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.
Key facts about Rainbow Foundation
- EIN
- 38-2939744
- Latest 990 filing
- Form 990-PF, 2020
- Annual giving (2020)
- $1,125,228
- Grants made (2020)
- 6
- Average grant
- $187,538
- Median grant
- $86,547
- Primary geography
- Michigan (100% of itemized 2020 grant dollars)
Data from IRS Form 990-PF, 2020; updated September 2026.
Who Rainbow Foundation funds
By grant dollars, the top recipient states for Rainbow Foundation's 6 itemized 2020 grants were Michigan (100%). The most frequent recipient cities were Grand Rapids, MI (3 grants). None of its 6 grants with a stated purpose were described as general or operating support.
Next steps with Rainbow Foundation
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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.
Ready to take the next step with Rainbow Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 6 itemized 2020 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal year 2020
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 recipients 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 |
| KALAMAZOO CHRISTIAN SCHOOLS Kalamazoo, MI | MAKING ALL THINGS NEW | $90,037 |
| GRAND RAPIDS CHRISTIAN SCHOOLS Grand Rapids, MI | ASSISTANCE WITH REMOTE LEARNING | $83,056 |
| 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
No officer or director reported compensation in the available filings.
From 2020 IRS 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 September 2026. Sourced from IRS Form 990-PF filings.