Porter Hills Foundation

Organization Overview

Porter Hills Foundation is located in Grand Rapids, MI. The organization was established in 2014. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Porter Hills Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Porter Hills 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 06/2021, Porter Hills Foundation generated $3.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Porter Hills Foundation has awarded 15 individual grants totaling $1,794,198. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RAISE, INVEST, AND MONITOR THE FUNDS THAT SUPPORT PORTER HILLS RETIREMENT COMMUNITIES AND SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PORTER HILLS FOUNDATION WAS OFFICIALLY ESTABLISHED IN 1995 AS THE FUNDRAISING ARM FOR PORTER HILLS PRESBYTERIAN VILLAGE, INC., WITH HEADQUARTERS IN GRAND RAPIDS, MICHIGAN. THIS YEAR, THE PORTER HILLS FOUNDATION CELEBRATES ITS 27TH ANNIVERSARY AS A SEPARATE 501(C)(3) NONPROFIT ORGANIZATION. ITS MISSION IS TO RAISE, INVEST, AND MONITOR THE FUNDS THAT SUPPORT PORTER HILLS IN PROVIDING A CONTINUUM OF HIGH-QUALITY COMMUNITIES AND SERVICES. AS AN ORGANIZATION FOUNDED ON FAITH, BENEVOLENT CARE IS THE CORNERSTONE OF THE PORTER HILLS FOUNDATION, SUPPORTING CARE FOR QUALIFIED PORTER HILLS RESIDENTS WHO HAVE EXHAUSTED THEIR RESOURCES. THE POPULATION OF OLDER ADULTS OVER AGE 65 IS EXPECTED TO DOUBLE IN THE NEXT DECADE, AND TRIPLE FOR THOSE 85 AND OLDER. MICHIGAN IS CURRENTLY THE FASTEST AGING STATE IN THE U.S. PORTER HILLS FOUNDATION, SERVING SIDE-BY-SIDE WITH PORTER HILLS, IS DEDICATED TO ELEVATING PHILANTHROPY THAT EMBRACES THE CARE NEEDS AND WISHES OF THIS DRAMATICALLY GROWING SECTOR. THE PORTER HILLS FOUNDATION REMAINS STEADFAST IN ITS COMMITMENT TO SUPPORT THE MISSION OF PORTER HILLS AS TRUSTED EXPERTS SERVING SENIORS WITH GRACE. WITH A FOCUS ON THE HEALTH AND WELL-BEING OF OLDER ADULTS, AND EDUCATION AND RETENTION OF OUR OUTSTANDING STAFF TEAM MEMBERS, THE PORTER HILLS FOUNDATION HAS DETERMINED THESE FOUR PRIORITY FUNDRAISING INITIATIVES:1. BENEVOLENT CARE, ENSURING THAT ELIGIBLE RESIDENTS WHO OUTLIVE THEIR FINANCIAL RESOURCES ALWAYS HAVE A LOVING HOME AT PORTER HILLS.2. EMPLOYEE SUPPORT SERVICES, OFFERING STAFF SCHOLARSHIPS AND EMERGENCY AID TO SUPPORT OUR OUTSTANDING PORTER HILLS TEAM MEMBERS IN REACHING THEIR CAREER AND EDUCATIONAL GOALS, OR TO LEND A HELPING HAND TO THOSE WHO EXPERIENCE AN EMERGENCY CAUSING FINANCIAL HARDSHIP. PRIORITY FOR SCHOLARSHIPS IS GIVEN TO OUR DIRECT CARE TEAM MEMBERS AND THOSE WITH FINANCIAL NEED. 3. CAPITAL IMPROVEMENTS, TRANSFORMING EXISTING BUILDINGS AND CONSTRUCTING NEW ONES THAT PROVIDE THE UTMOST IN PERSONAL COMFORT AND AMENITIES FOR MICHIGAN'S GROWING POPULATION OF OLDER ADULTS. 4. LIFE ENRICHMENT FOR OLDER ADULTS, HELPING THE OLDER ADULTS WE SERVE AT PORTER HILLS FIND THEIR PURPOSE, FOLLOW THEIR PASSIONS, AND LIVE LIFE TO THE FULLEST.


