2026-04-10T13:32:03-05:00 2025-06-30 331498605 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT STE 300 AUBURN HILLS MI 48326 990 2024-07-01 386100380 GRAND RAPIDS COMMUNITY COLLEGE FOUNDATION GRAN 6162343939 143 BOSTWICK NE GRAND RAPIDS MI 49503 JOHN GLOBOKER VP OF FINANCE AND ADMIN. 6162343939 2026-04-09 1 1 DORI J EGGETT P00645252 2483757100 2026-03-28 2024 2025-03-06 01:10:19Z ERIN VAN EGMOND 143 BOSTWICK NE GRAND RAPIDS MI 49503 44971447 0 X WWW.GRCC.EDU/FOUNDATION X 1964 MI TO SECURE AND MANAGE FINANCIAL GIFTS IN SUPPORT OF STUDENT, EMPLOYEE, AND COMMUNITY LEARNING. 26 25 0 26 0 0 1700579 2378929 0 0 3801437 12674900 196530 -106349 5698546 14947480 3806891 2334284 0 0 11296 459407 0 0 400877 755388 283790 4573575 3077481 1124971 11869999 41903794 45653017 2250624 1957653 39653170 43695364 IT IS THE MISSION OF THE GRCC FOUNDATION TO SECURE AND MANAGE FINANCIAL GIFTS TO SUPPORT AND PROMOTE STUDENT, EMPLOYEE AND COMMUNITY LEARNING, ENABLING THE COLLEGE TO FULFILL ITS MISSION AND VISION. 0 0 423999 423999 0 TRANSFERS TO GRAND RAPIDS COMMUNITY COLLEGE FOR CAPITAL IMPROVEMENTS AND SUPPORT OF VARIOUS PROGRAMS. 1910285 1910285 0 THE FOUNDATION PROVIDED $1,910,285 IN SUPPORT TO GRAND RAPIDS COMMUNITY COLLEGE STUDENTS AND FACULTY. THIS FUNDING INCLUDED $1,486,436 IN DIRECT SCHOLARSHIPS AND GRANTS, SUPPORTED BY $423,849 IN PROGRAM SERVICES. THESE AWARDS FACILITATED VITAL OPPORTUNITIES FOR STUDENT SUCCESS, FACULTY PROFESSIONAL DEVELOPMENT, AND INSTRUCTIONAL IMPROVEMENT. 2334284 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 13 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 26 25 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MI X X ERIN VAN EGMOND 6162343932 143 BOSTWICK NE GRAND RAPIDS MI 49503 CHARLES LEPPER DIRECTOR - PART YEAR 1.00 39.00 X 0 326070 50109 LISA FREIBURGER ASSISTANT TREASURER - PART YEAR 1.00 39.00 X X 0 198479 76910 ERIN VAN EGMOND EXECUTIVE DIRECTOR 32.00 8.00 X 108389 27097 57398 VIKKI JOBE-COOPER DIRECTOR 1.00 39.00 X 0 108494 59760 STEVEN TRIEZENBERG DIRECTOR 1.00 39.00 X 0 0 0 NANCY AYRES VICE-CHAIRPERSON 1.00 0.00 X X 0 0 0 JEFF PAUZA TREASURER 1.00 0.00 X X 0 0 0 JULIE LEPZINSKI SECRETARY 1.00 0.00 X X 0 0 0 KRISTINE BABCOCK CHAIRPERSON 1.00 0.00 X X 0 0 0 STEPHEN ABID DIRECTOR 1.00 0.00 X 0 0 0 BETH BANTA DIRECTOR 1.00 0.00 X 0 0 0 DAVID BOTTRALL DIRECTOR 1.00 0.00 X 0 0 0 KENYATTA BRAME DIRECTOR 1.00 0.00 X 0 0 0 JAMES BUZZITTA DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL DESPRES DIRECTOR 1.00 0.00 X 0 0 0 ALAN DOERING DIRECTOR 1.00 0.00 X 0 0 0 MARCUS JACKSON DIRECTOR 1.00 0.00 X 0 0 0 ELLEN JAMES DIRECTOR 1.00 0.00 X 0 0 0 BRANDY LOVELADY MITCHELL DIRECTOR 1.00 0.00 X 0 0 0 JENN MARTIN DIRECTOR 1.00 0.00 X 0 0 0 KAYLEE MORENO BURKE DIRECTOR 1.00 0.00 X 0 0 0 ARIAN NELSON DIRECTOR 1.00 0.00 X 0 0 0 SAMUEL OJO DIRECTOR 1.00 0.00 X 0 0 0 ALEJANDRO QUIROGA DIRECTOR - PART YEAR 1.00 0.00 X 0 0 0 EDDIE RUCKER DIRECTOR 1.00 0.00 X 0 0 0 SHERYL SIEGEL DIRECTOR 1.00 0.00 X 0 0 0 AARON TURNER DIRECTOR 