Kalamazoo Community Foundation
76% goes to programs $15 to raise $100 Strong reserves
Kalamazoo Community Foundation is a 501(c)(3) organization based in Kalamazoo, Michigan, registered in 1997, with $71,389,653 in FY2024 revenue. CharityIndex grades it A, and it directs about 76% of spending to programs.
402 E Michigan Ave, Kalamazoo, MI, 49007 EIN 38-3333202 Since 1997
Revenue (FY2024)
$71.4M
▲ 75.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$34.7M
Net assets
$695.9M
Employees
57
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating76% to programs · $15 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Kalamazoo Community Foundation: 76% to programs · $15 to raise $100 earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating241 mo reserves · +51% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Kalamazoo Community Foundation: 241 mo reserves · +51% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Kalamazoo Community Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Kalamazoo Community Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To create a thriving community where people, resources, and expertise are mobilized to advance racial, social, and economic justice in kalamazoo county.
What they do
Scholarship funds provided fellowships and scholarships to 464 students.
Opioid remediation mini-grant adminstration process: a contractural agreement to administer mini-grants utilizing funds provided by the county
Grants from funds with restricted purposes including designated, donor advised and field of interest.
Contact & location
- Address
- 402 E Michigan Ave, Kalamazoo, MI, 49007
- City
- Kalamazoo
- State
- Michigan
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $67.8M (FY2013) to $71.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.7MNet assets $695.9M
Operating margin
51.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$698.6M
Total liabilities
$2.7M
Net assets
$695.9M
Salaries & benefits
$5.5M
16% of expenses
Board members
10
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $71,389,653▲75.4% | $34,688,443▲7.1% | $695,929,545▲9.5% | $698,598,440▲9.2% | 990 |
| 2023 | $40,712,525▼3.0% | $32,393,557▲8.1% | $635,494,222▲13.0% | $639,999,796▲12.7% | 990 |
| 2022 | $41,967,790▼46.2% | $29,976,106▲7.1% | $562,596,754▼16.2% | $567,971,966▼16.1% | 990 |
| 2021 | $78,067,850▼36.2% | $28,000,711▼9.8% | $671,309,637▲15.5% | $677,092,659▲15.6% | 990 |
| 2020 | $122,279,191▲135% | $31,049,211▲33.3% | $581,009,441▲6.8% | $585,479,604▲6.7% | 990 |
| 2019 | $51,970,603▲26.8% | $23,284,582▲1.6% | $544,207,904▲16.4% | $548,863,432▲16.3% | 990 |
| 2018 | $40,977,243▲5.4% | $22,914,398▲5.2% | $467,564,068▼8.9% | $472,138,282▼8.8% | 990 |
| 2017 | $38,895,239▼21.9% | $21,779,340▲2.2% | $512,969,618▲12.2% | $517,433,980▲12.0% | 990 |
| 2016 | $49,795,276▲73.0% | $21,316,510▼6.7% | $457,232,399▲11.3% | $461,876,414▲11.1% | 990 |
| 2015 | $28,781,814▼36.5% | $22,846,506▼3.2% | $410,808,743▼5.1% | $415,827,750▼5.1% | 990 |
| 2014 | $45,317,926▼33.2% | $23,594,295▲14.4% | $432,902,746▲2.8% | $438,274,750▲2.6% | 990 |
| 2013 | $67,832,561 | $20,626,919▲3.2% | $421,245,659▲27.1% | $427,019,623▲26.6% | 990 |
| 2012 | — | $19,978,138▼4.7% | $331,448,359▲10.2% | $337,302,811▲10.0% | 990 |
| 2011 | — | $20,972,297 | $300,880,823 | $306,669,590 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Grace Lubwama — $364,664 (1.05% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Grace Lubwama | Ceo/president | 40 | $364,664 |
| Joanna Dales | Chief Philanthropy Officer | 40 | $174,347 |
| Joshua Sledge | Chief Investment Officer | 40 | $151,915 |
| Robyn Bennett | Director, People & Culture | 40 | $124,572 |
| Alyssa Stewart | Chief Community Impact Officer | 37 | $122,326 |
| Henry Toledo | Chief Technology Officer | 40 | $120,613 |
| Cynthia Trout | Director, Development | 40 | $117,349 |
| Andrew Grayson | Director, Scholorships | 39.2 | $106,337 |
| Raymond Byers | Chief Financial Officer - Part Year | 37 | $105,474 |
| Demetrias Wolverton | Chief People/public Affairs Officer | 38 | $104,159 |
| Amy Upjohn | Vice Chair/trustee | 3 | — |
| Artrella Cohn | Trustee | 3 | — |
| Dr L Marshall Washington | Treasurer/trustee | 3 | — |
| James Escamilla | Trustee | 3 | — |
| Jorge Gonzalez | Trustee | 3 | — |
| Kama Tai Mitchell | Trustee | 3 | — |
