GRAND RAPIDS, MI

Verduin Charitable Foundation

Quick Facts

EIN: 382798628
Location: GRAND RAPIDS, MI
Phone: (616) 826-5294
Category: General
Total Assets: $1
Annual Income: $99K
IRS Ruling Year: 1988
Organization Type: Non-Operating Foundation
Principal Officer: % Calvin Verduin
Tax Deductibility: Contributions are deductible

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About This Foundation

Verduin Charitable Foundation is a private corporation based in GRAND RAPIDS, MI. The foundation received its IRS ruling in 1988. The principal officer is % Calvin Verduin. It holds total assets of $1. Annual income is reported at $99K. Contributions to Charitable Organizations. According to available records, Verduin Charitable Foundation has made 6 grants totaling $351K, with a median grant of $55K. Annual giving has grown from $68K in 2020 to $120K in 2023. Individual grants have ranged from $20K to $100K, with an average award of $58K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Programs & Activities

Contributions to Charitable Organizations

Frequently Asked Questions

What does Verduin Charitable Foundation fund?

Contributions to Charitable Organizations. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in MI.

How much does Verduin Charitable Foundation give in grants?

Verduin Charitable Foundation has distributed a total of $351K across 6 grants. The median grant size is $55K, with an average of $58K. Individual grants have ranged from $20K to $100K.

How do I apply for a grant from Verduin Charitable Foundation?

Verduin Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.

Where is Verduin Charitable Foundation located?

Verduin Charitable Foundation is headquartered in GRAND RAPIDS, MI.

Key People & Compensation (2023)

Name	Title	Compensation	Benefits	Total
Calvin Verduin	President	$0	$0	$0

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$136K

2023+24056%

Total Assets

$48K

2023-13%

Fair Market Value

$48K

2023

Net Worth

$48K

2023

Grants Paid

$136K

2023

Contributions

$131K

2023

Net Investment Income

2023

Distribution Amount

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Revenue Sources (2023)

Contributions: $131K
Interest: $597
Capital Gains (Net): $-2,127

Financial Details (2023)

Total Revenue: $129K
Total Expenses: $136K
Exempt Purpose Expenses: $0
Required Distribution: $0
Undistributed Income: $0
Total Liabilities: $1

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$351K

Average Grant

$58K

Median Grant

$55K

Unique Recipients

Most Common Grant

$41K

Grant Disbursements by Year

Grant Range

Min$20K

Max$100K

Median: $55K

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

MI$351K (6)

Past Grantees

Recipient	Location	Amount	Year
Benjamins HopeCharitable	Holland, MI	$100K	2023
Porter Hills FoundationCharitable	Holland, MI	$20K	2023
Various CharitiesCharitable	Grand Rapids, MI	$41K	2022
Various CharisiteCharitable	Grand Rapids, MI	$68K	2020