Private non-operating foundationEIN 824775140Est. 2020-08

SPRINGGR

GRAND RAPIDS, MI 49503

Accepts unsolicited proposals

Total Assets

$105K

FY 2024

Annual Giving

FY 2024

Grants Made

0

FY 2024

Avg Grant

FY 2024

Grant Range

Typical

Deadlines

Open / rolling

Applications

Programs & Activities

Program 1

$1.2M

Springgrspringgr is a training, mentoring and networking opportunity for entrepreneurs from neighborhoods of higher economic need in grand rapids, michigan. It is designed to help participants turn their ideas into businesses by using proven, effective curriculum, business coaching in finance, marketing and planning, and connection with other businesses in local neighborhoods. Following completion of the curriculum, springgr continues to provide opportunities to learn and network by connecting graduates with successful business mentors and offering training experiences. The program is designed to support the growth of business and economic development in urban grand rapids neighborhoods with high economic needs.

Financial Snapshot

2024 filing

Total Revenue

$1.1M

Total Expenses

$1.2M

Qualifying Distributions

$1.1M

Distributable Amount

$5K

Min. Investment Return

$5K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

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