Kalamazoo Valley Community College Foundation

Organization Overview

Kalamazoo Valley Community College Foundation is located in Kalamazoo, MI. The organization was established in 1980. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kalamazoo Valley Community College Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Kalamazoo Valley Community College Foundation generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SOLICIT, COLLECT AND INVEST DONATIONS MADE FOR THE PROMOTION OF EDUCATIONAL ACTIVITIES ON BEHALF OF KALAMAZOO VALLEY COMMUNITY COLLEGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO KALAMAZOO VALLEY COMMUNITY COLLEGE


GRANTS TO KALAMAZOO VALLEY MUSEUM


PROPERTY MANAGEMENT- FSIC, LLC


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Board, Officers & Key Employees

Name (title)Compensation
Matt Lahman
Treasurer
$0
Travis Grimwood
Board Chair
$0
Todd Sanford
Secretary
$0
Michelle Eldridge
Vice Chair
$0
Brian Lueth
Assistant Treasurer
$0
Linda Depta
Executive Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,270
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$769,526
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$770,796
Total Program Service Revenue$313,467
Investment income $636,276
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $824,190
Net Income from Fundraising Events $55,276
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,600,005

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Kalamazoo Valley Community College Foundation has recieved totaling $1,210,605.

Awarding OrganizationAmount
Ronda E Stryker & William D Johnston Foundation

Kalamazoo, MI

PURPOSE: ACCELERATED ASSOCIATE PROGRAM PILOT PROGRAM

$837,410
Ronda E Stryker & William D Johnston Foundation

Kalamazoo, MI

PURPOSE: ACCELERATED ASSOCIATE PROGRAM PILOT PROGRAM

$302,454
Marvin And Rosalie Okun Foundation

Kalamazoo, MI

PURPOSE: CHARITABLE

$30,000
Bronson Health Foundation Inc

Kalamazoo, MI

PURPOSE: SCHOLARSHIPS FOR BRONSON EMPLOYEES WHO ARE KVCC STUDENTS

$15,000
Fairfield Countys Community Foundation Inc

Norwalk, CT

PURPOSE: FOR GENERAL SUPPORT.

$6,000
Lawrence And Sylvia Wong Foundation

Kalamazoo, MI

PURPOSE: GENERAL OPERATING

$6,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,490,343
Earnings$4,623,655
Net Contributions$53,820
Other Expense$123,464
Grants$280,375
Ending Balance$16,763,979

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