Douglas L and Kathy J Kool Charitable Foundation

GRAND RAPIDS, MI EIN: 38-3072060

Douglas L and Kathy J Kool Charitable Foundation is a nonprofit organization, based in GRAND RAPIDS, MI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 17 grants totaling $211K. Net investment income was $787K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.5M

+56.3% YoY

Annual Giving

$211K

-0.5% YoY

Grant Count

17

+6.3% YoY

Avg Grant Size

$12K

-6.3% YoY

About Douglas L and Kathy J Kool Charitable Foundation

Based on IRS filings

Douglas L and Kathy J Kool Charitable Foundation is a nonprofit organization, based in GRAND RAPIDS, MI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 17 grants totaling $211K. Net investment income was $787K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AdaByron CenterCedar SpringsColorado SpringsDgrand RapidsGdrand RapidsGrand HavenGrand RapidsHolland MichiganJennisonMerrifieldMillwoodRockfordTyroneWyoming

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$307K$615K$922K$1M2021202220232024
Metric202420232022
Total Assets$2,482,380$1,588,504$1,569,327
Revenue$1,118,127$236,575$132,444
Expenses$224,251$217,398$73,175
Qualifying Distributions$67,200
Net Investment Income$786,702$113,130$58,175
Distributable Amount$73,724$69,418

Giving Over Time

Total grant dollars and number of grants per year

$0$53K$106K$159K$212K15 grants202113 grants202216 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PLYMOUTH HEIGHTS$55KEXALTA HEALTH$30KSAFE HAVEN$20KHOLLAND HOME$20KICCF$15KCROSSROADS PRISON MINIST…$12KWEDGEWOOD CHRISTIAN SERV…$12KSECOND CHRISTIAN REFORMED$11KGRAND RAPIDS CHRISTIAN S…$10KPRISON FELLOWSHIP$7K

Grant Size Distribution

61 grants across all recorded years

60<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Plymouth Heights ($55,000), Exalta Health ($30,000), Safe Haven ($20,000).

RecipientPurposeAmount
ROAD FOR RECOVERY GRAND RAPIDS, MIGENERAL SUPPORT$5,000
PROJECT HOPE MILLWOOD, VAGENERAL SUPPORT$500
CORD GROUP ADA, MIGENERAL SUPPORT$1,500
SECOND CHRISTIAN REFORMED GRAND HAVEN, MIGENERAL SUPPORT$11,111
PLYMOUTH HEIGHTS GRAND RAPIDS, MIGENERAL SUPPORT$55,000
ICCF GRAND RAPIDS, MIGENERAL SUPPORT$15,000
WEDGEWOOD CHRISTIAN SERVICES GRAND RAPIDS, MIGENERAL SUPPORT$11,500
GRAND RAPIDS CHRISTIAN SCHOOL GRAND RAPIDS, MIGENERAL SUPPORT$10,000
EXALTA HEALTH GRAND RAPIDS, MIGENERAL SUPPORT$30,000
SAFE HAVEN GRAND RAPIDS, MIGENERAL SUPPORT$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DOUGLAS KOOLTRUSTEE

Frequently Asked Questions

How large is Douglas L and Kathy J Kool Charitable Foundation?

As of 2024, Douglas L and Kathy J Kool Charitable Foundation holds $2.5M in total assets with $1.1M in annual revenue. It awarded 17 grants totaling $211K in 2024.

Where does Douglas L and Kathy J Kool Charitable Foundation operate?

Douglas L and Kathy J Kool Charitable Foundation has awarded grants in Colorado, Georgia, Michigan, Virginia.

What size grants does Douglas L and Kathy J Kool Charitable Foundation award?

In 2024, Douglas L and Kathy J Kool Charitable Foundation awarded 17 grants totaling $211K — an average of about $12K per grant, based on its IRS Form 990 filings.

What is Douglas L and Kathy J Kool Charitable Foundation's EIN?

Douglas L and Kathy J Kool Charitable Foundation's EIN (Employer Identification Number) is 38-3072060. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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