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    5. Dwelling Place of Grand Rapids Nonprofit

    Dwelling Place of Grand Rapids Nonprofit

    ActivePublic CharityHousing & ShelterMakes PRIs
    GRAND RAPIDS, MI
    EIN (Tax ID): 38-2313832Latest Form 990: 2025Total assets: $57.4M3 filings on record

    About Dwelling Place of Grand Rapids Nonprofit

    Dwelling Place of Grand Rapids directs its philanthropic resources almost exclusively to affordable housing in Grand Rapids, providing large-scale operational support to nonprofit housing providers. The foundation’s single recorded grant funds day-to-day operations for low-income housing in the downtown/Heartside area, signaling a place-based, housing-first priority focused on keeping units available and viable for low-income residents.

    Focus Areas

    Operational support for low-income/affordable housing in Grand Rapids (Heartside neighborhood)Preservation and maintenance of nonprofit-owned affordable rental housingSupport for downtown neighborhood housing stability and revitalization

    Who They Fund

    low- and moderate-income familiespreviously homeless individualsresidents of targeted neighborhoodssmall and start-up businesses / local entrepreneursnot-for-profit organizations leasing neighborhood commercial space

    Financial Snapshot

    Annual Giving

    $1.3M

    Total Assets

    $57.4M

    Total Revenue

    $7.4M

    Total Expenses

    $8.6M

    Geographic Reach

    Local1 state funded
    Funding intensity
    Low
    High
    Headquarters

    Deep Analysis

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    Giving Approach

    Highly concentrated, place-based giving: a single, large operational grant to one local affordable housing nonprofit rather than many small or diversified awards.

    Funding Style

    asset ownership and long-term property managementdirect service provision (housing + social services)place-based neighborhood revitalizationsupportive housing / wraparound services

    Notable grantees: Heartside Nonprofit Housing Corporation

    Topics

    affordable rental housing developmentrehousing / services for previously homeless individualshousing stability case management and supportive servicescommercial space activation to provide neighborhood servicessmall and start-up business support / local economic development
    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    HEARTSIDE NONPROFIT HOUSING CORPORATIONGRAND RAPIDS, MI$1,342,8502025TO SUPPORT OPERATIONS FOR LOW-INCOME HOUSING
    HEARTSIDE NONPROFIT HOUSING CORPORATIONGRAND RAPIDS, MI$6,5002024TO SUPPORT OPERATIONS FOR LOW-INCOME HOUSING
    DWELLING PLACE REGIONAL COMMUNITY LAND TRUSTGRAND RAPIDS, MI$386,5642023START UP GRANTS
    HEARTSIDE NONPROFIT HOUSING CORPORATIONGRAND RAPIDS, MI$8,5002023TO SUPPORT OPERATIONS FOR LOW-INCOME HOUSING

    HEARTSIDE NONPROFIT HOUSING CORPORATION

    $1,342,850
    GRAND RAPIDS, MI2025

    TO SUPPORT OPERATIONS FOR LOW-INCOME HOUSING

    HEARTSIDE NONPROFIT HOUSING CORPORATION

    $6,500
    GRAND RAPIDS, MI2024

    TO SUPPORT OPERATIONS FOR LOW-INCOME HOUSING

    DWELLING PLACE REGIONAL COMMUNITY LAND TRUST

    $386,564
    GRAND RAPIDS, MI2023

    START UP GRANTS

    HEARTSIDE NONPROFIT HOUSING CORPORATION

    $8,500
    GRAND RAPIDS, MI2023

    TO SUPPORT OPERATIONS FOR LOW-INCOME HOUSING