RAINBOW FOUNDATION
https://N/A - NO WEBSITETotal Given 2016–2020
$1.2M
16 grants · $249K avg/year
based on 5 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$15K
typical small grants · $10K–$83K
grant size
20%
balanced · 2/10 multi-year
repeat
$1.0M
Assets · 2020
10
Distinct recipients
About
THE FOUNDATION HAS TERMINATED UNDER SECTION 507(B)(1)(A) BY DISTRIBUTING ALL ASSETS TO ELIGIBLE 501C3 ORGANIZATIONS. INVESTMENTS AND CASH WERE TRANSFERRED TO THE RECIPIENTS AT FMV.
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
MARJORIE HOOGEBOOM
Phone
6165511488
Deadlines
APPLICATIONS ACCEPTED AT ANY TIME. NOTICE OF APPROVAL, REJECTION, OR REQUESTS FOR ADDITIONAL INFORMA
How to Apply
APPLICATION MUST BE IN WRITTEN FORM, DESCRIBING THE NATURE OF THE REQUEST AND THE DOLLAR AMOUNT NEEDED.
Restrictions
PREFERENCE IS GIVEN TO EDUCATIONAL INSTITUTIONS IN THE WESTERN MICHIGAN AREA.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $56K | $1.0M | $55K | 7 |
| 2018 | $66K | $1.0M | $60K | 3 |
| 2020 | $1.1M | $0 | $21K | 6 |
Grant Size Distribution
Based on 16 grants on record
Minimum
$5K
25th Pctl
$10K
Median
$15K
Average
$78K
75th Pctl
$83K
Maximum
$801K
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| JONATHON VANDER LAAN | DIRECTOR | — |
| KATHLEEN M HOOGEBOOM-POT | ASSISTANT TR | — |
| DAVID T JEWELL | DIRECTOR | — |
| MARJORIE G HOOGEBOOM | SECRETARY/TR | — |
| CHERYL L HOOGEWIND | VP/ASST. SEC | — |
| KAREN J VANDER LAAN | PRESIDENT | — |
Grants Awarded (16 total)
| Purpose | ||||
|---|---|---|---|---|
| CALVIN COLLEGE | GRAND RAPIDS, MI | $801,032 | SCHOLARSHIP ENDOWMENT | 2020 |
| CAMP ROGER | ROCKFORD, MI | $101,082 | TEAM BUILDING COURSE | 2020 |
| KALAMAZOO CHRISTIAN SCHOOLS | KALAMAZOO, MI | $90,037 | MAKING ALL THINGS NEW | 2020 |
| GRAND RAPIDS CHRISTIAN SCHOOLS | GRAND RAPIDS, MI | $83,056 | ASSISTANCE WITH REMOTE LEARNING | 2020 |
| CALVIN COLLEGE | GRAND RAPIDS, MI | $38,725 | SCHOLARSHIPS | 2018 |
| SAFE HAVEN MINISTRIES | GRAND RAPIDS, MI | $25,021 | EMPOWER DB, LAPTOP COMPUTERS | 2020 |
| WELLSPRING LUTHERAN SERVICES | KENTWOOD, MI | $25,000 | EDUCATION AND COMM TECH UPGRADES | 2020 |
| KALAMAZOO CHRISTIAN SCHOOL ASSOC | KALAMAZOO, MI | $17,275 | MAKING ALL THINGS NEW CAMPAIGN | 2018 |
| CALVIN COLLEGE | GRAND RAPIDS, MI | $12,500 | SCHOLARSHIPS | 2016 |
| CALVIN COLLEGE | GRAND RAPIDS, MI | $12,500 | SCHOLARSHIPS | 2016 |
| REHOBOTH CHRISTIAN SCHOOL | REHOBOTH, NM | $10,000 | NEW HIGH SCHOOL | 2016 |
| SAFE HAVEN MINISTRIES | GRAND RAPIDS, MI | $10,000 | EMPOWER DB, LAPTOP COMPUTERS | 2018 |
| GRAND RAPIDS SYMPHONY | GRAND RAPIDS, MI | $6,000 | 5TH GRADE CONCERTS | 2016 |
| SLD READ | GRAND RAPIDS, MI | $5,000 | ACHIEVE SUCCESS INITIATIVE | 2016 |
| CALVIN COLLEGE | GRAND RAPIDS, MI | $5,000 | COMMONS DINING HALL RENOVATION | 2016 |
| REHOBOTH CHRISTIAN SCHOOL | REHOBOTH, NM | $5,000 | NEW HIGH SCHOOL | 2016 |