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Nonprofit · EIN 38-3147133

GRAND ACTION FOUNDATION 2 0

Tax-exempt · GRAND RAPIDS, MI 49503

Financials

$3M$2.7M2022$23.6M$13.4M2023$49.2M$71.5M2024
Revenue Expenses · by fiscal year end
Financials of GRAND ACTION FOUNDATION 2 0 by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$49,208,375$71,460,181-$22,251,806$88,460,680$85,609,345$2,851,335
March 31, 2024990$23,573,841$13,403,834$10,170,007$44,255,004$42,209,900$2,045,104
March 31, 2023990$3,045,526$2,749,655$295,871$21,400,941$20,745,240$655,701
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$48,589,060
of which government grants
$37,793,398
Program service revenue
$0
Investment income
$619,315
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$228,557
Other salaries and wages
$60,630
Salaries, compensation and benefits (total)
$321,661
Professional fundraising fees
$0
Occupancy
$26,453
Program services (functional)
$71,154,013
Management and general (functional)
$264,168
Fundraising (functional)
$42,000

Balance sheet and other

Total assets, start of year
$44,255,004
Total assets, end of year
$88,460,680
Total liabilities, end of year
$85,609,345
Net assets, end of year
$2,851,335
Net assets without donor restrictions
$2,851,335
Gross receipts
$49,208,375
Employees
0
Volunteers
44
Year formed
1993
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KARA WOODEXECUTIVE DIRECTOR
Trustee or director, Officer
40$210,354$17,472
RICHARD DEVOS JRPRESIDENT
Trustee or director, Officer
0.25$0$0
CAROL VAN ANDELSECRETARY
Trustee or director, Officer
0.25$0$0
THOMAS G WELCH JRTREASURER
Trustee or director, Officer
1$0$0
990 for the year ended March 31, 2024: 4 people
NameTitleHours / weekCompensationOther / benefits
KARA WOODEXECUTIVE DIRECTOR
Trustee or director, Officer
40$198,028$16,884
RICHARD DEVOS JRPRESIDENT
Trustee or director, Officer
0.25$0$0
CAROL VAN ANDELSECRETARY
Trustee or director, Officer
0.25$0$0
THOMAS G WELCH JRTREASURER
Trustee or director, Officer
1$0$0
990 for the year ended March 31, 2023: 5 people
NameTitleHours / weekCompensationOther / benefits
JON NUNN END 723ASSISTANT SECRETARY AND AS
Trustee or director, Officer
40$134,840$8,365
KARA WOOD BEG 723ASSISTANT SECRETARY AND AS
Trustee or director, Officer
40$88,012$11,411
RICHARD DEVOS JRPRESIDENT
Trustee or director, Officer
0.25$0$0
CAROL VAN ANDELSECRETARY
Trustee or director, Officer
0.25$0$0
THOMAS G WELCH JRTREASURER
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
125 OTTAWA AVE NW STE 152, GRAND RAPIDS, MI 49503-2849
In care of
% JON NUNN
Principal officer (990 for 2024)
RICHARD DEVOS JR, 125 OTTAWA AVE NW SUITE 152, GRAND RAPIDS, MI 49503
Signed the 990
THOMAS G WELCH, TREASURER
Phone
(616) 263-6600
Return prepared by
DELOITTE TAX LLP