| Lucas Mansberger | Trustee | 3 | — |
| Sarah Jennings | Fractional Cfo - Part Year | 10 | — |
| Sydney Parfet | Trustee | 3 | — |
| Von Washington Jr | Chair/trustee | 3 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Pnc | Asset Investment Management Services | $414,063 |
| Greenleaf Trust | Asset Investment Management Services | $196,108 |
| Loomis Sayles & Company LP | Asset Investment Management Services | $145,749 |
| Arcadia | Asset Investment Management Services | $100,128 |
Grants received · $1.4M total
33 grants to Kalamazoo Community Foundation totaling $1.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Advia Credit Union | To transform communities and advance equity and education in every sector, at every level, for everyone in kalamazoo county. | 2024 | $46,000 |
| American Online Giving Foundation Inc | General support | 2024 | $41,131 |
| Bronson Healthcare Group Inc | General support | 2024 | $20,000 |
| American Gift Fund | Operations | 2024 | $15,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $10,800 |
| Delta Dental Plan of Michigan | Charitable donation | 2024 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $146,860 |
| American Online Giving Foundation Inc | General support | 2023 | $20,417 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $10,650 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $7,500 |
| American Online Giving Foundation Inc | General support | 2022 | $13,823 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $11,850 |
| Raymond James Charitable Endowment Fund | General support | 2022 | $10,300 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $118,720 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $118,720 |
Grants made · $21.4M in FY2024
282 grants totaling $21.4M in FY2024 — showing the 15 largest. All grants made by Kalamazoo Community Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Young Womens Christian Assoc of Kalamazoo | Human service-multipurpose/other | $1,275,426 |
| The Kalamazoo Civic Theatre | Arts, culture, humanities | $782,459 |
| Kalamazoo Area Math & Science Center | Education/instruction | $736,059 |
| Tides Center | Public affairs/society benefit | $597,333 |
| Pretty Lake Vacation Camp | Youth development | $506,502 |
| Kalamazoo Institute of Arts | Arts, culture, humanities | $451,839 |
| Michigan Organizing Project | Civil rights, social action, advocacy | $400,000 |
| United Way of South Central Mi | Philanthropy, voluntarism & grant making foundations | $375,000 |
| Kalamazoo Public Library | Education/instruction | $371,386 |
| Kalamazoo Regional Education Service Agency | Education/instruction | $360,172 |
| Family Health Center Inc | Health care | $322,500 |
| Michigan Conference of the United Methodist Church | Human service-multipurpose/other | $300,000 |
| Kalamazoo College | Education/instruction | $285,252 |
| Irving S Gilmore International Keyboard Festival | Arts, culture, humanities | $257,107 |
| Family & Children Services Inc | Human service-multipurpose/other | $252,965 |
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Compare Kalamazoo Community Foundation
Frequently asked questions
- Is Kalamazoo Community Foundation a legitimate nonprofit?
- Yes. Kalamazoo Community Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-3333202, based in Kalamazoo, Michigan. Donations are tax-deductible.
- What is Kalamazoo Community Foundation's EIN?
- Kalamazoo Community Foundation's Employer Identification Number (EIN) is 38-3333202.
- How much revenue does Kalamazoo Community Foundation report?
- Kalamazoo Community Foundation reported $71,389,653 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Kalamazoo Community Foundation's spending goes to programs?
- Kalamazoo Community Foundation spends about 76% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Kalamazoo Community Foundation have?
- CharityIndex grades Kalamazoo Community Foundation A, based on program efficiency and fundraising cost.
- How much does Kalamazoo Community Foundation's highest-paid employee make?
- The highest reported compensation on Kalamazoo Community Foundation's latest Form 990 is $364,664, paid to Grace Lubwama (Ceo/president).
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Data for Kalamazoo Community Foundation (EIN 38-3333202) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.