Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Joseph Foundation is a private corporation based in GRAND RAPIDS, MI. The foundation received its IRS ruling in 2002. The principal officer is Roy G Smyth. It holds total assets of $273K. Annual income is reported at $33K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Michigan and North Carolina. According to available records, Joseph Foundation has made 20 grants totaling $80K, with a median grant of $5K. Annual giving has grown from $20K in 2020 to $40K in 2022. Individual grants have ranged from $2K to $5K, with an average award of $4K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in Michigan and North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$4K
Average Grant
$3K
Largest Grant
$5K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Joseph Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in MI, NC.
Joseph Foundation has distributed a total of $80K across 20 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $2K to $5K.
Joseph Foundation typically selects its grantees rather than accepting unsolicited proposals.
Joseph Foundation is headquartered in GRAND RAPIDS, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Roy G Smyth | PRESIDENT | $0 | $0 | N/A |
Total Giving
$21K
Total Assets
$271K
Fair Market Value
$285K
Net Worth
$271K
Grants Paid
$20K
Contributions
N/A
Net Investment Income
$15K
Distribution Amount
$14K
Total: $231K
Total Grants
20
Total Giving
$80K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
6
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Spectrum Health FoundationCONTRIBUTION | Grand Rapids, MI | $3K | 2021 |
| West Michigan Youth For ChristCONTRIBUTION | Grand Rapids, MI | $5K | 2022 |
| Degage MinistriesCONTRIBUTION | Grand Rapids, MI | $5K | 2022 |
| Alpha Women'S CenterCONTRIBUTION | Grand Rapids, MI | $5K | 2022 |
| Safe Haven MinistriesCONTRIBUTION | Grand Rapids, MI | $5K | 2022 |
| Samaritan'S PurseCONTRIBUTION | Boone, NC | $3K | 2021 |