gracf annual report

2020 Annual Report

Read our 2020 Annual Report by clicking on the above image.

Please contact us if you would like a copy of a past report by calling 218-999-9100 or emailing us at info@gracf.org.

About Us

The Grand Rapids Area Community Foundation was established in 1994 by concerned business and community leaders to help local citizens contribute to the community to improve the quality of life in this area. The Grand Rapids Area Community Foundation is one of only 700 community foundations in the United States. We are a nonprofit public charity whose purpose is to have a positive impact through philanthropy in all sectors of the community and manage a collection of funds initiated by individuals, corporations and community service organizations to benefit the geographical area around Itasca County, Minnesota.

The Grand Rapids Area Community Foundation is governed by a volunteer Board of Directors who live and work in the Itasca County area, who are knowledgeable about their communities, and who are committed to ensuring that the spirit and the intent of each gift is honored.

Our Mission

To inspire individuals and organizations to give to the community to improve the quality of life.

Our Vision

The Grand Rapids Area Community Foundation will be the philanthropic partner for organizations, donors, and financial professionals to join charitable intentions with community needs to improve the quality of life in our area.

Our Values

Integrity: We do what’s right – legally and morally.
Trust: We earn confidence through demonstrated actions.
Stewardship: We watch over, maintain, and accept full responsibility with regard to managed funds and Foundation affairs.
Respect: We admire individual differences, embrace diversity, and are inclusive in our relationships with all.
Professional: We welcome learning and demonstrate subject matter expertise in all Community Foundation areas.

What is a Community Foundation?

Community Foundations are public charities serving people who share a common interest – improving the quality of life in their area. They support charitable activities by making grants to unrelated organizations or institutions or to individuals for scientific, educational, cultural, religious, or other charitable purposes. Community Foundations create funds that help their community meet the challenge of changing times by investing and administering these funds.

Proudly Serving

The Grand Rapids Area Community Foundation serves the greater Itasca County area which is defined as Itasca County and all of Hill City, Remer, Blackduck and Northome.

Support Your Community

As a donor, you select the type of fund that best matches your charitable goals. You can either provide a gift to an existing fund or you can establish a new fund to help you achieve your philanthropic goals and to leave a personal legacy.