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Nonprofiteer
← KALAMAZOO COMMUNITY FOUNDATION

Form 990 for tax year 2024

Filed by KALAMAZOO COMMUNITY FOUNDATION.

Totals

Total revenue
$71,389,653
Total expenses
$34,688,443
Contributions and grants received
$19,838,165
Grants paid
$24,386,647
Program service revenue
$0
Investment income
$51,449,304
Other revenue
$102,184
Total assets, end of year
$698,598,440
Total liabilities, end of year
$2,668,895
Net assets or fund balances, end of year
$695,929,545
Program services expenses (Part IX)
$26,381,094
Management and general expenses
$5,290,657
Fundraising expenses
$3,016,692
Program service expenses (Part III)
$26,381,094

Program services were 76.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $57,824

  • 1d · Related organizations

    $489,407

  • 1f · All other contributions, gifts and grants

    $19,290,934

  • 1g · Noncash contributions included above

    $2,241,721

  • 3 · Investment income

    total $18,166,838 · excluded $18,166,838

  • 7a · Gross sales of assets other than inventory

    securities $489,424,657

  • 7b · Less cost or other basis and sales expenses

    securities $456,142,191

  • 7c · Gain or loss

    securities $33,282,466

  • 7d · Net gain or loss

    total $33,282,466 · excluded $33,282,466

  • 11a · Other revenue: PROGRAM ADMIN FEES

    total $100,000 · excluded $100,000

  • 11b · Other revenue: AUXILLIARY INCOME

    total $2,184 · excluded $2,184

  • 11e · Other revenue, total

    $102,184

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $22,279,370 · program services $22,279,370

  • 2 · Grants to domestic individuals

    total $2,107,277 · program services $2,107,277

  • 5 · Compensation of officers, directors and key employees

    total $1,339,901 · program services $171,162 · management and general $971,664 · fundraising $197,075

  • 7 · Other salaries and wages

    total $3,012,583 · program services $526,686 · management and general $1,292,603 · fundraising $1,193,294

  • 8 · Pension plan contributions

    total $170,901 · program services $29,729 · management and general $74,338 · fundraising $66,834

  • 9 · Other employee benefits

    total $639,163 · program services $116,366 · management and general $278,277 · fundraising $244,520

  • 10 · Payroll taxes

    total $302,560 · program services $27,452 · management and general $275,108

  • 11b · Fees: legal

    total $47,752 · program services $2,000 · management and general $45,302 · fundraising $450

  • 11c · Fees: accounting

    total $53,324 · management and general $53,324

  • 11f · Fees: investment management

    total $1,152,659 · management and general $1,152,659

  • 11g · Fees: other

    total $1,748,339 · program services $665,423 · management and general $808,119 · fundraising $274,797

  • 12 · Advertising and promotion

    total $117,304 · program services $4,609 · management and general $58,233 · fundraising $54,462

  • 13 · Office expenses

    total $129,577 · program services $17,868 · management and general $92,493 · fundraising $19,216

  • 14 · Information technology

    total $717,138 · program services $5,760 · management and general $674,392 · fundraising $36,986

  • 16 · Occupancy

    total $262,083 · management and general $262,083

  • 17 · Travel

    total $250,377 · program services $29,085 · management and general $180,264 · fundraising $41,028

  • 19 · Conferences, conventions and meetings

    total $126,237 · program services $17,967 · management and general $52,577 · fundraising $55,693

  • 22 · Depreciation, depletion and amortization

    total $41,186 · management and general $41,186

  • 23 · Insurance

    total $11,000 · management and general $11,000

  • 24a · Other expenses: MISCELLANEOUS

    total $118,916 · program services $5,000 · management and general $113,916

  • 24b · Other expenses: MEMBERSHIPS

    total $60,796 · program services $8,000 · management and general $43,089 · fundraising $9,707

  • 24c · Other expenses: INDIRECT COSTS

    total $0 · program services $367,340 · management and general -$1,189,970 · fundraising $822,630

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,493,454 · end of year $1,644,235

  • 3 · Pledges and grants receivable

    beginning of year $1,266,255 · end of year $1,201,116

  • 9 · Prepaid expenses and deferred charges

    beginning of year $707,084 · end of year $917,806

  • 10a · Land, buildings and equipment: cost or other basis

    $1,450,229

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,294,799

  • 10c · Land, buildings and equipment, net

    beginning of year $53,533 · end of year $155,430

  • 11 · Investments: publicly traded securities

    beginning of year $53,376,111 · end of year $211,822,392

  • 12 · Investments: other securities

    beginning of year $573,056,960 · end of year $470,977,362

  • 13 · Investments: program-related

    beginning of year $2,051,173 · end of year $4,760,196

  • 15 · Other assets

    beginning of year $6,995,226 · end of year $7,119,903

  • 17 · Accounts payable and accrued expenses

    beginning of year $865,001 · end of year $974,941

  • 18 · Grants payable

    beginning of year $1,853,611 · end of year $653,732

  • 25 · Other liabilities

    beginning of year $1,786,962 · end of year $1,040,222

  • 27 · Net assets without donor restrictions

    beginning of year $42,741,265 · end of year $48,641,124

  • 28 · Net assets with donor restrictions

    beginning of year $592,752,957 · end of year $647,288,421

Mission and programs · 2024

Mission

KALAMAZOO COMMUNITY FOUNDATION'S MISSION IS TO MOBILIZE PEOPLE, RESOURCES, AND EXPERTISE TO ADVANCE RACIAL, SOCIAL, AND ECONOMIC JUSTICE.

