Press on Foundation

GRAND RAPIDS, MI EIN: 46-4074288

Press on Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND RAPIDS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $95K in total assets. In 2024, it awarded 7 grants totaling $26K. Net investment income was $1K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$95K

-15.7% YoY

Annual Giving

$26K

-10.1% YoY

Grant Count

7

-12.5% YoY

Avg Grant Size

$4K

+2.7% YoY

Under IRS private-foundation payout rules, Press on Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About Press on Foundation

Based on IRS filings

Press on Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND RAPIDS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $95K in total assets. In 2024, it awarded 7 grants totaling $26K. Net investment income was $1K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BaldwinBranchByron CenterCentral LakeComstock ParkFort WayneGrand HavenGrand RapidsGrandvilleLake ForestNaplesRoanokeSauk VillageTechumseh

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$39K$59K$78K20202021202220232024
Metric202420232022
Total Assets$95,037$112,688$137,350
Revenue$10,521$6,685$18,534
Expenses$28,172$31,347$71,176
Qualifying Distributions$26,200$29,150$68,315
Net Investment Income$1,495$1,560$1,171
Distributable Amount$4,943$5,696$8,427

Giving Over Time

Total grant dollars and number of grants per year

$0$17K$34K$51K$68K16 grants202016 grants202112 grants20228 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

PASTORS IN PRAYER$6KCORNERSTONE UNIVERSITY$6KNEW LIFE MINISTRIES$5KWALKING BY FAITH$5KINTERNATIONAL PROMISE FO…$2KACROSS MY HEART MINISTRIES$1KGRAND HAVEN CHRISTIAN SC…$1K

Grant Size Distribution

59 grants across all recorded years

59<$50K$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 Pastors in Prayer ($6,000), Cornerstone University ($5,600), New Life Ministries ($5,000).

RecipientPurposeAmount
INTERNATIONAL PROMISE FOUNDATION BYRON CENTER, MIGENERAL FUND$2,400
PASTORS IN PRAYER ROANOKE, INGENERAL FUND$6,000
NEW LIFE MINISTRIES LAKE FOREST, CAGENERAL FUND$5,000
CORNERSTONE UNIVERSITY GRAND RAPIDS, MIGENERAL FUND$5,600
ACROSS MY HEART MINISTRIES GRAND RAPIDS, MIGENERAL FUND$1,200
WALKING BY FAITH GRANDVILLE, MIGENERAL FUND$5,000
GRAND HAVEN CHRISTIAN SCHOOLS GRAND HAVEN, MIGENERAL FUND$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TONY L GROLLPRESIDENT
KANDY K GROLLSEC/TREAS
TAMEDY J BULTEMADIRECTOR
CHASE R GROLLDIRECTOR
BLAKE E GROLLDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Press on Foundation?

Press on Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND RAPIDS, MI. It holds $95K in total assets as of 2024.

How large is Press on Foundation?

As of 2024, Press on Foundation holds $95K in total assets with $11K in annual revenue. It awarded 7 grants totaling $26K in 2024.

Where does Press on Foundation operate?

Press on Foundation has awarded grants in California, Florida, Illinois, Indiana, Michigan.

What size grants does Press on Foundation award?

In 2024, Press on Foundation awarded 7 grants totaling $26K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Press on Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Press on Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Press on Foundation's EIN?

Press on Foundation's EIN (Employer Identification Number) is 46-4074288. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Press on Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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