Grandville Calvin Christian Schools Foundation
- Assets
- $5.3m
- Revenue
- $676.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Grandville, MI
- Founding
- 10/1984
- Data as of
- 12/2023
- EIN
- 38-2543244
Organization Overview
Grandville Calvin Christian Schools Foundation is located in Grandville, MI. The organization was established in 1984. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grandville Calvin Christian Schools Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Grandville Calvin Christian Schools Foundation generated $676.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $299.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Grandville Calvin Christian Schools Foundation has awarded 11 individual grants totaling $1,402,007. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LONG-TERM FINANCIAL SUPPORT TO THE GRANDVILLE CALVIN CHRISTIAN SCHOOLS (FE 38-1968313) BY RAISING FUNDS AND MANAGE THE INVESTMENTS. THE FOUNDATION IS COMMITTED TO BEING FAITHFUL STEWARDS OF THE FUNDS ENTRUSTED TO US AND ARE WORKING TO GROW THE ASSETS TO ANNUALLY PROVIDE INCREASING DISTRIBUTIONS TO THE SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
5% OF THE ASSETS ARE DISTRIBUTED ANNUALLY TO THE GRANDVILLE CALVIN CHRISTIAN SCHOOLS (ID 38-1968313) TO HELP OFFSET THE COST OF EDUCATION. THESE ANNUAL GRANTS HELP KEEP THE COST OF TUITION AS LOW AS POSSIBLE AND ATTEMPTS TO MAKE CHRISTIAN EDUCATION AFFORDABLE FOR ALL CHILDREN WHO ATTEND THE SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pat Bykerk President | OfficerTrustee | 1 | $0 |
Kristin Borgman Treasurer | OfficerTrustee | 1 | $0 |
Tom Glover Secretary | OfficerTrustee | 1 | $0 |
Rob Arnoys Vice Preside | OfficerTrustee | 1 | $0 |
Doug Jurgens Trustee | Trustee | 1 | $0 |
Kristine Wertz Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $166,530 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,530 |
| Total Program Service Revenue | $0 |
| Investment income | $485,818 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$838 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $24,810 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $676,320 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250,251 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,784 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $15,536 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $299,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33,099 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $139,532 |
| Investments—publicly traded securities | $4,518,385 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $598,422 |
| Total assets | $5,289,438 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $237,751 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $237,751 |
| Net assets without donor restrictions | $5,051,687 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,289,438 |
Grants Awarded
Over the last fiscal year, Grandville Calvin Christian Schools Foundation has awarded $316,555 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GRANDVILLE CALVIN CHRISTIAN SCHOOLS PURPOSE: TUITION ASSISTANCE | $110,976 |
GRANDVILLE CALVIN CHRISTIAN SCHOOLS PURPOSE: OPERATIONAL SUPPORT | $205,579 |