2026-01-21T09:18:05-06:00 2025-06-30 382184825 HUNGERFORD CPAS ADVISORS 675 E 16TH STREET 100 HOLLAND MI 49423 990 2024-07-01 383137984 GRAND RAPIDS PUBLIC SCHOOLS FOUNDATION GRAN 6168196895 PO BOX 2225 GRAND RAPIDS MI 49501 STEPHANIE ANDREWS PRESIDENT/CEO 6168196895 2026-01-14 1 0 JILL R SCHUTTE CPA P01773354 6163928534 2026-01-14 2024 2025-03-06 01:10:19Z STEPHANIE ANDREWS PO BOX 2225 GRAND RAPIDS MI 49501 715633 0 X WWW.GRPSF.ORG X 1993 MI RAISING AND STEWARDING FUNDS TO SUPPORT GRAND RAPIDS PUBLIC SCHOOLS STUDENTS. 23 23 5 387 0 0 647099 653147 6623 146625 57250 138400 -19240 -277820 691732 660352 971040 900761 0 0 325094 285951 0 0 175112 162168 169915 1458302 1356627 -766570 -696275 4002298 3569793 59385 318383 3942913 3251410 X CULTIVATING COMMUNITY RESOURCES TO ENRICH EDUCATIONAL EXPERIENCES AND REMOVE BARRIERS SO EVERY STUDENT LEARNS, DEVELOPS, AND THRIVES. THE GRPS FOUNDATION'S MISSION IS TO REMOVE BARRIERS AND SECURE ESSENTIAL FUNDING FOR CRITICAL PROGRAMS, PROJECTS, AND RESOURCES, ENSURING THAT EVERY STUDENT IN THE GRAND RAPIDS PUBLIC SCHOOLS (GRPS) SYSTEM LEARNS, DEVELOPS, AND THRIVES. AS THE PRIMARY FOUNDATION FOR WEST MICHIGAN'S LARGEST PUBLIC SCHOOL DISTRICT, GRPS FOUNDATION SUPPORTS NEARLY 14,000 STUDENTS, INSPIRING FUTURE SUCCESS THROUGH A WELL-ROUNDED APPROACH TO EDUCATION. EACH YEAR, WE FUND VITAL PROGRAMS IN SPORTS, ARTS, MUSIC, AND EXPERIENTIAL LEARNING, OFFERING HANDS-ON, REAL-WORLD EXPERIENCES THAT COMPLEMENT CLASSROOM INSTRUCTION. OUR SUPPORT EXTENDS TO PROVIDING STUDENTS WITH ESSENTIAL RESOURCES, INCLUDING WARM CLOTHING, SCHOOL SUPPLIES, AND VOLUNTEER-LED INITIATIVES LIKE PLAYGROUND CLEAN-UPS. ADDITIONALLY, WE ADMINISTER MINI-GRANTS FOR TEACHERS AND PRINCIPALS, EMPOWERING EDUCATORS. 0 0 799236 684662 146625 GRPS STUDENTS AND EDUCATORS REMAIN AT THE HEART OF OUR MISSION, ENSURING EQUITABLE ACCESS TO RESOURCES THAT FOSTER SUCCESS INSIDE AND OUTSIDE THE CLASSROOM. WE FUND ESSENTIAL PROGRAMS IN SPORTS, ARTS, MUSIC, AND EXPERIENTIAL LEARNING, AS WELL AS CRITICAL RESOURCES FOR STUDENTS AND TEACHERS. EACH YEAR, WE REVIEW OUR GOALS AND MAKE SURE OUR FUNDRAISING IS ALIGNED WITH EMERGING EDUCATIONAL NEEDS.SEE COMPLETE DETAILS IN SCHEDULE OIN 2025, WE CONTINUED TO SUPPORT TEACHER MINI-GRANTS, AWARDING $500 EACH TO 50 TEACHERS FOR CLASSROOM ENHANCEMENTS THAT FOSTER HANDS-ON LEARNING. THESE GRANTS FUNDED UNIQUE EDUCATIONAL TOOLS LIKE HANDHELD MICROSCOPES, SCHOOL GARDEN SUPPLIES, BIRDFEEDERS WITH CAMERAS, OWL PELLETS, AND AFTER-SCHOOL CLUBS.WE ALSO ADDRESSED STUDENT ESSENTIALS THROUGH THE TERESA WEATHERALL NEAL PRINCIPAL'S FUND, WHICH PROVIDED 19 SCHOOLS WITH RESOURCES TO SUPPORT SENIOR TRIPS, CAPS AND GOWNS, AND CAMP EXPERIENCES. ADDITIONALLY, WE COLLABORATED WITH COMMUNITY PARTNERS TO ORGANIZERESOURCE DRIVES, INCLUDING A WARMTH DRIVE THAT PROVIDED OVER 500 ITEMS OF ASSORTED HATS, MITTENS, COATS, BOOTS, AND SCARVES TO ENSURE STUDENTS COULD COMFORTABLY PLAY AND EXPLORE OUTSIDE. 