THE PORTER HILLS FOUNDATION WAS OFFICIALLY ESTABLISHED IN 1995 AS THE FUNDRAISING ARM FOR PORTER HILLS PRESBYTERIAN VILLAGE, INC., WITH HEADQUARTERS IN GRAND RAPIDS, MICHIGAN. THIS YEAR, THE PORTER HILLS FOUNDATION CELEBRATES ITS 27TH ANNIVERSARY AS A SEPARATE 501(C)(3) NONPROFIT ORGANIZATION. ITS MISSION IS TO RAISE, INVEST, AND MONITOR THE FUNDS THAT SUPPORT PORTER HILLS IN PROVIDING A CONTINUUM OF HIGH-QUALITY COMMUNITIES AND SERVICES. AS AN ORGANIZATION FOUNDED ON FAITH, BENEVOLENT CARE IS THE CORNERSTONE OF THE PORTER HILLS FOUNDATION, SUPPORTING CARE FOR QUALIFIED PORTER HILLS RESIDENTS WHO HAVE EXHAUSTED THEIR RESOURCES. THE POPULATION OF OLDER ADULTS OVER AGE 65 IS EXPECTED TO DOUBLE IN THE NEXT DECADE, AND TRIPLE FOR THOSE 85 AND OLDER. MICHIGAN IS CURRENTLY THE FASTEST AGING STATE IN THE U.S. PORTER HILLS FOUNDATION, SERVING SIDE-BY-SIDE WITH PORTER HILLS, IS DEDICATED TO ELEVATING PHILANTHROPY THAT EMBRACES THE CARE NEEDS AND WISHES OF THIS DRAMATICALLY GROWING SECTOR. THE PORTER HILLS FOUNDATION REMAINS STEADFAST IN ITS COMMITMENT TO SUPPORT THE MISSION OF PORTER HILLS AS TRUSTED EXPERTS SERVING SENIORS WITH GRACE. WITH A FOCUS ON THE HEALTH AND WELL-BEING OF OLDER ADULTS, AND EDUCATION AND RETENTION OF OUR OUTSTANDING STAFF TEAM MEMBERS, THE PORTER HILLS FOUNDATION HAS DETERMINED THESE FOUR PRIORITY FUNDRAISING INITIATIVES:1. BENEVOLENT CARE, ENSURING THAT ELIGIBLE RESIDENTS WHO OUTLIVE THEIR FINANCIAL RESOURCES ALWAYS HAVE A LOVING HOME AT PORTER HILLS.2. EMPLOYEE SUPPORT SERVICES, OFFERING STAFF SCHOLARSHIPS AND EMERGENCY AID TO SUPPORT OUR OUTSTANDING PORTER HILLS TEAM MEMBERS IN REACHING THEIR CAREER AND EDUCATIONAL GOALS, OR TO LEND A HELPING HAND TO THOSE WHO EXPERIENCE AN EMERGENCY CAUSING FINANCIAL HARDSHIP. PRIORITY FOR SCHOLARSHIPS IS GIVEN TO OUR DIRECT CARE TEAM MEMBERS AND THOSE WITH FINANCIAL NEED. 3. CAPITAL IMPROVEMENTS, TRANSFORMING EXISTING BUILDINGS AND CONSTRUCTING NEW ONES THAT PROVIDE THE UTMOST IN PERSONAL COMFORT AND AMENITIES FOR MICHIGAN'S GROWING POPULATION OF OLDER ADULTS. 4. LIFE ENRICHMENT FOR OLDER ADULTS, HELPING THE OLDER ADULTS WE SERVE AT PORTER HILLS FIND THEIR PURPOSE, FOLLOW THEIR PASSIONS, AND LIVE LIFE TO THE FULLEST.


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Board, Officers & Key Employees

Name (title)Compensation
Joanna Hogan
VP Of Philanthropy
$156,959
Steve Fetyko
Director/ Umrc CEO
$0
Wendy Brightman
President
$0
James E Preston
Secretary
$0
Kim Hoppe
Treasurer/ Umrc CFO
$0
Jay Wisentaner
Chair
$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$1,524,700
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,524,700
Total Program Service Revenue$0
Investment income $609,798
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $922,527
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,057,025

Grants Awarded

Over the last fiscal year, Porter Hills Foundation has awarded $692,196 in support to 6 organizations.

Grant RecipientAmount

PORTER HILLS PRESBYTERIAN VILLAGE

Org PageRecipient Profile

Grand Rapids, MI

PURPOSE: FOR BENEVOLENT CARE OF RESIDENTS AND OTHER NEEDS FOR WELLNESS CENTERS AND PO

$152,450

PORTER HILLS PRESBYTERIAN VILLAGE

Org PageRecipient Profile

Grand Rapids, MI

PURPOSE: FOR BENEVOLENT CARE OF RESIDENTS AND OTHER NEEDS FOR WELLNESS CENTERS AND PO

$152,450

MEADOWLARK RETIREMENT VILLAGE

Org PageRecipient Profile

Grand Rapids, MI

PURPOSE: FOR BENEVOLENT CARE OF RESIDENTS AND OTHER NEEDS FOR WELLNESS CENTERS AND PO

$139,278

MEADOWLARK RETIREMENT VILLAGE

Org PageRecipient Profile

Grand Rapids, MI

PURPOSE: FOR BENEVOLENT CARE OF RESIDENTS AND OTHER NEEDS FOR WELLNESS CENTERS AND PO

$139,278

Muskegon, MI

PURPOSE: FOR BENEVOLENT CARE OF RESIDENTS AND OTHER NEEDS FOR WELLNESS CENTERS AND PO

$54,370

Muskegon, MI

PURPOSE: FOR BENEVOLENT CARE OF RESIDENTS AND OTHER NEEDS FOR WELLNESS CENTERS AND PO

$54,370
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Porter Hills Foundation has recieved totaling $7,168.

Awarding OrganizationAmount
Korff Foundation

Comstock Park, MI

PURPOSE: CHARITABLE

$5,000
Louis M Dexter Memorial Foundation Inc

Grand Rapids, MI

PURPOSE: GENERAL SUPPORT

$2,000
Pfizer Foundation Inc

New York, NY

PURPOSE: MATCHING GIFTS

$100
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$68
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$10,742,051
Earnings$2,146,967
Net Contributions$1,164,328
Other Expense$1,023,291
Grants$86,033
Ending Balance$12,944,022

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