2024-01-26T09:18:17-06:00 2023-06-30 382184825 HUNGERFORD 675 E 16TH STREET 100 HOLLAND MI 49423 990 2022-07-01 383137984 GRAND RAPIDS PUBLIC SCHOOLS FOUNDATION GRAN 6168196895 PO BOX 2225 GRAND RAPIDS MI 49501 STEHPANIE ANDREWS PRESIDENT/CEO 6168196895 2024-01-26 1 STEHPANIE ANDREWS 999009999 0 JILL R SCHUTTE CPA P01773354 6163928534 2024-01-21 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEHPANIE ANDREWS PO BOX 2225 GRAND RAPIDS MI 49501 951213 0 X WWW.GRPSF.ORG X 1993 MI SEE SCHEDULE O CULTIVATING COMMUNITY RESOURCES TO ENRICH EDUCATIONAL EXPERIENCES AND REMOVE BARRIERS SO EVERY STUDENT LEARNS, DEVELOPS, AND THRIVES. 23 23 5 256 0 0 4788908 810050 76378 42092 49124 48552 -16084 -6853 4898326 893841 1907714 1650312 0 0 198035 319521 0 0 208871 196998 290368 2302747 2260201 2595579 -1366360 7185647 5111558 1237539 475269 5948108 4636289 X CULTIVATING COMMUNITY RESOURCES TO ENRICH EDUCATIONAL EXPERIENCES AND REMOVE BARRIERS SO EVERY STUDENT LEARNS, DEVELOPS, AND THRIVES. 0 0 384990 231409 42092 OUR RENEWED MISSION STATEMENT HIGHLIGHTS STUDENTS AT THE HEART OF OUR WORK, ALIGNS WITH THE REIMAGINE PLAN AT GRPS, AND IS RESPONSIVE TO THE CHANGING NEEDS OF SCHOLARS. WE STRIVE TO ENSURE EQUITABLE ACCESS TO THE RESOURCES AND EXPERIENCES THAT MAKE STUDENTS SUCCEED INSIDE AND BEYOND THE CLASSROOM. WE FUND PROGRAMS, RESOURCES, AND SPECIAL PROJECTS FOR GRPS. WE PROVIDE KEY PROGRAM SUPPORT FOR GRPS, IN THE AREAS OF SPORTS, ART & MUSIC, AND EXPERIENTIAL LEARNING. ADDITIONALLY, WE FUND RESOURCES FOR STUDENTS AND TEACHERS AS WELL AS AN ANNUAL SPECIAL PROJECT BASED ON NEEDS IN EDUCATION. SEE COMPLETE DETAILS IN SCHEDULE OTHE FOUNDATION FUNDED EXPERIENTIAL LEARNING SUCH AS FIELD TRIPS TO CAMP OR TRAVEL TO LAKE MICHIGAN. THE FOUNDATION PURCHASED MUSICAL INSTRUMENTS AND SUPPLIES FOR FINE ARTS. WE ALSO SUPPORTED THE ESSENTIAL NEEDS OF SCHOLARS THROUGH OUR TERESA WEATHERALL NEAL PRINCIPAL'S FUND THAT PROVIDED TEACHER SUPPLIES, SENT KIDS TO CAMP, AND FUNDED PROMS. TOGETHER WITH COMMUNITY PARTNERS WE HELD RESOURCE COLLECTION DRIVES. OUR FORMAL DRESS SHOP GAVE STUDENTS THE OPPORTUNITY TO CHOOSE A DRESS SO THEY COULD ATTEND HOMECOMING OR PROM DANCES. WE ALSO HELD A WARMTH DRIVE THAT COLLECTED HATS, MITTENS, COATS, BOOTS, AND SCARVES SO STUDENTS COULD PLAY AND EXPLORE OUTSIDE. 411193 411193 GREAT SPORTS FOR PHYSICAL WELLNESS IS AN AREA THAT THE FOUNDATION CONTINUES TO SUPPORT FOR THE SCHOLARS OF GRPS. THIS PROGRAM FUNDS AFTER-SCHOOL SPORTS TO ALLOW ALL STUDENTS FROM KINDERGARTEN TO 8TH GRADE TO PLAY AT NO COST TO THE SCHOLARS. IT ALSO ENCOURAGES A HEALTHY, ACTIVE LIFESTYLE AND GROWS THEIR PASSION AND LOVE OF SPORTS. THE GOAL IS TO DEVELOP EXCEPTIONAL, WELL-ROUNDED STUDENT-ATHLETES BY FOSTERING AN ATHLETICS PROGRAM THAT SUPPORTS ACADEMIC ACHIEVEMENT, WITH IMPROVED SCHOOL PERFORMANCE, ATHLETIC SKILL DEVELOPMENT, ACTIVE LIFESTYLE, STRENGTHENED POSITIVE ADULT RELATIONSHIPS, REDUCES STRESS, AND BUILDS SELF-ESTEEM AND TEAMWORK. 1007710 1007710 WE ARE IN THE COMPLETION PHASE OF THE GRPS TRANSFORMATION PLAN WITH PUBLIC, PRIVATE, AND COMMUNITY SUPPORT OF THE NEW GRPS PUBLIC MUSEUM SCHOOL FOR 6-12TH GRADES AS WELL AS ADDED A BACCALAUREATE PROGRAM FOR BOTH COIT CREATIVE ARTS ACADEMY AND SHERWOOD PARK GLOBAL STUDIES ACADEMY SCHOOLS. THIS INNOVATIVE AND FLEXIBLE APPROACH TO LEARNING IN THE 21ST CENTURY WAS PART OF THE XQ SUPER SCHOOL PROJECT. PROGRAM SERVICE: THE FOUNDATION SUPPORTS A ROBUST VISUAL AND MUSICAL ARTS CURRICULUM FOR ALL STUDENTS IN GRPS THROUGH A CONTINUUM OF PROGRAMMING, INCLUDING: ELEMENTARY STRINGS, DISTRICT-WIDE CHORAL AND MUSIC FESTIVALS, CLAY, POTTERY AND OTHER THREE DIMENSIONAL ART INSTRUCTIONS AND EXPOSURE THROUGH ENRICHMENT TRIPS TO LOCAL, ANCHOR ARTS ORGANIZATION LIKE THE GRAND RAPIDS ART MUSEUM, THE GRAND RAPIDS CIVIC THEATRE AND THE FREDERIK MEIJER GARDENS AND SCULPTURE PARK. ADDITIONALLY, WE FUND ALL SPORTS IN THE DISTRICT SO THAT ALL 1ST 8TH GRADERS HAVE AN OPPORTUNITY TO PLAY A WIDE VARIETY OF SPORTS. 