216099 216099 ELEMENTARY AND MIDDLE SCHOOL SPORTS FOR PHYSICAL WELLNESS AND SOCIAL-EMOTIONAL HEALTH REMAIN A VITAL FOCUS OF THE FOUNDATION'S SUPPORT FOR GRPS SCHOLARS. THIS PROGRAM PROVIDES FUNDING FOR AFTER-SCHOOL SPORTS, ENSURING THAT ALL STUDENTS FROM KINDERGARTEN TO 8TH GRADE CAN PARTICIPATE AT NO COST. BY PROMOTING A HEALTHY, ACTIVE LIFESTYLE, WE HELP STUDENTS DEVELOP A LIFELONG PASSION FOR PHYSICAL ACTIVITY AND TEAMWORK.THE FOUNDATION PROVIDED FUNDING TO SUPPORT OVER 3,200 ELEMENTARY AND MIDDLE SCHOOL STUDENTS IN FREE SPORTS PROGRAMMING, COVERING ESSENTIAL COSTS SUCH AS UNIFORMS, COACHES, TRANSPORTATION, AND EVENT FEES. THESE ACTIVITIES STRENGTHEN STUDENTS' RELATIONSHIPS WITH POSITIVE ADULT MENTORS, CULTIVATE RESILIENCE, AND INSTILL THE VALUES OF TEAMWORK AND PERSEVERANCE. THROUGH THIS PROGRAM, THE FOUNDATION HELPS STUDENTS THRIVE BOTH ON AND OFF THE FIELD, LAYING AFOUNDATION FOR HOLISTIC DEVELOPMENT AND LIFELONG WELLNESS.OUR GOAL IS TO NURTURE WELL-ROUNDED STUDENT-ATHLETES BY FOSTERING AN ATHLETICS PROGRAM THAT NOT ONLY BUILDS ATHLETIC SKILLS BUT ALSO SUPPORTS ACADEMIC SUCCESS AND SOCIAL-EMOTIONAL GROWTH. PARTICIPATION IN SPORTS HAS BEEN SHOWN TO IMPROVE SCHOOL PERFORMANCE, REDUCE STRESS, AND BUILD SELF-ESTEEM.SEE COMPLETE DETAILS IN SCHEDULE O 1015335 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 5 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MI X X STEPHANIE ANDREWS 6168196895 PO BOX 2225 GRAND RAPIDS MI 49501 MISTI STANTON PRESIDENT 2.00 X X 0 0 0 MONICA STEIMLE-APP VICE PRESIDENT 1.00 X X 0 0 0 AMY TURNER-THOLE SECRETARY 1.00 X X 0 0 0 GRETCHEN MOUSEL TREASURER 2.00 X X 0 0 0 ANNE MARIE CARSON DIRECTOR 1.00 X 0 0 0 CHARISSA HUANG DIRECTOR 1.00 X 0 0 0 GREG RIOS DIRECTOR 1.00 X 0 0 0 JOE DIBENEDETTO DIRECTOR 1.00 X 0 0 0 MAX GIBBS DIRECTOR 1.00 X 0 0 0 MIKE HUFF DIRECTOR 1.00 X 0 0 0 BRENDAN GEARY DIRECTOR 1.00 X 0 0 0 PETER KNOESTER DIRECTOR 1.00 X 0 0 0 SOMMAR BOESE DIRECTOR 1.00 X 0 0 0 TIM DUFLO DIRECTOR 1.00 X 0 0 0 TONY BAKER DIRECTOR 1.00 X 0 0 0 ALEXIS REAME DIRECTOR 1.00 X 0 0 0 EMILY CANTOR DIRECTOR 1.00 X 0 0 0 DR LEADRIANE ROBY EX OFFICIO DIRECTOR 1.00 X 0 0 0 MATT MARLOW EX OFFICIO DIRECTOR 1.00 X 0 0 0 STEPHANIE ANDREWS PRESIDENT/CEO 40.00 X 121550 0 8460 JAVIER CERVANTES DIRECTOR 1.00 X 0 0 0 RAYNARD ROSS DIRECTOR 1.00 X 0 0 0 DR LISA LOWERY DIRECTOR 1.00 X 0 0 0 JERMALE EDDY DIRECTOR 1.00 X 0 0 0 121550 0 8460 1 0 0 0 0 254238 398909 20000 653147 MANAGEMENT FEES 523940 146625 146625 146625 138400 138400 36261 254238 55281 -19020 -19020 DISCOUNT ON PLEDGES 900099 -258800 -258800 -258800 660352 146625 0 -139420 900761 900761 129791 16224 16224 97343 132961 54756 28423 49782 695 702 364 -371 2420 1370 784 266 20084 5386 3806 10892 26058 26058 11290 11290 18226 4651 8715 4860 40131 30098 4816 5217 12708 9884 2824 7279 7279 18373 18373 3783 3783 