1.00 0.00 X 0 0 0 KATE VEENSTRA DIRECTOR 1.00 0.00 X 0 0 0 MARK WALTERS DIRECTOR 1.00 0.00 X 0 0 0 TERESA WEATHERALL NEAL DIRECTOR 1.00 0.00 X 0 0 0 108389 660140 244177 1 0 1 0 FIFTH THIRD BANK 38 FOUNTAIN SQUARE PLAZA CINCINNATI OH 45263 INVESTMENT MANAGEMENT 156983 1 228634 77515 2072780 64780 2378929 1296162 1296162 41253040 29874302 11378738 11378738 11378738 43316 228634 149665 -106349 -106349 14947480 0 0 12568551 2322937 2322937 11347 11347 5810 5810 453597 131067 322530 26834 26834 9175 9175 156983 156983 69066 3732 65334 14529 14529 7203 7203 3077481 2334284 342320 400877 775614 1345347 1451994 2226008 266669 109223 39287201 41865128 122316 107311 41903794 45653017 252609 270542 454732 10400 1543283 1676711 2250624 1957653 X 10378034 11503547 29275136 32191817 39653170 43695364 41903794 45653017 X 11869999 -7658502 -169303 X X 0 1 X 1 0 X 6121584 8139218 2484101 1700579 2378929 20824411 297230 309276 333864 355078 382718 1678166 6418814 8448494 2817965 2055657 2761647 22502577 8662309 13840268 199931 981760 657718 723836 1296162 3859407 134681 124600 196530 -106349 349462 26711446 0.51810 0.46670 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING INCOME - 2020 AMOUNT: $ 134,681. 2022 AMOUNT: $ 124,600. 2023 AMOUNT: $ 196,530. 2024 AMOUNT: $ -106,349. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 0 4836 106983 1 1 16988800 992361 1948209 863662 -129622 19195330 16034311 285527 1565330 892763 3605 16988800 14938751 243426 1641567 835607 -46174 16034311 19018170 246713 -3677598 939044 -290510 14938751 15409425 1034547 3588283 1021805 -7720 19018170 0.00000 0.64200 0.35800 0 0 0 FUNDS HELD ON BEHALF OF OTHERS 1676711 1676711 7345410 -7658502 382718 -7275784 14621194 156983 169303 326286 14947480 3303216 382718 382718 2920498 156983 156983 3077481 PART V, LINE 4: ENDOWMENT FUNDS ARE USED FOR PURPOSES CONSISTENT WITH PROVIDING SCHOLARSHIPS, GRANTS FOR PROFESSIONAL DEVELOPMENT, AND TO ADDRESS OTHER COLLEGE NEEDS. PART XI, LINE 4B - OTHER ADJUSTMENTS: PROMISE ZONE FLOWTHROUGH 169,303. SCHOLARFEST 79650 78388 1262 430 10303 5306 GIANT AWARDS 192300 150246 42054 2305 34849 67055 4300 25117 271950 228634 43316 2735 34849 77358 4300 30423 149665 -106349 1 GRAND RAPIDS COMMUNITY COLLEGE 143 BOSTWICK AVE NE GRAND RAPIDS MI 49503 382980195 115 2257157 65780 FAIR MARKET VALUE EQUIPMENT AND LAB SUPPLIES PROGRAM SUPPORT 1 0 EMERGENCY GRANTS TO STUDENTS 39 11347 PART I, LINE 2: FOR SCHOLARSHIPS AND/OR STUDENT ASSISTANCE, THE AMOUNTS ARE MANAGED THROUGH THE FINANCIAL AID PROCESS AND DOCUMENTED WITH RECORDS IN THE FINANCIAL AND/OR FOUNDATION OFFICERS. GRANTS TO GRCC EMPLOYEES FOR PROFESSIONAL DEVELOPMENT AND OTHER PROGRAMS ARE MANAGED AND DOCUMENTED BY THE FOUNDATION USING COLLEGE/FOUNDATION PROCEDURES. X 0 1 0 0 0 0 0 0 0 0 0 CHARLES LEPPER DIRECTOR - PART YEAR 0 252881 0 0 0 73189 0 34000 0 16109 0 376179 0 0 LISA FREIBURGER ASSISTANT TREASURER - PART YEAR 0 184250 0 0 0 14229 0 60827 0 16083 0 275389 0 0 ERIN VAN EGMOND EXECUTIVE DIRECTOR 