NonprofitsLocal First Educational Foundation

Community Improvement & Capacity Building

Local First Educational Foundation

GRAND RAPIDS, MI

Total revenue

$973K

Total expenses

$879K

Net assets

$153K

Grants received

$693K

8 grants

EIN

204696543

Tax year

2024

Mission

To provide business education to local businesses

Programs

1 program

Local first education foundation works with local business to help educate and implement sustainable business practices and how these practices build the components of a more sustainable economy.

Expenses: $63KGrants: $63K

Financials

FY 2024

Revenue

Contributions & grants$947K
Program service revenue$32K
Investment income
Other revenue
Total revenue$973K

Expenses

Grants paid$63K
Salaries & benefits
Fundraising$122K
Other expenses$816K
Total expenses$879K
Total assets$153K
Net assets$153K

People

6 listed

NameRoleCompensation

TAMMY KARAS

PRESIDENT

Board

1 hrs/wk

SAMUEL SEDLECKY

TREASURER

Board

1 hrs/wk

CARLOS MARTINEZ

SECRETARY

Board

1 hrs/wk

KAYLEE MORENO BURKE

BOARD MEMBER

Board

1 hrs/wk

KYAMA KITAVI

BOARD MEMBER

Board

1 hrs/wk

GARY GLASS

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$250K
COMMUNITY IMPROVEMENT & CAPACITY BUILDING, EDUCATION, ENVIRONMENT
2024
$100K
CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
2023
$50K
GENERAL SUPPORT
2023
$50K
PROGRAM SUPPORT
2023
$100K
CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
2022
$110K
establish an impact investment fund for Grand Rapids by researching the infrastructure necessary to address social and environmental challenges within West Michigan, with a lens on closing the racial wealth divide
2019
$25K
provide funds to sponsor a series of events, the Let's Get Social series, to increase interest and knowledge for impact investing
2017

Funded by

$693K from 6 funders · 8 grants · 2017–2024

Hopewell Fund

$200K · 2 grants · 2022–2023

WK Kellogg Foundation

$135K · 2 grants · 2017–2019

Michigan Civic Education Fund

$50K · 1 grant · 2023

Tides Advocacy

$50K · 1 grant · 2023

Details

EIN204696543
NTEE codeS99
Subsection03
Ruling date2006-06
Formed2006
Employees0
Volunteers15
LOCAL FIRST EDUCATIONAL FOUNDATION — Mission, Financials & Grants Received | Grantivo