GRAND VALLEY UNIVERSITY FOUNDATION

EIN: 386086770 501(c)(3)

ALLENDALE, MI

Total Revenue
$1,002,872
Total Expenses
$989,084
Total Assets
$5,033,817
Net Assets
$5,033,817
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
MI
Principal Officer
DANIEL HURWITZ
Phone
6163312831
Tax Period
2024-07-01 to 2025-06-30

GRAND VALLEY UNIVERSITY FOUNDATION, founded in 1965, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Net assets of $5.0M represent 60 months of operating reserves.

Mission

THE GRAND VALLEY UNIVERSITY FOUNDATION PROVIDES SUPPORT TO GRAND VALLEY STATE UNIVERSITY TO ASSIST IN ITS GOALS AND MISSION. THIS SUPPORT PROVIDES GRANTS AND SCHOLARSHIPS, FACULTY AND ACADEMIC PROGRAM DEVELOPMENT, CAPITAL MAINTENANCE AND GROWTH, AND LONG-TERM FISCAL SECURITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $876,181
Program Service Revenue $0
Investment Income $126,691
Other Revenue $0
TOTAL REVENUE $1,002,872

Expense Breakdown

Grants Paid $781,251
Salaries & Benefits $17,215
Fundraising Expenses $66,026
Program Expenses $833,336
Other Expenses $190,618
TOTAL EXPENSES $989,084

Year-over-Year Comparison

2024 2023 Change
Revenue $1,002,872 $1,088,582 -0.1%
Expenses $989,084 $1,167,523 -0.2%
Net Income $13,788 $-78,941 -1.2%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
250

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$738,475
Total Directors
87
$178,584
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS J HAAS DIRECTOR - PART YEAR 0.50
Director
$0 $17,055 $178,584
DONNA K BROOKS GENERAL CHAIR 2.00
Officer Director
$0 $0 $0
JAMES WF BROOKS GENERAL CHAIR 2.00
Officer Director
$0 $0 $0
DANIEL G DEVOS VICE CHAIR 2.00
Officer Director
$0 $0 $0
PAMELLA G DEVOS VICE CHAIR 2.00
Officer Director
$0 $0 $0
KATHLEEN VOGELSANG SECRETARY & DIRECTOR 2.00
Officer Director
$0 $0 $0
DOROTHY A JOHNSON SECRETARY - PART YEAR 2.00
Officer Director
$0 $0 $0
EDWARD J CLARK ASSISTANT SECRETARY - PART YEAR 2.00
Officer Director
$0 $0 $0
RANDALL S DAMSTRA EXECUTIVE MEMBER & DIRECTOR 0.50
Director
$0 $0 $0
KALA J GIBSON EXECUTIVE MEMBER & DIRECTOR 0.50
Director
$0 $0 $0
RABIH M JAMAL EXECUTIVE MEMBER & DIRECTOR 0.50
Director
$0 $0 $0
CHRISTINA L KELLER EXECUTIVE MEMBER & DIRECTOR 0.50
Director
$0 $0 $0
JOHN C KENNEDY EXECUTIVE MEMBER & DIRECTOR 0.50
Director
$0 $0 $0
MARY L KRAMER EXECUTIVE MEMBER & DIRECTOR 0.50
Director
$0 $0 $0
SHELLEY E PADNOS EXECUTIVE MEMBER & DIRECTOR 0.50
Director
$0 $0 $0
DONALD J PATON EXECUTIVE MEMBER & DIRECTOR 0.50
Director
$0 $0 $0
KATE PEW WOLTERS EXECUTIVE MEMBER & DIRECTOR 0.50
Director
$0 $0 $0
TIMOTHY R SCHOWALTER EXECUTIVE MEMBER & DIRECTOR 0.50
Director
$0 $0 $0
GARY L TILKIN EXECUTIVE MEMBER & DIRECTOR 0.50
Director
$0 $0 $0
ANTHONY VERPLANK EXECUTIVE MEMBER & DIRECTOR 0.50
Director
$0 $0 $0
LAURIE BEARD DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
M CATHERINE BISSELL DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
JOHN H BULTEMA III DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
BETTY S BURTON GROCE DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
JAMES V BUZZITTA DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
GUILLERMO CISNEROS DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
SAMUEL M CUMMINGS DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
KEVIN P CUSACK DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
TODD CUSTER DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
JESSIE F DALMAN DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
GARY D DEWITT DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
PETER J DEWITT DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
MICHAEL S ELLIS DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
MICHAEL J GOORHOUSE DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
JOHN W GREEN DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
EDWARD J HANENBURG DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
DOYLE A HAYES DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
KAREN HENRY STOKES DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
PAUL C HILLEGONDS DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
LARRY W HINES DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
DONNALEE HOLTON DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
DAVID S HOOKER DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
JC HUIZENGA DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
TAMMY L HUIZENGA DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
STARR HUMPHRIES DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
JOSE A INFANTE DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
KYLE S IRWIN DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
MICHAEL J JANDERNOA DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
BARI S JOHNSON DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
CHARLES E JOHNSON II DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
HOLLY A JOHNSON DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
JAMES L JURRIES DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
GREG KAUFMAN DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
JAMES P KEANE DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
FRED P KELLER DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
MARGARET KENNEDY DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
AREND D LUBBERS DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
NANCY J LUBBERS DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
JEAN E MARTIN DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
HUBERT MASSEY DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
DAVID P MEHNEY DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
HANK MEIJER DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
MEG MILLER WILLIT DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
MARK A MURRAY DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
RICHARD W MUZZY JR DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
NOREEN K MYERS DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
MICHAEL K OLTHOFF DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
JEFFREY S PADNOS DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
MARGARET E POTTER DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
AARON C RADELET DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
LARRY J ROBSON DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
ROBERT W ROTH DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
JOHN G RUSSELL DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
VIRGINIA M SEYFERTH DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
VICTOR SHEPHERD DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
JAMES M TEETS DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
DANIEL W TERPSMA DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
JERRY L TUBERGEN DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
CAROL VAN ANDEL DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
RICHARD H VANDERZYDEN DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
MICHAEL R VANGESSEL DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
MITCHELL G WATT DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
ELIZABETH WELCH DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
THOMAS G WELCH JR DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
SEAN P WELSH DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
STEVEN A WORKMAN DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
MICHAEL S YOUNGDAHL DIRECTOR - PART YEAR 0.50
Director
$0 $0 $0
GREGORY J SANIAL TREASURER 1.00
Officer
$0 $42,413 $381,886
LAURA A MEENGS-AIKENS EXECUTIVE DIRECTOR 2.00
Officer
$0 $65,305 $356,589
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,002,872 $989,084 $5,033,817 $13,788
2024 $1,088,582 $1,167,523 $4,650,577 $-78,941
2023 $876,308 $585,137 $4,058,074 $291,171
2022 $1,567,995 $1,054,053 $3,517,597 $513,942
2021 $1,109,833 $1,005,737 $3,255,034 $104,096
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