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Krw Foundation is a private corporation based in GRAND RAPIDS, MI. The foundation received its IRS ruling in 1998. The principal officer is Kate P Wolters. It holds total assets of $14.1M. Annual income is reported at $8.9M. Total assets have grown from $4.7M in 2011 to $14.1M in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2024. Grantmaking is concentrated in Michigan. According to available records, Krw Foundation has made 172 grants totaling $12.9M, with a median grant of $25K. Annual giving has decreased from $3.8M in 2020 to $2.1M in 2023. Grantmaking activity was highest in 2022 with $4.1M distributed across 72 grants. Individual grants have ranged from $5K to $700K, with an average award of $75K. The foundation has supported 58 unique organizations. The foundation primarily supports organizations in Michigan, Illinois, Florida, which account for 99% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$25K
Average Grant
$108K
Largest Grant
$700K
Based on 35 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.
Krw Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 172 grants. Its grantmaking reaches organizations primarily in MI, IL, FL.
Krw Foundation has distributed a total of $12.9M across 172 grants. The median grant size is $25K, with an average of $75K. Individual grants have ranged from $5K to $700K.
Krw Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (383384598) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Krw Foundation is headquartered in GRAND RAPIDS, MI. While based in MI, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeffrey B Power | TRUSTEE | $0 | $0 | N/A |
| Kate P Wolters | PRESIDENT/SECRETARY/TREASU | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$14.1M
Fair Market Value
N/A
Net Worth
$14.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
172
Total Giving
$12.9M
Average Grant
$75K
Median Grant
$25K
Unique Recipients
58
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Our HopeGENERAL | Grand Rapids, MI | $200K | 2023 |
| Grand Rapids Symphony EndowmentGENERAL | Grand Rapids, MI | $300K | 2023 |
| The DiatribeGENERAL | Grand Rapids, MI | $300K | 2023 |
| Family Promise Of Grand RapidsGENERAL | Grand Rapids, MI | $150K | 2023 |
| Grand Rapids Community FoundationGENERAL | Grand Rapids, MI | $125K | 2023 |
| Grand Rapids Civic TheatreGENERAL | Grand Rapids, MI | $110K | 2023 |
| Womens' Resource CenterGENERAL | Grand Rapids, MI | $75K | 2023 |
| Aspen InstituteGENERAL | Washington, DC | $75K | 2023 |
| Heart Of West Michigan United WayGENERAL | Grand Rapids, MI | $70K | 2023 |
| Garfield Park Neighborhood AssociationGENERAL | Grand Rapids, MI | $50K | 2023 |
| Grand Rapids Art MuseumGENERAL | Grand Rapids, MI | $50K | 2023 |
| First Steps Of Kent CountyGENERAL | Grand Rapids, MI | $50K | 2023 |
| Disability Advocates Of Kent CountyGENERAL | Grand Rapids, MI | $50K | 2023 |
| Health Net Of West MichiganGENERAL | Grand Rapids, MI | $50K | 2023 |
| Aquinas CollegeGENERAL | Grand Rapids, MI | $50K | 2023 |
| Ywca West Central MichiganGENERAL | Grand Rapids, MI | $50K | 2023 |
| Michigan League Of Conservation VotersGENERAL | Ann Arbor, MI | $50K | 2023 |
| Planned Parenthood Of West MichiganGENERAL | Grand Rapids, MI | $25K | 2023 |
| Beyond 26GENERAL | Wyoming, MI | $25K | 2023 |
| City Of RockfordGENERAL | Rockford, MI | $25K | 2023 |
| Ikus Life EnrichmentGENERAL | Grand Rapids, MI | $25K | 2023 |
| Mary Free Bed FoundationGENERAL | Grand Rapids, MI | $25K | 2023 |
| Aclu Of MichiganGENERAL | Detroit, MI | $25K | 2023 |
| The Arc Of Kent CountyGENERAL | Grand Rapids, MI | $25K | 2023 |
| West Michigan Center For Arts & TechnologyGENERAL | Grand Rapids, MI | $25K | 2023 |
| DisartGENERAL | Grand Rapids, MI | $25K | 2023 |
| Planned Parenthood Of South FloridaGENERAL | West Palm Beach, FL | $20K | 2023 |
| St Cecilia Music CenterGENERAL | Grand Rapids, MI | $15K | 2023 |
| Together West Michigan Education FundGENERAL | Grand Rapids, MI | $10K | 2023 |
| Children'S Advocacy Center Of Kent CountyGENERAL | Grand Rapids, MI | $10K | 2023 |
| Council Of Michigan FoundationsGENERAL | Grand Haven, MI | $10K | 2023 |
| Red Cross Of Palm Beach CountyGENERAL | West Palm Beach, FL | $5K | 2023 |