River City Foundation is a private corporation based in DEXTER, MI. The foundation received its IRS ruling in 1991. The principal officer is % Kenneth D Betz. It holds total assets of $29.9M. Annual income is reported at $40.1M. According to available records, River City Foundation has made 51 grants totaling $4.3M, with a median grant of $41K. Annual giving has decreased from $1.2M in 2020 to $227K in 2023. Grantmaking activity was highest in 2022 with $2.7M distributed across 24 grants. Individual grants have ranged from $1K to $454K, with an average award of $84K. The foundation has supported 24 unique organizations. Grants have been distributed to organizations in Michigan and Illinois and Iowa. Contributions to this foundation are tax-deductible.
River City Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 51 grants. Its grantmaking reaches organizations primarily in MI, IL, IA.
River City Foundation has distributed a total of $4.3M across 51 grants. The median grant size is $41K, with an average of $84K. Individual grants have ranged from $1K to $454K.
River City Foundation typically selects its grantees rather than accepting unsolicited proposals.
River City Foundation is headquartered in DEXTER, MI. While based in MI, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kenneth Betz | PRESIDENT | $0 | $0 | $0 |
| Thomas G Kyros | SECRETARY/TREASURER | $0 | $0 | $0 |
| Anne Kittendorf | DIRECTOR | $0 | $0 | $0 |
| Heidi Thornton | DIRECTOR | $0 | $0 | $0 |
Total Giving
$260K
Total Assets
$6.4M
Fair Market Value
$7.5M
Net Worth
$6.4M
Grants Paid
$227K
Contributions
$2.2M
Net Investment Income
$154K
Distribution Amount
$271K
Total: $5.9M
Total Grants
51
Total Giving
$4.3M
Average Grant
$84K
Median Grant
$41K
Unique Recipients
24
Most Common Grant
$26K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Spectrum Health FoundationCAR-T CELL PROGRAM | Grand Rapids, MI | $304K | 2020 |
| Grand Rapids Community FoundationFUND FOR COMMUNITY GOOD | Grand Rapids, MI | $49K | 2023 |
| Michigan State University College Of MedicinePAT BREWER AND KEN BETZ 'SPARTARINE' ENDOWED SCHOLARSHIP FOR HUMAN MEDICINE | Grand Rapids, MI | $40K | 2023 |
| Mary Free Bed Rehabilitation Hospital FoundationPEDIATRIC INITIATIVE PROGRAM | Grand Rapids, MI | $30K | 2023 |
| North Kent ConnectBUILDING CONNECTIONS CAPITAL CAMPAIGN |
Other foundations that have funded River City Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| A Glimmer Of Hope Austin | $117 | 2021 | 2021 HOLIDAY GIFTING |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Rockford, MI |
| $30K |
| 2023 |
| Grand Rapids Civic TheaterBEHIND THE CURTAIN CAMPAIGN | Grand Rapids, MI | $20K | 2023 |
| Habitat For Humanity Of Kent CountyGENERAL SUPPORT | Grand Rapids, MI | $19K | 2023 |
| Camp HenryGENERAL SUPPORT | Newaygo, MI | $18K | 2023 |
| John Ball ZooTIME TO SOAR CAMPAIGN | Grand Rapids, MI | $16K | 2023 |
| Home Repair Services Of Kent CountyGENERAL SUPPORT | Grand Rapids, MI | $5K | 2023 |
| Ann Arbor Area Community FoundationKITTENDORF FUND | Ann Arbor, MI | $80K | 2022 |
| The Chicago Community TrustBETZ THORNTON FAMILY FUND | Chicago, IL | $53K | 2022 |
| Westminster Presbyterian ChurchGENERAL SUPPORT | Grand Rapids, MI | $40K | 2022 |
| German International School ChicagoGENERAL SUPPORT | Chicago, IL | $26K | 2022 |
| Westie Rescue Of MissouriGENERAL SUPPORT | Des Moines, IA | $1K | 2022 |
| Home Repair Services Of Kent County IncHOMEOWNER CELEBRATION EVENT | Grand Rapids, MI | $5K | 2021 |
| Habitat Of Humanity Of Kent CountyGENERAL SUPPORT | Grand Rapids, MI | $200K | 2020 |
| Mary Free Bed Rehabilitation HospitalPEDIATRIC INITIATIVE PROGRAM | Grand Rapids, MI | $153K | 2020 |
| Grand Rapids Civic TheatreBUILDING PROJECT | Grand Rapids, MI | $101K | 2020 |
| Hospice Of MichiganGENERAL SUPPORT | Ann Arbor, MI | $100K | 2020 |
| Huron Waterloo Pathways InitiativeB2B TRAILS | Chelsea, MI | $20K | 2020 |
| Daycroft Montessori SchoolGENERAL SUPPORT | Ann Arbor, MI | $10K | 2020 |
| Faith In ActionGENERAL SUPPORT | Chelsea, MI | $2K | 2020 |
| Greenhills SchoolGENERAL SUPPORT | Ann Arbor, MI | $2K | 2020 |
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