2226 2226 2304 2282 22 DUES AND SUBSCRIPTIONS 11719 10920 799 BANK AND CREDIT CARD FE 6370 658 3213 2499 SUPPLIES 5951 699 5008 244 MEALS AND ENTERTAINMENT 2807 2712 95 690 30 20 640 1356627 1015335 166180 175112 673029 840640 273273 319176 1390448 939000 193562 0 5304 8699 8765 4847 5602 3918 1436890 1430297 7404 6862 16786 21201 4002298 3569793 42414 297182 16971 21201 59385 318383 X 1016529 736207 2926384 2515203 3942913 3251410 4002298 3569793 -696275 4772 0 X 0 1 X 1 0 X 3779955 4788908 810050 647099 653147 10679159 3779955 4788908 810050 647099 653147 10679159 2429870 8249289 30241 49636 48552 57250 138400 324079 11003238 79353 0.74970 0.80800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 824515 55033 103288 40157 10026 932653 693613 60007 89449 10170 8384 824515 576697 80000 80007 36123 6968 693613 696346 30133 -116045 25882 7855 576697 535582 52146 168273 52633 7022 696346 0.25000 0.75000 1 0 8765 4847 3918 0 3918 LEASE LIABILITY 21201 21201 653834 4772 4772 649062 11290 11290 660352 1345337 0 1345337 11290 11290 1356627 MINDSHARE 207214 187113 20101 58 20101 0 15116 LUNCHEON 57789 41929 15860 2300 15860 0 721 2 25496 25196 300 300 825 290499 254238 36261 2358 36261 16662 55281 -19020 0 GRAND RAPIDS PUBLIC SCHOOLS 1331 FRANKLIN SE GRAND RAPIDS MI 49501 386002019 900761 0 STUDENT AND STAFF SUPPORT PART 1, LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS BOARD REVIEWS ALL USE OF FUNDS DISTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B PROVIDED TO THE FINANCE COMMITTEE WHICH VOTES TO APPROVE AND THEN SHARED WITH THE BOARD OF DIRECTORS FOR A FINAL VOTE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE FILLED OUT BY THE BOARD OF DIRECTORS EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD OF DIRECTORS AND IS REPRESENTATIVE OF A FAIR WAGE IN RELATION TO INDUSTRY NORMS IN THE GREATER GRAND RAPIDS AREA. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION WILL MAKE AVAILABLE, UPON REQUEST, CONFLICT OF INTEREST POLICY, AND OTHER GOVERNING DOCUMENTS AS REQUIRED. THE 990 IS AVAILABLE ON THE GRPS FOUNDATION WEBSITE, GRPSF.ORG AND ALSO AVAILABLE ON CANDID.ORG FORM 990 PART VIII LINE 12 THE ORGANIZATION RECEIVES REVENUE FROM VARIOUS SOURCES AND USES FASB ASU 2018-08 NOT-FOR-PROFIT ENTITIES (TOPIC 958) CLARIFYING THE SCOPE AND THE ACCOUNTING GUIDANCE FOR CONTRIBUTIONS RECEIVED AND CONTRIBUTIONS MADE TO DETERMINE WHEN TO RECOGNIZE REVENUE. THE TIMING OF THE REVENUE RECOGNITION DOES NOT ALWAYS MATCH THE EXPENDITURES. IN FISCAL YEAR 2022, THE ORGANIZATION RECOGNIZED $2,100,000 OF CONTRIBUTION REVENUE THAT WILL BE PAID OUT OVER 10-20 YEARS FOR VARIOUS PURPOSES. IN THE CURRENT YEAR, LESS REVENUE WAS RECOGNIZED DUE TO THE PAYMENT SCHEDULE, BUT REMAINING FUNDS FROM PRIOR YEARS WERE EXPENSED. DUE TO THESE FACTORS, THE CHANGE IN NET ASSETS REPORTED ON STATEMENTS OF ACTIVITIES CAN VARY SIGNIFICANTLY FROM YEAR TO YEAR.