1803893 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 22 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 6169885430 PO BOX 2225 GRAND RAPIDS MI 49501 BRENDAN GEARY PRESIDENT 2.00 X X 0 0 0 MISTI STANTON 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 CHRISTINE ARNOLD 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 MONICA STEIMLE-APP DIRECTOR 1.00 X 0 0 0 PAUL LEE DIRECTOR 1.00 X 0 0 0 PETER KNOESTER DIRECOR 1.00 X 0 0 0 RUTH POSTHUMUS 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 BRIDGET CHENEY LIASON 1.00 X 0 0 0 RAYNARD ROSS LIASON 1.00 X 0 0 0 DR LEADRIANE ROBY EX OFFICIO 1.00 X 0 0 0 MATT MARLOW EX OFFICIO 1.00 X 0 0 0 MADELAINE LANE AT-LARGE 1.00 X 0 0 0 STEPHANIE ANDREWS PRESIDENT/CEO 40.00 X 121013 0 1248 121013 0 1248 1 0 0 0 0 318359 491691 810050 MANAGEMENT FEES 523940 42092 42092 42092 48552 48552 50519 318359 57372 -6853 -6853 893841 42092 0 41699 1650312 1650312 125898 31475 31475 62948 148481 30790 39230 78461 12931 2856 3358 6717 11079 2511 2856 5712 21132 4790 5447 10895 22260 22260 8444 8444 65690 37315 26875 1500 48881 1392 37195 10294 14000 14000 22105 22105 2564 2457 107 1659 1659 3789 3789 BAD DEBT 25730 25021 309 400 DUES AND SUBSCRIPTIONS 24837 3087 21750 OFFICE SUPPLIES 16339 733 6983 8623 SUPPLIES 12931 8013 4829 89 21139 6228 13429 1482 2260201 1803893 247437 208871 3316537 1539284 265085 267310 2245177 1769601 151380 193562 30245 9500 8766 1479 4063 7287 1173160 1274279 7945 0 42790 7185647 5111558 1237539 432347 0 42922 1237539 475269 X 836936 974138 5111172 3662151 5948108 4636289 7185647 5111558 -1366360 54541 0 X 0 1 X 1 0 X 3521089 3426455 3779955 4788908 810050 16326457 3521089 3426455 3779955 4788908 810050 16326457 2987082 13339375 7655 46107 30241 49636 48552 182191 16508648 166716 0.80800 0.81460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 576697 80000 80007 36123 6968 693613 696346 30133 -116045 25882 7855 576697 535582 52146 168273 52633 7022 696346 508691 5000 27813 5922 535582 490538 600 26536 8983 508691 0.20710 0.79290 1 0 8766 1479 7287 7287 LEASE LIABILITY 42922 42922 939938 54541 54541 885397 8444 8444 893841 2251757 0 2251757 8444 8444 2260201 MINDSHARE 225259 203013 22246 22985 5708 TURKEY TROT 106426 106426 2 37193 8920 28273 28273 406 368878 318359 50519 51258 6114 57372 -6853 0 GRAND RAPIDS PUBLIC SCHOOLS 1331 FRANKLIN SE GRAND RAPIDS MI 49501 386002019 1650312 0 ADVANCED CHARITABLES 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 THE CONFLICT OF INTEREST POLICY IS REVIEWED AND QUESTIONNAIRES ARECOMPLETED BY ALL BOARD MEMBERS REGULARLY. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD OFDIRECTORS 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, ITS FORM 990, CONFLICT OF INTEREST POLICY, AND OTHER GOVERNING DOCUMENTS AS REQUIRED. THE 990 IS ALSO AVAILABLE ON GUIDESTAR.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. ALSO, AS NOTED EARLIER, THE ORGANIZATION IS A FISCAL SPONSOR FOR THE XQ SUPER SCHOOL GRANT, $10,000,000 WAS RECOGNIZED IN PRIOR YEARS AS THE FUNDS WERE RECEIVED, BUT NOT ALL OF THE FUNDS WERE TRANSFERRED. 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.