Krw Foundation

GRAND RAPIDS, MI EIN: 38-3384598

The KRW Foundation is a private grantmaking foundation based in Grand Rapids, Michigan. The organization operates as a 501(c)(3) tax-exempt entity and has been in operation since receiving its IRS ruling in March 1998.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$2.8M

+31.2% YoY

Grant Count

34

+6.3% YoY

Avg Grant Size

$81K

+23.5% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding focuses on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

Grantmaking

Grant Range

$282

Average Grant

$282

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Geographic Focus

Where this funder awards grants

The foundation supports grantmaking across multiple states and regions, with primary focus areas including:

  • Michigan (including Allendale, Ann Arbor, Big Rapids, Detroit, Grand Haven, Grand Rapids, Kentwood, Rockford, and Wyoming)
  • Illinois (including Chicago)
  • Florida (including West Palm Beach)
  • Washington D.C.

Grant Distribution by State

4states

Cities

ALLENDALEANN ARBORBIG RAPIDSCHICAGOCOMSTOCK PARKDETROITGRAND HAVENGRAND RAPIDSHOLLANDKENTWOODROCKFORDTWIN LAKEWASHINGTONWEST PALM BEACHWYOMING

Financial History

Multi-year comparison from IRS filings

Assets & Giving:

  • Total assets: $14,141,289 (most recent filing)
  • Total annual giving: $2,755,000
  • Annual expenses: $2,189,595
  • Annual revenue: $349,227
  • Expense ratio: 627%

Asset Growth:

  • Assets increased 2.6% from previous year
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$948K$2M$3M$4M35 grants202033 grants202136 grants202232 grants202334 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GRAND RAPIDS SYMPHONY EN…$500KOUR HOPE$300KGRAND VALLEY STATE UNIVE…$250KFAMILY PROMISE OF GRAND …$150KMARY FREE BED FOUNDATION$150KTHE DIATRIBE$150KUNITED METHODIST COMMUNI…$100KYMCA OF GREATER GRAND RA…$100KGRAND RAPIDS CIVIC THEATRE$90KASPEN INSTITUTE$75K

Grant Size Distribution

170 grants across all recorded years

96<$50K36$50–100K21$100–250K10$250–500K7$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Key Personnel:

  • Kate P. Wolters – President, Secretary, and Treasurer (serves without compensation)
  • Jeffrey B. Power – Trustee (serves without compensation)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KATE P WOLTERSPRESIDENT/SECRETARY/TREASU0.5
JEFFREY B POWERTRUSTEE0.01

Contact Information

Address: 2260 Cascade Springs Drive SE Grand Rapids, MI 49546-7410

Tax ID: 38-3384598

Related Funders

Similar funders by location and focus area

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

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