Gerald R Ford Foundation

Analysis

Gerald R Ford Foundation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gerald R Ford Foundation reported income of $1.4m and spending of $2.4m, spending 167% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $1.4m (-46%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 282%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gerald R Ford Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include GSD Advisers Inc ($1.4m), The Key to Learning with Dr Nyman ($1.4m) and Next Step Housing ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $295k (12% of expenses). Other salaries and wages came to $483k. At year end it held assets of $45.6m against liabilities of $133k, net assets of $45.5m. It reported 9 employees.