A Private Foundation located in GRAND RAPIDS, MI



Latest data derived from the private foundation e-Filings updated by the IRS

IRS Form 990 PF

J

2022 Tax Year

About this Private Foundation: 363916


This private foundation is located in Grand Rapids and primarily provides grants for medical research, specifically benefiting a prominent research institute. The foundation holds assets in marketable securities with a book value of approximately $21.8 million and a fair market value of around $32.4 million. Additionally, it has an interest in a global opportunities fund with a fair market value of about $18.6 million. Beyond medical research, the foundation supports various general charitable activities and programs. Its focus is to advance medical research and improve health outcomes through targeted funding and support initiatives.

Foundation Profile


In the tax year 2023, a notable private foundation based in Grand Rapids has made significant strides in advancing medical research, underscoring its commitment to philanthropy and community health. With total assets amounting to approximately $174.9 million USD, this foundation exemplifies the power of charitable giving, distributing an impressive $110.2 million USD in grants throughout the year. The foundation’s primary funding focus centers on medical research, specifically aimed at enhancing the capabilities and initiatives of a renowned research institute in the region. By prioritizing grants that support innovative research endeavors, the foundation seeks to contribute to groundbreaking discoveries that have the potential to improve health outcomes and advance scientific knowledge. Eligible applicants include nonprofit organizations and research institutions dedicated to medical advancement. The foundation's grant interests are particularly aligned with projects that foster collaboration, innovation, and tangible results in the medical field. This emphasis on impactful research not only benefits the local community but also resonates on a broader scale, as the findings can lead to significant advancements in healthcare practices and treatments. The foundation has made substantial contributions to its partner research institute, with notable grants of $59 million, $32.4 million, and $18.6 million earmarked for various initiatives in 2023. Such funding not only supports ongoing research projects but also empowers scientists and researchers to pursue novel ideas that could revolutionize patient care and treatment methodologies. For organizations and researchers passionate about making a difference in the medical field, this foundation represents a valuable opportunity to secure funding for transformative projects. We encourage qualified applicants to explore the available funding opportunities and take the next step towards contributing to meaningful advancements in health research. Visit The Grant Portal today to learn more about how you can align your initiatives with this foundation's mission and funding priorities.
Upgrade to view this page

GRAND RAPIDS, MI

Summary

Assets

$174.9m

Distributions

$110.2m

Contributions

$0

Grant Median

$36.6m

Count

3

Grant Max

$59m
The Grant Portal Logo

Latest Tax e-Filing

2022

Published by IRS

2023

People

The Grant Portal Logo
# Name Title Hours / Wk Comp ($)

Charitable Activities

The Grant Portal Logo

Grants

Filters

Amount

Min
-
Max

State

MI

City

GRAND RAPIDS

Purpose

Interest

5 results

Amount Name Purpose Location Year

Application Guidelines

The Grant Portal Logo

Instructions

Deadlines

Restrictions

Contact

About The Grant Portal 

The Grant Portal Logo

The Grant Portal is aimed at giving nonprofits unfettered access to a public dataset of Form 990 tax filings published by the IRS.

The project republishes the IRS dataset, verbatim, focusing exclusively on Form 990 PF, the form most commonly filed by private foundations.

Note that the IRS dataset only contains information from electronically-filed tax returns.

The Grant Portal is not affiliated, associated, authorized, endorsed by, or in any way officially connected with any foundation appearing on the site.

Private Foundation Grants of $36.6m Available in GRAND RAPIDS, MI