Mission

TO PROMOTE ECONOMIC AND CULTURAL DEVELOPMENT OF GRAND RAPIDS, MICHIGAN

990 for the year ended March 31, 2025

Program accomplishments

  • AS PART OF THE 2.0 LAUNCH, GRAND ACTION FOUNDATION HAS REENGAGED CONVENTION SPORTS AND LEISURE INTERNATIONAL (CSL) TO PROVIDE UPDATES ON INITIATIVES AND RECOMMENDATIONS WHICH WERE IDENTIFIED IN THE ORIGINAL DESTINATION ASSET STUDY CONDUCTED FOUR YEARS AGO. THE PROJECTS IDENTIFIED INCLUDE PENDING OPPORTUNITIES FOR EXPLORATION AS FUTURE GRAND ACTION PROJECTS WHICH MAY CONSIST OF: AN EXPANSION OF DEVOS PLACE, THE CONSTRUCTION OF AN OUTDOOR AMPHITHEATER, THE CONSTRUCTION OF A SOCCER/FIELD SPORTS ARENA, OR AN AERIAL TRANSPORTATION/GONDOLA PROJECT. THE RESEARCH WILL ASSIST GRAND ACTION IN DEVELOPING A PLAN AND STRATEGIES FOR FUTURE INVESTMENT IN DESTINATION ASSETS AND THE ECONOMIC DEVELOPMENT OF GRAND RAPIDS. GRAND ACTION FOUNDATION'S ROLE IS IN PROVIDING FINANCIAL SUPPORT FOR THESE STUDIES AND CONSTRUCTION OF POTENTIAL FUTURE PROJECTS.AS PART OF THIS PROCESS, GRAND ACTION FOUNDATION WILL CONTINUE TO WORK WITH GOVERNMENTAL BODIES, PUBLIC-PRIVATE PARTNERSHIPS, NONPROFIT ORGANIZATIONS, EDUCATIONAL INSTITUTIONS, COMMUNITY LEADERS, AND THE GENERAL PUBLIC IN PLANNING, PROMOTING, DEVELOPING, ORGANIZING, AND OVERSEEING THE REALIZATION OF CIVIC, CULTURAL, EDUCATIONAL, SCIENTIFIC RESEARCH, AND ENTERTAINMENT FACILITIES, WITH A GOAL OF FOSTERING, SUPPORTING, ENCOURAGING, AND REINFORCING ECONOMIC, SOCIAL, AND CULTURAL DEVELOPMENT IN THE GREATER GRAND RAPIDS AREA AND IN THE SURROUNDING AREAS OF WEST MICHIGAN. GAF 2.0'S WORK IS NEARING COMPLETION FOR THE PLANNING AND DESIGN FOR TWO PROJECTS, A DOWNTOWN AMPHITHEATER AND A SOCCER STADIUM. THE PROJECTS ARE IN THE LATE STAGES OF DESIGN AND DEVELOPMENT AND GAF 2.0 IS CONTINUING TO ADVANCE DESIGN DEVELOPMENT OF THE TWO FACILITIES AS MILESTONES ARE ACHIEVED AND GAF 2.0 WILL CONTINUE TO PROVIDE FINANCIAL SUPPORT FOR THE STUDIES, DESIGN AND CONSTRUCTION OF THE TWO FACILITIES.
    Expenses $71,154,013

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
38-3147133
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$88,460,680
Income (IRS master file)
$49,208,375

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$49,208,375$71,460,181$88,460,680XML
990March 2024$23,573,841$13,403,834$44,255,004XML
990March 2023$3,045,526$2,749,655$21,400,941XML
990March 2022$125,941$445,621$828,035IRS
990March 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-3147133).

Questions about GRAND ACTION FOUNDATION 2 0

What is the EIN of GRAND ACTION FOUNDATION 2 0?
The employer identification number (EIN) of GRAND ACTION FOUNDATION 2 0 is 38-3147133.
Is GRAND ACTION FOUNDATION 2 0 tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to GRAND ACTION FOUNDATION 2 0 tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GRAND ACTION FOUNDATION 2 0 file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GRAND ACTION FOUNDATION 2 0 due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GRAND ACTION FOUNDATION 2 0 last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of GRAND ACTION FOUNDATION 2 0?
The 990 for the year ended March 31, 2025 names RICHARD DEVOS JR.
Who are the officers and directors of GRAND ACTION FOUNDATION 2 0?
The 990 for the year ended March 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $210,354 (KARA WOOD, EXECUTIVE DIRECTOR).
How much revenue does GRAND ACTION FOUNDATION 2 0 have?
On its 990 for the year ended March 31, 2025 it reported revenue of $49,208,375, expenses of $71,460,181 and total assets of $88,460,680 at year end.

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