Grand Rapids, MI

RIGHT PLACE FOUNDATION

EIN 27-4012914

Community & Economic Development Small Business & Entrepreneurship

Mission

To lessen the burdens of government by performing economic development services for Kent County, the City of Grand Rapids, and other local units of government in and around Kent County, Michigan; and to solicit, receive and administer funds exclusively for such charitable purposes.

IRS-recognized 501(c)(3) public charity Contributions are tax-deductible

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About RIGHT PLACE FOUNDATION

Right Place Foundation is a Michigan-based public charity that raises and administers philanthropic support to advance regional economic development in Greater Grand Rapids and Kent County. The foundation acts primarily as a funder and supporter of The Right Place, Inc. and of targeted regional economic development projects. The organization operates as a grantmaker and program backer, partnering with corporate and community foundations and local government partners to support business retention, expansion, attraction, and related capacity-building efforts. It is an active 501(c)(3) public charity with recent Form 990 filings and multi-year financial activity.

Notable achievements

Major FY2024 grant to The Right Place, Inc.

In fiscal year 2024 the foundation reported making a grant of approximately $1,530,575 to The Right Place, Inc. to support regional economic development programming and operations.

Substantial 2024 fundraising and financial position

The foundation reported $3,369,393 in contributions in FY2024 and net assets of $3,517,574, reflecting increased philanthropic support and capacity to fund regional initiatives.

Strategic corporate and foundation partnerships

Right Place Foundation secured multi-source support in recent years from regional funders (examples include corporate foundation awards in 2024) to advance projects that strengthen local economic development capacity and business attraction.

At a glance

Total assets: $3.7M
Annual revenue: $3.4M
Tax status: 501(c)(3)Public charity
EIN: 27-4012914
Location: Grand Rapids, MI
Website: www.rightplace.org
On Mahalo since: September 2026

Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.

Recognition

Recognized public charity (501(c)(3)) status with regular Form 990 filings and public financial reporting.

Profiled and tracked by national nonprofit data platforms for its grantmaking and financial disclosures, indicating active grantmaking and transparency in public filings.

Positioned as the philanthropic/funding arm aligned with The Right Place, Inc., a long-standing regional economic development organization that the foundation supports.

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