistanceEQUIPMENT AND LAB SUPPLIESNonCashAssistanceDesc
Purpose Of GrantPROGRAM SUPPORTPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
EMERGENCY GRANTS TO STUDENTS87$32,235
GRANTS TO FACULTY FOR EDUCATIONAL TRAVEL9$1,500

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationFOR SCHOLARSHIPS AND/OR STUDENT ASSITANCE, THE AMOUNTS ARE MANAGED THROUGH THE FINANCIAL AID PROCESS AND DOCUMENTED WITH RECORDS IN THE FINANCIAL AND/OR FOUNDATION OFFICERS. GRANTS TO GRCC EMPLOYEES FOR PROFESSIONAL DEVELOPMENT AND OTHER PROGRAMS ARE MANAGED AND DOCUMENTED BY THE FOUNDATION USING COLLEGE/FOUNDATION PROCEDURES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BILL PINK PH D
DIRECTOR$0$213,636$0$0$0$69,800$0$29,619$0$0$0$313,055$0$0
LISA A FREIBURGER
ASSISTANT TREASURER$0$159,102$0$0$0$11,501$0$44,666$0$18,232$0$233,501$0$0
STEPHEN J ABID
DIRECTOR$0$148,600$0$0$0$3,610$0$41,866$0$6,685$0$200,761$0$0
KATHRYN K MULLINS ED D
EXECUTIVE DIRECTOR$0$123,080$0$0$0$19,560$0$36,363$0$15,044$0$194,047$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1APAYMENT OF COUNTRY CLUB DUES FOR BILL PINK (GRCC PRESIDENT). THE AMOUNT PAID WAS NOT INCLUDED IN TAXABLE COMPENSATION.
PART I, LINE 3THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS ESTABLISHED BY GRAND RAPIDS COMMUNITY COLLEGE POLICY AND PROCEDURES, APPROVED BY THE COLLEGE PRESIDENT, THE COLLEGE BOARD OF TRUSTEES, AND THE GRCC FOUNDATION BOARD OF DIRECTORS. COMPENSATION FOR COMPARABLE POSITIONS AT OTHER SIMILAR EDUCATIONAL INSTITUTIONS IS CONSIDERED IN SETTING COMPENSATION LEVELS.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE GRCC FOUNDATION HAS SEVEN MEMBERS (FOUNDATION BOARD CHAIRPERSON, FOUNDATION BOARD VICE CHAIRPERSON, FOUNDATION BOARD TREASURER, FOUNDATION BOARD SECRETARY, GRCC BOARD OF TRUSTEES CHAIRPERSON, GRCC BOARD OF TRUSTEES TREASURER, GRCC PRESIDENT) THE MEMBERS APPROVE/ELECT THE BOARD OF DIRECTORS OF THE GRCC FOUNDATION.
FORM 990, PART VI, SECTION A, LINE 7ATHE MEMBERS OF GRCC FOUNDATION HAVE THE POWER TO APPOINT MEMBERS TO THE GOVERNING BODY.
FORM 990, PART VI, SECTION A, LINE 7BTHE GRCC FOUNDATION BOARD OF DIRECTORS PROPOSES CANDIDATES TO SERVE ON THE BOARD. THESE NOMINATIONS MUST BE APPROVED BY THE MEMBERS.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED INDIVIDUALLY BY THE DIRECTORS PRIOR TO FILING. ANY ISSUES OR CONCERNS WOULD BE ADDRESSED AT A SUBSEQUENT MEETING OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY APPLIES TO ALL DIRECTORS AND KEY EMPLOYEES. EACH PERSON REVIEWS AND SIGNS THE POLICY STATEMENT ANNUALLY BEFORE ANY FORMAL ACTIONS WITH POTENTIAL CONFLICTS ARE CONSIDERED BY THE BOARD, THE CHAIRPERSON WOULD INQUIRE AS TO THE EXISTENCE OR POSSIBLE EXISTENCE OF ANY CONFLICTS. ANY ACTUAL CONFLICTS THAT ARISE WOULD BE ADDRESSED BY THE BOARD PRIOR TO A DECISION/VOTE.
FORM 990, PART VI, SECTION B, LINE 15THE PERFORMANCE OF THE EXECUTIVE DIRECTOR IS REVIEWED BY THE COLLEGE PRESIDENT. THE LAST REVIEW WAS COMPLETED IN JUNE 2020 IN COMPLIANCE WITH COLLEGE POLICIES. THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS ESTABLISHED BY COLLEGE POLICY AND PROCEDURES, APPROVED BY THE COLLEGE PRESIDENT, THE COLLEGE BOARD OF TRUSTEES, AND THE GRCC FOUNDATION BOARD OF DIRECTORS. COMPENSATION FOR COMPARABLE POSITIONS AT OTHER SIMILAR EDUCATIONAL INSTITUTIONS IS CONSIDERED IN SETTING COMPENSATION LEVELS.
FORM 990, PART VI, SECTION C, LINE 19GRCC FOUNDATION BOARD OF DIRECTORS MEETING MINUTES, FOUNDATION POLICIES, GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
PART XII, LINE 2CTHE ORGANIZATION HAS NOT CHANGED THEIR OVERSIGHT PROCESS WITHIN THE PAST YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1GRAND RAPIDS COMMUNITY COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1143 BOSTWICK AVE NEAddressLine1Txt
CityGRAND RAPIDSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49503ZIPCd
FieldValueIRS element (for citing)
EIN382980195EIN
Primary ActivitiesHIGHER EDUCATIONPrimaryActivitiesTxt
Legal Domicile StateMILegalDomicileStateCd
Exempt Code Section115ExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
GRAND RAPIDS COMMUNITY COLLEGE
B$5,759,545CASH
GRAND RAPIDS COMMUNITY COLLEGE
C$107,061CASH
GRAND RAPIDS COMMUNITY COLLEGE
N$156,596ACTUAL COST
GRAND RAPIDS COMMUNITY COLLEGE
P$536,168ACTUAL COST