Krw Foundation
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
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
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
170 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATE P WOLTERS | PRESIDENT/SECRETARY/TREASU | 0.5 | — |
| JEFFREY B POWER | TRUSTEE | 0.01 | — |
Contact Information
Address: 2260 Cascade Springs Drive SE Grand Rapids, MI 49546-7410
Tax ID: 38-3384598
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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