95350 23837 0 0 13039 3260 33031 8258 12887 3222 154307 38577 0 0 VIKKI JOBE-COOPER DIRECTOR 0 106689 0 0 0 1805 0 38752 0 21008 0 168254 0 0 PART I, LINE 1A COUNTRY CLUB DUES ARE TREATED AS TAXABLE INCOME TO THE PRESIDENT, WHO UTILIZES THE MEMBERSHIP FOR BUSINESS PURPOSES. PART I, LINE 3 THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS ESTABLISHED BY GRAND RAPIDS COMMUNITY COLLEGE POLICY AND PROCEDURES, APPROVED BY THE COLLEGE PRESIDENT, THE COLLEGE BOARD OF TRUSTEES, AND THE GRCC FOUNDATION BOARD OF DIRECTORS. COMPENSATION FOR COMPARABLE POSITIONS AT OTHER SIMILAR EDUCATIONAL INSTITUTIONS IS CONSIDERED IN SETTING COMPENSATION LEVELS. X 2 40000 FMV X WATER HEATER 1 14780 FMV X FOOD PANTRY GIFT CARDS 1 10000 FMV 0 0 0 PART I, COLUMN (B): THE NUMBER IN COLUMN B REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS ARE GRCC PRESIDENT, GRCC BOARD OF TRUSTEES CHAIRPERSON, AND GRCC BOARD OF TRUSTEES TREASURER). THE MEMBERS APPROVE/ELECT THE BOARD OF DIRECTORS OF THE GRCC FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF GRCC FOUNDATION HAVE THE POWER TO APPOINT MEMBERS TO THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE GRCC FOUNDATION BOARD OF DIRECTORS PROPOSES CANDIDATES TO SERVE ON THE BOARD. THESE NOMINATIONS MUST BE APPROVED BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED INDIVIDUALLY BY THE DIRECTORS PRIOR TO FILING. ANY ISSUES OR CONCERNS WOULD BE REVIEWED WITHIN A WEEK OF THE BOARD RECEIVING THE DRAFT COPY. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL DIRECTORS AND KEY EMPLOYEES. EACH PERSON REVIEWS AND SIGNS THE POLICY STATEMENT ANNUALLY BEFORE ANY FORMAL ACTIONS WITH POTENTIAL CONFLICTS ARE CONSIDERED BY THE BOARD, THE CHAIRPERSON WOULD INQUIRE AS TO THE EXISTENCE OR POSSIBLE EXISTENCE OF ANY CONFLICTS. ANY ACTUAL CONFLICTS THAT ARISE WOULD BE ADDRESSED BY THE BOARD PRIOR TO A DECISION/VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE PERFORMANCE OF THE EXECUTIVE DIRECTOR IS REVIEWED BY THE COLLEGE PRESIDENT. THE LAST REVIEW WAS COMPLETED IN MAY 2025 IN COMPLIANCE WITH COLLEGE POLICIES. THE COMPENSATION FOR THE EXECUTIVE DIRECTOR IS ESTABLISHED BY COLLEGE POLICY AND PROCEDURES, APPROVED BY THE COLLEGE PRESIDENT, THE COLLEGE BOARD OF TRUSTEES, AND THE GRCC FOUNDATION BOARD OF DIRECTORS. COMPENSATION FOR COMPARABLE POSITIONS AT OTHER SIMILAR EDUCATIONAL INSTITUTIONS IS CONSIDERED IN SETTING COMPENSATION LEVELS. FORM 990, PART VI, SECTION C, LINE 19 GRCC FOUNDATION BOARD OF DIRECTORS MEETING MINUTES, FOUNDATION POLICIES, GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PROMISE ZONE ADJUSTMENT -169,303. PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED THEIR OVERSIGHT PROCESS WITHIN THE PAST YEAR. GRAND RAPIDS COMMUNITY COLLEGE 143 BOSTWICK AVE NE GRAND RAPIDS MI 49503 382980195 HIGHER EDUCATION MI 115 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 GRAND RAPIDS COMMUNITY COLLEGE B 2322937 FMV GRAND RAPIDS COMMUNITY COLLEGE N 382718 FMV GRAND RAPIDS COMMUNITY COLLEGE P 668975 FMV