Folkert Family Foundation
Folkert Family Foundation is a private foundation, based in GRAND RAPIDS, MI. IRS filing data is available from 2020 through 2022. In 2022, it awarded 9 grants totaling $441K. Net investment income was $24K.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$441K
+557.6% YoY
Grant Count
9
+50.0% YoY
Avg Grant Size
$49K
+338.4% YoY
Under IRS private-foundation payout rules, Folkert Family Foundation reported a distributable amount of $6K for 2022 — the minimum it must pay out in qualifying distributions.
About Folkert Family Foundation
Based on IRS filings
Folkert Family Foundation is a private foundation, based in GRAND RAPIDS, MI. IRS filing data is available from 2020 through 2022. In 2022, it awarded 9 grants totaling $441K. Net investment income was $24K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | — | $144,024 | $143,914 |
| Revenue | $25,640 | $75,440 | $149,648 |
| Expenses | $443,656 | $75,330 | $107,240 |
| Qualifying Distributions | $441,759 | — | — |
| Net Investment Income | $23,743 | $70,610 | $69,324 |
| Distributable Amount | $6,436 | $18,790 | $17,406 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2022
Grant Size Distribution
39 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Community Foundation Muskegon County ($358,200), No More Sidelines ($25,000), Community Foundation Muskegon County ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BAXTER COMMUNITY CENTER GRAND RAPIDS, MI | GENERAL SUPPORT | $3,706 |
| COMMUNITY FOUNDATION MUSKEGON COUNTY MUSKEGON, MI | GENERAL SUPPORT | $15,000 |
| FEEDING AMERICA CHICAGO, IL | GENERAL SUPPORT | $10,000 |
| KID'S FOOD BASKET GRAND RAPIDS, MI | GENERAL SUPPORT | $5,000 |
| NO MORE SIDELINES NORTON SHORES, MI | GENERAL SUPPORT | $25,000 |
| PARADISE BOUND MINISTRIES ZEELAND, MI | GENERAL SUPPORT | $3,705 |
| READ MUSKEGON MUSKEGON, MI | GENERAL SUPPORT | $10,000 |
| VOX UNITED HOLLAND, MI | WATER PROJECT | $10,000 |
| COMMUNITY FOUNDATION MUSKEGON COUNTY MUSKEGON, MI | GENERAL SUPPORT | $358,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LUCINDA L HAVERKAMP | PRESIDENT/SECRETARY | 0.1 | — |
| TODD FOLKERT | TREASURER | 0.1 | — |
Frequently Asked Questions
Where does Folkert Family Foundation operate?
Folkert Family Foundation has awarded grants in Illinois, Kentucky, Michigan.
What size grants does Folkert Family Foundation award?
In 2022, Folkert Family Foundation awarded 9 grants totaling $441K — an average of about $49K per grant, based on its IRS Form 990 filings.
How much is Folkert Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Folkert Family Foundation reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Folkert Family Foundation's EIN?
Folkert Family Foundation's EIN (Employer Identification Number) is 38-3084541. IRS Form 990 filing data is available on this page for 2020–2022.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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