Press On Foundation
- Assets
- $112.7k
- Revenue
- $6.7k
- Investments
- $91.5k
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-4074288
Organization Overview
Press On Foundation is located in Grand Rapids, MI. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Press On Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Press On Foundation has awarded 81 individual grants totaling $311,506. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony L Groll President | 0 | $0 | |
Kandy K Groll Sec/treas | 0 | $0 | |
Tamedy J Bultema Director | 0 | $0 | |
Chase R Groll Director | 0 | $0 | |
Blake E Groll Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,757 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,928 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,685 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,181 |
| Total operating and administrative expenses | $2,197 |
| Contributions, gifts, grants paid | $29,150 |
| Total expenses and disbursements | $31,347 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $21,143 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $112,688 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Press On Foundation has awarded $29,150 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL PROMISE FOUNDATION PURPOSE: GENERAL FUND | $2,400 |
PASTORS IN PRAYER PURPOSE: GENERAL FUND | $10,000 |
CORNERSTONE UNIVERSITY PURPOSE: GENERAL FUND | $3,000 |
NEW LIFE MINISTRIES PURPOSE: GENERAL FUND | $5,000 |
ACROSS MY HEART MINISTRIES PURPOSE: GENERAL FUND | $1,000 |
SEEDS OF PROMISE PURPOSE: GENERAL FUND | $500 |