Activities or mission (Part I)

TO CREATE A THRIVING COMMUNITY WHERE PEOPLE, RESOURCES, AND EXPERTISE ARE MOBILIZED TO ADVANCE RACIAL, SOCIAL, AND ECONOMIC JUSTICE IN KALAMAZOO COUNTY.

  • UNRESTRICTED FUNDS: DONORS HAVE ESTABLISHED UNRESTRICTED FUNDS WHICH ALLOW THE COMMUNITY FOUNDATION TO RESPOND TO THE MOST CHALLENGING NEEDS IN THE COMMUNITY, RESPOND QUICKLY TO EMERGENCIES, AND FACILITATE INNOVATIVE RESPONSES TO COMMUNITY CHALLENGES TO MEET THE VISION OF KALAMAZOO COUNTY AS THE MOST EQUITABLE PLACE TO LIVE.

    Expenses $22,855,585 · Grants $21,613,462 · Revenue $105,000

  • SCHOLARSHIP FUNDS PROVIDED FELLOWSHIPS AND SCHOLARSHIPS TO 464 STUDENTS.

    Expenses $2,218,218 · Grants $2,212,440 · Revenue $270,842

  • OPIOID REMEDIATION MINI-GRANT ADMINSTRATION PROCESS: A CONTRACTURAL AGREEMENT TO ADMINISTER MINI-GRANTS UTILIZING FUNDS PROVIDED BY THE COUNTY

    Expenses $559,503 · Grants $231,250 · Revenue $231,629

  • GRANTS FROM FUNDS WITH RESTRICTED PURPOSES INCLUDING DESIGNATED, DONOR ADVISED AND FIELD OF INTEREST.

    Expenses $747,788 · Grants $329,495

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • VON WASHINGTON JR

    CHAIR/TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • DR L MARSHALL WASHINGTON

    TREASURER/TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • AMY UPJOHN

    VICE CHAIR/TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • JORGE GONZALEZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3 + 1 related

  • ARTRELLA COHN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • JAMES ESCAMILLA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • XIAOAN LI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • KAMA TAI MITCHELL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • SYDNEY PARFET

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • LUCAS MANSBERGER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3 + 1 related

  • GRACE LUBWAMA

    CEO/PRESIDENT

    Total calculated
    $397,965
    From this org
    $364,664
    From related orgs
    $0
    Other
    $33,301
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $306,654
    Bonus
    $58,010
    Other
    $0
    Deferred
    $17,276
    Nontaxable benefits
    $16,025
    Filer's total
    $397,965

  • JOANNA DALES

    CHIEF PHILANTHROPY OFFICER

    Total calculated
    $206,462
    From this org
    $174,347
    From related orgs
    $0
    Other
    $32,115
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $174,347
    Bonus
    $0
    Other
    $0
    Deferred
    $10,500
    Nontaxable benefits
    $21,615
    Filer's total
    $206,462

  • SARAH JENNINGS

    FRACTIONAL CFO - PART YEAR

    Total calculated
    $0
    Hours/week
    10 + 1 related

  • JOSHUA SLEDGE

    CHIEF INVESTMENT OFFICER

    Total calculated
    $180,538
    From this org
    $151,915
    From related orgs
    $0
    Other
    $28,623
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $136,915
    Bonus
    $15,000
    Other
    $0
    Deferred
    $8,451
    Nontaxable benefits
    $20,172
    Filer's total
    $180,538

  • RAYMOND BYERS

    CHIEF FINANCIAL OFFICER - PART YEAR

    Total calculated
    $115,660
    From this org
    $105,474
    From related orgs
    $0
    Other
    $10,186
    Hours/week
    37 + 1 related

  • HENRY TOLEDO

    CHIEF TECHNOLOGY OFFICER

    Total calculated
    $149,536
    From this org
    $120,613
    From related orgs
    $0
    Other
    $28,923
    Hours/week
    40 + 1 related

  • DEMETRIAS WOLVERTON

    CHIEF PEOPLE/PUBLIC AFFAIRS OFFICER

    Total calculated
    $117,813
    From this org
    $104,159
    From related orgs
    $0
    Other
    $13,654
    Hours/week
    38 + 1 related

  • ALYSSA STEWART

    CHIEF COMMUNITY IMPACT OFFICER

    Total calculated
    $132,283
    From this org
    $122,326
    From related orgs
    $0
    Other
    $9,957
    Hours/week
    37 + 1 related

  • ROBYN BENNETT

    DIRECTOR, PEOPLE & CULTURE

    Total calculated
    $144,078
    From this org
    $124,572
    From related orgs
    $0
    Other
    $19,506
    Hours/week
    40

  • ANDREW GRAYSON

    DIRECTOR, SCHOLORSHIPS

    Total calculated
    $121,428
    From this org
    $106,337
    From related orgs
    $0
    Other
    $15,091
    Hours/week
    39.2

  • CYNTHIA TROUT

    DIRECTOR, DEVELOPMENT

    Total calculated
    $123,939
    From this org
    $117,349
    From related orgs
    $0
    Other
    $6,590
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202533169349306943

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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