Rainbow Foundation
Rainbow Foundation is a private foundation, based in GRAND RAPIDS, MI. IRS filing data is available for 2020. In 2020, it awarded 6 grants totaling $1.1M. Net investment income was $16K.
Financial Overview
From 2020 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$1.1M
Grant Count
6
Avg Grant Size
$188K
Under IRS private-foundation payout rules, Rainbow Foundation reported a distributable amount of $42K for 2020 — the minimum it must pay out in qualifying distributions.
About Rainbow Foundation
Based on IRS filings
Rainbow Foundation is a private foundation, based in GRAND RAPIDS, MI. IRS filing data is available for 2020. In 2020, it awarded 6 grants totaling $1.1M. Net investment income was $16K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2020 |
|---|---|
| Total Assets | — |
| Revenue | $20,810 |
| Expenses | $1,138,991 |
| Qualifying Distributions | — |
| Net Investment Income | $16,277 |
| Distributable Amount | $42,136 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2020
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2020 grants, the largest include Calvin College ($801,032), Camp Roger ($101,082), Kalamazoo Christian Schools ($90,037).
| Recipient | Purpose | Amount |
|---|---|---|
| CALVIN COLLEGE GRAND RAPIDS, MI | SCHOLARSHIP ENDOWMENT | $801,032 |
| CAMP ROGER ROCKFORD, MI | TEAM BUILDING COURSE | $101,082 |
| GRAND RAPIDS CHRISTIAN SCHOOLS GRAND RAPIDS, MI | ASSISTANCE WITH REMOTE LEARNING | $83,056 |
| KALAMAZOO CHRISTIAN SCHOOLS KALAMAZOO, MI | MAKING ALL THINGS NEW | $90,037 |
| SAFE HAVEN MINISTRIES GRAND RAPIDS, MI | EMPOWER DB, LAPTOP COMPUTERS | $25,021 |
| WELLSPRING LUTHERAN SERVICES KENTWOOD, MI | EDUCATION AND COMM TECH UPGRADES | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2020 IRS filing
From 2020 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARJORIE G HOOGEBOOM | SECRETARY/TR | 1 | — |
| KAREN J VANDER LAAN | PRESIDENT | 1 | — |
| CHERYL L HOOGEWIND | VP/ASST. SEC | 1 | — |
| DAVID T JEWELL | DIRECTOR | 1 | — |
| KATHLEEN M HOOGEBOOM-POT | ASSISTANT TR | 1 | — |
| JONATHON VANDER LAAN | DIRECTOR | 1 | — |
Frequently Asked Questions
Where does Rainbow Foundation operate?
Rainbow Foundation has awarded grants in Michigan.
What size grants does Rainbow Foundation award?
In 2020, Rainbow Foundation awarded 6 grants totaling $1.1M — an average of about $188K per grant, based on its IRS Form 990 filings.
How much is Rainbow Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2020, Rainbow Foundation reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Rainbow Foundation's EIN?
Rainbow Foundation's EIN (Employer Identification Number) is 38-2939744. IRS Form 990 filing data is available on this page for 2020.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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