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Habitat Kent Blog

Seeking to put God's love into action, Habitat for Humanity of Kent County brings people together to build homes, communities, and hope.

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WHY AN ENDOWMENT FUND?

Stability and opportunity. 

A well-funded endowment provides a permanent source of support for addressing Habitat Kent's existing and future needs.

  • Allows the development and implementation of new and better programs while growing Habitat Kent's core services.
  • Provides balanced income streams ensuring Habitat Kent's mission can weather periods of economic unsteadiness or unexpected expenses.

Endowments are vital to donors!

An endowment gift perpetuates the donor's values; it provides assurance that Habitat Kent's service to families in need will survive the donor. 

  • Your life's work and passion for change can live on indefinitely.
  • The endowment principal will not be spent and will grow; providing a source of lasting support and personal legacy.
  • Your annual giving to Habitat can last forever. For example: if you currently give $1,000 a year to Habitat Kent, a $20,000 endowment gift will ensure that Habitat Kent receives that annual gift of $1,0000, FOREVER! Your generosity will be invested in the lives of local low-income families in need of housing, FOREVER! (Actual distribution ranges from 4%-5.75% annually. Example given based on 5%)

Why Grand Rapids Community Foundation?

An endowment at GRCF means Habitat Kent's service will expand, remain healthy, and continue to revitalize our community's families and neighborhoods!

  • GRCF handles investment management and oversight; all accounting and financial reporting; and an annual audit.
  • Being invested in GRCF's larger pool of assets can lead to greater growth, greater income and lower investment fees.
  • GRCF can facilitate complex gifts from donors.
  • GRCF provides Habitat Kent's donors with access to planned giving resources; enabling Habitat Kent's staff and resources to be allocated to fulfilling its mission. 
  • Being listed in GRCF's annual report puts Habitat Kent's name and mission in front of our area's leading philanthropists. 
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     “I was bit by the Habitat bug a couple of years ago,” said Habitat Kent homeowner Tennille Harkness. Tennille paused and got a bit choked up while sitting in her living room just two years removed from moving into her Habitat home.

     “I’m definitely blessed. The timing was perfect. The conditions of my old living situation weren’t healthy,” Tennille said. “I worked hard in the Habitat program for my kids. And I want them to eventually own this home in years to come.”

     However, the “Habitat bug” did more than build a home for Tennille and her four kids. It also gave her the itch to serve her block on the west side of Grand Rapids. This itch to serve manifested itself this past week when Tennille accepted a position on the board of the West Grand Neighborhood Organization.

     “I’m excited to be on the board and represent the residents on the west side,” Tennille said.

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     Grand Rapids Community Foundation today announced a $500,000 grant to Habitat for Humanity of Kent County. The grant will support Habitat Kent’s Building Blocks strategy that focuses on neighborhood revitalization in Grand Rapids’ west side through new home construction and rehab and repairs of existing homes.

     Habitat Kent will develop and preserve affordable housing opportunities and revitalize west side focus neighborhoods by partnering with 120 families to build or repair their homes. The strategy is a continuation of Habitat Kent’s recent two-year neighborhood revitalization campaign that took a holistic approach of creating affordable housing in Grand Rapids neighborhoods.

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     Steve, Beth, Nilay, Melodi, Kyle, Arie, and Evelyn are thrilled for their new home at 1019 Sibley. Steve didn’t expect a conversation about Habitat with a friend two years ago would lead to a new home without a leaky roof. No more buckets are needed in the family room now, only buckets of fun.

     Steve and Beth appreciated earning sweat equity hours and have learned a lot in their partnership with Habitat Kent. “My character has grown because of this Habitat process,” Steve said. In order to complete construction hours, Steve used his vacation time at work. Steve and Beth also appreciated Dave Ramsey’s Financial Peace University and implementing financially disciplined concepts.

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For Habitat Kent homebuyers, even an average day can be challenging. Balancing work, family, and earning sweat equity takes organization and commitment. Listen how one of our homebuyer's makes time for a home maintenance class and learns valuable information for her future home. 

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HABITAT FOR HUMANITY OF KENT COUNTY

CONTACT US
616-774-2431
425 Pleasant Street SW
Grand Rapids, MI 49503

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